GO
Loading...

Enter multiple symbols separated by commas

Stocks Bank of America Corp

More

  • Looks like Trump can pick some stocks Thursday, 16 Jul 2015 | 12:08 PM ET
    Republican Presidential candidate Donald Trump addresses supporters during a rally at the Phoenix Convention Center on July 11, 2015.

    A news release revealing Donald Trump's finances also discloses his successes at investing in stocks.

  • July 16- Citigroup Inc, the third biggest U.S. bank by assets, reported its highest quarterly profit since the financial crisis as Chief Executive Michael Corbat's restructuring and cost-cutting efforts paid off and the bank's legal expenses plunged. Under Corbat, who replaced Vikram Pandit as CEO in 2012, Citi has been selling retail operations in several...

  • Revenue recession's real, and the trend isn't good Thursday, 16 Jul 2015 | 9:56 AM ET
    A trader works on the floor of the New York Stock Exchange.

    Earnings season is in full swing, and once again there are considerable worries about what some are calling a "revenue recession."

  • July 16- U.S. stock index futures rose on Thursday as investors welcomed Greek parliamentary approval of a bailout plan and on strong results from Netflix and Intel overnight. *Netflix's shares jumped 11 percent to $109 premarket a day after the company added nearly a third more subscribers than expected in the second quarter. *Goldman Sachs and Citigroup are...

  • US STOCKS-Wall Street edges lower as energy weighs Wednesday, 15 Jul 2015 | 4:23 PM ET

    *Bank of America rises after profit more than doubles. "We were positive the whole day and we sort of lost our gains right at the tail end," said Phil Orlando, chief equity market strategist at Federated Investors in New York. "If crude were to be going down, that would mean there is an assumption this deal may get through Congress or the President's veto won't get...

  • Stocks close mildly lower as Greece vote looms Wednesday, 15 Jul 2015 | 4:00 PM ET
    Traders on the floor of the New York Stock Exchange.

    U.S. stocks closed mildly lower on Wednesday as investors remained anxious ahead of an impending Greek parliament vote.

  • *Bank of America rises after profit more than doubles. Brent settled down $1.46 at $57.05 while U.S. crude settled down $1.63 at $51.41 a barrel. The group was buoyed by a 3.4 percent rise in Bank of America to $17.72 and a 3.7 percent gain in U.S. Bancorp to $45.51 after their quarterly results.

  • *Litigation expenses fall to $175 mln from $4 bln. July 15- Bank of America Corp, the No. 2 U.S. bank by assets, reported its biggest quarterly profit in nearly four years as expenses fell to their lowest since the financial crisis. Litigation expenses fell to $175 million from $4 billion a year earlier, allowing the bank to reap the benefits of the cost cuts introduced...

  • NEW YORK, July 15- Bank of America Corp Chief Executive Brian Moynihan has been hiring more sales staff, in areas ranging from commercial lending to wealth management, in his latest effort to boost revenue that has barely budged for years. Previously, Bank of America tried training individual employees to sell multiple products, but now it is focusing more on...

  • US STOCKS-Wall St higher; financial stocks lead Wednesday, 15 Jul 2015 | 1:09 PM ET

    *Nasdaq biotech index hits record high on Celgene deal. Celgene jumped as much as 10.7 percent to a record high of $135.98 after the company said it would buy Receptos to get a potential multibillion-dollar drug. Celgene's gains helped push the Nasdaq biotech index to hit a record high for the third time in three weeks.

  • *Nasdaq biotech index hits record high on Celgene deal. *Bank of America rises after profit more than doubles. *Delta Air Lines warning weighs on airline stocks.

  • *Celgene soars on deal to buy Receptos. Celegene's shares jumped as much as 9.4 percent to a record high of $134.34 after the company said it would buy Receptos for $7.2 billion to get a potential multibillion-dollar drug. Receptos jumped 10.4 percent to $228.64, while the Nasdaq biotech index jumped more than 2 percent to hit a record high for the third time in...

  • Futures struggle for gains amid Yellen, data Wednesday, 15 Jul 2015 | 9:22 AM ET
    Federal Reserve Bank Chair Janet Yellen speaks following a meeting of the Federal Open Market Committee June 17, 2015 in Washington, DC.

    U.S. stock futures traded mixed as investors digested prepared remarks by Fed Chair Janet Yellen for a speech to Congress later in the day.

  • BofA profit more than doubles on lower legal costs Wednesday, 15 Jul 2015 | 9:21 AM ET
    Pedestrians pass in front of a Bank of America branch in New York.

    Bank of America reported quarterly earnings that beat analysts' expectations on Wednesday.

  • *Bank of America rises after profit more than doubles. July 15- Wall Street was set to open little changed on Wednesday after Federal Reserve Chair Janet Yellen said the central bank remained on track to raise interest rates this year, with turmoil abroad unlikely to throw the U.S. economy off track. "The fact that the Fed feels comfortable raising rates even with...

  • July 15- Bank of America Corp, the No. 2 U.S. bank by assets, reported its biggest quarterly profit in nearly four years on Wednesday as mortgage banking revenue soared and expenses fell to their lowest since the financial crisis. Net income attributable to the bank's shareholders more than doubled to $4.99 billion, or 45 cents per share, in the second quarter ended...

  • Early movers: BLK, BAC, PRNA, DAL, LNKD & more Wednesday, 15 Jul 2015 | 7:52 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • July 15- U.S. stock index futures were little changed on Wednesday as investors await Federal Reserve Chair Janet Yellen's comments on raising interest rates and the outcome of a Greek parliament vote on the terms of a third bailout. *Bank of America's quarterly profit more than doubled as legal costs dropped sharply, driving expenses down to their lowest since...

  • July 15- Bank of America Corp, the second-largest U.S. bank by assets, reported its biggest quarterly profit in nearly four years on Wednesday as its legal costs dropped sharply, driving expenses down to their lowest since 2008.. Net income attributable to shareholders more than doubled to $4.99 billion, or 45 cents per share, in the second quarter from $2.04...

  • July 15- Bank of America Corp, the second-largest U.S. bank by assets, said its quarterly profit more than doubled from the same period last year, when earnings were hit by big legal bills. Net income attributable to shareholders rose to $4.99 billion, or 45 cents per share, in the three months ended June 30, from $2.04 billion, or 19 cents per share, a year earlier.