Recent

% | $
Quotes you view appear here for quick access.

Corrections Corporation of America Message Board

mecosmo2 37 posts  |  Last Activity: Jul 25, 2016 8:16 AM Member since: May 19, 1999
  • Apricus Biosciences Further Expands Existing Vitaros® Partnership with Ferring Pharmaceuticals in Europe and Asia

    Sentiment: Strong Buy

  • This bored is not up to date Aspire capital came up with cash to carry apri on through the rest of this year and maybe beyond!

    Sentiment: Buy

  • Here is a review also they gave vitaros 4 of 5 stars, ,Vitaros cream | Alprostadil | Erectile Dysfunction | Order Online
    www.dokteronline.com › Home › for men › erectile dysfunction

    Sentiment: Buy

  • THe stress test has been passed and buybacks and dividend raises are in order!!

    Sentiment: Strong Buy

  • Apricus Biosciences (NASDAQ:APRI) announces it has entered into a common stock purchase agreement with Aspire Capital Fund. Aspire will complete an initial purchase of ~2.5M shares of common stock for proceeds of $1M (~$0.40/share) and has committed to purchase up to $6M in additional shares over the next 24 months.Under the terms of agreement, Apricus will control the timing and amount of any sale of shares of common stock to Aspire Capital. Aspire Capital has no right to require any sales by Apricus but is obligated tomake purchases as Apricus directs. Apricus may terminate the purchase agreement at any time, at its discretion, without any additional cost or penalty.

    Sentiment: Buy

  • The bank looks especially appealing from a valuation and a capital return point of view. What's wrong with buying a Wall Street bank for only about half book value? That's right, nothing.

    Further, Bank of America passed the FED's stress test with flying colors lately, and will start to return a boatload of cash to shareholders soon. The bank said that it will increase its dividend by 50 percent, and also spend $5 billion on stock buybacks.

    Sentiment: Strong Buy

  • Based on this average BAC should be $23. 50 a nice increase in PPS!!

    Sentiment: Strong Buy

  • The jumbo mortgage business keeps getting bigger for banks.These high-dollar home loans rose to 24% of mortgage approvals at six of the largest U.S. banks in 2015 from 21% the year before, according to an analysis of federal home-loan data. These mortgages to the affluent, typically worth more than $417,000, have become
    more popular!!

    Sentiment: Strong Buy

  • Bank of America won approval from the Federal Reserve to return more capital to shareholders.
    The approval comes after the bank was ordered last year to resubmit its capital return plan.
    Bank of America increased its dividend payout 50 percent and plans on spending $5 billion on stock buybacks.
    Increased Capital Returns

    But there is yet another reason to buy Bank of America in addition to the bank's low valuation on an accounting book value basis and positive interest rate sensitivity.

    The bank is in the early stages of returning more capital to shareholders after passing the latest stress test exercise. If you remember, Bank of America was sort of scolded by the Federal Reserve last year, and made to resubmit its capital plan due to weaknesses related to its capital planning processes. This year, Bank of America passed the annual stress test exercise with flying colors, which means the bank is going to return a significant amount of capital to shareholders over the next year:

    Bank of America today announced that the company's Board of Directors plans to increase its quarterly common stock dividend by 50 percent to $0.075 per share, beginning in the third quarter of 2016. Also, the Board authorized the repurchase of $5 billion in common stock from July 1, 2016 through June 30, 2017. On a quarterly basis, this authorization represents an increase of more than 50 percent from the prior year's authorization.

    The Federal Reserve Board has informed the company that it completed its 2016 Comprehensive Capital Analysis and Review and that it did not object to Bank of America's capital plan, including the proposed dividend increase and repurchase plan.

    Sentiment: Strong Buy

  • BAC's CCAR result from last night was really quite terrific.

    CET1 ratios under both scenarios were at or above the average and well in excess of minimums.

    Important work has been done to repair BAC's reputation and its capital returns were even better than I anticipated.

    Sentiment: Strong Buy

  • The Fed greenlights an increase in the quarterly dividend to $0.075 per share, up 50% from the current level. Buybacks over the next year of up to $5B are approved as well.

    Sentiment: Strong Buy

  • he idea could be to split BAC into two companies, helping unlock the hidden value buried within the too big to fail overhang. BAC has a unique catalyst that could be unlocked relatively quickly too, which includes spinning off Merrill Lynch. This would effectively break BAC's trading unit from its conventional banking unit.

