GO
Loading...

Bank of America Corp

More

  • Stop Trading!: Cramer Reacts to Kass' Citi Call Thursday, 29 May 2008 | 3:49 PM ET

    Is this a once in a generation chance to buy financials?

  • Stocks Close Higher On Financials, Lower Oil Thursday, 29 May 2008 | 3:25 PM ET

    Stocks closed with solid gains, though well  off their highs, amid strength in the financial sector and a big decline in oil prices.

  • Financials Push Stocks Up as Oil Tumbles Thursday, 29 May 2008 | 2:01 PM ET

    Stocks turned higher, pushed upward by credit card companies despite some less-than-stellar economic reports and news that oil supplies took a dramatic and unexpected slide.

  • Emerging Money: Inflation Safety Zone Wednesday, 28 May 2008 | 6:47 PM ET

    Inflation appears to be escalating sharply throughout Russia, India and other emerging markets. Fortunately, Tim Seymour may have found a safety zone.

  • Countrywide's Sambol No Longer On The New Team Wednesday, 28 May 2008 | 5:44 PM ET

    Bank of America is now saying Sambol will not stay on. The bank is opting for Barbara Desoer, someone with "deep roots in the Bank of America culture," according to Dow Jones. The newly combined mortgage business will still be based at Countrywide's Calabasas headquarters, but, like Mozilo, Sambol won't be there.

  • Bank of America to Boost Stake in China's CCB Tuesday, 27 May 2008 | 7:10 PM ET

    Bank of America plans to exercise part of an option to buy shares of China Construction Bank, investing $1.86 billion and raising its stake in China's second-largest bank to 10.75%.

  • Oil Drops, Stocks Pop Tuesday, 27 May 2008 | 6:19 PM ET

    The Dow ended higher Tuesday led by technology companies as a sharp drop in crude oil prices rekindled hopes of increased consumer and business spending on tech gear...

  • Stocks Close Higher as Lower Oil Boosts Tech Tuesday, 27 May 2008 | 4:00 PM ET

    Stocks closed with solid gains, led by technology companies such as Apple, as investors bet that a sharp drop in crude oil prices will help shore up consumer and business spending on tech gear.

  • Stop Trading!: Oil is the New Housing Tuesday, 27 May 2008 | 3:08 PM ET

    Housing will eventually rebound, Cramer says. It's oil that's the real scourge of the economy now. Also, his favorite momentum plays.

  • US Thrifts Set Aside $7.6 Billion for Loan Losses Tuesday, 27 May 2008 | 1:32 PM ET

    U.S. thrifts are being urged to set aside more money for bad mortgage loans after reporting record loan loss provisions totaling $7.6 billion in the first quarter due to the deteriorating American housing market, the Office of Thrift Supervision (OTS) said Tuesday.

  • Oil Prices Snag Stocks' Two-Month Rally Friday, 23 May 2008 | 5:20 PM ET

    Oil's relentless ascent finally pushed stocks over the edge, abruptly snapping the market's two-month rally.  The Dow dropped 3.9% for the week, dragged down by GM's 15% decline. Crude jumped $6 this week, settling at $132.19 a barrel. All U.S. financial markets are closed Monday.

  • Get Your Portfolio In Shape For a Long, Hot Summer Friday, 23 May 2008 | 3:44 PM ET

    Skyrocketing oil prices, the threat of recession and  continued  housing slump are all pointing to a rough summer for the markets. Still, there are opportunities for investors.

  • Market Drops On Fed Minutes Wednesday, 21 May 2008 | 4:32 PM ET

    The Dow has dropped 450 points in the last two days. Most of this is due to the record high price of oil, but at 2 PM ET today the markets dropped further as the Fed came out with its minutes, wherein they...

  • Oil, Inflation Worries Clamp Down on Stocks Tuesday, 20 May 2008 | 4:31 PM ET

    Stocks finished near session lows as oil prices soared and a measure of wholesale inflation surged, sparking worries that the Federal Reserve will start focusing on rising prices rather than slowing growth.

  • Oil, Inflation Worries Clamp Down on Stocks Tuesday, 20 May 2008 | 1:33 PM ET

    Stocks tumbled Tuesday as oil prices blew past $129 a barrel and a measure of wholesale inflation surged, sparking worries that the Federal Reserve will start focusing on rising prices rather than slowing growth.

  • The credit crisis will likely extend well into the next year and beyond, resulting in three years of multi-billion dollar revenue reversals, according to a prominent U.S. banking analyst, Meredith Whitney, who also slashed her earnings outlook for four Wall Street investment banks.

  • Doug Kass

    Short seller Doug Kass tells CNBC's Larry Kudlow he thinks Warren Buffett has lost his way, and Kass is betting on Berkshire Hathaway's stock to fall.  In an appearance tonight (Monday) on Kudlow and Company, Kass, who is President of Seabreeze Partners Management, explains why he's taken a short position in Berkshire.

  • "Stealth Layoffs" Sweep across Wall Street Friday, 16 May 2008 | 5:14 AM ET
    New York Stock Exchange (NYSE)

    While layoffs are nothing new in the financial industry (they come with almost every downturn), this round seems different: it is eerily quiet, the New York Times reports.

  • Techs Lead Stocks Higher; Oil Recedes Thursday, 15 May 2008 | 2:42 PM ET

    Stocks bounced back from a weak open after a better-than-expected report on manufacturing.

  • Bank of America: Customers Feel "Significant" Pressure Tuesday, 13 May 2008 | 11:03 AM ET
    Bank of America branch, New York City.

    Bank of America says it is seeing rising credit costs, as it continues to wade through a challenging economic cycle.