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Bank of America Corp

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  • ISM Services Report Boosts Stocks Wednesday, 5 Mar 2008 | 11:43 AM ET

    Stocks shot higher Wednesday after a better-than-expected reading on the services sector.

  • Stocks Finish Mixed After Volatile Session Monday, 3 Mar 2008 | 5:22 PM ET

    Stocks recovered from earlier losses to finish flat Monday in a volatile session riddled with weak economic data, big auto-sales declines and concerns about more fallout from the housing slump.

  • Countrywide Sees Potential for More Credit Losses Monday, 3 Mar 2008 | 8:25 AM ET

    Countrywide Financial, the largest U.S. mortgage lender, said it may see more credit losses as downward trends in the economy and in the real estate market conspire to boost delinquency rates.

  • Troubled Homeowners Still Find Help Hard to Get Wednesday, 27 Feb 2008 | 11:36 AM ET

    As the housing crisis deepens, major lenders say they will help borrowers avoid foreclosure, but nonprofit groups and others say their actions are not living up to their promises.

  • I was supposed to be on a plane right now to Denver, and then drive to Avon, Colorado, to "stake out" the Countrywide junket for lenders at the Ritz Carlton (see post from colleague Diana Olick). But after the Wall Street Journal reported the detes on the luxurious ski trip for 30 smaller lenders--Countrywide decided to nix the annual funfest.

  • There’s something called remorse. Maybe you’ve heard of it. Clearly Countrywide Financial spacer is not in touch with that emotion right now. While many Americans are struggling to pay mortgages they never should have been offered or are staring down the face of foreclosure...

  • On Road to Recovery, Stocks Wait for Real Estate Wednesday, 20 Feb 2008 | 1:39 PM ET
    For Sale Signs

    Many on Wall Street believe the stock market will not stabilize until it can do so on the shoulders of a real estate recovery.

  • Stock Gains Evaporate After Oil Hits $100 Tuesday, 19 Feb 2008 | 4:55 PM ET

    Stock gains evaporated Tuesday after oil prices hit $100 a barrel.

  • Stocks Bounce After Housing Report Tuesday, 19 Feb 2008 | 2:00 PM ET

    U.S. stocks opened higher Tuesday, led by energy as supply disruptions boosted oil prices.

  • Is Calif. Real Estate Looking Golden Again? Tuesday, 19 Feb 2008 | 12:27 PM ET

    A friend of mine, John Piscitelli, is an appraiser. It’s been a very rough year. But suddenly, he has more work than he knows what to do with. He tells me, “...The weird thing is that all of a sudden on Wednesday and Thursday the appraisal management company for Bank of America sent me 11 orders." These calls are for homes all over the greater Los Angeles area.

  • Energy Stocks Lead Dow Higher Tuesday, 19 Feb 2008 | 11:13 AM ET

    U.S. stocks opened higher Tuesday, led by energy as supply disruptions boosted oil prices.

  • No Lull in Mortgage Advertising Monday, 18 Feb 2008 | 7:07 AM ET

    The mortgage market may be in a historic upheaval, but mortgage companies continue to pump out upbeat advertisements.

  • Credit Default Swaps Are Next to Take the Crunch Test Sunday, 17 Feb 2008 | 12:38 PM ET

    Credit default swaps form a large but obscure market that will be put to its first big test as a looming economic downturn strains companies’ finances.

  • Pace of Refinancing Picks Up Countrywide Friday, 15 Feb 2008 | 12:35 PM ET

    Countrywide Financial, the largest U.S. mortgage lender, said Friday foreclosures and late payments rose in January to new records, reflecting the nation's deepening housing and credit crunch.

  • Some BofA Employees Riled Over Compensation Thursday, 14 Feb 2008 | 11:39 AM ET

    Bank of America is facing a revolt among current and recently fired employees over compensation.

  • Lightning Round: Bank of America, Cisco, AIG and More Wednesday, 13 Feb 2008 | 7:00 PM ET

    Cramer makes the call on viewers' favorite stocks.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.

  • Hedge Fund Ups Countrywide Stake, Attacks Merger Wednesday, 13 Feb 2008 | 6:22 PM ET

    A large Countrywide Financial shareholder opposed to the company's takeover by Bank of America said on Wednesday it has increased its stake in the largest U.S. mortgage lender to 5.48 percent from 5.19 percent.

  • Stocks Close Mixed as Buffett Rally Fades Tuesday, 12 Feb 2008 | 4:54 PM ET

    Stocks closed mixed  Tuesday after an earlier rally inspired by Warren Buffett swooping into the situation with bond insurers and banks teaming up to stop foreclosures.

  • Warren Buffet

    This morning on CNBC's Squawk Box, Warren Buffett publicly revealed for the first time that he has offered to reinsure $800 billion in municipal bonds now covered by the troubled insurers MBIA, Ambac and FGIC.   Here is a video and transcript of the second part of this morning's live phone conversation, which also includes Buffett's comment that stocks are in the "general range of fair value" right now.

  • Most Dow Stocks Up After Buffett 'Band-Aid' Tuesday, 12 Feb 2008 | 2:46 PM ET

    Most of the 30 stocks in the Dow were higher Tuesday after billionaire investor Warren Buffett offered a reinsurance plan to troubled bond insurers and top mortgage lenders unveiled a plan aimed at freezing foreclosures.