Related Blog Posts from the Wikinvest Wire

Bank of America (BAC)   Subscribe to Bank of America (BAC) content from the Wikinvest Wire
 » Back to Bank of America (NYSE:BAC) Stock Page

  

7/25/14Market Update: Bank of America Corporation (NYSE:BAC) – Ex-Bank of America trader avoids prison... (Jutia Group)

[Reuters] - A former Bank of America Corp derivatives trader who pleaded guilty to conspiring to falsify documents was spared prison on Friday after spending years helping the government probe bid-rigging in the $3.7 trillion municipal bond market. Brian Zwerner, a former manager of Bank of America's municipal derivatives desk, was sentenced to spend [...]

7/24/14Stock Update: Bank of America Corporation (NYSE:BAC) – Bank of America to pay $16.6 mln to reso... (Jutia Group)

[Reuters] - Bank of America Corp's banking unit agreed to pay $16.6 million to resolve allegations that it processed transactions for drug traffickers who are subject to U.S. sanctions, the U.S. Treasury Department ... Read more on this. Bank of America Corporation (BAC), valued at $164.26B, opened this morning at $15.56.   [...]

7/23/14Stock Update (NYSE:BAC): Did Bank Of America Breach Agreement With Tibco Software? (Jutia Group)

[at Seeking Alpha] - Tibco enterprise software (NASDAQ: TIBX ) has alleged that Bank of America (NYSE: BAC ), the second biggest US bank, with an asset base valued at $2.17 trillion, copied $300 million worth of Tibco's enterprise ... Read more on this. Bank of America Corporation (BAC), with a current market [...]

7/21/14Why Higher Interest Rates Will Become a Necessity (Jutia Group)

Let’s start with the U.S. housing market. Has the recovery for it ended or just stalled? My answer comes in one sentence: While it’s always a matter of location, only the high-end housing market is doing well, while the general market is weak. I can see it in the mortgage numbers. People just aren’t taking loans to [...]

7/16/14Stock Update (NYSE:AIG): BofA pays AIG $650 million to settle mortgage disputes (Jutia Group)

[Reuters] - Bank of America agreed to pay American International Group Inc $650 million to settle long-running legal disputes over defective mortgage-backed securities sold in the run-up to the financial crisis. The deal, which the parties announced early Wednesday, ends securities fraud litigation that the insurer brought against Bank of America. It also removes [...]

7/16/14Market Update (NYSE:BAC): Litigation costs hit Bank of America quarterly profit (Jutia Group)

[Reuters] - Bank of America Corp, the second-largest U.S. bank by assets, reported a 43 percent drop in second-quarter profit as mortgage revenue fell and litigation costs soared. Analysts on average had expected earnings of 29 cents per share, according Thomson Reuters I/B/E/S. It was not immediately clear if the estimate was comparable to [...]

7/10/14Market Update (NYSE:BAC): Bank of America resubmits request for dividend increase: WSJ (Jutia Group)

[Reuters] - Bank of America declined to comment on the report. The previously planned dividend increase would have been the first for the bank since the financial crisis, and raising it has been a top priority for Chief Executive Brian Moynihan. Prior to the 2008 financial crisis, the bank paid a quarterly dividend of [...]

7/1/14Company Update: Bank of America Corporation (NYSE:BAC) – Bank of America Chicago Marathon Honor... (Jutia Group)

[Business Wire] - The Bank of America Chicago Marathon has recognized veteran business leader Jim Jenness as the fourth annual recipient of the Richard M. Daley and Maggie Daley Award. Read more on this. Bank of America Corporation (BAC), valued at $163.10B, began trading this morning at $15.38.   Looking [...]

6/23/14October 18th Options Now Available For Bank of America (BAC) (Jutia Group)

Investors in Bank of America Corp. saw new options become available today, for the October 18th expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 117 days until expiration the newly available contracts represent a potential opportunity for [...]

6/16/14Company Update (NYSE:BAC): BofA’s Merrill Lynch fined for mutual fund overcharges (Jutia Group)

[Reuters] - Bank of America Corp's Merrill Lynch unit was fined $8 million and ordered to repay $24.4 million to settle a U.S. regulator's allegations it overcharged thousands of charities and retirement accounts ... Read more on this. Bank of America Corporation (BAC), with a current value of $160.39B, opened at $15.30. [...]

