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Bank of America Corp

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  • Countrywide "Rant-Fest" Expected To Continue In L.A. Monday, 28 Apr 2008 | 9:23 AM ET

    I’m covering the Federal Reserve Board hearing today in Los Angeles. The Fed needs to determine whether the Bank of America spacer purchase of Countrywide spacer would hurt the public interest under the Bank Holding Company Act.

  • The Lightning Round is extended in this new CNBC.com exclusive feature.

  • Stocks Close Lower as Oil Tops $119 Tuesday, 22 Apr 2008 | 5:21 PM ET

    Stocks opened lower Tuesday after disappointing guidance from Texas Instruments.

  • Oil Surge, Earnings Drag Down Stocks Tuesday, 22 Apr 2008 | 2:32 PM ET

    Stocks opened lower Tuesday after disappointing guidance from Texas Instruments.

  • Soaring Oil a Drag on Markets Tuesday, 22 Apr 2008 | 12:21 PM ET

    Stocks dropped mid-morning as oil is spiking just shy of $120. At this point, oil is a major drag on the markets. Speaking of stocks: we are about one-third through with first-quarter earnings, and it is not shaping up to be a great start.

  • Stocks Slide Amid Earnings Disappointment Tuesday, 22 Apr 2008 | 11:49 AM ET

    Stocks opened lower Tuesday after disappointing guidance from Texas Instruments.

  • Bank of America to Ditch Some Risky Mortgages Tuesday, 22 Apr 2008 | 11:11 AM ET

    Bank of America said Tuesday it plans to stop offering some riskier mortgage loans after it finishes buying Countrywide Financial, the largest U.S. mortgage lender.

  • Asia Under Pressure after Weak US Bank Earnings Tuesday, 22 Apr 2008 | 5:00 AM ET

    Asian markets came under pressure on Tuesday after U.S. stocks pulled in a mixed performance.  Investors sold financials following weak earnings from Bank of America.

  • Clank of America Monday, 21 Apr 2008 | 6:17 PM ET

    The Dow pulled back Monday after a weaker-than-expected profit report from Bank of America stirred concerns about the health of corporate earnings. What's the "Word on The Street?"

  • Texas Instruments Numbers Coulda Been Worse Monday, 21 Apr 2008 | 4:52 PM ET

    Texas Instruments just reported earnings in line. Guidance for the second quarter is weak, 42-48 cents per share, estimate is 48 cents. Down about 2 percent after the close. For today's trading, it could have been worse -- particularly in financials.

  • Stocks Close Mixed as Tech, Energy Gain Monday, 21 Apr 2008 | 12:39 PM ET

    Stocks close mixed as quarterly results from Bank of America and National City fueled worries about bank earnings, while energy and tech gained.

  • April: The Cruelest Month Yet For S&P Or A Turnaround? Monday, 21 Apr 2008 | 12:12 PM ET

    Will April break the losing streak? The S&P is up 5 percent so far in April; but look what it's done the prior five months:

  • Dollar Slips Broadly as BoA Results Cool Optimism Monday, 21 Apr 2008 | 12:08 PM ET

    The dollar fell broadly on Monday after weaker-than-expected Bank of America profits damped investors' initial optimism that companies may escape the pinch of the crisis in global credit markets.

  • Market Retreats on Uncertainty From Banks Monday, 21 Apr 2008 | 10:27 AM ET

    Stocks started the week lower, hurt by more uncertainty in the banking industry and earnings report that left investors wary after coming off a strong rally last week.

  • Bank Of America Continues Monday Woes Monday, 21 Apr 2008 | 9:37 AM ET

    Monday has not been a great day for bank earnings. Last Monday it was Wachovia that disappointed, today futures dropped at 7 am ET as Bank of America came short of expectations.

  • Bank of America's Profit Slammed by Credit Losses Monday, 21 Apr 2008 | 7:28 AM ET
    Bank of America branch, New York City.

    Bank of America,  the largest U.S. retail bank, said quarterly profit fell a larger-than-expected 77 percent, dragged down by more than $5 billion of write-downs.

  • Futures Dip, Hurt by National City Cash Plan Monday, 21 Apr 2008 | 7:02 AM ET

    Stock index futures pointed to a lower start for the week as the first wave in a big week of earnings reports left investors wary.

  • BofA Eyes Sale, Purchase of CCB Shares: FT Sunday, 20 Apr 2008 | 11:29 PM ET

    Bank of America plans to shed part of its 9 percent stake in China Construction Bank in order to raise capital while at the same time looking to exercise options to buy more shares at below-market levels, the Financial Times reported on Monday.

  • This Week Will Be Crucial for Wall Street Sunday, 20 Apr 2008 | 7:09 AM ET

    Investors will have seen enough corporate results by the end of the week to determine if the recent string of encouraging earnings was a real sign stocks can weather the credit crisis.

  • Dollar's Rebound Tied to Hopes for US Economy Friday, 18 Apr 2008 | 3:55 PM ET
    Exchanging Dollars and Euros

    Signs of renewed confidence in the U.S. financial system could support the dollar next week, provided March's housing reports do not revive chances of a steep interest rate cut.