Before the bell, Bank of America announced it was cutting 16, 000 jobs, as my colleague Abram Brown reported.

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On 17 May the pair drove to Bedford for a meeting with Bell's bank manager to sort out the debt.

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England will bank on five batsmen with Ian Bell replacing former skipper Michael Vaughan at number three.

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Wells Fargo will release its performance figures for the second quarter of the year before the trading bell this Friday, and the bank is expected to come out with yet another record quarter driven by its swelling mortgage business.

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The bank also reported a blockbuster fourth-quarter profit before the opening bell.

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Bank of America shares inched up 0.2% before the opening bell Monday.

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Bell has been in excellent one-day form for Warwickshire in the Clydesdale Bank 40, scoring 340 runs in six matches at an average of 56.66.

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Shares of Bank of America rallied in pre-market trading but were off their highs shortly before the opening bell.

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