5/27/14Company Update: Bank of America Corporation (NYSE:BAC) – BofA’s investment bank aims to be mo... (Jutia Group)

[Reuters] - Bank of America Corp is looking to diversify its investment banking business by doing more equity underwriting and merger advisory work and by winning more clients outside the United States, a senior executive said on Tuesday. Underwriting debt "has been one of [Bank of America's] great strengths, but clearly the business is [...]

5/27/14Options for Bank of America Investors (Jutia Group)

Consistently, one of the more popular stocks people enter into their stock options watchlist at Stock Options Channel is Bank of America . So this week we highlight one interesting put contract, and one interesting call contract, from the July expiration for BAC. The put contract our YieldBoost algorithm identified as particularly interesting, is at [...]

5/21/14Stock Update: Bank of America Corporation (NYSE:BAC) – Bank of America to Participate in the Sa... (Jutia Group)

[Business Wire] - Bank of America Chief Executive Officer Brian Moynihan will participate in the Sanford C. Bernstein 30th Annual Strategic Decisions Conference in New York on May 28 at 10 a.m. ET. Read more on this. Bank of America Corporation (BAC), with a current value of $153.69B, started the session at $14.59. [...]

5/19/14Market Update: Bank of America Corporation (NYSE:BAC) – No liability for BofA for allegedly con... (Jutia Group)

[Reuters] - A federal appeals court said Bank of America Corp was not liable to shareholders for allegedly concealing a $10 billion fraud lawsuit by American International Group Inc, whose filing led to a 20-percent one-day plunge in the bank's stock price. The 2nd U.S. Circuit Court of Appeals in New York on Monday [...]

5/19/14Stock Update (NYSE:AIG): No liability for BofA for allegedly concealing $10 bln AIG case (Jutia Group)

[Reuters] - A federal appeals court said Bank of America Corp was not liable to shareholders for allegedly concealing a $10 billion fraud lawsuit by American International Group Inc, whose filing led to a 20-percent one-day plunge in the bank's stock price. The 2nd U.S. Circuit Court of Appeals in New York on Monday [...]

5/13/14Bank of America Corporation (NYSE:BAC) | Spring Bank of America Small Business Owner Report Finds... (Jutia Group)

[Business Wire] - Over half of small business owners in the Greater Washington area are planning for growth, according to the spring 2014 Small Business Owner Report, released today by Bank of America. Read more on this. Bank of America Corporation (BAC), valued at $158.68B, started the session at $15.04.   [...]

5/7/14Why Warren Buffett Isn’t Bothered by BofA “Error” (Gold Stocks Today)

Bank of America is in hot water... again. This time with its shareholders. But as always, there's more to the story. So, in light of today's BofA shareholder meeting, Dave Gonigam examines the events that led up to last week's announcement of a $4 billion shortfall, and why one billionaire investor seems to think it's "no big deal." Read on...

5/7/14Bank of America Corporation (NYSE:BAC) | Bank of America Announces Results of 2014 Annual Meeting (Jutia Group)

[Business Wire] - Bank of America Corporation today announced the voting results of matters considered during the company’s annual meeting of shareholders in Charlotte. Read more on this. Bank of America Corporation (BAC), valued at $156.68B, began trading this morning at $14.86.   Looking at the equity, the company's one [...]

4/30/14Bank of America Corporation (NYSE:BAC) | Bank of America Examines Innovative Forms of Social Fina... (Jutia Group)

[Business Wire] - Bank of America today announced plans to assess the use of innovative social financing, such as social impact bonds and other pay-for-success programs, to address critical shortfal Read more on this. Bank of America Corporation (BAC), valued at $159.64B, opened at $15.26.   Shares have traded today [...]

4/28/14Market Update (NYSE:BAC): U.S. Fed tells BofA to resubmit capital plans after errors (Jutia Group)

[Reuters] - The U.S. Federal Reserve on Monday said Bank of America had to redo a capital plan it had submitted as part of the Fed's annual stress tests, and that it told the bank to suspend any raises in shareholder capital distribution. Bank of America had disclosed it had incorrectly reported data used [...]

4/25/14Company Update (NYSE:BAC): BofA ex-CFO agrees to settle NY lawsuit over Merrill (Jutia Group)

[Reuters] - Bank of America Corp's former finance chief, Joe Price, has agreed to pay $7.5 million to settle a New York lawsuit that accused the bank and its former executives of misleading investors during the lender's acquisition of Merrill Lynch. The agreement ends the 2010 case against former chief executive Kenneth Lewis, Price [...]

