Bank of America Corp (BAC) 16.62 $BAC
BofA in $772 mil settlement
at Investor's Business Daily - 54 mins ago
The Charlotte, N.C.-based bank will pay fines and refunds to settle regulators' accusations that it misled customers who bought extra credit card products and illegally charged others for credit monitoring and reporting services they didn't receive....
Most active New York Stock Exchange-traded stocks
AP - 1 hr 24 mins ago
NEW YORK (AP) ' A look at New York Stock Exchange 10 most-active stocks at the close of trading:
Final Glance: Banks companies
AP - 1 hr 25 mins ago
NEW YORK (AP) ' Shares of some top banks companies were up at the close of trading:
BofA paying $772M over selling credit card extras
By MARCY GORDON - AP - Wed Apr 09, 3:20PM CDT
WASHINGTON (AP) ' Bank of America Corp. is paying $772 million in fines and refunds to settle regulators' accusations that it misled customers who bought extra credit-card products and illegally charged others for credit monitoring and reporting services they didn't receive.
Tougher Capital Rules for 8 Banks - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Apr 09, 3:00PM CDT
Recently, the U.S. banking regulators finalized stricter borrowing rules for 8 most systemically significant U.S. banking organizations. The tougher rules require the banks to be dependent more on equity capital than on debt and riskier assets.
Roundtable: 1 Stock to Buy in April
Motley Fool Staff - Motley Fool - Wed Apr 09, 11:33AM CDT
As we do each month, we asked a handful of our top analysts across sectors for one stock that looks especially compelling right now. Here are the companies they singled out. Jim Mueller : I like Netflix this month. It's down about 25% from...
What the Dow's Former Stocks Can Teach You About Investing
Dan Caplinger, The Motley Fool - Motley Fool - Wed Apr 09, 11:30AM CDT
Alcoa celebrated the beginning of earnings season last night with a strong quarterly report, and while the Dow Jones Industrials no longer gets a direct boost from its former member's rising share price, the blue-chip still rose 82 points as of...
Will Wells Fargo & Co. Earnings Keep Crushing Its Peers?
Dan Caplinger, The Motley Fool - Motley Fool - Wed Apr 09, 11:03AM CDT
On Friday, Wells Fargo will release its quarterly report, and longtime shareholders have celebrated the bank's ability to weather the financial crisis and climb to new all-time record highs. Yet even as the West Coast bank has outperformed peers ...
One Factor Affecting Bank of America (BAC) Stock Today
at The Street - Wed Apr 09, 9:16AM CDT
Bank of America (BAC) announced that it would cut 3,000 overseas jobs in Costa Rica, the Philippines and Mexico as part of its ongoing worldwide reviews. The company expects to shut down locations in those countries within the next nine to 12 months....
Bank of America and QBE Insurance Agree to Pay $228 to Settle Claims
ACCESSWIRE - Wed Apr 09, 9:07AM CDT
Bank of America Corp. (NYSE:BAC) and QBE Insurance Corp. have agreed to pay $228 million to settle claims that they had been involved in a kickback scheme that inflated the cost of insurance for homeowners had been forced to buy, according to Reuters. On Apr. 8, BAC's share price closed at $16.44, up 6 cents from its close of $16.38 the previous day, on volume of 75,729,600 shares. Sign up today for timely and hot stock alerts here, or by cutting and pasting the following link in your Web browser: http://pennypickalerts.com/ Nokia Corp. Robust Stock Volume Fueled by New Line of Smartphones In other news, Nokia Corp. (OTCQB: NOKBF) share volume soared Apr. 8, with 1,445,727 shares changing hands, more than double its three-month average volume of 702,882 shares. Unveils New Smartphones
Feds Move Forward With Tougher Bank Debt Limit
at The Street - Wed Apr 09, 8:55AM CDT
The FDIC's Gruenberg said the cap is the most "significant" step towards reducing systemic risk.
