Bank of America Corp


  • Stocks: Familiar Problems, Familiar Struggles Thursday, 18 Oct 2007 | 9:46 AM ET

    Stocks are struggling with familiar problems this morning: 1) The Yen has rallied against the dollar and other currencies, again reviving concerns about the yen carry trade unwinding; European equities are lower.

  • Market Insider: Techs Catch the Big Fish Wednesday, 17 Oct 2007 | 8:29 PM ET

    Technology has been a big lure in an otherwise fishy stock market this week.

  • Abbott Profit Flat as Charges Take Toll Wednesday, 17 Oct 2007 | 1:35 PM ET

    Abbott Laboratories on Wednesday said third-quarter earnings were little changed due to special charges, but the company reported sharply higher sales of its prescription drugs and medical devices.

  • Citigroup Denies Rumors That CEO Will Resign Wednesday, 17 Oct 2007 | 12:13 PM ET
    Chuck Prince

    Citigroup denied speculation in the markets that embattled CEO Charles Prince had been asked to step down, a rumor that briefly sent Citi shares higher.

  • China CCB Not Keen on Bear Stearns, Thwarted by US Wednesday, 17 Oct 2007 | 3:53 AM ET

    China Construction Bank said it has been frustrated by the United States in its attempts to expand there and is not interested in buying into investment bank Bear Stearns.

  • Regional Bank Woes Signal A Long Recovery Tuesday, 16 Oct 2007 | 2:19 PM ET

    Regional banks hit new lows today, as traders gave up on any short-term recovery and the hope that the worst is behind us. Big names like KeyCorp, Zions Bancorp, National City, SunTrust, and M&T hit new lows today.

  • Pimco's Gross: Rate Cut Coming, But Not in October Tuesday, 16 Oct 2007 | 1:26 PM ET

    The Federal Reserve will cut interest rates again but probably not at the October policy-making meeting, said Bill Gross, manager of the world's biggest bond fund on Tuesday.

  • US Banks' Fund Signals Corporate-Credit Risk Tuesday, 16 Oct 2007 | 8:29 AM ET

    A recently announced fund aimed at easing the global-liquidity crunch may signal problems in corporate financing down the road, Ralph Silva, senior research analyst at TowerGroup, told "Squawk Box Europe."

  • Super Fund, Oil Causing Street "Indigestion" Monday, 15 Oct 2007 | 5:08 PM ET

    A plan by major banks to lump some of their more toxic assets into a debt super fund is giving Wall Street a case of indigestion. Couple that with the sting of record oil prices, and a so-so day turned into a sea of chop.

  • Dow Ends Below 14,000 as Financial Stocks Slump Monday, 15 Oct 2007 | 4:00 PM ET

    Stocks closed lower after financial giant Citigroup halted its stock buyback plan and said it and two other big U.S. banks will create a multibillion-dollar fund in order to support the struggling commercial debt market.

  • Citigroup Profit Falls 57%, Hurt by Subprime Losses Monday, 15 Oct 2007 | 1:51 PM ET

    Citigroup said third-quarter profit fell 57 percent, hurt by losses and writedowns for subprime and leveraged loans, fixed-income trading and weakness in its consumer business.

  • Rise in Client Assets Boosts Schwab Profit Monday, 15 Oct 2007 | 9:00 AM ET

    U.S. discount brokerage Charles Schwab Corp  reported a higher quarterly profit Monday as client assets grew to a record high.

  • Week Ahead: Earnings Tell Two Tales Friday, 12 Oct 2007 | 9:23 PM ET

    By the end of the coming week, the corporate earnings picture will be clear and it may not necessarily be one the stock market likes.

  • Sallie Mae Suit Seeks $900 Million Breakup Fee Tuesday, 9 Oct 2007 | 4:13 AM ET

    Sallie Mae's potential buyers gave the nation's largest student lender until Tuesday to consider their reduced buyout offer in light of what they said was "the new economic and legislative environment that faces the company."

  • Stocks Close Mixed as Investors Await Earnings Monday, 8 Oct 2007 | 4:00 PM ET

    Stocks closed mixed on Monday as strength in tech stocks was overshadowed by investor concerns ahead of earnings season.

  • Two Banks Face $3 Billion In Mortgage Losses Monday, 8 Oct 2007 | 9:48 AM ET
    A Bank of America branch.

    JPMorgan Chase and Bank of America are expected to disclose losses of about $3 billion in mortgage securities and leveraged loans when they report earnings this month, the Financial Times reported, citing an analyst.

  • Stop Trading!: Nokia Vs. Apple Thursday, 4 Oct 2007 | 3:52 PM ET

    With its acquisition of NAVTEQ, Cramer thinks Nokia has the chance to overthrow the iPhone. 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.

  • Citigroup's LBO Dance Card Proves too Full Wednesday, 3 Oct 2007 | 8:04 AM ET

    Citigroup has admitted to pulling up lame doing the leveraged buyout dance. Now it must prove the injury was more superficial than disabling.

  • Bank Shares Fall Before the Bell after Citi Warns Monday, 1 Oct 2007 | 9:06 AM ET

    Shares of Citigroup, the largest U.S. bank, fell 2.4% before the bell Monday, after it said it expects to report a decline of about 60% in third-quarter net income, which its chief executive called "a clear disappointment."

  • Sallie Mae Shares Rebound as Deal Hopes Revive Thursday, 27 Sep 2007 | 12:48 PM ET
    Sallie Mae

    Shares of Sallie Mae recovered some ground on Thursday, as traders bet that the endangered $25 billion deal to take over the student lender could be renegotiated at a lower price.