Quantcast

Posts related to ‘BAC’

Bank of America Earnings, Rising Tide Lifts All Ships (BAC, WFC, JPM, C, BRK-A)

Bank of America Corporation (NYSE: BAC) was already the best performing DJIA stock with gains of more than 20% since the end fo 2011.  Now it has even more legs ...
Read Full Story »

Media Digest (1/18/2012) Reuters, WSJ, NYT, FT

Yahoo! (NASDAQ: YHOO) founder and former CEO Jerry Yang leaves the company’s board. (Reuters) The World Bank sharply cuts global growth forecasts. (Reuters) Greece and private creditors race to settle ...
Read Full Story »

Many More Banks Report Earnings This Week (GS, STT, BK, USB, NTRS, AXP, BAC, MS, COF)

We have already seen the first wave of bank earnings, but the rest of the week is full of bank and financial earnings.  In fact, the real bank earnings season ...
Read Full Story »

Major Earnings Previews For The Week Ahead (C, WFC, EBAY, GS, XLNX, AXP, BAC, GOOG, INTC, IBM, ISRG, MSFT, UNH, GE, SLB)

This shortened week is the first week full of many major companies reporting earnings season.  We will have a clear direction for the financial leaders and many of the technology ...
Read Full Story »

Today’s Best Market Rumors (1/13/2012) Kodak Funds, Bank Of America Plans

Updated throughout the day Kodak (NYSE:EK) has approached Citigroup (NYSE: C) for money to tide it through Chapter 11 (Bloomberg) Bank of America (NYSE: BAC) was given a mandate by ...
Read Full Story »

J.P. Morgan Sets Tone For Profit Taking In Banks (JPM, BAC, C, WFC)

J.P. Morgan Chase & Co. (NYSE: JPM) is a bit of a disappointment on the surface as revenues came in under plan.  Jamie Dimon and friends reported earnings of $3.7 ...
Read Full Story »

The 10 Most Hated Companies in America

Customers, employees, shareholders and taxpayers hate large corporations for many reasons. 24/7 Wall St. reviewed a lengthy list of corporations for which there is substantial research data to choose the ...
Read Full Story »

In Layoff Wave, a New Threat of Economic Retreat

The public and the press usually measure unemployment one month at a time as data from ADP and the federal government are issued. The jobs market can also be tracked ...
Read Full Story »

What’s Important in the Financial World (1/13/2012) iPhone Riots, Goldman Oil Price Forecast

Layoffs have surged recently. There is no telling why they happened all at about the same time. Drug giant Novartis (NYSE: NVS) said it will cut nearly 2,000 jobs. Food ...
Read Full Story »

Media Digest (1/13/2012) Reuters, WSJ, NYT, FT, Bloomberg

TPG may invest $1 billion in troubled Olympus. (Reuters) President Obama to ask for a $1.2 trillion increase in the national debt ceiling. (Reuters) China’s foreign currency reserves drop to ...
Read Full Story »

J.P. Morgan Preview, Huge Bank Sector Book Value Discounts On Deck (JPM, WFC, BAC, C, STT, BK, MS, GS, AXP, COF, FAS)

J.P. Morgan Chase & Co. (NYSE: JPM) is about to report earnings Friday morning as the first bank and second DJIA component kicking off earnings season.  We wanted to make ...
Read Full Story »

What’s Important in the Financial World (1/12/2012) China Car Sales, Foreclosures Fall

Foreclosures fell for the first time in four years, according to research firm Realtytrac. The firm said “Foreclosure filings were reported on 205,024 U.S. properties in December, a decrease of 9 ...
Read Full Story »

The 2012 Trade: Dump Utilities, Buy Banks… So Far (XLU, XLF, BAC, JPM, AEP, DUK)

The trade in 2011 was to go out and turn utility stocks into the new investment for retirees seeking income.  They couldn't exactly get any big yield in certificates of ...
Read Full Story »

Media Digest (1/11/2012) Reuters, WSJ, NYT, FT, Bloomberg

Dell (NASDAQ: DELL) to launch its first tablet PC late this year. (Reuters) NYSE Euronext (NYSE: NYX) and Deutsche Boerse will try to save their merger with a case for EC ...
Read Full Story »

2012 Starts Out As Year of the Banks (JPM, BAC, FAS, WFC, CIT)

Has J.P. Morgan Chase & Co. (NYSE: JPM) managed to help further turn banks around in 2012?  The sector which had no friends in 2011 is now actually the top ...
Read Full Story »