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Bank of America Corp

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  • May 4- Corinthian Colleges Inc, the for-profit college operator hamstrung by federal and state investigations, filed for bankruptcy in Delaware on Monday, about a week after announcing it would shutter its remaining campuses and cease operations. In April, the Department of Education fined Corinthian $30 million for misrepresenting job placement rates to...

  • WASHINGTON, May 4- The U.S. Supreme Court on Monday ruled against a Massachusetts man battling his mortgage lender over a bankruptcy plan in a case in which the Obama administration and even Bank of America Corp had backed the homeowner. On a 9-0 vote, the court said Louis Bullard, who owes community bank Blue Hills Bancorp Inc $387,000 for the mortgage on a property...

  • Brian Moynihan

    Bank of America on Monday announced it will allow shareholders to vote on a change in bylaws that gave Brian Moynihan the duel role of CEO and chairman.

  • Your first trade for Monday Friday, 1 May 2015 | 5:38 PM ET

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

  • OMAHA, Neb., May 1- The sign for the Nebraska Furniture Mart on Dodge Road in Omaha contains a cartoon of Warren Buffett and a big number "50," a number looming large for Berkshire Hathaway Inc shareholders this weekend as they celebrate the investing legend's half a century running the conglomerate. SELECTED COMPANIES OWNED BY BERKSHIRE Benjamin Moore, Berkshire...

  • April 30- Pharmacy service provider Omnicare Inc is getting buyout interest from potential buyers, including Express Scripts Holding Co and CVS Health Corp, Bloomberg reported, citing people with knowledge of the matter. Omnicare is working with Bank of America Corp and Centerview Partners to explore options including a sale, the report said.

  • 7 years on from crisis, $150B in fines and penalties Thursday, 30 Apr 2015 | 2:32 PM ET
    Bank of America

    More than seven years after the global financial collapse, banks have paid more than $150 billion in fines and other penalties.

  • Chinese banks are clobbering the US: Bove Thursday, 30 Apr 2015 | 2:20 PM ET
    Richard Bove

    China's banks are taking over the world, or at least pushing their U.S. counterparts out of the leadership role, analyst Dick Bove says.

  • Small-cap stocks that can help you beat the market Thursday, 30 Apr 2015 | 10:39 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Small caps are outperforming the S&P 500 as investors worry about a weak global economic picture. The draw: Most are US-centric.

  • Early movers: VIA, CI, TWC, AAPL, GNRC & more Thursday, 30 Apr 2015 | 7:57 AM ET
    A trader works on the floor of the New York Stock Exchange.

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

  • NEW YORK, April 30- Warren Buffett has carved out a core stock-picking strategy of investing in companies with strong economic "moats," businesses that have built, fortified and generated success from well-known brands that make it difficult for them to succumb to competitive forces. Stalwarts like International Business Machines, Coca-Cola Inc, Procter&...

  • *Weak economic data complicates Fed rate hike plan. WASHINGTON, April 29- As the Federal Reserve's policy-setting committee wraps up its third meeting of the year, a critical task awaits the U.S. central bank: narrowing the wide gap between how it and the markets view the path of interest rates. Gross domestic product expanded at a 0.2 percent annual rate in the...

  • WASHINGTON, April 29- As the Federal Reserve's policy-setting committee wraps up its third meeting of the year, a critical task awaits the U.S. central bank: narrowing the wide gap between how it and the markets view the path of interest rates. The Fed faces a dilemma this week, according to Bank of America: accommodate market expectations of a later lift-off, or "...

  • With results in from 47 percent of S&P 500 companies as of Tuesday, first-quarter earnings are expected to have risen 0.02 percent from a year ago, according to Thomson Reuters data, which is based on actual results and estimates for companies still to report. Apple Inc, which reported results late Monday, gave the biggest boost to S&P 500 earnings estimates,...

  • Govt fines bank millions for illegal overdraft fees Tuesday, 28 Apr 2015 | 4:53 PM ET
    A file photo of a Regions Bank branch in Birmington, Ala.

    The Consumer Financial Protection Bureau is coming down on illegal overdraft fees, fining Regions Bank $7.5 million.

  • Iron Mountain to buy Recall Holdings for about $2.2 bln Tuesday, 28 Apr 2015 | 11:02 AM ET

    April 28- Document and data storage services company Iron Mountain Inc said it will buy Australia- listed data protection services provider Recall Holdings Ltd for about $2.2 billion in cash and stock. Atlanta, Georgia- based Recall rejected an offer of A $7 per share from Boston- based Iron Mountain in December, saying the premium was too low.

  • Bank stocks stink, so time to buy banks? Tuesday, 28 Apr 2015 | 10:18 AM ET
    Traders work the floor of the New York Stock Exchange.

    A funny thing has been happening to financials: while earnings have been stellar, their stocks have stunk.

  • April 28- The Securities and Exchange Commission is investigating whether Bank of America Corp violated customer-protection rules and put retail-brokerage funds at risk to increase profits, the Wall Street Journal reported, citing people familiar with the matter. Bank of America stopped the strategy in 2012. However, from 2009 to 2012, it completed...

  • April 28- The Securities and Exchange Commission is investigating whether Bank of America Corp violated customer-protection rules and put retail-brokerage funds at risk to increase profits, the Wall Street Journal reported, citing people familiar with the matter. Bank of America stopped the strategy in 2012. However, from 2009 to 2012, it completed...

  • Japan’s downgrade: Why no one seems to care Tuesday, 28 Apr 2015 | 2:06 AM ET

    Japan's already less-than-sterling credit rating took a hit from Fitch's downgrade, but its bonds and currency are set to stay impervious to the blow.