Bank of America Corp (NYSE:BAC)

Why Bank of America Earnings Hit a Record High

Bank of America Corp. (NYSE: BAC) reported first-quarter fiscal 2018 results before markets opened Monday morning. The big bank reported diluted earnings per share (EPS) of $0.62 on revenue of ...
Read Full Story »

Netflix, Bank of America, United Continental and More Earnings On Tap This Week

The U.S. broad markets ended this past up for the first time in a while. Year to date, the Dow Jones industrial average and the S&P 500 are down 1.5% ...
Read Full Story »

Are Short Sellers Signaling Optimism in the Major Banks?

The financial sector was a major part of the Great Recession, and it has been a major part of the recovery and raging bull market since then. Generally speaking, the ...
Read Full Story »

The 6 Most Shorted NYSE Stocks

The market gains in early March began to dwindle in the latter half of the month as worries about a potential trade war grew and big tech stocks began to ...
Read Full Story »

Banks Boosted 2017 Lending to $114 Billion for Fossil Fuel Projects

Mining for coal and exploring for oil and natural gas are expensive undertakings, and miners and exploration and production companies depend on bank financing to help fund these often massive ...
Read Full Story »

Short Sellers Raise the Stakes in Major Banks

The financial sector was a major part of the Great Recession, and it has been a major part of the recovery and raging bull market since then. Generally speaking, the ...
Read Full Story »

The 6 Most Shorted NYSE Stocks

Concerns about inflation and rising rates in this nine-year-old bull market were joined at the beginning of this month by fresh worries about a trade war as the administration announced ...
Read Full Story »

Top Analyst Upgrades and Downgrades: BofA, Broadcom, Dominion, Netflix, Pegasystems, 21st Century Fox, Thor, Western Digital and More

Stocks have been trading mixed for the better part of two weeks now, and the major indices were looking for direction on Friday. The bull market is now over nine ...
Read Full Story »

Bank of America CEO Made 250 Times Average Employee

Brian T. Moynihan, chairman of the board, chief executive officer of Bank of America Corp. (NYSE: BAC), had a very good year. He made $21,791,812 in 2017. That is 250.1 ...
Read Full Story »

6 Most Important Things in Business Today

President Trump killed a potential deal for Broadcom Ltd. (NASDAQ: AVGO) to buy Qualcomm Inc. (NASDAQ: QCOM). 24/7 Wall St. has the details. Saudi Aramco faces an uphill battle as ...
Read Full Story »

Short Sellers Back Way Off Major Banks

The financial sector was a major part of the Great Recession, and it has been a major part of the recovery and raging bull market since then. Generally speaking, the ...
Read Full Story »

The 6 Most Shorted NYSE Stocks

After volatility roared back into the markets in early February, bringing with it the long overdue 10% correction, things seemed to settle down somewhat as the month wore on. Then ...
Read Full Story »

The 5 Most Shorted NYSE Stocks

After volatility roared back into the markets in early February, bringing with it the long overdue 10% correction, things seemed to settle down somewhat as the month wore on. Then ...
Read Full Story »

Short Sellers Can’t Make Up Their Minds on Major Banks

The financial sector was a major part of the Great Recession, and it has been a major part of the recovery and raging bull market since then. Generally speaking, the ...
Read Full Story »

The 6 Most Shorted NYSE Stocks

Volatility roared back into the markets in early February, bringing with it the long overdue 10% correction. Sell-offs can be good for short sellers, depending on how they are positioned ...
Read Full Story »