Thursday 6-12-2014 Bank of America Corp (BAC) $BAC
Post# of 173
Overall Average: 8% Sell
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Is Bank of America Corp’s Deal With U.S. Regulators Dead in the Water?
Amanda Alix, The Motley Fool - Motley Fool - Thu Jun 12, 6:00PM CDT
Despite Bank of America Corp CEO Brian Moynihan's determination to put the bank's mortgage morass behind it, the latest settlement negotiations with U.S. regulators have come to a screeching halt. Worse yet, according to a report by the New... (full story)
Most active New York Stock Exchange-traded stocks
AP - Thu Jun 12, 5:29PM CDT
NEW YORK (AP) — A look at New York Stock Exchange 10 most-active stocks at the close of trading: (full story)
Final Glance: Banks companies
AP - Thu Jun 12, 5:29PM CDT
NEW YORK (AP) — Shares of some top banks companies were mixed at the close of trading: (full story)
Helen of Troy Steps into Vitamin Supplements; to Buy Healthy Directions - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Jun 12, 4:00PM CDT
Helen of Troy (HELE) is geared to enter the vitamins, minerals and supplements (VMS) category with the takeover of U.S. based retailer and health publisher Healthy Directions (full story)
BofA's $850M Lawsuit to Be Dismissed? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Jun 12, 3:40PM CDT
Breathing respite for Bank of America Corporation (BAC), the U.S District Judge, Max Cogburn hinted that he might turn down a lawsuit filed by the U.S Department of Justice ( OJ) against the banking bellwether. (full story)
Midday Glance: Banks companies
AP - Thu Jun 12, 12:19PM CDT
NEW YORK (AP) — Shares of some top banks companies are mixed at 1 p.m.: (full story)
Bank of America Corp's Big Settlement Has Screeched to a Halt. So What?
Matthew Frankel, The Motley Fool - Motley Fool - Thu Jun 12, 11:46AM CDT
In the latest chapter of Bank of America 's seemingly endless legal drama, it looks like the reports of an imminent $12 billion settlement with the Justice Department arrived too soon. According to the latest news, the deal has stalled after the... (full story)
Early Glance: Banks companies
AP - Thu Jun 12, 9:47AM CDT
NEW YORK (AP) — Shares of some top banks companies are mixed at 10 a.m.: (full story)
Stock Market News for June 12, 2014 - Market News
Zacks Equity Research - Zacks Investment Research - Thu Jun 12, 9:06AM CDT
Benchmarks dropped the most in three weeks on Wednesday after World Bank lowered projections for global economic growth (full story)
1 Reason to Be Happy About Fannie Mae and Freddie Mac's Big About-Face -- Whether You're an Sharehol
Jessica Alling, The Motley Fool - Motley Fool - Thu Jun 12, 8:31AM CDT
Within the last few weeks, a sustained buzz surrounding new changes at the Federal Housing Finance Agency, Fannie Mae and Freddie Mac 's conservator, have investors optimistic about the future of the two government sponsored entities (GSEs). ... (full story)
3 Things Bank of America Corp Needs to Do to Make Investors Happy
David Hanson, Patrick Morris, and Matthew Frankel, The Motley Fool - Motley Fool - Thu Jun 12, 7:57AM CDT
Bank of America 's stock has been one of the most hotly debated investing stories over the past several years. Recently, the bulls have been been winning. Shares of Bank of America are up nearly 170% since the beginning of 2012. However, much... (full story)
Why Bank of America (BAC) Stock Is Higher This Morning
at The Street - Thu Jun 12, 7:44AM CDT
Bank of America (BAC) stock is higher in pre-market trade after a federal judge said he would consider dismissing a Justice Department lawsuit accusing the bank of civil fraud in the sale of mortgage securities that soured during the global financial... (full story)
Intel and VMware are Already in Costa Rica, President Solis Plans for More
at The Street - Wed Jun 11, 4:01PM CDT
Intel, Citi, and VMware are already investing in Costa Rica but Solis plans on increasing that list. (full story)
Blame the World Bank for U.S. Markets' Day in the Red
at The Street - Wed Jun 11, 3:18PM CDT
The benchmark S&P 500 index suffers its biggest daily decline in three weeks on Wednesday and the blame can be squarely placed on the World Bank's shoulders after it slashed its global economic outlook. (full story)
Why Bank of America (BAC) Stock Is Down Today
at The Street - Wed Jun 11, 3:15PM CDT
Bank of America (BAC) closed down 2.07%, or 33 cents, to $15.59 on Wednesday after reports that the bank and the Department of Justice had reached a roadblock in their ongoing negotiations over a multi-billion dollar settlement deal. (full story)
Bank of America Growth Challenges Go Beyond $17 Billion for Feds
at The Street - Wed Jun 11, 2:17PM CDT
Even as Bank of America sees the cost of a potential mortgage settlement balloon to $17 billion, the bank is still struggling to prove it can grow revenue at the same time it is selling off branches and reducing its footprint in other business units,... (full story)
JPMorgan Expects Cuts Amid Trading Revenue Slump
at Investor's Business Daily - Wed Jun 11, 12:59PM CDT
JPMorgan Chase (JPM) said it may have to cut jobs and affirmed its outlook for weak fixed-income investment trading revenue. The world's biggest investment bank warned last month that second-quarter fixed-income and equities trading revenue would... (full story)
Why PPL (PPL) Stock Is Down Despite A Ratings Upgrade
at The Street - Wed Jun 11, 12:31PM CDT
PPL (PPL) is down despite its price target being upgraded by analysts at Bank of America (BAC) after announcing that it is spinning off its power plant unit. (full story)
U.S. Stocks Fall as World Bank Cuts Global Outlook
at The Street - Wed Jun 11, 11:09AM CDT
Wall Street is lower on Wednesday after the World Bank slashes its global economic outlook. (full story)