GO
Loading...

Bank of America Corp

More

  • 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.

  • For the week ending Friday, May 9, 2008, the U.S. Markets were negative for the week, with the Dow falling more than 200 points on Wednesday, making it the biggest point drop since 4/11/08. 

  • Stocks Bounce Back; Banks Skid Thursday, 8 May 2008 | 4:43 PM ET

    Stocks bounced back from the prior session's slide, led by techs and materials, as techs staged a rebound and materials benefited from higher metal prices. Better-than-expected retail sales also buoyed the market.  Financials declined after federal regulators proposed increased oversight of investment banks.

  • Acquisition of Lender Is Possibly in Jeopardy Tuesday, 6 May 2008 | 11:41 AM ET
    Kenneth Lewis

    Bank of America's deal to buy troubled mortgage company Countrywide may not be such a sure thing afterall., The New York Times reports.

  • Asian markets were mostly weaker Tuesday after surging oil prices and worries that Bank of America would scrap a deal to buy mortgage firm Countrywide Financial hurt Wall Street.

  • BofA Affirms Plan to Buy Countrywide Financial Monday, 5 May 2008 | 6:12 PM ET
    A Bank of America branch.

    Bank of America said on Monday it remains committed to acquiring Countrywide Financial as planned in a bid to dampen speculation it might abandon the $4.1 billion purchase or change the terms.

  • Oil Drags Down Dow Monday, 5 May 2008 | 5:54 PM ET

    Another record for crude oil dragged down the Dow Monday despite word that the service sector of the economy was no longer contracting in April. Here's the "Word on the Street."

  • Stocks Falter as Oil Rises; Yahoo Plunges Monday, 5 May 2008 | 4:26 PM ET

    Stocks declined as the market pendelum swung back the other way, sending oil prices to a new high and early cyclicals such as financials and retail lower. Yahoo plunged.

  • Countrywide: Could It Just Go Under And Go Away? Monday, 5 May 2008 | 3:50 PM ET

    Analysts this morning began raising some red flags over the Bank of America/Countrywide deal, citing deterioration in the mortgage market that could lead BofA to walk away, or at the very least lower its asking price.

  • GM Drags on Dow; Oil Fuels Commods Trade Monday, 5 May 2008 | 2:15 PM ET

    Stocks declined, with General Motors dragging on the Dow amid news of another strike and Yahoo weighing on technology stocks.

  • As of Friday, 389 (just under 80%) of the S&P 500 companies have reported earnings. Here's a look at which companies have had the biggest surprises so far...

  • Stocks Turn Mixed After Service-Sector Report Monday, 5 May 2008 | 10:57 AM ET

    Stocks opened lower Monday as Yahoo weighed on technology shares after Microsoft withdrew its takeover offer.

  • Does Market Really Reflect Economic Woes? Monday, 5 May 2008 | 9:07 AM ET

    Their was plenty of discussion over the weekend that the market's recent upward momentum did not match the reality of the poor economic situation. They seem to be ignoring the fact that the global economy, while somewhat slower, has not collapsed and the markets are clearly anticipating a better second half of the year (which may or may not be overly optimistic.

  • BofA May Have to Redo Countrywide Deal: Analyst Monday, 5 May 2008 | 8:11 AM ET
    A Bank of America branch.

    Bank of America is likely to renegotiate its deal to buy Countrywide Financial down to the $0 to $2 level or completely walk away from it, said Friedman, Billings, Ramsey, which downgraded Countrywide to "underperform" from "market perform."

  • For the week ending Friday, May 9, 2008, the U.S. Markets were negative for the week, with the Dow falling more than 200 points on Wednesday, making it the biggest point drop since 4/11/08. 

  • New Credit Card Rules Get Fed, Regulator Backing Friday, 2 May 2008 | 5:17 PM ET

    The Federal Reserve on Friday joined other U.S. banking regulators in backing new limits on certain billing practices by credit card companies.

  • Jobs Numbers:  Breakdown by Sector Friday, 2 May 2008 | 9:36 AM ET

    The latest overall job loss numbers are much better than economists expected and still well below the six figure numbers seen in past recessions.  Here is a breakdown of where the job losses were as well as which sectors were adding jobs.

  • Wrigley Deal Could be Turning Point for CEOs Friday, 2 May 2008 | 8:41 AM ET

    As Warren Buffet told CNBC this week, "A good time to buy a really great business is when you can."

  • Dow Closes Above 13000 as Oil Recedes Thursday, 1 May 2008 | 5:24 PM ET

    Stocks continued to rally, pushing the Dow Jones Industrial Average past 13,000.