Cramer Said BofA Could Buy NCC or CMA

On CNBC, Jim Cramer makes comments on Bank of America (NYSE: BAC), saying the company is still looking to expand and potential takeover targets are National City Corp. (NYSE: NCC) or Comerica Inc. (NYSE: CMA). NOTE: BofA is pushing the US to expand the deposit 10% deposit cap.

Prudential Mistaken on National City (NCC) Takeover

This morning, Prudential downgraded National City (NYSE: NCC) to Underweight. One of the reasons the firm cited was their mistaken belief that the company was ripe for a takeover.