Bank Of America Corp
NYSE: BAC
$39.23
+$0.01 (+0.0%)
Closing Price on October 2, 2024
BAC Articles
"Judges traditionally have been skeptical of buyers’ efforts to walk away from acquisitions by arguing that economic or regulatory conditions have changed so much that deals should be terminated,...
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It did not take Sallie Mae (SLM) long to sue the private equity firms that planned to buy it, and the banks that were to fund the deal. The lead investor was JC Flowers and the major banks were JP...
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The FT ran a piece in which research firm Sanford Bernstein is quoted as saying that loses at Bank of American (BAC) and JP Morgan (JPM) will be just as bad, if not worse, than the news out of...
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According to Reuters, Morgan Stanley (MS) plans to start a wealth management business in India. Reuters writes that Alan Greenspan said that US economic growth is slowing. Reuters writes that SAP...
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ACAD started as Hold at Citigroup.ALB raised to Neutral at Goldman Sachs.AMB raised to Buy at B of A.APD cut to Neutral at Goldman Sachs.BAC started as Buy at Goldman Sachs.BDN cut to Neutral at B of...
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After seeing Citigroup’s (NYSE:C) news this morning and listening to snippets of the conference call, it seems that at 9:00 AM when shares were down 2% would have been a much easier direction to...
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SLM Corp. (NYSE:SLM), or Sallie Mae, has announced that it has been informed by a representative of the buyer group led by J. C. Flowers, Bank of America (NYSE:BAC) and JPMorgan Chase (NYSE:JPM) that...
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The New York Times is reporting that Warren Buffett may be one of the people looking at taking a large interest in Bear Stearns (BSC), perhaps 20%. Bank of America (BAC) and Wachovia (WB) may also be...
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It looks like short sellers decided to bail out of the money center banking stocks ahead of the FOMC decision on rates. This is consistent with the overall trends if you look at the total exchange...
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The September short interest for NYSE stocks is out, and a number of big names in mortgages, retail ,and housing say bets against them move up. The figures compare shares short on September 14...
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Countrywide (CFC) Financial has hired Goldman Sachs and law firm Wachtell Lipton Rosen & Katz to arrange another multi-billion investment in the company, just weeks after Bank of America (BAC)...
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Stocks Tickers: MCO, MHP, XLF, GS, MS, MER, LEH, BSC, C, BAC, JPM, WFC, WB You will have to have a subscription in order to access the full article, but Moody’s has an article stating that major US...
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The CEO of CountryWide Financial (CFC), Angelo Mozilo, could not just take the $2 billion his company got from Bank of America (BAC) and have a nice day. He had to mention that he thought there would...
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According to Reuters, a group of California gas stations filed suit against Chevron (CVX), Saudi Aramco, and Royal Dutch Shell for price fixing. Reuters writes that Canon (CAJ) is spending another...
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It is too good to be true. Bank of America (BAC) put $ 2 billion into Countrywide Financial (CFC) by taking convertible preferred with an $18 a share strike price and a 7.25% coupon. BAC was able to...
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