Bank of America asks court to toss $1.27B fine, reject judge
AP - 26 mins ago
NEW YORK (AP) — Bank of America has asked a federal appeals court in New York to toss out a $1.27 billion fine, saying a case against it stemming from the 2008 financial crisis should never have gone to trial.
BAC: 15.74 (+0.24)
Most active New York Stock Exchange-traded stocks
AP - 1 hr 58 mins ago
NEW YORK (AP) — A look at New York Stock Exchange 10 most-active stocks at the close of trading:
KO: 41.31 (+0.53), BTU: 4.87 (+0.06), GE: 26.91 (+0.29), V: 68.01 (+2.66), CHK: 14.41 (-0.16), EMC: 27.13 (+0.81), BAC: 15.74 (+0.24), CSX: 36.26 (+0.91), RAD: 8.32 (+0.39)
Final Glance: Banks companies
AP - 1 hr 59 mins ago
NEW YORK (AP) — Shares of some top banks companies were up at the close of trading:
C: 53.10 (+0.62), WFC: 54.67 (+0.39), BAC: 15.74 (+0.24), MS: 37.20 (+0.45)
Bank of America Snags Goldman Sachs Trader After Lackluster Quarter
at The Street - 2 hrs 26 mins ago
After a disappointing first quarter, is Bank of America looking to build up its trading business?
GS: 198.32 (+1.48), BAC: 15.74 (+0.24)
SmarTrend Watching for Potential Pullback in Shares of Bank of America After 1.55% Gain
Comtex SmarTrend(R) - Wed Apr 22, 3:53PM CDT
Bank of America (NYSE:BAC) traded in a range yesterday that spanned from a low of $15.49 to a high of $15.83. Yesterday, the shares gained 1.5%, which took the trading range above the 3-day high of $15.75 on volume of 72.9 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: 15.74 (+0.24)
Watch for Bank of America to Potentially Pullback After Gaining 1.55% Yesterday
Comtex SmarTrend(R) - Wed Apr 22, 3:53PM CDT
Bank of America (NYSE:BAC) traded in a range yesterday that spanned from a low of $15.49 to a high of $15.83. Yesterday, the shares gained 1.5%, which took the trading range above the 3-day high of $15.75 on volume of 72.9 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: 15.74 (+0.24)
Are Weak Earnings Here to Stay? - Earnings Outlook
Sheraz Mian - Zacks Investment Research - Wed Apr 22, 3:46PM CDT
Are Weak Earnings Here to Stay? - Earnings Outlook
GS: 198.32 (+1.48), JPM: 62.94 (+0.63), C: 53.10 (+0.62), BAC: 15.74 (+0.24)
Are Weak Earnings Here to Stay? - Earnings Trends
Sheraz Mian - Zacks Investment Research - Wed Apr 22, 3:46PM CDT
Are Weak Earnings Here to Stay? - Earnings Trends
GS: 198.32 (+1.48), JPM: 62.94 (+0.63), C: 53.10 (+0.62), BAC: 15.74 (+0.24)
Midday Glance: Banks companies
AP - Wed Apr 22, 12:39PM CDT
NEW YORK (AP) — Shares of some top banks companies are up at 1 p.m.:
C: 53.10 (+0.62), WFC: 54.67 (+0.39), BAC: 15.74 (+0.24), MS: 37.20 (+0.45)
The Biggest Mergers and Acquisitions in Banking
Matthew Frankel, The Motley Fool - Motley Fool - Wed Apr 22, 12:11PM CDT
Companies decide to merge and acquire rivals for several reasons, and one industry that has seen a lot of it over the years is the banking industry. Let's take a look at some of the biggest M&A deals in banking history, and what the future might...
JPM: 62.94 (+0.63), C: 53.10 (+0.62), WFC: 54.67 (+0.39), BAC: 15.74 (+0.24)
Bank of America (BAC) Crosses Pivot Point Resistance at $15.62
Comtex SmarTrend(R) - Wed Apr 22, 10:20AM CDT
Bank of America (NYSE:BAC) has opened bullishly above the pivot of $15.52 today and has reached the first level of resistance at $15.62. Should the shares continue to rise, the resistance pivots of $15.73 and $15.94 will be of interest.
BAC: 15.74 (+0.24)
Early Glance: Banks companies
AP - Wed Apr 22, 9:25AM CDT
NEW YORK (AP) — Shares of some top banks companies are mixed at 10 a.m.:
C: 53.10 (+0.62), WFC: 54.67 (+0.39), BAC: 15.74 (+0.24), MS: 37.20 (+0.45)
Q1 Earnings Weakness: One-Off or Lasting? - Ahead of Wall Street
Sheraz Mian - Zacks Investment Research - Wed Apr 22, 9:01AM CDT
The Q1 softness is prompting market participants to weigh whether this is a one-time weakness or the start of a more enduring 'earnings recession.'
KO: 41.31 (+0.53), MCD: 97.84 (+2.97), BAC: 15.74 (+0.24), BA: 151.19 (-2.14)
How to Invest Money in Banks
Matthew Frankel, The Motley Fool - Motley Fool - Wed Apr 22, 8:13AM CDT
Source: myfuture.com via Flickr. Six years after the financial crisis, many investors still shy away from the banking sector -- and who can blame them? Yet times have changed: Banks are much better capitalized, they've become more heavily...
TD: 45.68 (+0.12), GS: 198.32 (+1.48), USB: 42.83 (+0.33), C: 53.10 (+0.62), WFC: 54.67 (+0.39), BAC: 15.74 (+0.24), NBG: 1.19 (+0.12)
Quarterly Performance Review: Complementary Research on Bank of America, American Express, JPMorgan, Host Hotels and Resorts, and Wells Fargo
PR Newswire - Wed Apr 22, 6:30AM CDT
Editor Note: For more information about this release, please scroll to bottom.
HST: 20.62 (+0.07), JPM: 62.94 (+0.63), AXP: 78.44 (+1.16), WFC: 54.67 (+0.39), BAC: 15.74 (+0.24)
Decent Banking Earnings Fail to Energize Financial ETFs - ETF News And Commentary
Zacks Equity Research - Zacks Investment Research - Wed Apr 22, 6:00AM CDT
The banking sector kicked off the earnings season on a strong note with the majority of the big banking clan beating estimates on both lines. However, the same optimism was not reflected in the financial ETFs.
GS: 198.32 (+1.48), VFH: 49.57 (+0.31), JPM: 62.94 (+0.63), KBWB: 37.77 (+0.37), IAI: 42.98 (+0.41), C: 53.10 (+0.62), BAC: 15.74 (+0.24), WFC: 54.67 (+0.39), XLF: 24.28 (+0.17), IYG: 91.22 (+1.10), MS: 37.20 (+0.45)
U.S. Banks Now Less Risky Than European Peers
Markit - at Seeking Alpha - Wed Apr 22, 4:41AM CDT
Strong second quarter earnings and positive stress tests have helped reduce US banks' credit risk, while their European counterparts battle with further penalties and systemic risk. US banks have stood out as a bright spot this earnings season,...
GS: 198.32 (+1.48), JPM: 62.94 (+0.63), C: 53.10 (+0.62), BAC: 15.74 (+0.24), WFC: 54.67 (+0.39), MS: 37.20 (+0.45)