Bank of America Corp (NYSE:BAC)

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Marijuana News Roundup: Biggest US Banks Are in the Cannabis Business

One of the biggest issues facing cannabis businesses in states with legalized marijuana is their inability to find a bank willing to handle their money. Because marijuana remains illegal under ...
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As Wells Fargo Closes 400 Branches, Other Banks May Follow

Wells Fargo & Co. (NYSE: WFC) continues to be plagued by a scandal caused by employees who opened fake customer accounts, estimated to be as many as 2 million. The ...
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Bank of America Continues Its Run After Q4 Win

The recent rate hike from the U.S. Federal Reserve might have been too late to impact the fourth-quarter of the major banks, but it sets an optimistic outlook for the ...
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What to Expect From Bank Earnings Friday

Three of the major U.S. banks are releasing their fourth-quarter earnings reports before the markets open on Friday. Generally speaking, financial stocks have made solid gains through the end of ...
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The 6 Most Shorted NYSE Stocks

The Trump rally seemed to weaken as the year wound to its conclusion, while many investors and traders were out for the holidays. Yet with markets still near all-time highs, ...
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What to Expect From 3 Major Bank Earnings

Three of the major banks are reporting their fourth-quarter financial results before the markets open on Friday. In general, financial stocks have made solid gains through the end of 2016, ...
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5 Financial Giants Still Trading Under Book Value

As 2016 comes to an end, it is important to first look back and consider what has taken place and then to look forward to what may come in 2017. ...
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The 6 Most Shorted NYSE Stocks

The Trump rally continued this month, with the markets hitting new all-time highs as investors anticipate a strengthening economy under the new administration. While moves among the most shorted stocks ...
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Top Analyst Upgrades and Downgrades: Baker Hughes, Bank of America, Barrick Gold, BP, Citigroup, JetBlue, Morgan Stanley and More

Stocks have hit all-time highs, but the Dow Jones Industrial Average remains under 20,000 and the S&P 500 remains under 2,300. With 2016 quickly coming to an end, the undeniable ...
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America’s Best (and Worst) Banks of 2016

Since the November elections, the S&P Banks Select Industry Index has risen slightly more than 26%. Financial institutions are widely seen as being significant beneficiaries of President-elect Trump's push to ...
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Why Oppenheimer Sees 2017-18 as Goldilocks Years for the Banks

The rally in most of the major banks stocks since the November 8, 2016 presidential election has been almost unprecedented. If a rally has taken place this fast it would ...
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The 6 Most Shorted NYSE Stocks

Late last month, the Trump victory had sunk in and the subsequent market rally was picking up steam as Thanksgiving and the holiday shopping season rolled around again. Judging by ...
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Jefferies Says Banks Still Have Room to Run: 4 Top Picks to Buy Now

One industry that exploded out of the gate after the Donald Trump victory was the banks stocks, especially the big boys. The question on the minds of many investors is a simple ...
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10 Most Shorted NYSE Stocks

Here are the top 10 most shorted stocks traded on the New York Stock Exchange, as of the November 15 settlement date. Sprint Corp. (NYSE: S), 152.08 million shares short, down ...
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5 Trump Victory Stocks May Be Getting Overbought

The question of whether stock prices are driven by current events or whether these events only serve as bumps on a road that equities are already taking will be debated ...
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