The following corporate finance-related stories were reported by media:* Bank of America Corp could cut as much as $3 billion in annual expenses in the second phase of its efficiency program, Bloomberg News reported on Monday.* Premier Foods has kicked off the sale of Sarson's Vinegar and is accelerating the disposal process on Hartleys Jams as it strives to secure new loan terms with its bankers by the end of March, the Financial Times reported.
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