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Stocks Bank of America Corp


  • Apple sales to hit roadblock ahead: Analyst Wednesday, 5 Aug 2015 | 11:33 AM ET
    People entering an Apple store in New York

    Bank of America Merrill Lynch downgraded shares of Apple to a hold on Wednesday, becoming one of the few bears on the stock.

  • School peer pressure's effect on your wallet Wednesday, 5 Aug 2015 | 7:00 AM ET
    Teenager shopping with mother

    The second peak of back-to-school shopping doesn't occur until after school already starts, as students chase trends, according to Cardlytics.

  • NEW YORK, Aug 4- A federal appeals court has revived litigation against Visa Inc, Mastercard Inc and several U.S. banks accusing them of conspiring to inflate the prices of ATM access fees in violation of antitrust law. Their lawsuits accused Visa and MasterCard of adopting rules protecting themselves from competition with lower-cost ATM network.

  • *Oil hit by bearish Reuters July survey on OPEC oil. *5 rigs added this week to U.S. oil rig count- Baker Hughes. NEW YORK, July 31- U.S. crude posted its biggest monthly drop since the 2008 financial crisis on Friday after a string of losses in July triggered by China's stock market slump and signs that top Middle East producers were pumping crude at record levels.

  • NEW YORK, July 31- Bank of America is likely to hold a shareholder vote this year to determine whether Chief Executive Brian Moynihan should be allowed to retain his title of chairman of the bank's board, a person familiar with the matter said on Friday. Bank of America announced just before its annual meeting in May that it would allow shareholders to hold a vote on...

  • CHICAGO, July 31- CBOE Holdings Inc, operator of the largest U.S. stock options market, reported stronger-than-expected quarterly earnings and revenue on Friday due to increased transaction fees and regulatory fines imposed against customers. The average revenue per contract rose 14 percent to 36.8 cents from a year earlier as clients shifted to more...

  • Two charged in 2011 cyber breach at Michaels retailer Thursday, 30 Jul 2015 | 5:36 PM ET

    The charges against Angel Angulo, 25, of Riverside, and Crystal Banuelos, 28, of Bloomington, were announced on Thursday by U.S. Attorney Paul Fishman in New Jersey, where Michaels also has stores. The scheme lasted from February to May 2011, when the defendants possessed 179 counterfeit cards in New Jersey, and affected seven banks including Bank of America Corp,...

  • Dick Bove: BofA price to double, here's why Wednesday, 29 Jul 2015 | 12:14 PM ET
    Dick Bove

    Despite its myriad troubles and doubters on Wall Street, Bank of America has a friend in Dick Bove.

  • Bove: Moynihan is right guy for Bank of America Wednesday, 29 Jul 2015 | 10:56 AM ET
    Brian Moynihan

    Despite recent management changes, Brian Moynihan is the right guy and Bank of America is the right stock, says Dick Bove.

  • What does sudden CFO exit mean for BofA? Tuesday, 28 Jul 2015 | 11:04 AM ET
    Brian Moynihan

    The New York Times explores the environment at Bank of America that led to Thompson's departure and what lies ahead.

  • LONDON, July 28- Goldman Sachs has inflamed further an already heated argument between analysts over the outlook for the copper market. The Wall Street heavyweight has positioned itself as a super bear, slashing its short, medium and long-term forecasts by as much as 44 percent in the case of 2018. Cash copper, currently trading around $5,200 per tonne, will fall...

  • MANILA, July 28- Gold languished near its weakest level since early 2010 on Tuesday, with no meaningful recovery seen as expectations for a U.S. interest rate increase grow. *Amid weaker gold prices, holdings of the world's biggest gold-backed exchange-traded fund, the SPDR Gold Trust, fell for a seventh day on Friday to 21.87 million ounces, the lowest since...

  • Google, Apple, Goldman Sachs and 10 other well-known companies joined the White House in launching the American Business Act on Climate Pledge, a campaign that the White House said would inject $140 billion in low-carbon investments into the global economy. Mindy Lubber, president of environmental investor group Ceres, applauded the announcements but said...

  • NEW YORK, July 27- UBS AG's Wealth Management Americas business on Monday said its second-quarter adjusted profits fell as higher litigation and regulatory costs put pressure on the Swiss bank's brokerage division. UBS Wealth Management Americas, which includes what was formerly known as PaineWebber Group, said adjusted pre-tax profit fell to $231 million...

  • Why Facebook and Twitter shares diverge so wildly Monday, 27 Jul 2015 | 11:00 AM ET

    In 2015, Facebook's stock fortunes have headed one way, and Twitter's the other.

  • 22 banks accused of Treasury auction manipulation Friday, 24 Jul 2015 | 7:22 AM ET
    US Treasury in Washington, DC.

    Twenty-two financial companies that have served as primary dealers of U.S. Treasury securities were sued in federal court on Thursday.

  • *Gold prices fall for ninth out of 10 sessions. LONDON, July 24- Gold slid more than 1 percent on Friday to its lowest since early 2010 as fresh strength in the dollar prompted another wave of selling, putting the metal on course for its biggest weekly loss in nine months. Gold has been hurt this year by expectations that the Federal Reserve is on track to raise interest...

  • The State-Boston Retirement System, the pension fund for Boston public employees, accused Bank of America Corp's Merrill Lynch unit, Citigroup Inc, Credit Suisse Group AG, Deutsche Bank, Goldman Sachs Group Inc, HSBC Holdings Plc, JPMorgan Chase& Co, UBS Group AG and 14 other defendants of illegally trying to profit on the sale of Treasury bills, notes and bonds at...

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

    U.S. stocks closed lower on Thursday as a deluge of mostly lackluster earnings pressured the major averages.

  • Departing BofA CFO Thompson will be missed - analysts Thursday, 23 Jul 2015 | 1:13 PM ET

    July 23- Bank of America Corp's surprise move to replace Chief Financial Officer Bruce Thompson got a less-than-enthusiastic reception from at least two prominent Wall Street analysts. Bank of America didn't explain the reasons behind the overhaul, but it came four months after the second-largest U.S. banks by assets barely passed a Federal Reserve stress...