28.40 +0.08 (0.28%)
Pre-Market: 8:52AM EDT
|Bid||28.41 x 1400|
|Ask||28.42 x 1300|
|Day's Range||27.97 - 28.52|
|52 Week Range||25.81 - 33.05|
|Beta (3Y Monthly)||1.69|
|PE Ratio (TTM)||13.51|
|Earnings Date||Jan 16, 2019|
|Forward Dividend & Yield||0.60 (2.12%)|
|1y Target Est||34.68|
Live from the floor of the New York Stock Exchange, Yahoo Finance's Jared Blikre joins Seana Smith to discuss the latest market moves.
After nearly three years of rate increases from the Federal Reserve, customers are pulling billions of dollars out of accounts that don’t earn interest and putting their money into higher-yielding alternatives.
This could indicate that investors who seek to profit from falling equity prices are not currently targeting BAC. Over the last one-month, outflows of investor capital in ETFs holding BAC totaled $2.05 billion.
The big four banks have low direct exposure to a slowing Chinese economy, but the interconnectedness of the global economy means that the banks still face a lot of secondary risk.
WASHINGTON (AP) — U.S. home sales fell for the sixth straight month in September, a sign that housing has increasingly become a weak spot for the economy.
Artesia is at the northwestern edge of what is known as the Permian Basin, named for the geologic period that came right before the Triassic and the Jurassic (which, as a childhood dinosaur fanatic, I find useful as context) and left a whole lot of marine organic matter across West Texas and southeastern New Mexico that spent the next 252 million years turning into oil and natural gas. Humans drilled the first successful oil well in the Texas part of the Permian in 1921, and the first big New Mexico strike came in 1928.
ASSIGNMENTS: Custodial Receipts (Bank of America), Custodial Receipts US$ 13.00M 5.00% Ser. 2018-010 due 2037 ...Aa1 (Bank of America, N.A./ Letter of Credit - Standby) Custodial Receipts (Bank of America), ...
Investing.com - State Street reported third quarter earnings that missed analyst's expectations on Friday and revenue that fell short of forecasts.
Investing.com - SunTrust Banks (NYSE:STI) reported third quarter earnings that beat analyst's expectations on Friday and revenue that fell short of forecasts.
Ten years after a booming business with discretion-minded U.S. clients cost Swiss banks billions of dollars and put an end to Swiss banking secrecy, the world's private banking hub is looking to reestablish ties with American customers. Vontobel (VONN.S), for example, is to buy rival Lombard Odier's international portfolio of U.S.-based clients with 1.2 billion Swiss francs ($1.21 billion) in assets under management as it expands in the region.
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.
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.