BofA ordered to pay $1.3 bil
at Investor's Business Daily - Wed Jul 30, 6:06PM CDT
U.S. District Judge Jed Rakoff in Manhattan ordered Bank of America's (BAC) Countrywide unit, once the largest U.S. mortgage lender, to pay $1.2 bil in penalties for defective mortgage loans sold to Fannie Mae and Freddie Mac in the run-up to the '08...
US judge slaps $1.3B fine on Bank of America
By KEN SWEET - AP - Wed Jul 30, 5:46PM CDT
NEW YORK (AP) — A federal judge imposed a $1.3 billion civil penalty against Bank of America on Wednesday for its role in selling risky mortgages to Fannie Mae and Freddie Mac that were advertised as safe investments.
Blonde Go-Getter Fined $1 Million in Bank of America Fraud Case
at The Street - Wed Jul 30, 5:44PM CDT
Rebecca Mairone, a mid-level Countrywide executive in a hurry in 2007 and 2008, will pay the government $1 million and face a public shaming that may be difficult to overcome.
Most active New York Stock Exchange-traded stocks
AP - Wed Jul 30, 5:02PM CDT
NEW YORK (AP) — A look at New York Stock Exchange 10 most-active stocks at the close of trading:
Final Glance: Banks companies
AP - Wed Jul 30, 5:02PM CDT
NEW YORK (AP) — Shares of some top banks companies were up at the close of trading:
Business Highlights
By The Associated Press - AP - Wed Jul 30, 4:36PM CDT
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Bank of America (BAC) Stock Rises After Federal Judge's Mortgage Case Ruling
at The Street - Wed Jul 30, 1:45PM CDT
Bank of America (BAC) rose Wednesday after a federal judge ruled the bank must pay $1.27 billion in penalties.
Midday Glance: Banks companies
AP - Wed Jul 30, 12:22PM CDT
NEW YORK (AP) — Shares of some top banks companies are mixed at 1 p.m.:
Bank of America Changes the Game With Preferred Rewards
Business Wire - Wed Jul 30, 10:00AM CDT
Preferred Rewards, a groundbreaking program that recognizes and rewards clients for choosing Bank of America for more of their banking and Merrill Edge for their investment needs, is now available for clients in California, Oregon, Arizona and Idaho. These states are within wave two of a four-wave national rollout of the program that began in June and will be completed in September.
Market Maker Surveillance Report. PFE, BAC, GE, BK, AAPL, MSFT, Highest Net Sell Volume and Negative Price Friction For Tuesday, July 29th 2014
M2 - Wed Jul 30, 9:44AM CDT
BUYINS.NET / www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for Tuesday. Since October 2008 market makers are now required to be on the bid as much as they are on the offer and for like amounts of stock. This Fair Market Making Requirement is designed to prevent market makers from manipulating stock prices. On Tuesday there were 4960 companies with "abnormal" market making, 1953 companies with positive Friction Factors and 2874 companies with negative Friction Factors. Here is a list of the top companies with the highest net sell volume on Tuesday and lowest negative price Friction (bearish). This means that there was more selling than buying in the stocks and their stock prices dropped faster with less Friction. Pfizer Inc (NYSE
Early Glance: Banks companies
AP - Wed Jul 30, 9:42AM CDT
NEW YORK (AP) — Shares of some top banks companies are up at 10 a.m.:
Will This Ratings Upgrade Help C.H. Robinson (CHRW) Stock Today?
at The Street - Wed Jul 30, 7:54AM CDT
C.H. Robinson Worldwide (CHRW) was upgraded to 'neutral' from 'underperform' at Bank of America/Merrill Lynch (BAC).
Why Twitter (TWTR) Stock Is Skyrocketing Today
at The Street - Wed Jul 30, 7:15AM CDT
Twitter (TWTR) stock is up in pre-market trading after the company posted better-than-expected second quarter earnings results yesterday.
Bank of America Set to Possibly Rebound After Yesterday's Selloff of 1.03%
Comtex SmarTrend(R) - Tue Jul 29, 3:44PM CDT
Bank of America (NYSE:BAC) traded in a range yesterday that spanned from a low of $15.34 to a high of $15.53. Yesterday, the shares fell 1.0%, which took the trading range below the 3-day low of $15.46 on volume of 50.9 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
SmarTrend Watching for Potential Rebound in Shares of Bank of America After 1.03% Loss
Comtex SmarTrend(R) - Tue Jul 29, 3:44PM CDT
Bank of America (NYSE:BAC) traded in a range yesterday that spanned from a low of $15.34 to a high of $15.53. Yesterday, the shares fell 1.0%, which took the trading range below the 3-day low of $15.46 on volume of 50.9 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.