Wells Fargo Gets a Gift From Fed
at The Street - Wed Apr 09, 8:55AM CDT
Wells Fargo will be the biggest beneficiary from an important new rule announced by the Federal Reserve after the market close Tuesday, according to a report from Keefe Bruyette and Woods.
Bank of America to cut 3,000 overseas jobs
AP - Wed Apr 09, 8:36AM CDT
NEW YORK (AP) ' Bank of America says it's cutting about 3,000 jobs overseas as part of ongoing reviews of its global operations.
Will This Upgrade Help E*TRADE (ETFC) Stock Today?
at The Street - Wed Apr 09, 8:29AM CDT
E*TRADE (ETFC) was upgraded to 'neutral' from 'underperform' at Bank of America (BAC) Merrill Lynch.
Huntington Bancshares to Acquire 11 Branches in Central and East Michigan
Business Wire - Wed Apr 09, 7:45AM CDT
Huntington Bancshares Incorporated (NASDAQ: HBAN; www.huntington.com) announced today the signing of a definitive agreement under which Huntington National Bank will purchase 11 branches in Central and East Michigan from Bank of America Corporation. Huntington's acquisition will increase the bank's Michigan branch total to 173 statewide including 80 locations in the bank's East Michigan region.
What Does Fannie Mae and Freddie Mac's Massive Windfall Mean to You?
Matthew Frankel, The Motley Fool - Motley Fool - Wed Apr 09, 6:00AM CDT
The Federal Housing Finance Agency (FHFA) sure does seem to be making a lot of money from settlements lately. In fact, after Bank of America's recent $9.3 billion deal, the agency has now settled 10 of the 18 lawsuits it filed related to the sale...
BNY Mellon Raises Dividend by 13% - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Apr 08, 5:45PM CDT
BNY Mellon announced a 13% raise in its quarterly cash dividend. This follows the Fed's approval of 2014 capital plan in March.
Regulators act to require stronger bank capital
By MARCY GORDON - AP - Tue Apr 08, 4:40PM CDT
WASHINGTON (AP) ' Regulators are acting to require U.S. banks to build a sturdier financial base to lessen the risk that they could collapse and cause a global meltdown.
BofA in $772 mil settlement
at Investor's Business Daily - 54 mins ago
The Charlotte, N.C.-based bank will pay fines and refunds to settle regulators' accusations that it misled customers who bought extra credit card products and illegally charged others for credit monitoring and reporting services they didn't receive....
Most active New York Stock Exchange-traded stocks
AP - 1 hr 24 mins ago
NEW YORK (AP) ' A look at New York Stock Exchange 10 most-active stocks at the close of trading:
Final Glance: Banks companies
AP - 1 hr 25 mins ago
NEW YORK (AP) ' Shares of some top banks companies were up at the close of trading:
BofA paying $772M over selling credit card extras
By MARCY GORDON - AP - Wed Apr 09, 3:20PM CDT
WASHINGTON (AP) ' Bank of America Corp. is paying $772 million in fines and refunds to settle regulators' accusations that it misled customers who bought extra credit-card products and illegally charged others for credit monitoring and reporting services they didn't receive.
Tougher Capital Rules for 8 Banks - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Apr 09, 3:00PM CDT
Recently, the U.S. banking regulators finalized stricter borrowing rules for 8 most systemically significant U.S. banking organizations. The tougher rules require the banks to be dependent more on equity capital than on debt and riskier assets.
Roundtable: 1 Stock to Buy in April
Motley Fool Staff - Motley Fool - Wed Apr 09, 11:33AM CDT
As we do each month, we asked a handful of our top analysts across sectors for one stock that looks especially compelling right now. Here are the companies they singled out. Jim Mueller : I like Netflix this month. It's down about 25% from...
What the Dow's Former Stocks Can Teach You About Investing
Dan Caplinger, The Motley Fool - Motley Fool - Wed Apr 09, 11:30AM CDT
Alcoa celebrated the beginning of earnings season last night with a strong quarterly report, and while the Dow Jones Industrials no longer gets a direct boost from its former member's rising share price, the blue-chip still rose 82 points as of...
