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Bank of America Corp

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  • Oct 15- Bank of America Corp, the No. 2 U.S. bank by assets, reported a small quarterly loss applicable to common shareholders on Wednesday, largely due its record $16.65 billion mortgage settlement with the U.S. government in August. The bank posted a net loss attributable to shareholders of $70 million, or 1 cent per share, for the three months ended Sept. 30, compared...

  • *Bank of America gains in premarket after results. *Shire shares tumble as AbbVie reconsiders bid. Bank of America shares were up 1.1 percent to $16.70 in premarket after posting its third-quarter results.

  • Bank of America earnings slump on legal settlement Wednesday, 15 Oct 2014 | 7:15 AM ET

    NEW YORK— Bank of America, the second-largest U.S. bank by assets, said Wednesday that its earnings slumped in the third quarter after it agreed to a settlement with the government over its sale of mortgage-backed securities. Bank of America took a $5.3 billion charge in the third quarter to help cover the settlement with the Justice Department.

  • Oct 15- Bank of America Corp, the second-largest U.S. bank, reported a quarterly loss applicable to common shareholders, largely due to a huge mortgage settlement with the U.S. government. The Charlotte, North Carolina- based bank posted a net loss attributable to shareholders of $70 million, or 1 cent per share for the three months ended Sept. 30, compared with a...

  • Bank of America posts smaller-than-expected loss Wednesday, 15 Oct 2014 | 7:01 AM ET
    The reflection of pedestrians is seen in the window of a Bank of America branch in New York.

    BofA was helped by better-than-expected credit, expenses, and trading revenues, a banking analyst told CNBC.

  • Ahead of the Bell: US Retail Sales Wednesday, 15 Oct 2014 | 6:48 AM ET

    WASHINGTON— The Commerce Department releases retail sales data for September. The report will released Wednesday at 8:30 a.m. Eastern. SALES DECLINE: Economists forecast that retail sales slid 0.1 percent last month, according to a survey by the data firm FactSet.

  • Why the stock market sell-off may be nearing an end Wednesday, 15 Oct 2014 | 6:36 AM ET
    Trader on the floor of the New York Stock Exchange.

    Earnings season could break the stock market's bear run, despite the oil slick that continues to trip up stocks.

  • These companies are the greenest in the world Wednesday, 15 Oct 2014 | 6:13 AM ET

    Multinational giants BMW, Samsung and Unilever are among companies recognized for their green credentials, according to a new index.

  • Asian stocks sag as US growth jitters mount Wednesday, 15 Oct 2014 | 12:04 AM ET

    NEW YORK— Fear drove Wall Street to one of its most dramatic, dizzying days in years on Wednesday. "I think it's fair to call it a global growth scare right now," said Bill Stone, chief investment strategist at PNC Asset Management. Germany, Europe's biggest economy, is struggling.

  • Why the stock market selloff may be nearing an end Tuesday, 14 Oct 2014 | 8:13 PM ET
    Trader on the floor of the New York Stock Exchange.

    Earnings season could break the stock market's bear run, despite the oil slick that continues to trip up stocks.

  • Your first trade for Wednesday Tuesday, 14 Oct 2014 | 6:36 PM ET

    The "Fast Money" traders share their final trades of the day.

  • Final Glance: Banks companies Tuesday, 14 Oct 2014 | 6:03 PM ET

    Bank of America Corp. rose$. 12 or. 7 percent, to $16.52. Citigroup Inc. rose $1.57 or 3.1 percent, to $51.47. Goldman Sachs fell$. 07 or percent, to $178.70.

  • S&P 500, Nasdaq Composite halt three-day drubbing Tuesday, 14 Oct 2014 | 4:00 PM ET
    Trader on the floor of the New York Stock Exchange.

    Stocks rose on Tuesday as investors considered earnings from three banking powerhouses.

  • Ailing global economy could lead Fed to delay hike Tuesday, 14 Oct 2014 | 2:24 PM ET

    "I'm beginning to think that the Fed might delay," said Bob Baur, chief economist at Principal Global Advisors, an asset management firm. "If we don't see a better situation in Europe and better things out of Japan and stability in China, they might hang on just a little bit longer." Yet so far, the prospect of continued lower rates— which make loans cheaper and can fuel...

  • Most active New York Stock Exchange-traded stocks Tuesday, 14 Oct 2014 | 1:42 PM ET

    NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. Advanced Micro Devices Inc. fell 4.4 percent to $2.62 with 39,232,900 shares traded. Alcoa Inc. fell 1.4 percent to $14.29 with 35,871,800 shares traded.

  • Midday Glance: Banks companies Tuesday, 14 Oct 2014 | 1:42 PM ET

    Bank of America Corp. rose$. 14 or. 8 percent, to $16.54. Citigroup Inc. rose $1.43 or 2.9 percent, to $51.33. Goldman Sachs rose $1.62 or. 9 percent, to $180.39.

  • *Market recovers after Citi results, U.S. stocks rally. LONDON, Oct 14- Europe's benchmark share index recovered late on Tuesday after hitting an eight-month low earlier in the day on global growth concerns, with Citigroup results and a rally in U.S. stocks cheering some investors. Citigroup reported a better-than-expected 13 percent rise in adjusted...

  • *Market recovers after Citi results, U.S. stocks rally. LONDON, Oct 14- Europe's benchmark share index recovered late on Tuesday after hitting an eight-month low earlier in the day on global growth concerns, with Citigroup results and a rally in U.S. stocks cheering some investors. Citigroup reported a better-than-expected 13 percent rise in adjusted...

  • *JPMorgan falls, Citigroup climbs after results. Citigroup, up 3.2 percent to $51.48, was among the top boosts to the benchmark S&P index after the bank posted better-than-expected quarterly results and said it would pull out of consumer banking in 11 markets. But JPMorgan Chase shares lost 1.1 percent to $57.54, after the biggest U.S. bank posted third-quarter...

  • Early Glance: Banks companies Tuesday, 14 Oct 2014 | 10:27 AM ET

    Bank of America Corp. rose$. 06 or. 4 percent, to $16.46. Citigroup Inc. rose $1.38 or 2.8 percent, to $51.28. Goldman Sachs rose $1.15 or. 6 percent, to $179.92.