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Bank of America Corp

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  • "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."

  • Three Big Wall Street Banks Are Downgraded by S&P Monday, 2 Jun 2008 | 1:07 PM ET
    Credit Crunch

    Standard & Poor's cut the ratings of Lehman Brothers, Merrill Lynch and Morgan Stanley and said the outlook for large US financial institutions is now mostly negative.

  • Game Plan: Will Banks (Finally) Bottom Next Week? Friday, 30 May 2008 | 5:45 PM ET

    If so, it could spark a marketwide rally, Cramer says.

  • Stocks Higher for Week But Mixed for Month Friday, 30 May 2008 | 2:28 PM ET

    Stocks closed higher, led by technology shares, ending the a holiday-shortened week in the positive.

  • Dell Boosts Tech, But Oil Weighs on Dow Friday, 30 May 2008 | 11:35 AM ET

    Stocks moved higher on positive earnings in technology and a report that inflation appeared to be moderating.

  • Loving Your Loan Officer Is Back In Vogue? Thursday, 29 May 2008 | 4:25 PM ET

    Hating your loan officer is so last year. J.D. Power sees a rise in customer satisfaction in applying for home equity loans or lines of credit. Customer happiness about the experience is up nearly 2 percent since 2007--to 780 on a scale of 1,000 points. That would be a C+/B- if I was handing out a grade.

  • 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...