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Countrywide Financial (NYSE: CFC) is trading up 98 cents to $6.10. Dow Jones News reported Thursday that Bank of America (NYSE: BAC) is in advanced talks to acquire struggling Countrywide. CFC is expected to report EPS on January 29th. CFC options are in fast market.

Options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.

Options update 1-10-08: CFC options in fast market amid talks with Bank of America originally appeared on BloggingStocks on Thu, 10 Jan 2008 14:45:00 EST. Please see our terms for use of feeds.

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