6:34am ET
Investing
Short Sellers Savage Banks
Short sellers appear ready to follow bank stocks all the way down to zero, at least based on data for the period that ended September 15. Shares short in Citigroup (NYSE: C)…
Companies
/Financial Services
Bank Of America Corp
$62.32
▲ $1.15 (+1.88%) today
Markets closed · 4:52pm ET
BAC Coverage
Page 9412:31pm ET
Investing
America’s Most Dysfunctional Boards
Some boards of directors of America’s largest public companies have shown such poor judgment guiding their troubled corporations that they have long stopped being effective. Just recently, the misguided actions of the…
7:45am ET
Investing
24/7 Wall St. Top Analyst Calls of the Week (CARB, GLW, DG, INTC, LOGI, LULU, MAKO, MCD, MCP, NFLX, NBG, P, RENN, YHOO, YNDX, YOKU, LVS, WYNN, BAC, WFC)
Jon OggEach morning we review our top upgrades, downgrades and initiations from Wall St. research notes. We then look back over these at the end of the week to more closely review…
8:44am ET
Investing
Today’s Best Market Rumors (9/23/2011) Bank Of America Sell Pizza Hut?
Updated throughout the day. AXA may sell its private equity business (Reuters) Bank of American (NYSE: BAC) will sell its commercial real estate portfolio for $8800 million (WSJ) Bank of American may…
Douglas A. McIntyre 6:18am ET
Media
Media Digest (9/23/2011) Reuters, WSJ, NYTimes, FT, Bloomberg
A shutdown of the federal government could still happen at the end of the month as the budget battle moves to the Senate. (Reuters) Hewlett-Packard (NYSE: HPQ) names Meg Whitman, former CEO…
5:05pm ET
Banking, finance, and taxes
The Good News Bad News Chart of the Market (DIA, SPY, AA, CAT, DD, UTX, DIS, HPQ, BAC, IBM)
The DJIA (NYSE: DIA) was trading down 500 points today before a late-day rally. More European concerns and serious slowing in China’s manufacturing data only brought on more selling. The week before…
10:14am ET
Investing
Financial Stocks Tanking (BAC, JPM, C, WFC, GS, MS)
Photo by Spencer Platt/Getty ImagesWhether it’s the latest effort by the Federal Reserve to pump some liquidity into the US economy or it’s the IMF’s statement that Europe’s banks need another $440…
4:00am ET
Media
Media Digest (9/22/2011) Reuters, WSJ, NYTimes, FT, Bloomberg
The House defeated a spending bill to fund the federal government passed September 30. (Reuters) United Technologies (NYSE: UTX) will buy Goodrich (NYSE: GR) for $16.5 billion. (Reuters) China’s PMI for September…
3:32pm ET
Banking, finance, and taxes
Top Debt & Credit Rating Agency Actions (BAC, WFC, C, CNH, RAH, SWC, FIATY)
Our daily look at credit and debt ratings actions has to lead off with the news that Moody’s has lowered its ratings on Bank of America Corp. (NYSE: BAC), Wells Fargo Corp.…
12:40pm ET
Banking, finance, and taxes
Moody’s Downgrades BofA’s “A” Credit Rating… Wells & Citi Follow (BAC, C, WFC)
Bank of America Corporation (NYSE: BAC) has been no stranger to troubles nor any stranger to controversies. It is now looking to be no stranger to credit rating downgrades. Moody’s has downgraded…
5:18am ET
Investing
The Biggest CEO Apologies
“Never apologize. It’s a sign of weakness” — John Wayne as Captain Nathan Brittles in She Wore a Yellow Ribbon (1949) CEOs are rarely in the business of apologizing. They leave the…
4:38pm ET
Investing
The Worst Performing Stocks of 2011 (ARO, BAC, RIMM, TLB, AMSC, CIS, FRO, MOTR, LEDS, MTG)
2011 has been an incredibly choppy year, the economy is flirting between snail-paced growth and recession, and many companies and entire sectors are experiencing some severe business pressures or their management teams…
12:41pm ET
Jobs
Changing Morale During Layoffs (BAC, UBS, GS, HBC)
When companies announce that they are going to lay off thousands of employees, it shouldn’t be any surprise that employee morale drops like a stone. So why do they do it other…
8:47am ET
Investing
Top Active Trader Alert Stocks (BAC, C, CAT, NFLX, TYC, SVU)
Active traders and day traders have many stocks to choose from this Monday morning. We are tracking news and moves in shares of Bank of America Corp. (NYSE: BAC), Citigroup, Inc. (NYSE: C), Caterpillar, Inc.…
10:03am ET
Banking, finance, and taxes
HCA Kills Private Equity Overhang, BofA Raises Another $1.5 Billion (HCA, BAC)
HCA Holdings, Inc. (NYSE: HCA) is surging on news this morning that could be a very valuable lesson for private equity IPO situations. The company is repurchasing a whopping 80,771,143 shares of…