×

Stocks Bank of America Corp

  • The latest overall job loss numbers showed a loss of 539,000 jobs in March and the unemployment rate climbed to 8.9%.  The March numbers were revised to a loss of 699,000.  Here is a breakdown of where the job losses were as well as which sectors were adding jobs.

  • Banking stocks looked set to continue their sharp jump higher at the open Thursday as investors wait for the official results of the government’s stress test.

  • Has government involvement in the financial sector been beneficial to the largest U.S. banks? After the completion of the government’s bank stress tests, results showed that 10 out of the nation’s 19 largest banks need to raise ~$75 billion in capital to become more solvent.

  • One of America's 'most stressed' banks, Bank of America, is likely to fail in its ambition to operate as a conglomerate, Bill Smith, president, CEO and senior portfolio manager at SAM Advisors, told CNBC Friday after the government's stress tests showed the bank needs to raise an additional $33.9 billion in capital.

  • Question Marks

    While few expect banks to lead the market, reaction to the stress test results could signal where stocks are headed next.

  • graphic_word_ofthe_street.jpg

    At long last the official results of the bank stress tests are out. Should you buy the news, short the losers or head to the sidelines?

  • graphic_word_ofthe_street.jpg

    At long last the official results of the bank stress tests are out. Should you buy the news, short the losers or head to the sidelines?

  • Stocks turned lower on Thursday as bank stocks backed off their early rally. Fed Reserve Chairman Bernanke said increasing the effectiveness of bank supervision is a "top priority" for the Fed. Treasury Secretary Tim Geithner sought to ease fears about the results by saying that none of the banks being tested face the risk of insolvency. (UPDATED: Stress test results released.)

  • graphic_word_ofthe_street.jpg

    At long last the official results of the bank stress tests are out. Who belongs at the head of the class?

  • US banking regulators released results of the stress tests on the 19 biggest American financial institutions, saying which banks need additional capital to survive a worsening of the economy

  • Stocks turned lower Thursday as bank stocks backed off their early rally and techs dragged on the Nasdaq.

  • Plus, Cramer talks credit cards, banks and CEOs.

  • Question Marks

    While few expect banks to lead the market, the importance of the sector has some thinking that the stress tests could signal where stocks are headed next.

  • Later today the Fed will play King Solomon with the financials deciding who is strong and who is weak. Considering the recent run in banks, has Wall Street gotten it right?

  • As of yesterday, over 80% of the S&P 500 companies have reported earnings.  Here's a look at which companies have had the biggest surprises so far...

  • Stocks turned lower Thursday as bank stocks backed off their early rally and techs dragged on the Nasdaq.

  • You know that theory that financial Armageddon was upon us and that another Great Depression was on the way? Not anymore.

  • After months of speculation, the veil will be lifted on Thursday. What should you expect from the official results of the bank stress tests?

  • graphic_word_ofthe_street.jpg

    Despite reports that stress test results will show banks need to raise billions more, both the Dow and the S&P closed positive for the day.

  • Stocks pulled off a gain after a turbulent session Wednesday as investors weighed reports that indicated the pace of layoffs is beginning to slow against worries that the rally may be getting ahead of itself.