Bank of America Corp (BAC) 15.51 $BAC
Rockwood Holdings Takes Flight on $6.2B Takeover Deal - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Jul 16, 4:55PM CDT
Rockwood Holdings' (ROC) shares screamed higher after Albemarle agreed to buy it for $6.2 billion.
Business Highlights
The Associated Press - AP - Wed Jul 16, 4:50PM CDT
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US stocks close higher; Time Warner soars
By ALEX VEIGA - AP - Wed Jul 16, 4:02PM CDT
Major stock indexes rebounded Wednesday, finishing higher for the third time in four days and lifting the Dow Jones industrial average to its second record close this month.
Why Bank of America (BAC) Stock Is Down In After-Hours Trading Today
at The Street - Wed Jul 16, 3:30PM CDT
Bank of America (BAC) and the Justice Department are negotiating a potential mortgage-securities settlement but remain far apart on the size and scope of the penalty.
Stock Market Today: New Record for Dow, Beige Book Shows Across-the-Board Growth
at The Street - Wed Jul 16, 3:19PM CDT
The release of the Federal Reserve's Beige Book midafternoon nudged the Dow Jones Industrial Average into record high territory again on Wednesday.
Citigroup's Boring Second Quarter Earnings and DOJ Settlement Cloud Its Long-Term Value Proposition
Kingkarn Amjaroen, The Motley Fool - Motley Fool - Wed Jul 16, 3:11PM CDT
Source: Company Citigroup reported earnings yesterday and surprised the market with a $7 billion settlement over rotten mortgage-backed securities with the Department of Justice. In addition, the bank delivered adjusted earnings which beat...
Most active New York Stock Exchange-traded stocks
AP - Wed Jul 16, 1:54PM 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 16, 1:54PM CDT
NEW YORK (AP) — Shares of some top banks companies are mixed at 1 p.m.:
Bank of America takes $4 billion litigation hit
By STEVE ROTHWELL - AP - Wed Jul 16, 1:44PM CDT
NEW YORK (AP) — Bank of America said Wednesday that its second-quarter earnings were hit by higher litigation expenses.
Intel's Earnings Blitz Leads the Dow's Rally
Dan Carroll, The Motley Fool - Motley Fool - Wed Jul 16, 1:31PM CDT
The market has roared higher today as the Dow Jones Industrial Average makes its way toward yet another record high. As of 2:15 p.m. EDT, the Dow has picked up more than 75 points, with most member stocks in the green. However, it's been big mover...
Bank of America Corp Earnings Report: Troubles Are Far From Over
Amanda Alix, The Motley Fool - Motley Fool - Wed Jul 16, 12:37PM CDT
Bank of America Corp reported second-quarter earnings earlier today, and the big bank showed an outstanding $0.12 earnings per share beat, while outshining expectations on revenue by $340 million. At first blush, this report seems to be a great...
Bank of America's Problem Isn't Too Many Lawyers, It's Too Few Customers
at The Street - Wed Jul 16, 12:37PM CDT
Litigation expenses dominate today's headlines. But the bad part is torpid growth in loans.
Fitch: Litigation Expenses Hide Improvements in Bank of America's Operations
Business Wire - Wed Jul 16, 12:16PM CDT
Bank of America Corporation's (BAC) stated second quarter 2014 (2Q'14) earnings of $2.3 billion were impacted by $4 billion of litigation charges, after having absorbed $6 billion of litigation charges in the sequential quarter. This latest charge masked what Fitch Ratings believes is some of the progress BAC has made in streamlining its franchise and improving its businesses. As such, notwithstanding the continued--and significant--litigation costs, Fitch views the quarter's results as incrementally positive.
BofA Q2 Weighed Down By Litigation As DOJ Deal Looms
at Investor's Business Daily - Wed Jul 16, 12:15PM CDT
The mortgage meltdown reached its nadir five years ago, but Bank of America (BAC) is still dealing with the legal headaches, which affected both its second-quarter earnings and led to its offer of $13 billion to get the Justice Department to back...
Why Bank Of America (BAC) Stock Continues To Fall Today
at The Street - Wed Jul 16, 11:46AM CDT
Bank of America (BAC) stock is down after the company reported a decline in net earnings and revenue for the 2014 second quarter.
Stock Market Today: Stocks Climb on Series of Deals, Buybacks, Takeover Bids
at The Street - Wed Jul 16, 11:26AM CDT
U.S. stock indices are marching higher Wednesday as Time Warner soars on reports that it's being courted by 21st Century Fox.
BofA Beats Earnings on Huge Adjustment, $650M AIG Settlement - Analyst Blog
Abhijit Ghosh - Zacks Investment Research - Wed Jul 16, 11:05AM CDT
BofA (BAC) witnessed improved credit quality and higher brokerage assets during the quarter. However, lower mortgage banking income and equity investment income were the downsides.
Early Glance: Banks companies
AP - Wed Jul 16, 10:11AM CDT
NEW YORK (AP) — Shares of some top banks companies are mixed at 10 a.m.:
Positive Start to Q2 Earnings - Ahead of Wall Street
Sheraz Mian - Zacks Investment Research - Wed Jul 16, 9:04AM CDT
Earnings remain front and center in today's session, with the finance-heavy results thus far largely in the "positive and reassuring" category.
