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Bank of America Corp

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  • Stocks Close Lower On Selloff in Financials Tuesday, 12 Aug 2008 | 3:04 PM ET

    Stocks closed lower—even though oil fell to $113 a barrel—as a fresh round of warnings about banking troubles squelched the market's week-long rally.

  • More Homeowners Have Problems Paying Mortgage Tuesday, 12 Aug 2008 | 2:13 PM ET

    Borrowers with $25.4 billion of option adjustable-rate mortgages owe almost as much as their homes are worth, and one in eight is at least 90 days late on payments, according to Countrywide Financial, the lender bought by Bank of America  last month

  • Foreclosures in a Football Field Tuesday, 12 Aug 2008 | 1:38 PM ET
    New England Patriots' stadium

    It’s still pre-season for football, but on Tuesday in New England, the Patriots' stadium will be open. It’s not for football and it’s not for fans -- it’s for borrowers in danger of losing their homes and for the mortgage lenders and banks who hold or service their loans.

  • More Bank Losses Show Credit Crisis Far From Over Tuesday, 12 Aug 2008 | 10:05 AM ET
    Credit Crunch

    The financial sector took several more body blows as losses from the credit crisis continued to mount at some of the world's biggest banks.

  • Talent-Hungry Small Firms Cheer Wall Street Job Cuts Tuesday, 12 Aug 2008 | 9:46 AM ET
    New York Stock Exchange (NYSE)

    Smaller financial firms have found a way to capitalize on their larger rivals' woes, moving to snap up some of the top talent cast adrift by sweeping layoffs at leading investment banks.

  • Stocks Suffer After Latest Bank Warnings Tuesday, 12 Aug 2008 | 9:33 AM ET

    Stocks moved lower off the market opening on a fresh round of bad news for financials and an economic sign that the US consumer was continuing to struggle.

  • Wachovia Raises Second-Quarter Loss, to Cut Jobs Tuesday, 12 Aug 2008 | 3:51 AM ET
    A Wachovia branch bank is shown in a Charlotte, N.C. file photo from July 20, 2006. After a rough year, the banking industry appears headed for another in 2007. (AP Photo/Chuck Burton, File)

    Wachovia increased its previously reported second-quarter loss to $9.11 billion to cover costs to settle a probe of auction-rate securities sales, and said it will cut more jobs as the housing market deteriorates.

  • Cramer: Long Live Deflation Monday, 11 Aug 2008 | 11:38 PM ET

    With commodity prices coming down, many parts of the market can start their return ascent.

  • Believe in the Bottom Monday, 11 Aug 2008 | 2:33 PM ET

    Cramer's confident those mid-July lows won't be breached. Here's why.

  • Why It's A Different Market One Month Later Friday, 8 Aug 2008 | 3:18 PM ET

    There are notable shifts occurring in the stock market on the dollar rally/commodity drop this week.

  • Countrywide Anniversary: A Look At "Year From Hell" Friday, 8 Aug 2008 | 11:34 AM ET
    Countrywide

    One year ago, on August 9, 2007, Countrywide filed its 10-Q after the bell. It was the first inkling of the Year From Hell. Which is entering its second year. Problem is, no one seemed to see what was coming.

  • Securities Flap Has Wall Street Returning Billions Thursday, 7 Aug 2008 | 7:39 PM ET

    Citigroup will buy back more than $7 billion in auction-rate securities and pay $100 million in fines as part of settlements with federal and state regulators, who said the bank marketed the investments as safe despite liquidity risks.

  • BofA Hit with Subpoenas over Auction-Rate Securities Thursday, 7 Aug 2008 | 5:54 PM ET
    Bank of America branch, New York City.

    Bank of America, the largest U.S. retail bank, said on Thursday it received subpoenas and requests for information relating to auction-rate securities from federal and state government agencies.

  • Stocks Kick Off August With a Drop Friday, 1 Aug 2008 | 6:12 PM ET

    Stocks started the month off with a decline as a rise in oil and larger than expected loss from  General Motors rekindled worries about the economy.

  • Quick Market Stats: Week of 7/28 Friday, 1 Aug 2008 | 5:22 PM ET

    The markets end the week roughly flat as an increase in oil prices and the highest unemployment rate since March 2004 weighed on stocks, but Financials rallied.

  • What About That Bottom, Cramer? Thursday, 31 Jul 2008 | 7:03 PM ET

    Don’t worry about Thursday’s decline, he says. Here’s why.

  • Stocks End July Mixed as Oil Falls 11% Thursday, 31 Jul 2008 | 5:17 PM ET

    The Dow returned to a triple-digit decline as disappointing earnings from a trio of components dragged on the index, as did a disappointing jobless-claims report. The Nasdaq, however, got a boost from a bid for ImClone.

  • Quick Market Stats: July 2008 Wrap Thursday, 31 Jul 2008 | 5:11 PM ET

    On a down day for the markets and with the exception of the S&P 500, the month of July finished with the major US indices showing modest gains.

  • Stop Trading!: More Proof of a Bottom Thursday, 31 Jul 2008 | 3:58 PM ET

    Outside investment in a major bank has Cramer thinking we're ready for a turnaround.

  • Yes, the Market Has Bottomed Wednesday, 30 Jul 2008 | 7:10 PM ET

    Cramer means it when he says it. Our great national nightmare is over.