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Bank of America Corp

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  • Bank of America swings to a profit in first quarter Wednesday, 15 Apr 2015 | 2:38 PM ET
    Bank of America

    Bank of America posted a profit, swinging from a surprise loss a year earlier when it took a charge of $6 billion for litigation expenses.

  • Most active New York Stock Exchange-traded stocks Wednesday, 15 Apr 2015 | 2:34 PM ET

    NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. Alcoa Inc. fell. 2 percent to $13.34 with 34,214,000 shares traded. Bank of America Corp. fell 1.1 percent to $15.64 with 115,292,100 shares traded.

  • Midday Glance: Banks companies Wednesday, 15 Apr 2015 | 2:34 PM ET

    Bank of America Corp. fell$. 18 or 1.1 percent, to $15.65. Citigroup Inc. rose$. 43 or. 8 percent, to $53.16. Goldman Sachs rose $1.93 or 1.0 percent, to $199.65.

  • 5 biggest banks now own almost half the industry Wednesday, 15 Apr 2015 | 2:33 PM ET
    Bank of America

    Too big to fail banks, instead of getting smaller, are pretty much taking over the financial universe.

  • Wake up! There's a slow meltup going on Wednesday, 15 Apr 2015 | 2:04 PM ET
    Traders work on the floor of the New York Stock Exchange.

    Earnings season has begun, but instead of falling apart because of the negative earnings environment, the S&P has rallied 1.25 percent since Alcoa reported.

  • *Bank of America profit rises as costs fall. *Netflix to report after the bell. Intel jumped 4.5 percent to $32.91 after it said late on Tuesday it expects flat revenue for the entire year, despite some weakness in the first quarter.

  • US STOCKS-Wall St up as earnings worries recede, oil jumps Wednesday, 15 Apr 2015 | 12:02 PM ET

    *Bank of America profit rises as costs fall. *Netflix to report after the bell. Intel, which reported results after the bell on Tuesday, was up 4.3 percent at $32.84 as it forecast flat revenue for the entire year despite some weakness in the first quarter.

  • US STOCKS-Wall St edges higher as earnings worries recede Wednesday, 15 Apr 2015 | 11:00 AM ET

    *Bank of America profit rises as costs fall. *Netflix to report after the bell. Intel, which reported results after the bell on Tuesday, was up 3.8 percent at $32.69.

  • Wall Street eyes more financial earnings, economic data Wednesday, 15 Apr 2015 | 9:20 AM ET
    Pedestrians walk past Bank of America Corp. signage in New York.

    U.S. stock index futures indicated a higher open on Wednesday, amid more first quarter financial earnings and a swathe of economic data.

  • *Bank of America profit rises as costs fall. *Netflix to report after the bell. Bank of America's, shares were down 0.5 percent at $15.74.

  • *Q1 profit 27 cents/ shr vs. year-earlier loss 5 cents/ shr. *Legal expenses fall to $370 mln from $6 bln. April 15- Bank of America Corp, the No. 2 U.S. bank by assets, posted a first-quarter profit, narrowly beating analysts' estimates, as legal costs fell steeply and the bank earned more from mortgage lending and investment and brokerage services.

  • These companies are the real earnings bellwethers Wednesday, 15 Apr 2015 | 8:00 AM ET
    Traders gather at the post that trades IBM on the floor of the New York Stock Exchange, October 20, 2014.

    Investors long looked to Alcoa and Intel as earnings bellwethers, but that view is outdated. These companies are the best read on earnings.

  • *Bank of America's, shares were up 0.9 percent at $15.62 after the No. 2 U.S. bank by assets, reported a first-quarter profit of $2.98 billion, compared with a surprise loss a year earlier. *Delta Air Lines and Charles Schwab will report results later on Wednesday with video streaming company Netflix Inc reporting after the close of markets. *Google Inc's shares were...

  • Early movers: BAC, DAL, PNC, ALU, CMG & more Wednesday, 15 Apr 2015 | 7:44 AM ET
    Traders work on the floor of the New York Stock Exchange in New York.

    Some of the names on the move ahead of the open.

  • UPDATE 1-Bank of America reports profit as expenses fall Wednesday, 15 Apr 2015 | 7:41 AM ET

    April 15- Bank of America Corp, the No. 2 U.S. bank by assets, posted a first-quarter profit, narrowly beating analysts' estimates, as costs fell and the bank earned more from mortgage banking and investment and brokerage services. BofA reported net income of $2.98 billion, or 27 cents per share, attributable to common shareholders compared with a loss of $514 million,...

  • Bank of America returns to profit as legal costs subside Wednesday, 15 Apr 2015 | 7:16 AM ET

    NEW YORK— Bank of America returned to profitability in the first quarter as the bank was able to move beyond its legal troubles last year. The consumer banking giant said Wednesday that it earned $2.98 billion after payments to preferred shareholders, compared with a loss of $514 million a year earlier. BofA's legal costs for the quarter were $370 million, down...

  • Bank of America reports quarterly profit Wednesday, 15 Apr 2015 | 7:13 AM ET

    April 15- Bank of America Corp, the No. 2 U.S. bank by assets, reported a first-quarter profit of $2.98 billion, compared with a surprise loss a year earlier when it took a charge of $6 billion for litigation expenses. BofA reported net income attributable to common shareholders of 27 cents per share for the quarter ended March 31, compared with a loss of 5 cents per...

  • What matters to markets Wednesday Wednesday, 15 Apr 2015 | 7:00 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Early morning earnings reports from major financial companies and a few economic reports could set the tone for Wednesday's markets.

  • Blast of financial earnings, oil and economics Wednesday, 15 Apr 2015 | 6:02 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Early morning earnings reports from major financial companies and a few economic reports could set the tone for Wednesday's markets.

  • NEW YORK— In some versions of an April 14 story about financial markets, The Associated Press erroneously reported that IBM plans to release its first-quarter financial results on Friday, April 17. A jump in JPMorgan Chase after the bank reported strong first-quarter earnings also helped push the blue-chip index higher. Wells Fargo slumped after reporting...