Bank of America Running On Own Merits (BAC, FAS, C)
Bank of America Corporation (NYSE: BAC) was recently named as one of the Top DJIA Stocks With Upside for 2012. The problem is that the target price from the consensus analyst reading…
Bank of America Corporation (NYSE: BAC) was recently named as one of the Top DJIA Stocks With Upside for 2012. The problem is that the target price from the consensus analyst reading…
Bill Gross’s PIMCO Total Return Fund has $1.4 billion in outflows in December, according to Morningstar. (Reuters) MF Global sold some assets to Goldman Sachs (NYSE: GS) before its collapsed. (Reuters) As…
If there is a banking and financial boutique that investors pay attention to, it is Keefe Bruyette & Woods. The firm is out with a note trimming fourth quarter bank earnings, handily cutting estimates in…
At the start of each year, 24/7 Wall St. reviews and updates price targets looking for stocks which offer the most upside or the least upside for the year ahead. After looking…
As each new year replaces the prior year, 24/7 Wall St. looks at the individual targets on all 30 Dow Jones Industrial Average price targets from Wall Street analysts to come up…
2011 was more or less a wash for stock performance when it was all said and done. There were several great stories and there were many duds. 24/7 Wall St. has compiled…
The retail industry, just off a successful holiday season, must now wait for data on how post-holiday sales went. The Monday after Christmas is one of the busiest of the year. Two…
Retailers hope that “mega Monday” sales continue a string of strong retail results. (Reuters) The MF Global disaster prompts requests that the systems for grain trading to be changed. (Reuters) Chinese investment…
http://platform.twitter.com/widgets/hub.1324331373.html Yahoo! (NASDAQ: YHOO) is working on a deal with Alibaba to sell part of its stake in the Chinese company. (Reuters) Toyota (NYSE: TM) expects record sales next year of 8.48…
The US Department of Justice and Bank of America Corp. (NYSE: BAC) have reached settlement related to discrimination allegations lodged against Countrywide Financial Corp. before Countrywide was acquired by BofA. The bank…
Nokia (NYSE: NOK) and Microsoft (NASDAQ: MSFT) may have an interest in buying Research In Motion (NASDAQ: RIMM) (WSJ) Amazon (NASDAQ: AMZN) may have an interest in buying RIM (Reuters) China hackers…
The US Federal Reserve has issued proposed regulations that would put additional requirements on large US banks. The banks sure to be affected by the new rules include Goldman Sachs Group Inc.…
AT&T (NYSE: T) gives up on its effort to buy T-Mobile. (Reuters) Apple (NASDAQ: AAPL) wins a patent case over HTC in the smartphone wars. (Reuters) Olympus will sell shares to Sony…
US equity markets opened a bit higher this morning, after futures trading pared early morning gains. Early optimism, however, was not to pan out, following some rather downbeat remarks from the president…
Shares of Bank of America Corp. (NYSE: BAC) posted a new 52-week low today at $5/share. BofA isn’t the only loser in the financial sector — JPMorgan Chase & Co. (NYSE: JPM),…