28.22 -0.03 (-0.11%)
After hours: 7:58PM EDT
|Bid||0.00 x 1100|
|Ask||28.26 x 1200|
|Day's Range||28.14 - 28.90|
|52 Week Range||25.81 - 33.05|
|Beta (3Y Monthly)||1.69|
|PE Ratio (TTM)||13.48|
|Earnings Date||Jan 16, 2019|
|Forward Dividend & Yield||0.60 (2.08%)|
|1y Target Est||34.79|
Bank of America CEO Brian Moynihan discusses the impact of technology on headcount and customer behavior during a Net-Net discussion at the New York Stock Exchange.
Strong third quarter earnings results are driving stocks sharply higher in Tuesday's trading session. Yahoo Finance's Seana Smith, Zack Guzman, and Brian Cheung discuss with Jensen Investment Management portfolio manager, Eric Schoenstein.
Investing.com - PayPal Holdings Inc reported third quarter earnings that missed analyst's expectations on Thursday and revenue that topped forecasts.
Investing.com - American Express (NYSE:AXP) reported third quarter earnings that beat analyst's expectations on Thursday and revenue that topped forecasts.
Treasury Secretary Steven Mnuchin joins finance executives in dropping out of the conference. But BlackRock, Blackstone, and other financial firms still want to do business with the kingdom despite the risks.
The IPO’s top underwriters, which include Nomura Holdings Inc. and Goldman Sachs Group Inc., have given non-binding assurances while they finalize terms of the loan to the Vision Fund, the people said. Deutsche Bank AG, Mizuho Financial Group Inc. and Sumitomo Mitsui Financial Group Inc. were also among banks chosen to lead SoftBank’s wireless unit IPO, Bloomberg News reported last week.
Losses were in the "low-single digit millions" on the financing arranged by Bank of America, Societe Generale SA, Natixis SA and Goldman Sachs Group Inc. for the video technology services provider now called Triton, said one of the people, who asked not to be identified because they aren’t authorized to speak publicly. A loan to acquisition company Triton for Permira’s buyout of Cisco Systems Inc.’s video technology business priced last week on much worse terms for the borrower than what it was initially seeking, after taking months to sell.
Investing.com - Bank of NY Mellon reported third quarter earnings that beat analyst's expectations on Thursday and revenue that fell short of forecasts.
New payment, authentication and credential management company to be called PartX, Inc. SEBASTIAN, Florida, Oct. 18, 2018 /PRNewswire/ -- Nxt-ID, Inc. (NXTD) (NXTD) today announced that PartX, Inc. will be the name of the planned entity by which it will spin-off its payments, authentication, and credential management business. The name PartX™ is inspired by Charles Pajeau's invention of Tinker Toys in 1914.
NXT-ID, Inc. (NASDAQ: NXTD) a provider of healthcare devices and services as well as payment, credential management, and authentication platform services and QubeChain LLC, a broad-based blockchain technology company focused on delivering blockchain solutions to the healthcare and payments markets, among others, today announced a Strategic Alliance Agreement to collaborate in the development and marketing of a blockchain-based technology solutions within the healthcare, payments and other strategic markets. Under the Agreement, the companies will jointly offer technology products and solutions from both companies to their respective customer bases and collaborate to pursue new market opportunities. "As we became familiar with QubeChain, we found there was an array of complementary skills and offerings that will add significant value to the technical capabilities and relationships of both companies," said Gino Pereira, Chief Executive Officer of NXT-ID.
Investing.com - Financials staged a rally heading into close, driving Wall Street off session lows, as bank stocks surged amid a slew of upbeat earnings and rising bond yields.
Major banking funds have broken key support levels and dropped to 2018 lows, overwhelmed by eight Federal Reserve rate hikes and the most recent market swoon. Commercial and regional banks have lost ground at an equal pace in recent weeks, highlighting the broad nature of selling pressure that accelerated at the end of September. Meanwhile, Bank of America Corporation ( BAC) is struggling to hold the mid-summer low at $27.74, while Citigroup Inc. ( C) ended a refreshing period of leadership behavior at the start of 2018 and is now trading nearly 14% below the January high.
Bank of America Corporation today announced the Board of Directors has authorized regular cash dividends on the outstanding shares or depositary shares of the following series of p
Bank of America CEO Brian Moynihan said that the adoption of technology at the second-biggest U.S. lender has allowed him to cut 100,000 workers in less than a decade.
Miami attorney Bruce Jacobs, representing a couple in a foreclosure case, had sought to get his allegations against Bank of America heard in court. The bank argued his claims were baseless. Judge Bronwyn Miller dismissed the attorney's claims over the bank's purge of 1.8 billion of bank records.
What a rebound in the stock market! The PowerShares QQQ ETF (NASDAQ:QQQ) surged 2.6%, the Dow Jones jumped almost 500 points and for once, small caps led the rally rather than the decline. That sets up a ton of must-see stock charts and top stock trades for tomorrow.Top Must-See Stock Charts #1: Adobe (ADBE)
The nation's four biggest lenders and its two major investment banks posted mostly better than expected third quarter results, citing revenue from advising companies on deals, lending to consumers and businesses, and managing money. Many bank stock investors seem to be asking whether and when rising interest rates will choke off economic activity, and bank profits along with it. J.P. Morgan Chase CEO Jamie Dimon raised concerns Friday that rising interest rates and geopolitical flareups could derail U.S. economic growth, but added that is not the case at the moment.
By Diptendu Lahiri (Reuters) - Wall Street's top investment banks enjoyed a strong third quarter as strength in stock trading and equity underwriting added to the benefits from a strong U.S. economy and ...
The stock market has been a rough ride these past few weeks. Coming into October, all was fine as we recovered from the early February declines and went on to make new all-time highs. But with the Nasdaq falling some 10% in 10 trading sessions, investors are looking for safer stocks and that usually means dividend stocks.
Investing.com - Progressive reported third quarter earnings that beat analyst's expectations on Tuesday and revenue that topped forecasts.
Recent earnings releases from the four "too big to fail" money center banks did not result in share price volatility, as each stock remained below its 2018 highs set between Jan. 29 and March 12. My most significant observation is that banks were supposed to benefit from higher interest rates, and the Federal Reserve has been hiking the federal funds rate since December 2015. Bank of America Corporation ( BAC) is the second largest of the four "too big to fail" money center banks, with total assets of $1.776 trillion at the end of the second quarter, down from $1.784 trillion at the end of the first quarter.
The stock decline this year has been “bewildering” in light of a series of strong quarterly results, CEO James Gorman says. That may now change.
Investing.com - Goldman Sachs reported third quarter earnings that beat analysts expectations on Tuesday and revenue that topped forecasts.