Federal Realty Anchors Merrill Lynch at Pike & Rose (revised) - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Jul 09, 2:48PM CDT
Federal Realty Investment Trust (FRT) disclosed that it has booked Bank of America Merrill Lynch, the corporate and investment banking division of Bank of America Corporation (BAC) as anchor office tenant at the Pike & Rose in North Bethesda, MD.
Bank of America Declares Preferred Dividends
Business Wire - Wed Jul 09, 1:00PM CDT
Bank of America Corporation today announced the Board of Directors has authorized dividends on preferred stock.
Could Bank of America Corp Really Trade Again at 2 Times Book Value?
Kingkarn Amjaroen, The Motley Fool - Motley Fool - Wed Jul 09, 12:40PM CDT
Source: Company Bank of America didn't do a good job lately on the public relations front. First it had to announce a material $4 billion error in calculating its regulatory capital, which was not only embarrassing, but also caused the bank to...
Most active New York Stock Exchange-traded stocks
AP - Wed Jul 09, 12:36PM CDT
NEW YORK (AP) — A look at New York Stock Exchange 10 most-active stocks at 1 p.m.:
Midday Glance: Banks companies
AP - Wed Jul 09, 12:36PM CDT
NEW YORK (AP) — Shares of some top banks companies are mixed at 1 p.m.:
Citigroup, DOJ Said Near $7 Billion Mortgage Deal
at Investor's Business Daily - Wed Jul 09, 12:02PM CDT
A settlement worth an estimated $7 billion reportedly is in the works between Citigroup (C) and the Department of Justice to settle allegations the New York-based bank sold subpar mortgages in the years before the financial crisis. The deal, which...
BofA's Streamlining Initiatives on Track - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Jul 09, 12:00PM CDT
Various restructuring and expense-savings initiatives that were being undertaken by BofA have started bearing fruits.
Why Bank of America (BAC) Stock Remains A 'Buy' At TheStreet
at The Street - Wed Jul 09, 11:47AM CDT
Bank of America (BAC) stock is reiterated with a 'buy' rating a ratings score of B by TheStreet Ratings team.
JPMorgan Aims at Prudent Cost Management - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Jul 09, 10:50AM CDT
At a time when the banking industry is struggling with slow top-line growth, banks are attempting to cut expenses in order to remain profitable. Wall Street biggies including JPMorgan (JPM) are among the front runners.
Citigroup to Pay $7B to Settle Mortgage Issues? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Jul 09, 10:10AM CDT
Citigroup Inc. (C) is in talks with the Department of Justice (DOJ) to pay more than $7 billion to resolve several litigations and probes related to its pre-crisis mortgage practices.
Wells Fargo to Face Los Angeles Discrimination Lawsuit - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Jul 09, 10:00AM CDT
Following the failure of Wells Fargo & Company (WFC) in May to dismiss a lawsuit filed by Los Angeles City last year, the bank's appeal was rejected yet again by the U.S. District Judge - Otis Wright II
Wells Fargo & Co. Earnings: Has the Bank's Growth Peaked?
Dan Caplinger, The Motley Fool - Motley Fool - Wed Jul 09, 9:40AM CDT
On Friday, Wells Fargo will release its quarterly report, and shareholders have been quite pleased with the big bank's recovery from the worst of the financial crisis almost six years ago, bidding up Wells Fargo stock to all-time record highs...
Early Glance: Banks companies
AP - Wed Jul 09, 9:30AM CDT
NEW YORK (AP) — Shares of some top banks companies are mixed at 10 a.m.:
Why Bank of America is Eyeing Citigroup Today
Alex Dumortier, CFA, The Motley Fool - Motley Fool - Wed Jul 09, 9:20AM CDT
Following two days of declines, U.S stocks are marginally higher on Wednesday morning, with the benchmark S&P 500 and the narrower Dow Jones Industrial Average up 0.09% and 0.1%, respectively, at 10:15 a.m. EDT. This one-way market has...
Will These Lower EPS Estimates Hurt Bank of America (BAC) Stock Today?
at The Street - Wed Jul 09, 8:30AM CDT
Barclays (BCS) lowers its 2014 and 2015 EPS estimates for Bank of America (BAC) with an 'equal weight' rating.
SunTrust Banks, Inc.’s Mortgage Settlement Sounds Surprisingly Familiar
Amanda Alix, The Motley Fool - Motley Fool - Wed Jul 09, 8:27AM CDT
Source: Company. If you keep an eye on the legal entanglements of Bank of America Corp , you will recall the brouhaha that ensued last summer when the bank was accused of abusing troubled homeowners who approached the bank for help under the...
3 Things to Watch When Wells Fargo & Co Announces Earnings This Week
Patrick Morris, The Motley Fool - Motley Fool - Wed Jul 09, 8:25AM CDT
With the calendar officially turned to July, the second quarter is on the books and earnings season is upon us. There are three things investors must watch when Wells Fargo kicks it off this Friday. Continued loan and deposit growth As shown...
Bank of America Corp's Financial Crisis Woes Weren't as Bad as You Think
Patrick Morris, The Motley Fool - Motley Fool - Wed Jul 09, 7:59AM CDT
Source: Flickr / Mike Mozart. Over the past eight years, Bank of America wrote down a staggering $90 billion worth of its loans in its credit card unit. But that doesn't tell the whole story. In a recent column , fellow Fool John Maxfield,...
Wells Fargo's Hot Earnings Expected To Cool Off In Q2
at Investor's Business Daily - Wed Jul 09, 7:02AM CDT
A weaker-than-expected spring house-selling season and tough regulatory environment are expected to result in a relatively flat second quarter for Wells Fargo (WFC) when it reports earnings on Friday. The San Francisco-based lender is seen reporting...
Market Movers - Diversified Banks Stocks -- Research on Bank of America, Wells Fargo, Citigroup, and Toronto-Dominion
PR Newswire - Wed Jul 09, 5:10AM CDT
On Tuesday, July 08, 2014, the NASDAQ Composite ended at 4,391.46, down 1.35%, the Dow Jones Industrial Average finished the session at 16,906.62, down 0.69% and the S&P 500 closed at 1,963.71, down 0.70%. During the trading session, nine out of the ten sectors finished on a lower note. The S&P 500 Financials Sector Index ended the day 0.86% lower at 306.42, while the index has gained 3.98% in the previous three months. Investor-Edge has initiated coverage on the following equities: Bank of America Corp. (NYSE: BAC), Wells Fargo & Co. (NYSE: WFC), Citigroup Inc. (NYSE: C) and The Toronto-Dominion Bank (NYSE: TD). Free technical research on BAC, WFC, C and TD can be downloaded upon signing up at: