GO
Loading...

Bank of America Corp

More

  • Bank of America's decision to throw Countrywide Financial a $2 billion lifeline is far more than BofA telling Countrywide 'here's some money, pay us back when you can'. Countrywide is paying dearly for the injection.

  • CNBC's Domm: Today's Agenda in the Markets Thursday, 23 Aug 2007 | 8:46 AM ET

    Stoked by positive developments on the credit and mortgage front, stocks are building on yesterday's gains and look ready to spring higher on the open.

  • Bank of America Invests $2 Billion in Countrywide Thursday, 23 Aug 2007 | 6:12 AM ET
    A Bank of America branch.

    Bank of America, said on Wednesday it would invest $2 billion in Countrywide Financial, helping shore up the finances at the largest U.S. mortgage lender, which has struggled with a liquidity crunch this month.

  • Stop Trading! Wednesday, 22 Aug 2007 | 3:49 PM ET

    As more and more mortgage lenders close down, big banks should clean up.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.

  • Warren Buffet

    Warren Buffett's Berkshire Hathaway has just revealed its portfolio holdings for the second quarter.  New additions:  Bank of America and Dow Jones, plus increased stakes in some healthcare names.

  • CNBC's Becky Quick spoke by telephone with Warren Buffett this morning.  Mr. Buffett tells Becky that all the speculation (specifically today's Wall Street Journal piece) about what he might be buying in these times of turmoil is just that, speculation.  PLUS: A video clip of the Motley Fool's Bill Mann on all that speculation and an interview with Buffett-watcher Andrew Kilpatrick.

  • Buffett Tells CNBC: Countrywide Report Just Speculation Tuesday, 21 Aug 2007 | 12:48 PM ET

    Billionaire investor Warren Buffett told CNBC's Becky Quick this morning that speculation he may buy parts of beleaguered mortgage lender Countrywide Financial is just that, speculation.

  • Monday Morning Mortgages Monday, 13 Aug 2007 | 11:14 AM ET

    Don't worry, I'm not quarterbacking the mortgage market, but I am checking the rates, and calling around. I just ran a Bankrate.com search on a 30-year jumbo fixed rate and localized it to Richmond, VA. I came up with rates anywhere from 6.750 with Amerisave to 7.515 with Countrywide to 8.200 with Bank of America.

  • “They’re pulling themselves out of the market to regroup,” is what one of my mortgage broker buddies told me on the phone this morning when I asked how in the heck Wells Fargo could raise rates on a 30-year jumbo fixed rate mortgage from 6 7/8% to 8% overnight. A jumbo is anything over $417,000, and given today’s home prices, that’s going to hit an awful lot of borrowers.

  • Saving the U.S. Economy Tuesday, 31 Jul 2007 | 10:04 AM ET

    Key sectors like the homebuilders could continue to take a serious hit. But Cramer said it doesn’t have to be that way. Here are two things he thinks could save the market.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.

  • The Doom-and-Gloom Scenario Tuesday, 31 Jul 2007 | 10:03 AM ET

    Cramer likes to say there’s always a bull market somewhere, but tonight he played the role of the ultimate bear.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.

  • Are You Diversified? Thursday, 26 Jul 2007 | 10:12 AM ET

    If this market is making you seasick, you are not alone. Up 150, down 250. You're confused. You're apprehensive. You're thinking about bailing out all together. Don't do it. Stay in the game, but more importantly, stay diversified.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.

  • It's Time for the Lightning Round! Thursday, 26 Jul 2007 | 10:11 AM ET

    Amazon and Baidu, Bank of America and Citigroup, Caterpillar and Terex and more...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.

  • Stop Trading! Wednesday, 25 Jul 2007 | 5:08 PM ET

    Want to know the best banks to buy? Cramer has the answer.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.

  • Options Report: XLF, Apple, D.R. Horton Wednesday, 25 Jul 2007 | 2:52 PM ET

    The Financial Select Sector SPDR ETF, also known as the XLF, has been down for five consecutive sessions and could be in for a sixth down day today.  Traders in the options market are making bets the XLF has further to fall.

  • British bank Barclays has raise its offer for ABN Amro Holding to $93.1 billion with help from two Asian partners, an attempt to remain competitive with a rival bid from a group led by Royal Bank of Scotland.

  • Stronger than expected earnings from IBM helped to push the Dow Jones Industrial Average to a record close above 14,000 for the first time - just two days after the Dow broke above that level on an intraday basis.  The S&P 500 also closed at a record high.

  • Bank of America Earnings Rise; Credit Losses Increase Thursday, 19 Jul 2007 | 11:18 AM ET
    A Bank of America branch.

    Bank of America said Thursday its second-quarter earnings rose 5%, as growth in capital markets activity and consumer fees offset an increase in credit losses.

  • ABN to Discuss Rival Bid Proposal with Barclays Wednesday, 18 Jul 2007 | 11:59 AM ET

    ABN Amro said on Wednesday it would hold discussions with Barclays on a new bid proposal unveiled this week by the consortium that is seeking to dislodge Barclays as ABN's preferred merger partner.

  • State Street Quarterly Profit Surges 61% Tuesday, 17 Jul 2007 | 2:20 PM ET
    State Street

    State Street, the world's biggest institutional money manager, Tuesday posted a better-than-expected 61% jump in quarterly profit and said revenue will be stronger than initially expected this year.