Bank Of America Corp
NYSE: BAC
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BAC Articles
To say that Bank of America Corporation (NYSE: BAC) is under pressure remains the understatement of 2011. The DJIA industrial average component is under attack from every angle. It is now under...
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The US Department of Energy has issued a conditional commitment for a partial guarantee of a $344 million loan for solar PV installer SolarCity. The company will install rooftop solar PV systems on...
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Facebook’s first half revenue doubles from a year ago. (Reuters) Fitch warns about downgrades of China and Japan. (Reuters) Department of Defense officials warn of cuts in the sum the government...
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Bank of America (NYSE: BAC) has announced another management reorganization that seems to do nothing to solve the bank’s balance sheet and legal problems. That makes the new structure useless. Tom...
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Yahoo! (NASDAQ: YHOO) CEO Carol Bartz fired over the phone. (Reuters) Obama may propose a $300 billion employment package with tax cuts and new expenditures to train workers. (Reuters) Pressure...
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Bank of America (NYSE: BAC), JPMorgan Chase (NYSE: JPM), Wells Fargo (NYSE: WFC) and Citigroup (NYSE: C) may settle charges made by several states over “robo-signing” practices. (FT) Lockheed...
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It is Bank of America’s (NYSE: BAC) turn to sell off 10%. Deutsche Bank dropped 8.9% in trading today. Royal Bank of Scotland fell 12.3%, and Societe Generale 8.6%. The reasons for the panic...
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If it is true, it would be another sign of desperation. The Charlotte Observer reports that Bank of America (NYSE: BAC) could lay-off 30,000 people over several years. The bank has come under new...
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The recovery has been stalling and it is becoming easier and easier to argue that the next recession (often mislabeled as a double-dip recession) is afoot. Friday’s net-zero in August non-Farm...
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American International Group, Inc. (NYSE: AIG) has filed a registration Form S-1 for a proposed initial public offering of its wholly-owned IFLC Holdings, Inc. subsidiary. IFLC is the aircraft...
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Federal authorities want a plan from Bank of America (NYSE: BAC) to cover plans if its financial situation gets much worse (WSJ) Regulators have pressed high frequency traders to reveal their...
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To say that the situation had become painful at Bank of America (NYSE: BAC) would be the understatement of the year. Shares were trading at $10.22 on July 21, before the meltdown started and shares...
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U.S. regulators may ask high-frequency trading firms to provide details of their trades. (Reuters) The Federal Reserve tells Goldman Sachs (NYSE: GS) it must review its foreclosure records. (Reuters)...
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An Institute for Policy Studies report says many CEOs at the 100 largest U.S. companies made more than their companies paid in taxes. (Reuters) Bank of America (NYSE: BAC) knew of a suit by AIG...
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Warren Buffett of Berkshire Hathaway Inc. (NYSE: BRK-B) is 81 years old today and many are paying tribute. Earlier this year, we gave a breakdown of his greatest investments in history. The...
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