Bank Of America Corp

NYSE: BAC
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A sum of nearly $1.3 billion in a government fine would put most businesses out of business. However, if your corporate name is Bank of America Corp. (NYSE: BAC) or one of the other too big to fail...
ThinkstockNomura is out with a report that bodes marginally well for banks issuing credit cards and private credit card issuance. Nomura’s Bill Carcache is signaling that more issuers are now...
ThinkstockIf any Wall Street sector has had headline risk for the past year, and some would say five years, it is the banking sector. Despite a horrible public relations nightmare as the “too big...
Wikimedia CommonsCBS saw a sharp rise in short interest between the June 30 and July 15 settlement dates, lifting it into the top five most shorted stocks on the New York Stock Exchange. Among these...
courtesy of Alex Proimos, via Wikimedia CommonsWhen it comes to companies we dread dealing with, we all know who they are. Let’s put it this way, would you rather go to the Apple Genius Bar to fix...
Bank of America reported second-quarter results before markets opened Wednesday morning. The results included $3.9 billion in litigation expenses.
Tuesday morning reports from both J.P. Morgan Chase and Goldman Sachs continued the string of positive earnings reports from Wall Street's biggest banks.
After backing out the $3.8 billion in charges for settling its dispute with the U.S. Department of Justice, Citigroup reported better-than-expected second-quarter results Monday morning.
ThinkstockThe week of July 14 to July 18 is going to mark the official launch of earnings season. Already we have seen Alcoa please the street and set a positive bias, but retail and basic consumer...
ThinkstockWeyerhaeuser saw a sharp rise in short interest between the June 13 and June 30 settlement dates, lifting it into the top five most shorted stocks on the New York Stock Exchange. Among...
ThinkstockWells Fargo & Co. (NYSE: WFC) may be the favorite bank stock and largest holding of Warren Buffett, but the banking giant is going to kick off earnings season for the financial stocks...
Bank of America saw a sharp rise in short interest between the May 30 and June 13 settlement dates. Other most heavily shorted NYSE stocks also saw growing short interest in the period.
Citigroup is finding out that it also gets a turn in the mortgage settlement barrel. Shares have dropped on Friday on news that the U.S. Department of Justice is seeking a $10 billion fine from the...
Frank Golhen, via Wikimedia CommonsShort sellers continue to hold huge positions not only in blue chips like Bank of America and AT&T, but also in troubled companies like J.C. Penney. As of May...
A new report from UBS dissects all of the revenue streams for the big banks, and one thing is for sure, the pie that used to be pretty huge around the street is shrinking. The question is, who will...