Bank Of America Corp
NYSE: BAC
$46.75
Closing Price on November 15, 2024
BAC Articles
Earnings season is upon us and so far things are shaping up either a bit better, or less-bad, than what the news reports and headlines might have led investors to believe. Next week is going to be...
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The number of foreclosures filed in the third calendar quarter of 2011 totaled 610,337, an increase of less than 1% from the second quarter and a drop of 34% from the same period a year ago. That’s...
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Whether or not you like the earnings report from J.P.Morgan Chase & Co. (NYSE: JPM) probably depends upon which news outlet you read. The earnings are lower, but by less than expected. ...
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Earnings Hat Trick: Ignore Bank Book Values (JPM, BAC, C, WFC, GS, MS, BBT, BK, COF, FITB, PNC, STI)
You hear it all the time… “This bank is so cheap against book value that it cannot go lower.” Book value, and even tangible book value, has become a pre-recession metric that just does not...
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Twice a month we get to dig through the endless short selling and short interest data released by the NASDAQ and NYSE. There are almost always some huge surprises in there and many seem...
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New York State Comptroller Thomas P. DiNapoli has released a report that says Wall St. will lose 10,000 jobs by the end of next year. This is part of the normal cycle big financial firms go through...
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The media has struggled to understand why thousands of protesters have occupied Wall St for days and seem to have no plans to leave. It is simple on one level: the protestors read the papers. The...
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AT&T (NYSE: T) sold 200,000 Apple (NASDAQ: AAPL) iPhone 4S smartphones in the first 12 hours it was available (Reuters) Fitch cut its ratings of Spain and Italy (Reuters) Sprint-Nextel (NYSE: S)...
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They’re Here! Next week will launch the corporate earnings season for the third quarter. The media is going to tell you that this is the most important earnings season in quite some time. The...
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Tim Geithner is probably tired of having to come to the rescue of financial firms, which are all some part of the Occupy Wall Street protests. Yet that is what he did today. Treasury Secretary...
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At times it seems that highly paid CEOs live in another universe that is barely related to the world the rest of us inhabit. And the CEOs of the largest US banks are among those at the outer reaches...
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Steve Jobs, the cofounder of Apple (NASDAQ: AAPL), dead at 56. Microsoft (NASDAQ: MSFT) may make a bid for Yahoo! (Reuters) Sprint-Nextel (NYSE: S) to sell the iPhone with an unlimited data plan....
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Are the Wall Street bankers, traders, and brokers really starting to do the right thing when it comes to controlled greed and compensation? If you ask the poor Wall Street protesters, probably...
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Some companies that are rumored to file for Chapter 11 do not. That appears to be the case with Eastman Kodak (NYSE: EK) and AMR (NYSE: AMR), parent of American Airlines. But that did not stop the...
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AMR Corporation (NYSE: AMR) is in trouble. That is at least what the rumor mill is trying to signal. What may seem like aggressive reporting over the weekend has added fuel to the fire of the...
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