|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||31.46 - 31.74|
|52 Week Range||22.07 - 31.79|
|PE Ratio (TTM)||20.33|
|Forward Dividend & Yield||0.48 (1.52%)|
|1y Target Est||N/A|
Let’s talk about the popular Bank of America Corporation (NYSE:BAC.PRD). The company’s shares saw its share price hover around a small range of $25.6 to $26.12 over the last fewRead More...
Q4 earnings season commenced for the banks, with all major banks coming out with decent financial performance based on improved top line.
A bankruptcy judge who slammed Bank of America Corp. for its treatment of a California couple over a foreclosure declined a request to tear up the scathing opinion, saying it was important "to name ...
Big banks began to report earnings in the week ended Jan. 12, and the financial earnings news flow continued into the week ended Jan. 19. A Muted Show The financial sector turned in 2.4-percent year-over-year ...
U.S. stock futures are trading higher heading into the open, as Wall Street brushes off concerns about a government shutdown. Overall, about 21.1 million calls and 16.7 million puts changed hands. The CBOE single-session equity put/call volume ratio rebounded to 0.56.
JPM stock rallied, GS stock fell, and C stock is jogging in place. Citigroup stock hasn’t been my favorite bank holding. For the past year, I have been a steadfast bull on Bank of America Corp (NYSE:BAC).
For the quarter ending in December, brokerage firm Morgan Stanley turned $9.5 billion worth of revenue into net income of $685 million, or a per-share profit of 29 cents. After backing out the one-time tax hit of $990 million related to new corporate tax rules recently put in place, Morgan Stanley actually earned $1.68 billion, for a profit of 84 cents per share of MS stock. Analysts were only expecting a top line of $9.2 billion and earnings of 77 cents per share.
The biggest U.S. bank increased CEO Jamie Dimon's pay by 5.3% to $29.5 million for 2017, as profit fell by 1%. That's roughly 240 times what the firm's roughly 250,000 employee make on average, and they ...
The megabank's top executive is telling customers that they can't buy bitcoin from his company, but his staff is doing a lot of patented research in this field. So what's up?
The following financial services industry appointments were announced on Thursday. To inform us of other job changes, email firstname.lastname@example.org. EXOTIX CAPITAL The UK-based company, which focuses ...
Companies are starting to lay out just how much shareholders will benefit from lower corporate taxes. The answer is: a lot.
Bank of America Corp has appointed Jack MacDonald to be head of global technology, media and telecom investment (TMT)banking, following the departure of Anwar Zakkour, the banker who formerly led the TMT group, according to a memo seen by Reuters. A Bank of America spokesman confirmed the memo's contents. MacDonald, who will remain based in Palo Alto, California will also be named a chairman of global M&A. MacDonald was previously a co-head of global M&A. He will work closely with the head of technology investment banking, Gary Kirkham, as well as Steve Baronoff, chairman of global M&A, and co-heads of global M&A, Patrick Ramsey and Adrian Mee, the memo said.
This is an increase over its earnings per share of 74 cents from the same time last year. It also beat out Wall Street’s earnings per share estimate of 77 cents for the quarter. Net income reported by Morgan Stanley for the fourth quarter of the year came in at $686 million.
U.S. stock futures are mixed this morning, as Wall Street eyes the potential for a government shutdown this weekend. Immigration reform is a major sticking point however, as Republican leaders search for a way pass a short-term spending bill.
This could indicate that investors who seek to profit from falling equity prices are not currently targeting BAC. The net inflows of $11.80 billion over the last one-month into ETFs that hold BAC are among the highest of the last year, but the rate of growth is slowing.
For the first time ever, the Dow Jones Industrial Average closed above the 26,000 level, dismissing Tuesday’s intra-day selloff as if it never happened.
Bank of America’s fourth-quarter profit fell from a year ago, hurt by a $2.9 billion charge related to the tax bill, even as the bank ended a year that put its crisis-era issues firmly in the past.