Barclays Plc is an oft-mentioned takeover candidate in the world of Wall Street speculation. Now Merrill Lynch, publishing what a blogger for the Financial Times calls "an extraordinarily bolshy research note," predicts that Bank of America will make a soon play for the British bank.
A nasty battle has erupted between Boston-based mutual fund firm Eaton Vance and newsletter publisher Jim Grant, author of "Grant's Interest Rate Observer." Eaton Vance has filed a lawsuit claiming Grant placed spyware on the company's computers to find out if Eaton Vance employees were passing around pirated copies of the newsletter.
EDGAR is getting a facelift. The SEC has awarded a $48 million contract to Keane Federal Systems to revamp and modernize the agency's electronic data-filing system, known as EDGAR. The plan calls for publishing EDGAR's data in XBRL, or Extensible Business Reporting Language, which will make it faster and easier to search and analyze.
Lehman Brothers trainee Grant Bowman, a 25-year-old former University of Michigan football player, has been called up to the Pittsburgh Steelers practice squad for the Super Bowl. Bowman, who was on the Steelers' practice squad in 2004, is unlikely to play in the game and expects to be back at work Tuesday.