Bank Of America Corp
NYSE: BAC
$39.69
+$0.29 (+0.7%)
Closing Price on September 30, 2024
BAC Articles
Brian Katt / Wikimedia Commons / GNU Free Documentation LicenseThe annual stress tests on the biggest U.S. banks produced a few surprises when the results were announced last night. The capital plans...
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ThinkstockThere has been a bruising battle over how much America’s largest corporations should pay in taxes, especially as the size of the federal budget deficit grows. While on paper the federal...
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Courtesy Herbalife Ltd.William Ackman and Pershing Square Capital Management have released another presentation backing Ackman’s claim that Herbalife Ltd. (NYSE: HLF) is indeed a pyramid scheme....
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Bank of America Corp. (NYSE: BAC) has released a Small-Cap Alpha Surprise list from Merrill Lynch of small-cap stocks from the Russell 2000 for March. Of the 23 picks, eight were in health care, six...
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Bank of America Corp. (NYSE: BAC) is out with its so-called RIC-Report for its clients. There is good news for equity investors, but not such good news for investors in municipal bonds, corporate...
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ThinkstockThe housing market is clearly improving. According to the National Association of Realtors, existing home sales have risen and distressed mortgages account for a smaller part of those...
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thinkstockWe have tracked the key short interest changes as of February 28 in the following large cap stocks: General Electric Co. (NYSE: GE), Nokia Corp. (NYSE: NOK), Bank of America Corp. (NYSE:...
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ThinkstockThe financial sector took a beating during the mortgage and housing market meltdown that threw the nation into recession in 2008. After five years of bailouts and rebuilding, the banking...
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ThinkstockFor more than four years the wireless tower stocks were among the most impressive gainers, even as the markets sputtered back and forth. They became the darlings of the momentum traders and...
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ThinkstockThe Federal Reserve is finally out with its results of the bank stress tests. This is not the formal decision that will allow all the banks to increase their dividends and share buybacks....
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ThinkstockDick Bove is now with Rafferty Capital, and he was on CNBC this morning with yet another very positive call in the banking sector. His view is ahead of the stress test results today and...
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Frank Golhen, via Wikimedia CommonsThe news of the Dow Jones Industrial Average hitting new highs this week is certainly good news. The problem is that the news comes with some serious caveats. We...
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ThinkstockWe are now within ten days of the release of the Federal Reserve’s new round of stress tests on how the nation’s largest banks will do if (or when) the economy goes back into a...
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ThinkstockThe conventional wisdom says that low interest rates encourage banks to lend more because more borrowers come knocking on the door. So why, when the Fed funds rate is as close to zero as it...
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ThinkstockThe MLP research team at Credit Suisse Group (NYSE: CS) are still firm believers in their “catch-up” rally slogan. Master limited partnerships (MLPs) underperformed the S&P 500 in...
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