    Sentiment: Strong Buy

  • Price heading Up to $1,00 big spike in volume!!

    Sentiment: Strong Buy

  • The biggest issue weighing on Bank of America, and money center banks in general, is that the Federal Reserve can't seem to make up its mind on interest rates. Last year witnessed the Fed raise its federal funds target for the first time in nearly a decade and started what was believed to be a period of two-to-three years of expected monetary tightening. While low lending rates have been a boon for the consumer and businesses, allowing both to refinance existing debt and businesses to hire and expand, low interest rates have crushed banks' net interest margin. A rising federal funds target rate was expected to take care of that problem.

    Unfortunately, U.S. GDP growth has initially come in well below 1% in each of the past two quarters, and the May jobs report showed that only 38,000 jobs were created, a nearly six-year low. This has pushed the Fed's rate hikes further out, and caused the regulatory body to lower its long-term interest rate forecasts for 2017 and 2018 to 1.6% and 2.4%, respectively, from 1.9% and 3%. This move caught banks off-guard and it clearly disappointed investors.

    Six reasons Bank of America could be headed to $30 by 2020
    Yet despite this recent weakness, Bank of America looks poised to more than double over the remainder of the decade -- and I promise that's not just wishful thinking from a current B of A shareholder. Here are six reasons why I believe Bank of America could be headed to $30 by 20

    Sentiment: Strong Buy

  • The improving trend means revenue-squeezed banks can boost lending without lowering standards. "It will have a positive impact on loan volume, loan growth and revenue,” says Morgan Whitacre, a consumer client underwriting executive at Bank of America (NYSE:BAC).

    Sentiment: Strong Buy

  • mecosmo2 by mecosmo2 Jun 21, 2016 9:36 AM Flag

    No confidence in the company and very large DEBT!!

    Sentiment: Strong Sell

  • First, economic data is importantly improving in the second quarter, marking a significant change to the prospects for the bank's loan demand.
    Second interest rates will increase this year.
    Third the loans to oil producing companies are much better off with the increase in oil prices.
    Fourth Trading revenues are up!
    Fifth BAC has down sized its work force.

    Sentiment: Strong Buy

  • Vitaros is about to be submitted USA this year, And when approved, which it will be approved since it has been approved worldwide outside the USA. IT WILL BE HUGE FOR THE STOCK!!!!!

    Sentiment: Strong Buy

  • mecosmo2 by mecosmo2 Jun 9, 2016 9:10 AM Flag

    Highlights include:

    Building thriving and sustainable economies:

    Increased the company?s environmental business initiative from $50 billion to $125 billion by 2025. This commitment is helping address climate change and other demands on natural resources through lending, investing, capital raising, advisory services and developing financing solutions for clients around the world. In 2015 alone, the company provided $14.5 billion financing for renewable energy, energy efficiency, and other sustainable projects.
    More than $1 billion invested in community development financial institutions (CDFIs) across the U.S., including extending more than $235 million in loans in 2015 to support affordable housing, small business and economic development.
    Provided financing for high-impact new energy projects through its Catalytic Finance Initiative. As an example, Bank of America acted as co-arranger of #$%$978 million project bonds to refinance Meerwind, a fully operational 288-MW German offshore wind farm located in the North Sea. The refinancing represents the largest-ever renewable energy project bond and attracted a wide set of investors in both the U.S. and EMEA.
    Helped to create 14,400 housing units, including 13,400 units of affordable housing, for individuals, families, veterans, seniors, and the previously homeless through its Community Development Banking group.

    Sentiment: Strong Buy

  • The weak jobs number has not changed the overall economic picture, Cleveland Fed President Loretta Mester declared, calling "a gradual upward pace of the funds rate appropriate." "When the rate hikes will occur and the slope of that gradual path is data dependent," she added. The U.S. economy added just 38K jobs in May, well below the consensus estimate of 164K and the smallest gain since September 2010.

    Boston Fed President Eric Rosengren also expects sufficient economic growth to justify higher interest rates in the coming months despite the recent "choppy" economic conditions in the U.S. and May's "disappointing" employment report. Over the past six months, Rosengren has been a forceful advocate for raising rates in the U.S., citing a concern that low rates may be fostering asset bubbles, especially in the commercial real estate market.

    Sentiment: Strong Buy

CXW
32.11-0.33(-1.02%)Jul 26 4:02 PMEDT