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Bank of America : BAC

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2412 Articles

Douglas A. McIntyre | Apr 30, 2008 at 5:13 AM EDT

Will Countrywide’s (CFC) Goon Squad Go To The Gallows?

The FBI appears to have uncovered some fraud in lending practices at Countrywide (CFC) and now the question is whether…

Douglas A. McIntyre | Apr 28, 2008 at 9:04 AM EDT

Large Banks Beginning To Close Branch Locations (C)(WB)(WFC)(BAC)

Consumers and businesses are faced with two difficult problems as a result of major banks taking huge write-offs. The first…

Douglas A. McIntyre | Apr 22, 2008 at 4:54 AM EDT

RBS (RBS) News No Encouragement For US Banks

Royal Bank of Scotland (RBS) will raise as much as $24 billion to bolster its capital position, a dubious record…

Douglas A. McIntyre | Apr 22, 2008 at 4:36 AM EDT

NYSE Shorts Move Out Of Big Banks And Into Autos And Airlines: Looking For Chapter 11?

The mid-month reports on short interest in NYSE shares showed that many short sellers moved out of big financial stocks…

Douglas A. McIntyre | Apr 21, 2008 at 2:53 AM EDT

Media Digest 4/21/2008 Reuters, WSJ, NYTimes, FT, Barron’s

According to Reuters, National City (NCC) will raise as much as $7 billion. Reuters writes that Viacom (VIA) will launch…

Douglas A. McIntyre | Apr 20, 2008 at 10:11 AM EDT

The Market Rally Everyone Wanted Can’t Be Sustained (JPM)(ORCL)(IBM)(AAPL)(MER)(RIMM)(BIDU

Wall St. wanted some sign that the the recession might not be pulling the economy under for the next four…

Douglas A. McIntyre | Apr 13, 2008 at 2:43 PM EDT

Market Toughens As Financials And Tech Sell-Off (C)(BAC)(GE)(JPM)(WFC)(INTC)(CSCO)(DELL)(RIMM)(AAPL)

Over the last week, both major financials and techs sold off substantially, another sign that one major sector is doing…

Douglas A. McIntyre | Apr 4, 2008 at 6:50 AM EDT

Moody’s Downgrades Countrywide (CFC): What About BAC?

Moody’s cut the credit rating of Countrywide (CFC) to "D" for default, over worries about liquidty. According to Reuters "The…

Douglas A. McIntyre | Apr 3, 2008 at 5:31 AM EDT

Justice For Countrywide (CFC)?

A federal judge has approved an investigation into the lending practices of Countrywide (CFC). The mortgage company may have, among…

Douglas A. McIntyre | Apr 1, 2008 at 5:01 AM EDT

Techs Fared Worse Than Financials In Q1: The Plague Of The High PE

With all of the carnage in the financial sector it would be hard to believe that any other group of…

Douglas A. McIntyre | Mar 30, 2008 at 7:08 PM EDT

How Banks Will Make Huge Money On Fed Borrowing (C)(JPM)(BAC)

Banks are going to the Fed and getting money at 2.5% and putting it onto their balance sheets. What do…

Douglas A. McIntyre | Mar 28, 2008 at 4:31 AM EDT