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Bank of America Corp

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  • Oil's Rise, Philly Fed Report Drag on Stocks Thursday, 17 Jul 2008 | 11:59 AM ET

    The financial-driven rally lost steam, leaving stocks mixed, as oil rebounded and the Philadelphia Federal Reserve reported weaker-than-expected manufacturing activity in its region.

  • Financials Lead Rally After JPMorgan Earnings Thursday, 17 Jul 2008 | 10:10 AM ET

    Stocks continued to rally Thursday, fueled by better-than-expected housing data and after three Dow components beat earnings forecasts.

  • Wells Fargo Leads Bank Stock Charge Wednesday, 16 Jul 2008 | 3:59 PM ET

    Wells Fargo led U.S. bank shares to big gains Wednesday after reporting a surprisingly high profit and increasing its dividend.

  • SEC's Cox: 'Naked' Short Ban to Restore Confidence Wednesday, 16 Jul 2008 | 3:55 PM ET

    The SEC issued its emergency ruling against naked short-selling Tuesday to build investor confidence regarding market information, SEC Chairman Christopher Cox told CNBC.

  • Stocks Close With Huge Rally As Oil Plunges Wednesday, 16 Jul 2008 | 2:46 PM ET

    Stocks closed with huge gains as drop in oil prices boosted sectors previously battered by energy costs. Financials also moved sharply higher.

  • Wells Fargo Tops Expectations, Hikes Dividend Wednesday, 16 Jul 2008 | 1:15 PM ET

    Wells Fargo, the fifth-largest U.S. bank, reported better-than-expected quarterly results and raised its dividend despite a 23 percent decline in profit caused by a surge in bad loans.

  • Stocks Jump as Oil Slides, Banks Surge Wednesday, 16 Jul 2008 | 10:51 AM ET

    Stocks pushed higher as oil plunged for the second day in a row and financials staged an across-the-board rally that stemmed investor pessimism about the effects of inflation on the economy.

  • Countrywide Settles Lending Suit in Pennsylvania Wednesday, 16 Jul 2008 | 4:04 AM ET

    Countrywide Home Loans has agreed to pay $325,000 to the Chapter 13 bankruptcy trustee in Pittsburgh, settling a matter that accused the lender of abusive practices in almost 300 mortgage loans overseen by the court.

  • SEC Limits Short Sales of Major Financial Firms Wednesday, 16 Jul 2008 | 3:56 AM ET

    U.S. securities regulators issued an emergency rule Tuesday to limit certain types of short selling in major financial firms, including Fannie Mae and Freddie Mac.

  • Dow Closes Below 11,000 as Banks Slide Tuesday, 15 Jul 2008 | 4:28 PM ET

    Stocks closed lower following a zig-zag day marked by a plunge in oil and a barrage of statements and news from economic policy makers, and a resurgence for the beaten-down financial sector.

  • Stucks Tumble on Bernanke Warning Tuesday, 15 Jul 2008 | 10:32 AM ET

    Stocks fell sharply after Federal Reserve Chairman Ben Bernanke issued a dour forecast ahead for the US economy, saying more hard times are on their way that will pose a major challenge to policy makers.

  • PPI and Retail Sales Disappoint, Weigh on Markets Tuesday, 15 Jul 2008 | 9:37 AM ET

    With the Dow at levels not seen since July 2006, today's weak economic data is weighing further on the markets.

  • How to Survive the Banking Meltdown Monday, 14 Jul 2008 | 7:20 PM ET

    You thought IndyMac was it? Nope. Here's your how-to for getting through.

  • Stocks Skid as Bailout Fails to Sway Investors Monday, 14 Jul 2008 | 5:35 PM ET

    Stocks finished lower, led by financials, as investors worried that the bailout of Fannie Mae and Freddie Mac might not be enough to prevent further turmoil in financial markets.

  • More US Banks Could Fail After Collapse of IndyMac Sunday, 13 Jul 2008 | 11:26 PM ET

    More U.S. banks may fail after the collapse of mortgage lender IndyMac, further straining the financial system.

  • Fannie, Freddie Rattle Market Friday, 11 Jul 2008 | 6:12 PM ET

    Fearing the two largest U.S. mortgage finance companies need a government bailout, investors pushed stocks lower Friday. What's the "Word On The Street?"

  • Stocks Spend Another Weekend on Bear Turf Friday, 11 Jul 2008 | 5:59 PM ET

    Stocks finished sharply lower Friday as the market was rattled by concerns about the future of the nation's top mortgage-finance agencies.

  • Dow Falls Below 11000 as Fears Rattle Market Friday, 11 Jul 2008 | 2:16 PM ET

    Stocks plunged deeper into the red Friday after Paulson said he sees no bailout on the horizon for Fannie Mae and Freddie Mac. Another $5 surge in oil prices fanned the market flames.

  • Stocks Plunge Deeper After Paulson Remarks Friday, 11 Jul 2008 | 11:33 AM ET

    Stocks plunged deeper into the red Friday after Paulson said he sees no bailout on the horizon for Fannie Mae and Freddie Mac. Another $5 surge in oil prices fanned the market flames.

  • Stocks Plunge Amid Fannie, Freddie Fears Friday, 11 Jul 2008 | 10:13 AM ET

    Stocks plunged at the opening bell Friday as fears about the need for a potential government rescue of troubled mortgage gians Fannie Mae and Freddie Mac rippled through the market.