To say that the situation had become painful at Bank of America (NYSE: BAC) would be the understatement of the year. Shares were trading at $10.22 on July 21, before the meltdown…
Bank of America Corp. (NYSE: BAC) raised $5 billion in cash from Warren Buffett last week, and the bank announced this morning that more cash is on the way from a sale…
LG Display (NYSE: LPL) cuts capital expenditures as demand for LCD screens is hurt by tablet PC sales. (Reuters) Samsung to delay its tablet launch in the U.S. because of IP lawsuits…
Now that Bank of America Corp. (NYSE: BAC) has raised $5 billion in cash from Warren Buffett, it’s time to look around and see what assets the bank might have on the…
Bank of America Corporation (NYSE: BAC) has just scored its saving grace. Berkshire Hathaway Inc. (NYSE: BRK-A) is investing $5 billion in 6% preferred shares and warrants. What makes this different from…
Short sellers appear to believe that the gyrations in the market will, on balance, bring the indices down. And some stocks, they are willing to gamble, will fall significantly. Their bets on…
Billionaire and hedge fund manager John Paulson of Paulson & Co. and of Paulson Management is a widely followed equity hedge fund manager for whale watchers. He has made billions of dollars,…
Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) and Warren Buffett have just released the latest holdings of U.S.-listed equities as of June 30, 2011 and this is the second group of ‘M to…
Bank of America Corp. (NYSE: BAC) is selling more assets as it raises capital in an effort to stem the drop in the company’s share price related to its purchase of Countrywide…
Active traders and day traders have many stocks to choose from this Tuesday morning. We are tracking news and  moves in shares of ARM Holdings (NASDAQ: ARMH), General Electric Company (NYSE: GE), JP Morgan Chase…
2.25 PM Comments from the Fed killed the rally, and the DJIA dropped into negative territory. The central bank will keep interest rates low through mid-2013, but it did not indicate any…
Screening for value in banks right now is probably a fools’ game. In fact, J.P Morgan Chase & Co. (NYSE: JPM) trades at close to 0.9-times book value and Citigroup Inc. (NYSE:…
Next week will mark the true ‘opening the floodgates’ for earnings season. We have given some brief earnings previews and added in color for the DJIA components set to report earnings in…
Each year, Capgemini publishes the U.S. Metro Wealth Index, which ranks the number of high-net-worth individuals living within the ten largest metropolitan statistical areas. According to the report, high-net-worth Individuals “are defined…
Bank of America Corporation (NYSE: BAC) is showing investors this morning that its book value may actually be more relevant than what it had been given credit for. The largest bank by…