Will Wells Fargo & Co. Earnings Keep Crushing Its Peers?
Dan Caplinger, The Motley Fool - Motley Fool - Wed Apr 09, 11:03AM CDT
On Friday, Wells Fargo will release its quarterly report, and longtime shareholders have celebrated the bank's ability to weather the financial crisis and climb to new all-time record highs. Yet even as the West Coast bank has outperformed peers ...
One Factor Affecting Bank of America (BAC) Stock Today
at The Street - Wed Apr 09, 9:16AM CDT
Bank of America (BAC) announced that it would cut 3,000 overseas jobs in Costa Rica, the Philippines and Mexico as part of its ongoing worldwide reviews. The company expects to shut down locations in those countries within the next nine to 12 months....
Bank of America and QBE Insurance Agree to Pay $228 to Settle Claims
ACCESSWIRE - Wed Apr 09, 9:07AM CDT
Bank of America Corp. (NYSE:BAC) and QBE Insurance Corp. have agreed to pay $228 million to settle claims that they had been involved in a kickback scheme that inflated the cost of insurance for homeowners had been forced to buy, according to Reuters. On Apr. 8, BAC's share price closed at $16.44, up 6 cents from its close of $16.38 the previous day, on volume of 75,729,600 shares. Sign up today for timely and hot stock alerts here, or by cutting and pasting the following link in your Web browser: http://pennypickalerts.com/ Nokia Corp. Robust Stock Volume Fueled by New Line of Smartphones In other news, Nokia Corp. (OTCQB: NOKBF) share volume soared Apr. 8, with 1,445,727 shares changing hands, more than double its three-month average volume of 702,882 shares. Unveils New Smartphones
Feds Move Forward With Tougher Bank Debt Limit
at The Street - Wed Apr 09, 8:55AM CDT
The FDIC's Gruenberg said the cap is the most "significant" step towards reducing systemic risk.
Wells Fargo Gets a Gift From Fed
at The Street - Wed Apr 09, 8:55AM CDT
Wells Fargo will be the biggest beneficiary from an important new rule announced by the Federal Reserve after the market close Tuesday, according to a report from Keefe Bruyette and Woods.
Bank of America to cut 3,000 overseas jobs
AP - Wed Apr 09, 8:36AM CDT
NEW YORK (AP) ' Bank of America says it's cutting about 3,000 jobs overseas as part of ongoing reviews of its global operations.
Will This Upgrade Help E*TRADE (ETFC) Stock Today?
at The Street - Wed Apr 09, 8:29AM CDT
E*TRADE (ETFC) was upgraded to 'neutral' from 'underperform' at Bank of America (BAC) Merrill Lynch.
Huntington Bancshares to Acquire 11 Branches in Central and East Michigan
Business Wire - Wed Apr 09, 7:45AM CDT
Huntington Bancshares Incorporated (NASDAQ: HBAN; www.huntington.com) announced today the signing of a definitive agreement under which Huntington National Bank will purchase 11 branches in Central and East Michigan from Bank of America Corporation. Huntington's acquisition will increase the bank's Michigan branch total to 173 statewide including 80 locations in the bank's East Michigan region.
What Does Fannie Mae and Freddie Mac's Massive Windfall Mean to You?
Matthew Frankel, The Motley Fool - Motley Fool - Wed Apr 09, 6:00AM CDT
The Federal Housing Finance Agency (FHFA) sure does seem to be making a lot of money from settlements lately. In fact, after Bank of America's recent $9.3 billion deal, the agency has now settled 10 of the 18 lawsuits it filed related to the sale...
BNY Mellon Raises Dividend by 13% - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Apr 08, 5:45PM CDT
BNY Mellon announced a 13% raise in its quarterly cash dividend. This follows the Fed's approval of 2014 capital plan in March.
Regulators act to require stronger bank capital
By MARCY GORDON - AP - Tue Apr 08, 4:40PM CDT
WASHINGTON (AP) ' Regulators are acting to require U.S. banks to build a sturdier financial base to lessen the risk that they could collapse and cause a global meltdown.
