11:15am ET
Banking, finance, and taxes
What $16.65 Billion Really Means to Bank of America
Bank of America shares rallied late on Wednesday on news that it has reached a $17 billion settlement with the Department of Justice.
Jon C. Ogg
Companies
/Financial Services
Bank Of America Corp
$62.32
â–² $1.15 (+1.88%) today
Markets closed · 10:24am ET
BAC Coverage
Page 55 Jon C. Ogg 2:35pm ET
Technology
Google Easily the Top U.S. Web Property
ThinkstockDigital media research firm comScore Inc. (NASDAQ: SCOR) has released its ranking of the top 50 U.S. web properties for July and the list is topped, once again, by the usual suspects.…
8:35am ET
Banking, finance, and taxes
Oppenheimer Says Buy the Big 3 Banks Instead Of Fully Valued Regionals
ThinkstockWall Street often operates inside what seems to be a vacuum, and once an idea becomes hot, everybody seems to want to follow it. One big trade that became hot earlier this…
7:42am ET
Investing
NYSE Stocks With Most Short Interest
Wikimedia CommonsHere’s a look at the five NYSE-traded stocks with the largest number of shares held short as of July 31st. Of the five, short interest of two had decreased. Short interest…
5:13pm ET
Investing
Top Wednesday After-Hours Stocks on the Move
Thinkstock24/7 Wall St. has tracked several key stocks on the move in Wednesday’s after-hours trading session. There will have been other movers as well, but these were the top movers that we…
10:30am ET
Banking, finance, and taxes
BofA Dividend Hike May Just Be the First Step in Capital Returns
Bank of America has delivered good news to its shareholders. It will no longer have that embarrassing one-cent dividend for its common stock.
Jon C. Ogg 3:13pm ET
Banking, finance, and taxes
Is a $1.3 Billion Fine for BofA Getting Off Cheap?
A sum of nearly $1.3 billion in a government fine would put most businesses out of business. However, if your corporate name is Bank of America Corp. (NYSE: BAC) or one of…
Jon C. Ogg 11:55am ET
Banking, finance, and taxes
Nomura Sees Credit Card Growth Opportunities Remaining Ahead
ThinkstockNomura is out with a report that bodes marginally well for banks issuing credit cards and private credit card issuance. Nomura’s Bill Carcache is signaling that more issuers are now reporting positive…
9:10am ET
Banking, finance, and taxes
Oppenheimer’s Top Bank Stocks to Buy for the Rest of 2014
ThinkstockIf any Wall Street sector has had headline risk for the past year, and some would say five years, it is the banking sector. Despite a horrible public relations nightmare as the…
8:00am ET
Investing
CBS Joins the 5 Most Shorted NYSE Stocks
Wikimedia CommonsCBS saw a sharp rise in short interest between the June 30 and July 15 settlement dates, lifting it into the top five most shorted stocks on the New York Stock…
7:32am ET
Special Report
Customer Service Hall of Shame
courtesy of Alex Proimos, via Wikimedia CommonsWhen it comes to companies we dread dealing with, we all know who they are. Let’s put it this way, would you rather go to the…
7:55am ET
Banking, finance, and taxes
Bank of America Earnings Still Battered by Legal Costs
Bank of America reported second-quarter results before markets opened Wednesday morning. The results included $3.9 billion in litigation expenses.
12:00pm ET
Banking, finance, and taxes
What to Expect at BofA, Morgan Stanley After Other Big Bank Earnings
Tuesday morning reports from both J.P. Morgan Chase and Goldman Sachs continued the string of positive earnings reports from Wall Street's biggest banks.
11:10am ET
Banking, finance, and taxes
How Citi Earnings Will Impact Goldman Sachs, J.P. Morgan and BofA
After backing out the $3.8 billion in charges for settling its dispute with the U.S. Department of Justice, Citigroup reported better-than-expected second-quarter results Monday morning.
9:15am ET
Investing
The Top 11 Earnings Previews for the Week Ahead
ThinkstockThe week of July 14 to July 18 is going to mark the official launch of earnings season. Already we have seen Alcoa please the street and set a positive bias, but…