Bank Of America Corp
NYSE: BAC
$46.75
+$0.85 (+1.9%)
Closing Price on November 15, 2024
BAC Articles
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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ThinkstockIn the coming weeks, the financial sector may move from worrying about the spending sequestration to the coming stress tests of the 19 major banks in the United States. We recently covered...
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thinkstockWe have tracked the key short interest changes as of February 15 in the following large cap stocks: General Electric Co. (NYSE: GE), Nokia Corp. (NYSE: NOK), Bank of America Corp. (NYSE:...
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ThinkstockIt is usually interesting when Wall St. brokerage firms and research firms issue analyst coverage on each other. Sometimes the coverage is positive and sometimes it is negative. Many...
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Wikimedia CommonsJ.P. Morgan Chase & Co. (NYSE: JPM) announced it will cut 4,000 part-time jobs and another 13,000 contract positions in its mortgage business. The bank blamed weaknesses in the...
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Frank Golhen, via Wikimedia CommonsThe research team at the Bank of America Corp. (NYSE: BAC) unit Merrill Lynch is resuming coverage of the public financial exchanges. IntercontinentalExchange Inc....
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ThinkstockThe U.S. banking sector is looking better in 2013 than it did in 2012, 2011 and so on. Balance sheets, credit metrics and underlying asset values continue to recover. Still, the recession...
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Bank of America Corporation (NYSE: BAC) is out with a report via the Merrill Lynch research team showing more data on the endless inflows of capital rotating back into the stock market. The firm said...
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ThinkstockThe stock market sold off on Wednesday on the mere mention that the governors at the Federal Reserve are starting to discuss the ending or at least tapering off of the long running...
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ThinkstockAmericans are often concerned about how Chinese economic growth and the rise of major Chinese businesses could impact U.S. interests. With the People’s Republic expected to pass the...
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ThinkstockInterest rates have been kept at historically low levels by the Federal Reserve since the Great Recession began in 2008. The intent behind this was to spur loan activity and borrowing to...
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