5:43am ET
Investing
Asking The SEC To Do Everything
Down in Washington, a bunch of Congressmen who lost their jobs and bunch of others taking lobbying money under the table for a piece of the bailout fund, are drawing and quartering…
Companies
/Financial Services
Bank Of America Corp
$56.70
▲ $0.67 (+1.20%) today
Markets closed · 6:49pm ET
BAC Coverage
Page 148
7:01am ET
Investing
2009 Dogs Of The Dow, Mostly Dogs In 2008 (AA, T, BAC, C, DD, GE, JPM, MRK, PFE, VZ)
It looks like we have our most likely candidates for the "Dogs of the Dow" for 2009. This is often misunderstood as an investment vehicle. These are the 10 highest dividend-yielding stocks…
7:31am ET
Banking, finance, and taxes
A Mistaken Vote For US Banks (FRE)(FNM)(C)(WFC)(BAC)
At some point all stocks get too cheap. Enron go too cheap. So did Fannie Mae (FNM) and Freddie Mac (FRE). The next round of company shares that appear to be bargains…
9:27am ET
Investing
Projecting The 2009 Dogs of the Dow (AA, T, BAC, C, DD, GE, JPM, MRK, PFE, VZ)
The Dogs of the Dow are often misunderstood as an investment vehicle. These are technically the 10 highest dividend-yielding stocks out of the 30 DJIA components. The formal list of the ten…
4:03am ET
Investing
Shorts Up Bets Against Healthy Banks And Big Industrials, Move Out Of Tech (AAPL)(C)(GE)(F)(INTC)(MSFT)(YHOO)
If investors had a notion that short sellers were going to stay in big financials, they were wrong. Short interest in the weakest companies in the sector dropped. Shares short in Citigroup…
5:27am ET
Banking, finance, and taxes
Do Bank Of America (BAC), JPMorgan (JPM), And Wells Fargo (WFC) Kill Dividends?
Last October, Bank of America (BAC) cuts its dividend in half to $.32. Citigroup (C) has taken its down to a penny a share. There are not may reasons to invest in…
3:25pm ET
Investing
Market Gives New AllianceBernstein (AB) CEO The Back Of Its Hand
The board of AllianceBernstein (AB), controlled by majority shareholder AXA, dumped longtime CEO Lew Sanders. The stock has been way down recently. Over the last year it is off over 70%, but…
7:48am ET
Housing
Barney Frank To Paulson: Do It My Way (C)(BAC)
Most members of Congress are still remarkably upset that Paulson too the first half of the TARP money and used it for purposes much different than the ones he first set out.…
10:49am ET
Economy
Paulson Pressures Congress To Hand Over TARP Balance, He May Need It (C)(BAC)(WFC)
Henry Paulson wants the $350 billion still left in the TARP funding from Congress. He says the last part of the first $350 billion is going to Detroit. His logic seems to…
6:54am ET
Banking, finance, and taxes
Posted Without Comment: S&P Cuts Every Bank In The Universe
According to MarketWatch, "Standard & Poor’s cut the credit rating or outlook of 12 major U.S. and European financial institutions Friday, saying the move reflected its view of the significant pressure on…
6:25am ET
Banking, finance, and taxes
Bank Stocks Get Ready For New Lows (HBC)(C)(BAC)
Despite all the capital the Treasury has put into large US banks, their stocks may be about to make new multi-year lows. While the housing market is still hurting their derivative holdings,…
3:53am ET
Media
Media Digest 12/12/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, the auto bill died in the Senate and there will be no more action this year. Reuters reports that the Bank of America (BAC) will cut as many as…
1:47pm ET
Banking, finance, and taxes
UBS Echoes Meredith Whitney: More 2009 Bank Losses (CMA, FHN, FITB, KEY, MI, RF, ZION, BAC, WFC, JPM)
UBS has a research report out for the banking sector, and the report may take away some thunder from those who are hoping that banks will return to profits sooner rather than…
9:46am ET
Banking, finance, and taxes
If Bank Analyst Is Right About Bank Of America (BAC) And Wells Fargo (WFC) No One Seems To Care
A leading bank analyst is certain that Wells Fargo (WFC) and Bank of America (BAC) are going to have to raise more money. No one seems to be listening. Both stocks are…
6:36am ET
Investing
Shorts Attack The Banks Again, But Flee Bailout Targets And Retailers
No matter how far down bank stocks go and how hard regulators try to keep short sellers out of financial shares, some of the smart money is willing to gamble that the…