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Posts related to ‘BAC’

Builders, Bankers Hit by Foreclosures (HOV, PHM, KBH, WFC, BAC, JPM)

Posted: October 13, 2011 at 8:39 am

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 ...
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BofA CEO Defense of Debit Card Fees: Logical Argument, Awful Delivery (BAC, C, WFC, JPM)

Posted: October 6, 2011 at 10:39 am

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 ...
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Big Banks Invest in Renewable Energy (BAC, C, WFC, GE, SPWRA, WFR)

Posted: September 30, 2011 at 2:25 pm

For several years, investing in large alt energy projects depended on large commercial banks being able to profit from the tax equity generated by a project's developer. That investment strategy ...
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Beyond Solar Death… More Federal Loan Guarantees For Solar (UTX, SRE, STP, FSLR, NVE, PLD, BAC)

Posted: September 29, 2011 at 12:02 pm

Despite the debacle with a $535 million loan guarantee to now-bankrupt Solyndra, the US Department of Energy is pressing ahead with loan guarantees to solar projects ahead of tomorrow's deadline. ...
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Goldman Could Chop Another 3,000 Staff (GS, BAC, MS, C, WFC)

Posted: September 27, 2011 at 10:22 am

Weakness in the capital markets could lead to another round of firings at the largest banks in the US as they try to bolster earnings. Goldman Sachs Group Inc. (NYSE: ...
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Top Debt & Credit Rating Agency Actions (BAC, WFC, C, CNH, RAH, SWC, FIATY)

Posted: September 21, 2011 at 3:32 pm

Our daily look at credit and debt ratings actions has to lead off with the news that Moody's has lowered its ratings on Bank of America Corp. (NYSE: BAC), Wells ...
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Changing Morale During Layoffs (BAC, UBS, GS, HBC)

Posted: September 19, 2011 at 12:41 pm

When companies announce that they are going to lay off thousands of employees, it shouldn't be any surprise that employee morale drops like a stone. So why do they do ...
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Credit Card Debt Is Rising… Or Is It? (C, JPM, MS, BAC, AXP, V, MC, COF)

Posted: September 12, 2011 at 11:02 am

This morning's report that Citigroup Inc. (NYSE: C) has downgraded its fellow banks' earnings was based on fears that the European banking system is facing severe pressure from economic weakness ...
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US Military Bases Going Solar (FSLR, STP, YGE, WMT, KYO, SHCAY, RSOL, WEST, GOOG, BAC)

Posted: September 8, 2011 at 8:14 am

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 ...
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AIG to Spin-off Plane-Leasing Subsidiary (AIG, BA, GE, EADSY, UTX, BAC, C, JPM, MS)

Posted: September 2, 2011 at 10:45 am

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 leasing ...
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BofA’s China Stake Sale Is Better For Holders Than Buffett (BAC, BRK-A, BRK-B, JPM, WFC, XLF, FAS)

Posted: August 29, 2011 at 10:20 am

Bank of America Corp. (NYSE: BAC) raised $5 billion in cash from Warren Buffett last week, and the bank announced this morning that more cash is on the way from ...
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BofA Asset Sale in China, Better Than Buffett? (BAC, BRK-A, BRK-B, JPM, WFC, XLF, FAS)

Posted: August 26, 2011 at 2:11 pm

Now that Bank of America Corp. (NYSE: BAC) has raised $5 billion in cash from Warren Buffett, it's time to look around and see what assets the bank might have ...
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The Worst Performing Stocks As The Market Tanks (C, IVR, JDSU, CIS, GENT, NTAP, APKT, RVBD, TYH, MGM, EMC, BAC, ORCL)

Posted: August 18, 2011 at 11:43 am

At about mid-day, the Dow is off nearly -4%, the Nasdaq is off nearly -4.5%, and the S&P 500 is down just over -4%. It's not a good day, ...
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BofA Sheds More Credit Card Business… Changing the Credit Sector (BAC, TD, COF, WFC, RF, C, BK, AXP, V, MA)

Posted: August 15, 2011 at 9:40 am

Bank of America Corp. (NYSE: BAC) is selling more assets as it raises capital in an effort to stem the drop in the company's share price related to its purchase ...
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BofA and the Lesson of Assets Sales (BAC, AIG, XLF, FAS)

Posted: August 11, 2011 at 1:31 pm

Shares in Bank of America Corp. (NYSE: BAC) are up more than 5.5% today following reports that the bank selling some assets to raise cash. There is also some speculation ...
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