12:36pm ET
Banking, finance, and taxes
The Largest U.S. Banks
Research firm SNL Financial has released its list of the top 50 U.S. banks at the end of the second quarter of 2012. The eleven largest banks are JPMorgan Chase & Co.…
Companies
/Financial Services
Bank Of America Corp
$56.70
▲ $0.67 (+1.20%) today
Markets closed · 7:05am ET
BAC Coverage
Page 758:03am ET
Investing
Gender Matters: Investing Still a Man’s World
When it comes to making investment decisions among households with at least $3 million in assets to invest, more than 75% of men believe they are better qualified to decide than their…
Paul Ausick 10:26am ET
Investing
Big Swings in Short Interest in Actively Traded Cult Stocks (ALU, BAC, BKS, DNDN, DMND, FB, FSLR, GMCR, GRPN, LNKD, NFLX, NOK, RSH, RIMM, SIRI, ZNGA)
The short interest in the actively traded cult stocks and low-priced shares is often highly volatile. We tracked some rather large moves up and down in this group for the August 15 settlement…
8:00am ET
Investing
Largest Short Interest Positions
The short interest in the stocks with the largest positions as of August 15: Bank of America Corp. (NYSE: BAC) down 2% to 220 million shares. Nokia Corp. (NYSE: NOK) up…
7:53am ET
Banking, finance, and taxes
Short Interest Lightens Up in Quality Banks (BAC, BK, COF, C, GS, JPM, RF, USB, WFC)
The short interest in bank stocks looks to be one where investors and speculators are easing up on their attacks of the quality banks if you review the short interest changes from…
2:21pm ET
Banking, finance, and taxes
BofA Making New Board Member Additions
Bank of America Corporation (NYSE: BAC) is appointing four new board members, an effort which will replace retiring members. The move will initially take the number of board members up to a count…
Jon C. Ogg 10:04am ET
Banking, finance, and taxes
Bank of America Sells Merrill Lynch International Unit
The Julius Baer Group has announced that Bank of America (NYSE: BAC) is selling Merrill Lynch’s international wealth management business to the Swiss private banking firm for approximately 860 million Swiss francs…
Trey Thoelcke 11:48am ET
Investing
Manchester United Being Supported At Offering Price By Underwriters (MANU, FB, JEF, CS, JPM, BAC, DB)
Manchester United PLC (NYSE: MANU) is being supported by its underwriters if the volume and pricing is of use. The formal IPO was 16.6 million shares at $14.00. We heard the Bloomberg…
9:24am ET
Investing
Big End of July Short Interest Changes in Cult and Controversial Stocks (ALU, BAC, BKS, DNDN, DMND, FB, FSLR, GMCR, GRPN, LNKD, NFLX, NOK, RSH, RIMM, SIRI)
The short interest data is out from the July 31 settlement date and we have compared these levels to the prior July 13 settlement date. It seems that there were some big…
3:00pm ET
Banking, finance, and taxes
S&P Really Hikes Bank Cost Targets on Dodd-Frank (BAC, C, GS, JPM, MS, PNC, USB, WFC)
If you think that the higher regulation of banks and financial institutions is immaterial, it is not. Even if the banks need far more regulation than what they had been accustomed to,…
10:10am ET
Housing
Is Wells Fargo’s Mortgage Influence Just Too Big Now?
Wells Fargo & Company (NYSE: WFC) is the bank that we said has replaced J.P. Morgan Chase & Co. (NYSE: JPM) as the safest of the money-center banks in America now. Wells…
12:49pm ET
Investing
‘Cheapest’ DJIA Stocks Outperforming The Market (DIA, AA, BAC, JPM, CAT, CSCO, HPQ)
This week we featured a list of the six cheapest DJIA components as of Monday’s close. The basis was how discounted the share prices have been to the consensus analyst price target…
8:25am ET
Investing
The Six Cheapest DJIA Stocks (AA, BAC, CAT, CSCO, HPQ, JPM, MSFT, UTX, BA, AAPL, IBM)
As stocks rise, analysts generally lift their price targets on key stocks. As stocks fall, analysts generally lower their price targets. It is a game on Wall St., but it is a…
6:35am ET
Investing
Nine Great American Companies That Will Never Recover
wikicommons / SkimstaMany American companies have been lauded for their rapid rise to greatness, a process that sometimes takes less than a decade. These firms become leaders in their industries, are renowned…
7:54am ET
Banking, finance, and taxes
Meredith Whitney Cautions on Utility Banks
Bloomberg TV hosted the outspoken and well-known bank analyst Meredith Whitney early Tuesday morning about the banking sector and the future trends that have to be addressed in banking and brokerage operations. She…