4/22/14Stock Update: Bank of America Corporation (NYSE:BAC) – ON THE MOVE-BofA capital markets head Ca... (Jutia Group)

[Reuters] - Lisa Carnoy has joined U.S. Trust, the private banking unit of Bank of America Corp, as division executive for its Northeast and metropolitan New York region. Carnoy, who had been head of global capital markets at the bank, will report to U.S. Trust President Keith Banks and also join Bank of America's [...]

4/20/14My First Four Stocks Back – BAC, WFC, LNKD, NFLX (The Wild Investor)

Below is list of some stocks I'll be watching this week. Bank of America (BAC) About a month off its 52-week high, it looks like BAC found a level of support around $15.50. Much of its trouble stems from its legal issues and not actual operations. I would look to see if the stock can breach and [...]

4/19/14I’m BAC (The Wild Investor)

In a sudden plot twist, The Wild Investor is back? You are probably wondering where I was. To sum it up, I left the market to invest my time and money into other projects. I also spent a lot of money on traveling, drinking, and chocolate chip cookies. Currently, I am in a full-time MBA program and [...]

4/16/14Company Update (NYSE:BAC): Bank of America’s mortgage crisis costs become a recurring problem (Jutia Group)

[Reuters] - The bank on Wednesday posted $6 billion of litigation expenses for its first quarter, far exceeding the $3.7 billion of settlement costs that investors had previously known about. Since the 2008-2009 financial crisis, Bank of America has logged some $50 billion of expenses for settlements of lawsuits and related legal costs, before [...]

4/15/14Stock Update (NYSE:BAC): BofA Merrill Lynch Fund Manager Survey Finds Continued Growth Optimism f... (Jutia Group)

[Business Wire] - Investor confidence in global economic growth remains high even as expectations of higher short-term rates increase, according to the BofA Merrill Lynch Fund Manager Survey for Apr Read more on this. Bank of America Corporation (BAC), valued at $171.20B, began trading this morning at $16.09.   Looking [...]

4/14/14Bank of America Corporation (NYSE:BAC) – 2014 Bank of America Chicago Marathon Registrants Noti... (Jutia Group)

[Business Wire] - Today, the Bank of America Chicago Marathon announced that 45,000 entrants were selected to run the 2014 race. The field will be comprised of non-guaranteed lottery entrants and guaranteed entrants, which include time qualifiers, legacy finishers, international tour groups, and charity runners. Read more on this. Bank of America Corporation [...]

4/9/14Company Update (NYSE:BAC): Former Bank of America retail banker Perry Hall joins Moelis (Jutia Group)

[Reuters] - A former Bank of America banker who works with clients in the retail sector has joined Moelis & Co, the boutique investment bank said on Wednesday. Perry Hall joins Moelis as a manager director based in ... Read more on this. Bank of America Corporation (BAC), valued at $173.85B, started the [...]

4/8/14Bank of America Corporation (NYSE:BAC) – BofA Merrill’s ePayables Solution Surpasses 100,000 ... (Jutia Group)

[Business Wire] - Bank of America Merrill Lynch, a leader in transaction services, announced that its proprietary electronic accounts payables solution, ePayables, has surpassed 100,000 enrolled suppliers. Read more on this. Bank of America Corporation (BAC), valued at $172.95B, ended trading yesterday at $16.38.   Looking at the equity, the [...]

4/7/14Company Update (NYSE:BAC): BofA Merrill Further Extends Chip and PIN Technology to Corporate and ... (Jutia Group)

[Business Wire] - Bank of America Merrill Lynch, a leader in card services for middle-market, large corporate and public sector clients, today announced that it is expanding chip and PIN technology to all purchasing and travel credit card products available to clients in the United States. Read more on this. Bank of America [...]

4/3/14Company Update (NYSE:BAC): Bank of America in settlement talks over credit card practices-WSJ (Jutia Group)

[Reuters] - Bank of America Corp is in talks to may pay more than $800 million to settle allegations by the Consumer Financial Protection Bureau that it forced customers to sign up for extra credit-card products, ... Read more on this. Bank of America Corporation (BAC), with a current market cap of $181.24B, [...]

