SmarTrend Watching for Potential Pullback in Shares of Bank of America After 1.27% Gain
Comtex SmarTrend(R) - 39 mins ago
Bank of America (NYSE:BAC) traded in a range yesterday that spanned from a low of $16.61 to a high of $16.80. Yesterday, the shares gained 1.3%, which took the trading range above the 3-day high of $16.73 on volume of 69.5 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
BAC: 16.80 (+0.21)
After Yesterday's Rally of 1.27% Shares Could Potentially Pullback
Comtex SmarTrend(R) - 40 mins ago
Bank of America (NYSE:BAC) traded in a range yesterday that spanned from a low of $16.61 to a high of $16.80. Yesterday, the shares gained 1.3%, which took the trading range above the 3-day high of $16.73 on volume of 69.5 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
BAC: 16.80 (+0.21)
At Long Last: VCs are Drawn to the Financial Services Sector
at The Street - 2 hrs 43 mins ago
Fintech may propel banking from the brick-and-mortar era into an app-driven future and early-stage investors have shed their traditional disdain for the sector.
JPM: 59.63 (+0.99), AXP: 88.01 (+1.38), C: 52.44 (+0.85), WFC: 51.78 (+0.47), BAC: 16.80 (+0.21), SA: 7.71 (+0.21)
Most active New York Stock Exchange-traded stocks
AP - Tue Oct 28, 12:26PM CDT
NEW YORK (AP) — A look at New York Stock Exchange 10 most-active stocks at 1 p.m.:
GE: 25.88 (+0.36), F: 14.16 (+0.34), CLV: 10.57 (+1.49), PFE: 29.09 (+0.06), MRK: 55.85 (-0.60), HAL: 53.26 (+0.87), GM: 31.17 (+1.09), CLF: 11.29 (+2.05), BAC: 16.80 (+0.21), TWTR: 43.78 (-4.78), DOW: 47.98 (+1.49), RAD: 5.06 (+0.26)
Midday Glance: Banks companies
AP - Tue Oct 28, 12:25PM CDT
NEW YORK (AP) — Shares of some top banks companies are up at 1 p.m.:
C: 52.44 (+0.85), WFC: 51.78 (+0.47), BAC: 16.80 (+0.21), MS: 34.36 (+0.40)
IPO Stock Watch: Yodlee Stock Up As Coverage Begins
at Investor's Business Daily - Tue Oct 28, 12:12PM CDT
Several analysts initiated coverage on financial software provider Yodlee on Tuesday, sending the stock up. Coverage was initiated as the quite period among its underwriters for Yodlee's initial public offering expired. Shares were up 8.5% in midday...
BAC: 16.80 (+0.21), YDLE: 15.34 (+0.75)
Watch for Shares of Bank of America (BAC) to Approach Resistance at $16.78
Comtex SmarTrend(R) - Tue Oct 28, 10:12AM CDT
Shares of Bank of America (NYSE:BAC) have bullishly opened above the pivot of $16.59 today and have reached the first resistance level of $16.69. Should the shares continue to rise, the resistance pivots of $16.78 and $16.97 will be of interest.
BAC: 16.80 (+0.21)
BioPharm Insight and Remark to Host Inaugural Healthcare Forum at the Alexandria Center for Life Science in New York
Business Wire - Tue Oct 28, 9:34AM CDT
BioPharm Insight - the premier source for breaking news about forward-looking drug developments and forecasting data for the financial services industry -- and Remark, producer of premium financial sector conferences around the globe, will host its first healthcare forum focusing on key financing concerns in the life sciences sector, including M&A activity, innovative financing trends and shareholder activism. Top executives from Bank of America/Merrill Lynch (NYSE: BAC), GE Healthcare (GE), UBS (UBS) and Goldman Sachs (GS) will all participate in panels on October 29 in New York.
BAC: 16.80 (+0.21)
Early Glance: Banks companies
AP - Tue Oct 28, 9:32AM CDT
NEW YORK (AP) — Shares of some top banks companies are mixed at 10 a.m.:
C: 52.44 (+0.85), WFC: 51.78 (+0.47), BAC: 16.80 (+0.21), MS: 34.36 (+0.40)
Why M&T Bank Is One of the Biggest Warren Buffett Stocks
Amanda Alix, The Motley Fool - Motley Fool - Tue Oct 28, 7:39AM CDT
Much has been made of Warren Buffett's investment in big banks like Bank of America and Wells Fargo , but less flashy banks also hold a special allure for the savvy billionaire. M&T Bank is one of those holdings that Buffett's Berkshire ...
