GO
Loading...

Bank of America Corp

More

  • “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.

  • The stock market finished the week with the Dow Jones Industrial average and the S&P 500 closing at lifetime highs for a second consecutive day.  The Nasdaq Composite shook off earlier weakness to close in the plus column.

  • It's Time for the Lightning Round! Thursday, 12 Jul 2007 | 10:33 AM ET

    Moody's, AT&T, Whirlpool 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.

  • NYSE Euronext Probes Trading Around ABN Amro Tuesday, 10 Jul 2007 | 12:43 PM ET

    NYSE Euronext has joined Dutch and British financial authorities in examining trading patterns in ABN Amro's shares and American depository receipts in the period before the multibillion euro (dollar) bidding war over ABN became public, the bank said Tuesday.

  • Dutch Supreme Court to Rule on ABN's LaSalle Tuesday, 10 Jul 2007 | 4:35 AM ET

    The Dutch Supreme Court will issue its ruling on ABN Amro''s suspended sale of U.S. subsidiary LaSalle on Friday, July 13, at 10 am Amsterdam time, the court said on Tuesday.

  • European stocks are expected to have positive momentum next week as large-cap companies continue to perform on the back of strong global revenue streams.

  • Barclays, which is competing with Royal Bank of Scotland to buy ABN Amro Holding in the largest takeover fight in the financial industry's history, said Monday it received approval from Dutch regulators to delay its proposed takeover.

  • Stocks End Lower But Dow Logs 8.5% Quarterly Gain Friday, 29 Jun 2007 | 5:17 PM ET

    Stocks closed a wild trading session modestly lower, but the Dow still managed to end the quarter with a three-month gain of 8.5%. "It was a little all over the place today, but I was happy to see the rally at the end of the day," said Joe Ranieri, managing director of Nasdaq trading at Canaccord Adams.

  • Stocks finished lower in a choppy session that was overshadowed by concerns about the housing slowdown and a meltdown in the subprime mortgage industry. "The financials tend to lead the market down and that's what they were doing today," said Robert Albertson, chief strategist at Sandler O'Neill.  "I think it goes well beyond subprime. "