Rockwood Holdings Takes Flight on $6.2B Takeover Deal - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Jul 16, 4:55PM CDT
Rockwood Holdings' (ROC) shares screamed higher after Albemarle agreed to buy it for $6.2 billion.
Business Highlights
The Associated Press - AP - Wed Jul 16, 4:50PM CDT
___
US stocks close higher; Time Warner soars
By ALEX VEIGA - AP - Wed Jul 16, 4:02PM CDT
Major stock indexes rebounded Wednesday, finishing higher for the third time in four days and lifting the Dow Jones industrial average to its second record close this month.
Why Bank of America (BAC) Stock Is Down In After-Hours Trading Today
at The Street - Wed Jul 16, 3:30PM CDT
Bank of America (BAC) and the Justice Department are negotiating a potential mortgage-securities settlement but remain far apart on the size and scope of the penalty.
Stock Market Today: New Record for Dow, Beige Book Shows Across-the-Board Growth
at The Street - Wed Jul 16, 3:19PM CDT
The release of the Federal Reserve's Beige Book midafternoon nudged the Dow Jones Industrial Average into record high territory again on Wednesday.
Citigroup's Boring Second Quarter Earnings and DOJ Settlement Cloud Its Long-Term Value Proposition
Kingkarn Amjaroen, The Motley Fool - Motley Fool - Wed Jul 16, 3:11PM CDT
Source: Company Citigroup reported earnings yesterday and surprised the market with a $7 billion settlement over rotten mortgage-backed securities with the Department of Justice. In addition, the bank delivered adjusted earnings which beat...
Most active New York Stock Exchange-traded stocks
AP - Wed Jul 16, 1:54PM 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 16, 1:54PM CDT
NEW YORK (AP) — Shares of some top banks companies are mixed at 1 p.m.:
Bank of America takes $4 billion litigation hit
By STEVE ROTHWELL - AP - Wed Jul 16, 1:44PM CDT
NEW YORK (AP) — Bank of America said Wednesday that its second-quarter earnings were hit by higher litigation expenses.
Intel's Earnings Blitz Leads the Dow's Rally
Dan Carroll, The Motley Fool - Motley Fool - Wed Jul 16, 1:31PM CDT
The market has roared higher today as the Dow Jones Industrial Average makes its way toward yet another record high. As of 2:15 p.m. EDT, the Dow has picked up more than 75 points, with most member stocks in the green. However, it's been big mover...
Bank of America Corp Earnings Report: Troubles Are Far From Over
Amanda Alix, The Motley Fool - Motley Fool - Wed Jul 16, 12:37PM CDT
Bank of America Corp reported second-quarter earnings earlier today, and the big bank showed an outstanding $0.12 earnings per share beat, while outshining expectations on revenue by $340 million. At first blush, this report seems to be a great...
Bank of America's Problem Isn't Too Many Lawyers, It's Too Few Customers
at The Street - Wed Jul 16, 12:37PM CDT
Litigation expenses dominate today's headlines. But the bad part is torpid growth in loans.
Fitch: Litigation Expenses Hide Improvements in Bank of America's Operations
Business Wire - Wed Jul 16, 12:16PM CDT
Bank of America Corporation's (BAC) stated second quarter 2014 (2Q'14) earnings of $2.3 billion were impacted by $4 billion of litigation charges, after having absorbed $6 billion of litigation charges in the sequential quarter. This latest charge masked what Fitch Ratings believes is some of the progress BAC has made in streamlining its franchise and improving its businesses. As such, notwithstanding the continued--and significant--litigation costs, Fitch views the quarter's results as incrementally positive.
BofA Q2 Weighed Down By Litigation As DOJ Deal Looms
at Investor's Business Daily - Wed Jul 16, 12:15PM CDT
The mortgage meltdown reached its nadir five years ago, but Bank of America (BAC) is still dealing with the legal headaches, which affected both its second-quarter earnings and led to its offer of $13 billion to get the Justice Department to back...
Why Bank Of America (BAC) Stock Continues To Fall Today
at The Street - Wed Jul 16, 11:46AM CDT
Bank of America (BAC) stock is down after the company reported a decline in net earnings and revenue for the 2014 second quarter.
Stock Market Today: Stocks Climb on Series of Deals, Buybacks, Takeover Bids
at The Street - Wed Jul 16, 11:26AM CDT
U.S. stock indices are marching higher Wednesday as Time Warner soars on reports that it's being courted by 21st Century Fox.
BofA Beats Earnings on Huge Adjustment, $650M AIG Settlement - Analyst Blog
Abhijit Ghosh - Zacks Investment Research - Wed Jul 16, 11:05AM CDT
BofA (BAC) witnessed improved credit quality and higher brokerage assets during the quarter. However, lower mortgage banking income and equity investment income were the downsides.
Early Glance: Banks companies
AP - Wed Jul 16, 10:11AM CDT
NEW YORK (AP) — Shares of some top banks companies are mixed at 10 a.m.:
Positive Start to Q2 Earnings - Ahead of Wall Street
Sheraz Mian - Zacks Investment Research - Wed Jul 16, 9:04AM CDT
Earnings remain front and center in today's session, with the finance-heavy results thus far largely in the "positive and reassuring" category.
