GO
Loading...

Bank of America Corp

More

  • Talbot's Credit Crisis Thursday, 12 Jun 2008 | 3:45 PM ET
    Shopper at Talbots

    With the tear that Talbot’s stock price has been on, I think that it is safe to say that investors like what they heard from CEO Trudy Sullivan yesterday. Still that $50 million credit facility that it secured from Japanese retailer Aeon (also TLB’s largest shareholder) is a relatively small step in what will be a big turnaround project.

  • "Despair" Over Financials And Lehman's Now Ex-Execs Thursday, 12 Jun 2008 | 9:12 AM ET

    KeyCorp, which has been hitting new lows recently, cut its dividend in half and plans to raise $1.5 b in capital. The excuse here is an adverse court ruling on tax treatment, but no one is surprised, nor does anyone think they will be the last to cut dividends.

  • Dow at 3-Month Low as Oil Fuels Inflation Jitters Wednesday, 11 Jun 2008 | 5:07 PM ET

    Stocks tumbled Wednesday as oil's resurgence lit the fuse of inflation fears, pushing the Dow to a three-month low.  Oil jumped about $5 a barrel, settling at $136.38. Financials were the hardest hit.

  • Stocks Slide as Oil's Surge Escalates Inflation Jitters Wednesday, 11 Jun 2008 | 2:52 PM ET

    Stocks fell sharply as oil's resurgence fanned inflation fears and a downgrade on Alcoa dragged on the Dow. Oil jumped about $6.

  • Oil, Alcoa Downgrade Clamp Down on Stocks Wednesday, 11 Jun 2008 | 11:41 AM ET

    Stocks opened lower as oil's resurgence fanned inflation fears and a downgrade on Alcoa dragged on the Dow. Oil jumped nearly $3, topping $134 a barrel.

  • Futures Rise with Oil Inventories in Focus Wednesday, 11 Jun 2008 | 8:14 AM ET

    Wall Street looked set to open slightly higher on Wednesday, but the energy market could again hijack the stock market with U.S. inventory data arriving later in the morning.

  • Some Countrywide Execs to Move to Bank of America Wednesday, 11 Jun 2008 | 5:20 AM ET

    Bank of America has chosen several senior Countrywide Financial executives to help run its mortgage business after the acquisition of Countrywide is completed, the Wall Street Journal reported on Tuesday.

  • Stocks Bid For Recovery, But Apple Drags on Tech Monday, 9 Jun 2008 | 11:56 AM ET

    Stocks were mixed as Wall Street sought to regain its footing following Friday's dramatic oil-inspired selloff.

  • Stocks Shoot Higher as Oil Takes Tumble Monday, 9 Jun 2008 | 9:32 AM ET

    Stocks opened higher as Wall Street sought to regain its footing following Friday's dramatic oil-inspired selloff.

  • The Week:  Tepid Numbers and Oil's Comeback Saturday, 7 Jun 2008 | 10:58 AM ET

    For the first time in a long time, it looked as if oil was going to stay out of the market headlines.  No such luck. 

  • Dow Plunges 400 Points as Oil Fans Fears Friday, 6 Jun 2008 | 5:16 PM ET

    The Dow plunged more than 400 points as the sharpest jump in the unemployment rate in more than 20 years and rocketing oil prices sparked concerns about stagflation. Oil jumped more than $11 a barrel to close at a record $138.54.

  • Stocks Finish Mixed; Bond Insurers Plunge Wednesday, 4 Jun 2008 | 5:17 PM ET

    Stocks finished mixed as investors juggled some encouraging economic news and concerns about the financial sector. Lehman Brothers rebounded, while bond insurers plunged. Oil dropped below $123 a barrel.

  • Economic Stats Buoy Stocks; Lehman Rises Wednesday, 4 Jun 2008 | 1:39 PM ET

    Stocks ticked higher amid some encouraging economic data. Lehman Brothers rebounded after a recent slide but financials remained under some pressure ahead of a slew of earnings out of the sector next week.   Oil dropped below $123 a barrel.

  • Stocks Hold Gains After Crude Report Wednesday, 4 Jun 2008 | 11:50 AM ET

    Stocks opened lower but quickly bounced as investors juggled worries about financials against some upbeat economic news. American Express led Dow gainers. Lehman rebounded, while Bank of America fell.  Oil dropped below $123 a barrel.

  • Bank Stocks You Can Bank On Wednesday, 4 Jun 2008 | 11:14 AM ET

    Bernie McGinn says it's time for the investor to make a deposit in some selected bank stocks -- because the founder of McGinn Investment Management thinks the subprime crisis has run its course.

  • Merrill Sees Countrywide Losses Up to $12 Billion Wednesday, 4 Jun 2008 | 6:43 AM ET

    Countrywide Financial's cumulative losses are likely to rise to between $10 billion and $12 billion, causing mark-to-market writedowns for parent Bank of America, a Merrill Lynch said.

  • Cash-strapped Americans are ringing up more purchases on their credit and debit cards, but there could be a steep price to pay ahead.

  • Financial Sector Slammed By Fresh Credit Worries Monday, 2 Jun 2008 | 4:06 PM ET
    Credit Crunch

    Downgrades of three U.S. investment banks, an ouster of Wachovia's CEO and a bleak U.K. housing outlook reignited fears about the global credit crunch.

  • "Whack-ovia" Helps Drives Fear Of Financials Monday, 2 Jun 2008 | 3:05 PM ET

    The latest shoe to drop came this afternoon when Standard & Poor said it was lowering the ratings of Merrill Lynch, Lehman and Morgan Stanley. Traders, though, say the move was not really a surprise and is trailing the market's view.

  • .Countrywide will be swallowed up by Bank of America sometime this summer, barring any last minute surprises. How will BofA celebrate? If this YouTube video is any indication, it will involve twisting a U2 hit into something Michael Scott would sing to motivate his staff on "The Office."

Most Popular Video

Thursday, 17 Apr 2014 | 12:00 PM ET

CNBC's Josh Lipton and Allison+Partners Head of Digital Jeremy Rosenberg discuss what Microsoft needs to do to boost Xbox One sales as PS4 sales break the 7 million mark.

Thursday, 17 Apr 2014 | 4:13 PM ET

Dissecting today's market activity and the current state of financials, with Yra Harris, Praxis Trading partner; Larry Glazer, Mayflower Advisors; CNBC contributor Carol Roth; "Fast Money" Guy Adami and CNBC's Kate Kelly.

Thursday, 17 Apr 2014 | 5:46 PM ET

CNBC voice over talent Jim Birdsall shares the top 5 sayings from traders on "Fast Money" over the years.