4/2/14Market Update: Bank of America Corporation (NYSE:BAC) – Bank of America Merrill Lynch 401(k) Sc... (Jutia Group)

[Business Wire] - According to the latest Bank of America Merrill Lynch 401 Wellness Scorecard, throughout 2013 employees demonstrated positive savings behaviors in their 401 plan1. The report reveals year-over-year trends in plan participant behaviors, along with employers’ adoption of 401 design features in plans serviced by Bank of America Merrill Lynch. Read more [...]

3/27/14Company Update (NYSE:BAC): Registration Closes for 2014 Bank of America Shamrock Shuffle 8K as 40... (Jutia Group)

[Business Wire] - Record-setting cold and a snow-filled winter did not slow Chicago-area runners from registering for this year’s 35th Anniversary Bank of America Shamrock Shuffle 8K, the world’s largest 8-kilometer road race, which closed today when the 40,000-participant capacity was reached. Read more on this. Bank of America Corporation (BAC), with a [...]

3/26/14Market Update (NYSE:BAC): Exclusive: Bank of America, ex-CEO Lewis settle NY lawsuit over Merrill (Jutia Group)

[Reuters] - Kenneth Lewis, who turned Bank of America Corp into the nation's largest bank but also saddled it with enormous losses tied to mortgages, has settled a lawsuit accusing him of deceiving investors about one of his biggest acquisitions: Merrill Lynch & Co. Lewis, the bank's chief executive from 2001 to 2009, will [...]

3/25/14Market Update: Bank of America Corporation (NYSE:BAC) – National Education Association and Bank... (Jutia Group)

[Business Wire] - Bank of America and the National Education Association today announced the long-term renewal of their agreement to offer NEA-branded credit card products to NEA members. Read more on this. Bank of America Corporation (BAC), with a current market cap of $184.84B, ended session yesterday at $17.37.   [...]

3/20/14Bank of America Corporation (NYSE:BAC) | Bank of America Provides Estimates From 2014 Stress Test... (Jutia Group)

[Business Wire] - Bank of America today made available the results of the company’s 2014 Dodd-Frank Act Annual Stress Test on the Bank of America Investor Relations website at http://investor.bankof Read more on this. Bank of America Corporation (BAC), with a current value of $189.38B, opened at $17.44.   During [...]

3/19/14Stock Update: Bank of America Corporation (NYSE:BAC) – BofA Merrill Leads Discussion on Global ... (Jutia Group)

[Business Wire] - As a leader in global payments capabilities, Bank of America Merrill Lynch takes an active role in facilitating dialogue around the changing landscape of global commerce and the range of solutions companies can use to make disbursements. Read more on this. Bank of America Corporation (BAC), valued at $182.15B, opened [...]

3/17/14Market Update: Bank of America Corporation (NYSE:BAC) – Bank of America Commits Its Resources t... (Jutia Group)

[at noodls] - As California experiences its worst drought in modern history, leading to anticipated increases in agriculture-related unemployment and rising food prices, Bank of America is committing its resources to ... Read more on this. Bank of America Corporation (BAC), valued at $180.40B, opened at $16.98.   Looking at [...]

3/11/14Company Update: Bank of America Corporation (NYSE:BAC) – BofA Merrill Wins Three Treasury Award... (Jutia Group)

[Business Wire] - Bank of America Merrill Lynch has been named by Global Finance magazine as Best Overall Bank for Cash Management in North America for the fourth consecutive year. The publication a Read more on this. Bank of America Corporation (BAC), with a current market cap of $183.61B, opened this morning at [...]

3/7/14Company Update: Bank of America Corporation (NYSE:BAC) – To Support the Next Generation of Wome... (Jutia Group)

[PR Newswire] - WASHINGTON, March 7, 2014 /PRNewswire/ -- On Saturday, thousands of established women leaders from around the world will meet with emerging women leaders to participate in the seventh annual Vital Voices Global Mentoring Walk, part of a global movement to inspire a rising generation through mentorship. Held on International Women's Day, [...]

3/6/14Bank of America Corporation (NYSE:BAC) – Bank of America suspends senior FX trader in London -s... (Jutia Group)

[Reuters] - Bank of America has suspended a senior foreign exchange trader in London, a source familiar with the matter said on Thursday. Joseph Landes, head of spot trading for Europe, Middle East and Africa, has been put on leave as the bank investigates allegations of currency manipulation. Landes couldn't be reached immediately and [...]

