GO
Loading...

Enter multiple symbols separated by commas

Bank of America Corp

More

  • WASHINGTON— Bank of America has been fined $30 million for violating consumer protections when collecting debts from military customers. The OCC says Bank of America has started taking steps to correct the problems and "is committed to taking all necessary and appropriate steps" to do so. Bank of America Corp., based in Charlotte, North Carolina, said it will...

  • May 29- Bank of America Corp agreed with U.S. regulators to improve its compliance practices and pay a fine for violations in lending rules toward military personnel. The Office of the Comptroller of the Currency asked the No. 2 U.S. bank by assets to pay a penalty of $30 million due to non-home loan compliance with the Servicemembers Civil Relief Act and unsafe...

  • *Broadcom, Avago shares slip after big rise on Wednesday. May 28- Avago Technologies Ltd agreed on Thursday to buy Broadcom Corp for $37 billion in the largest merger of chipmakers ever, turning a lesser known company run by a ferocious dealmaker into one of the biggest industry players. Avago, which serves the wireless and industrial markets, is offering Broadcom...

  • The banks and brands sweating on FIFA probe Thursday, 28 May 2015 | 1:41 PM ET
    Pablo Barrientos of San Lorenzo tackles Mario Bilen of Auckland City during the FIFA Club World Cup Semi Final match between CA San Lorenzo and Auckland City FC at Marrakech Stadium on December 17, 2014 in Marrakech, Morocco.

    The finer details of Wednesday's indictment against FIFA officials appears to implicate one U.S. household name in particular.

  • *Broadcom, Avago shares slip after big rise on Wednesday. May 28- Avago Technologies Ltd agreed to buy Broadcom Corp for $37 billion in the biggest chip industry deal ever, creating a company that will be able to supply chips used in everything from iPhones to servers used in data centers. Avago, a maker of chips for the wireless and industrial markets, is offering...

  • May 28- Top U.S. solar installer SolarCity Corp on Thursday said it has partnered with Bank of America on a $200 million fund that will enable smaller investors such as regional banks to finance the company's residential solar systems. The move is aimed at bringing new capital into the fast-growing rooftop solar industry and ultimately reducing the cost of...

  • NEW YORK, May 27- JPMorgan Chase& Co officials have not done enough to show how well the company is run, Chairman and CEO Jamie Dimon said on Wednesday, after one-third of shareholders disapproved last week of his pay and the practice of one person holding his two jobs. At the company's annual meeting last week in Detroit, JPMorgan's compensation for top executives...

  • *Forecasts Q2 rev $270 mln- $274 mln vs est $272.4 mln. May 26 (Reuters)- Human resource software company Workday Inc forecast current-quarter billings below market expectations and reported a bigger quarterly net loss due to higher spending on marketing and product development. That number fell below market research firm FactSet StreetAccount's estimate of...

  • May 26- Workday Inc's quarterly net loss widened by 3.6 percent as the human resource software company spent more on marketing and product development. The company, whose rivals include SAP SE and Oracle Corp, said net loss widened to $61.6 million, or 33 cents per share in the first quarter ended April 30, from $59.4 million, or 32 cents per share, a year earlier.

  • Opening statements are expected to begin on Tuesday in Manhattan state court in the criminal case against former Dewey& LeBoeuf chairman Steven Davis, 62; ex-executive director Stephen DiCarmine, 58; and ex-chief financial official Joel Sanders, 57.. Prosecutors from the Manhattan District Attorney's office say the defendants overstated revenue and...

  • Why the Nikkei rally will carry on Monday, 25 May 2015 | 6:57 PM ET

    Japanese stocks seem to be on an irresistible rally, and cheap valuations are expected to propel them to greater heights, analysts say.

  • Kudlow: Yellen’s taking rates back to the 1950s Saturday, 23 May 2015 | 8:52 AM ET
    Federal Reserve Bank Board Chair Janet Yellen.

    Janet Yellen is offering a back-to-the-'50s approach to interest rates, says Larry Kudlow. He thinks she's right, though for many wrong reasons.

  • AXA axes 500 mln euros of coal investments Friday, 22 May 2015 | 11:43 AM ET

    PARIS, May 22- French insurer AXA said on Friday it was cutting its exposure to the coal industry, pulling out of investments worth 500 million euros. Bank of America said earlier this month it was cutting back its lending to the coal industry, while French bank Societe Generale said it was restricting its exposure to the sector. However oil major Royal Dutch...

  • Boomers like GE, but everybody really loves... Friday, 22 May 2015 | 7:30 AM ET
    The General Electric Co. (GE) logo is displayed during the company's annual meeting.

    Baby boomers' portfolios favor General Electric more than any other stock except one, TD Ameritrade data showed.

  • LONDON, May 22- Twenty of the world's biggest banks have paid more than $235 billion in fines and compensation in the last seven years for a litany of misdeeds that has scarred the industry and is delaying its rehabilitation. The scale of the payouts, equivalent to the annual economy of Greece or Portugal, has hampered banks' efforts to rebuild capital, reduced...

  • Is the BOJ cornered? Thursday, 21 May 2015 | 7:38 PM ET

    The Bank of Japan may be intent on keeping its easy monetary policy, but it could run out of bonds to buy, and be forced into tapering next year.

  • Banks give Chicago breathing room to convert bonds Thursday, 21 May 2015 | 11:52 AM ET
    Skyline of Chicago

    The forbearance agreements between Chicago and the banks will allow the city to convert the variable-rate debt into fixed-rate bonds.

  • *Barclays fined $2.4 bln, fires 8 employees. Citi, Barclays, JP Morgan and RBS plead guilty. Citigroup Inc, JPMorgan Chase& Co, Barclays Plc, UBS AG and Royal Bank of Scotland Plc were accused by U.S. and UK officials of brazenly cheating clients to boost their own profits using invitation-only chat rooms and coded language to coordinate their trades.

  • Traders work on the floor of the New York Stock Exchange.

    U.S. stocks closed narrowly mixed as the Fed minutes mostly confirmed market expectations for a rate hike in the second half of the year.

  • Beware of bond bubble forming in ETFs Wednesday, 20 May 2015 | 2:08 PM ET
    Traders work on the floor of the New York Stock Exchange.

    Should you invest in fixed income when corporations are all too eagerly selling new bonds in staggeringly large amounts? Likely not.