MTB: 118.48 (+1.42), WFC: 51.78 (+0.47), BAC: 16.80 (+0.21), HCBK: 9.32 (+0.11)
Final Glance: Banks companies
AP - Mon Oct 27, 5:06PM CDT
NEW YORK (AP) — Shares of some top banks companies were mixed at the close of trading:
C: 52.44 (+0.85), WFC: 51.78 (+0.47), BAC: 16.80 (+0.21), MS: 34.36 (+0.40)
Is This Move By Fannie Mae and Freddie Mac a Mistake?
Amanda Alix, The Motley Fool - Motley Fool - Mon Oct 27, 1:01PM CDT
Housing is struggling, and mortgages are increasingly out of reach for many homebuyers. The possible connection between these two conditions has not gone unnoticed by the Federal Housing Finance Agency, regulator of mortgage heavies Fannie Mae and...
BAC: 16.80 (+0.21)
FINRA fines Merrill Lynch $6 million
AP - Mon Oct 27, 11:57AM CDT
WASHINGTON (AP) — The Financial Industry Regulatory Authority said Monday that it is fining Merrill Lynch a total of $6 million for violating certain short-selling rules.
BAC: 16.80 (+0.21)
3 Bank Stocks to Buy in November
Motley Fool Staff - Motley Fool - Mon Oct 27, 8:35AM CDT
So far in earnings season, the banking sector has posted pretty good results. And, thanks to the recent market sell-off, many bank stocks are now quite a bit cheaper than they were a few weeks ago. We asked three of our analysts what bank they...
TD: 49.00 (+0.75), USB: 41.54 (+0.58), C: 52.44 (+0.85), MTB: 118.48 (+1.42), BAC: 16.80 (+0.21)
Merrill Edge(R) Survey Finds Americans Feel Guilty About Not Investing Enough in 2014, Set Their Sights Higher for 2015
Business Wire - Mon Oct 27, 8:01AM CDT
Feelings of guilt over not investing enough this year outpace common year-end regrets such as poor eating and drinking choices, not sharing enough time with loved ones or spending too much money on oneself. These are among the insights revealed by Bank of America's latest Merrill Edge(R) Report released today.
BAC: 16.80 (+0.21)
The 3 Smartest Things You Can Do With Your Cash Right Now
Motley Fool Staff - Motley Fool - Sun Oct 26, 2:01PM CDT
Source: Flickr user Paul Townsend. Stock market gyrations making your stomach churn these days? You're probably not alone, as the VIX, a measure of volatility in the broad-based S&P 500 , has doubled over the past month. However,...
GS: 186.32 (+2.41), C: 52.44 (+0.85), BAC: 16.80 (+0.21), INTC: 33.74 (+0.54)
12 Words From Warren Buffett That Can Mint You a Fortune
John Maxfield, The Motley Fool - Motley Fool - Sun Oct 26, 12:01PM CDT
According to the world's best investor, Warren Buffett, the key to getting rich in the stock market can be summed up in 12 words: "Be fearful when others are greedy and greedy when others are fearful." Given how straightforward this advice is, you...
GS: 186.32 (+2.41), AXP: 88.01 (+1.38), WFC: 51.78 (+0.47), BAC: 16.80 (+0.21)
Federal Reserve to Big Banks: You're Doing a Terrible Job
Jay Jenkins, The Motley Fool - Motley Fool - Sun Oct 26, 10:34AM CDT
The Federal Reserve Bank of New York. Part of the government's response to the financial crisis was to implement a system of required stress tests for major U.S. banks. Banks with total assets in excess of $50 billion are required to conduct...
C: 52.44 (+0.85), BAC: 16.80 (+0.21)
Do Like These Companies: Keep a Cool Head and Profit
Todd Campbell, The Motley Fool - Motley Fool - Sun Oct 26, 8:16AM CDT
The market's been testing investor patience lately, and while it's common to hear the advice to buy low, sticking to one's guns and taking advantage of Mr. Market's inevitable drops is tough to do when the chips are down and losses are mounting. ...
GS: 186.32 (+2.41), BLK: 329.38 (+4.59), BAC: 16.80 (+0.21)