3/4/14Company Update (NYSE:BAC): Bank of America and Vital Voices Promote Economic Empowerment for Wome... (Jutia Group)

[at noodls] - Bank of America and Vital Voices today launched a week-long mentoring initiative in Mexico City. The Global Ambassadors Program (GAP), which runs from March 4 through 8, brings together influential women ... Read more on this. Bank of America Corporation (BAC), valued at $174.59B, opened this morning at $16.48. [...]

2/26/14Company Update: Bank of America Corporation (NYSE:BAC) – Exclusive: Biomet picks BAML, Goldman,... (Jutia Group)

[Reuters] - Biomet Inc, the U.S. medical device maker that was taken private by a private equity consortium for $11.4 billion in 2007, has hired underwriters for an initial public offering later this year, people familiar with the matter said on Wednesday. Biomet's owners -- Blackstone Group LP (BX), Goldman Sachs Group Inc's (GS) [...]

2/25/14Bank of America Corporation (NYSE:BAC) – The FIDO Alliance Welcomes Global Financial Leader Ban... (Jutia Group)

[Marketwired] - The FIDO Alliance , an industry consortium revolutionizing online authentication with the standards for strong authentication, today announced that Bank of America, has joined the FIDO Alliance and been ... Read more on this. Bank of America Corporation (BAC), valued at $174.61B, opened this morning at $16.51.   [...]

2/21/14Bank of America Corporation (NYSE:BAC) | Bank of America Recognized by CDP as a Supplier Taking P... (Jutia Group)

[at noodls] - Inaugural CDP Supplier Climate Performance Index Lists Bank of America as One of the World's Best Performers on Climate Management Bank of America has been named as a leader in climate change performance ... Read more on this. Bank of America Corporation (BAC), valued at $172.70B, began trading this morning [...]

2/19/14Bank of America Corporation (NYSE:BAC) – Bank exits boost utilities, funds in Europe gas and po... (Jutia Group)

[Reuters] - LONDON/FRANKFURT (Reuters) - Tougher European financial regulations have prompted banks to leave power and gas trading, meaning greater dominance by utilities and trading houses and less appeal for investors. The global commodities market for banks has shrunk to about $4 billion from as high as $12 billion at the end of the [...]

2/18/14Bank of America Corporation (NYSE:BAC) | BofA Merrill Lynch Fund Manager Survey Finds Fears Growi... (Jutia Group)

[at noodls] - "Investors remain firmly bullish towards developed markets and Europe in particular. But we would caution that current valuations in Europe already fully price in the region's growth outlook" ... Read more on this. Bank of America Corporation (BAC), valued at $175.29B, opened at $16.70.   Looking at [...]

2/14/14Bank of America Corporation (NYSE:BAC) – CBRE Group, Inc. Renews Relationship with Bank of Amer... (Jutia Group)

[at noodls] - LOS ANGELES--(BUSINESS WIRE)--Feb. 14, 2014-- CBRE Group, Inc. (NYSE:CBG) today announced that it has renewed and expanded its relationship with Bank of America Merrill Lynch (BofAML) (NYSE: BAC), the ... Read more on this. Bank of America Corporation (BAC), currently valued at $176.62B, started trading this morning at $16.75. [...]

2/13/14Company Update: Bank of America Corporation (NYSE:BAC) – BofA Merrill GTS Enhances China Treasu... (Jutia Group)

[at noodls] - Balance of Payments Declaration Module Improves Efficiency and Reduces Operational Risk; Launch Is Consistent With Ongoing Solution Investment in China Market Bank of America Merrill Lynch Global Transaction ... Read more on this. Bank of America Corporation (BAC), valued at $177.36B, opened at $16.65.   Looking at [...]

2/11/14Stock Update: Bank of America Corporation (NYSE:BAC) – Bank of America Declares Quarterly Divid... (Jutia Group)

[Business Wire] - Bank of America Corporation today announced the Board of Directors declared a regular quarterly cash dividend on Bank of America common stock of $0.01 per share, payable March 28, Read more on this. Bank of America Corporation (BAC), valued at $177.20B, opened at $16.73.   Looking at [...]


Your blog posts can appear here by joining the Wikinvest Wire
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki