Banks Immune to China Chaos: False Sense of Safety or Truth?
Zacks Equity Research - Zacks Investment Research - Wed Aug 26, 4:18PM CDT
All sectors in the S&P 500 index ended lower yesterday with the finance sector falling in the mid-range. With China's banking system largely closed to outsiders, exposure of major U.S. banks to their economy is limited.
GS: 184.40 (+6.18), JPM: 62.91 (+3.00), C: 52.28 (+2.40), BAC: 16.06 (+0.80), WFC: 52.30 (+2.28)
BNY Mellon Shows Immense Growth Prospects: Time to Buy?
Zacks Equity Research - Zacks Investment Research - Wed Aug 26, 2:15PM CDT
We issued an updated research report on The Bank of New York Mellon Corporation (BK) on Aug 25, 2015. The NY-based lender startled the market with its robust performance in the second quarter.
SFST: 20.21 (-0.01), C: 52.28 (+2.40), BAC: 16.06 (+0.80), BK: 39.47 (+1.69)
Bank of America Is a Buy on the Way Down
at The Street - Wed Aug 26, 1:37PM CDT
Bank of America has mounted a solid bounce off Monday's spike low but remains heavily damaged.
BAC: 16.06 (+0.80)
Texas Capital Depicts Organic Growth; Time to Hold?
Zacks Equity Research - Zacks Investment Research - Wed Aug 26, 10:30AM CDT
On Aug 25, 2015, we issued an updated research report on Texas Capital BancShares Inc. (TCBI). We believe organic growth backed by consistent top-line growth and increasing loans and deposits balances remain the growth drivers for the company.
C: 52.28 (+2.40), BAC: 16.06 (+0.80), BK: 39.47 (+1.69), TCBI: 50.04 (+1.83)
Upgrade Alert for Bank of America (BAC)
Comtex SmarTrend(R) - Wed Aug 26, 7:16AM CDT
Bank of America (NYSE:BAC) was upgraded from Neutral to Buy at UBS today. The stock closed yesterday at $15.26 on volume of 192.5 million shares, above average daily volume of 89.4 million. Over the past year, Bank of America has traded in a range of $14.60 to $18.48 and closed yesterday at $15.26, 5% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has declined 0.7%.
BAC: 16.06 (+0.80)
'Fast Money' Recap: Time to Wait for Things to Calm Down
at The Street - Wed Aug 26, 4:00AM CDT
The trading panel discussed Tuesday's 'scary' market, whether to buy Macy's and sell Apple.
JPM: 62.91 (+3.00), C: 52.28 (+2.40), M: 58.72 (+1.95), BAC: 16.06 (+0.80), AAPL: 109.69 (+5.95)
BNY Mellon Down 7%: Time to Own It?
Zacks Equity Research - Zacks Investment Research - Tue Aug 25, 4:19PM CDT
With impressive performance history and strong fundamentals to ensure continuation of the same in future, BNY Mellon (BK) signals the right time to add it to your portfolio.
NTRS: 68.02 (+2.77), C: 52.28 (+2.40), BAC: 16.06 (+0.80), BK: 39.47 (+1.69)
Best Buy and DSW are big market movers
AP - Tue Aug 25, 3:37PM CDT
NEW YORK (AP) — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:
MDT: 72.24 (+2.36), EXC: 31.44 (+1.04), PFE: 32.43 (+1.09), GAS: 60.79 (-0.05), SAFM: 68.19 (+0.35), BBY: 35.25 (+2.30), BAC: 16.06 (+0.80), EPZM: 17.52 (+0.48), BA: 129.34 (+3.85), SO: 43.61 (+1.11), ECA.TO: 8.34 (+0.34), HSP: 89.84 (+0.01), CIE: 7.92 (-0.02), EXCU: 46.82 (+1.31), DSW: 28.67 (+1.32), ECA: 6.26 (+0.27), POM: 23.40 (+0.89), WB: 11.00 (+0.34), CVX: 73.09 (+3.07)
6 Reasons to Add Northern Trust (NTRS) to Your Portfolio
Zacks Equity Research - Zacks Investment Research - Tue Aug 25, 3:20PM CDT
Amid recent global turmoil, most of the stocks trending lower on anxiety among investors. We believe this creates a buying opportunity for long-term horses.
NTRS: 68.02 (+2.77), C: 52.28 (+2.40), BAC: 16.06 (+0.80), BK: 39.47 (+1.69)
Apple Spikes On Upgrade; BofA, JPMorgan Also Pop
at Investor's Business Daily - Tue Aug 25, 3:18PM CDT
Apple's (AAPL) stock price initially shot up Tuesday following an analyst upgrade while megabanks Bank of America (BAC) and JPMorgan Chase (JPM) also received positive marks. Apple was upgraded to outperform by Wells Fargo, which said a recent...
BCS: 15.90 (+0.38), JPM: 62.91 (+3.00), EXPD: 48.94 (+1.45), AEO: 16.73 (+0.76), GRMN: 37.72 (+1.02), STI: 39.03 (+1.39), BAC: 16.06 (+0.80), AAPL: 109.69 (+5.95), ADBE: 77.33 (+2.76)
Goldman (GS) Depicts Uptrend: Should You Buy More?
Zacks Equity Research - Zacks Investment Research - Tue Aug 25, 3:15PM CDT
On Aug 24, 2015, we issued an updated research report on The Goldman Sachs Group, Inc. (GS). Shares of this New York-based investment manager have recorded a one-year return of 2.2%.
GS: 184.40 (+6.18), C: 52.28 (+2.40), BAC: 16.06 (+0.80), BK: 39.47 (+1.69)
BofA Sinks to 52-Week Low: A Solid Buying Opportunity?
Zacks Equity Research - Zacks Investment Research - Tue Aug 25, 2:25PM CDT
BofA touched its 52-week low of $14.60 per share on Aug 24. Though the stock recovered somewhat and closed the session at $15.29 per share, we believe this is an attractive entry point for investors.
NTRS: 68.02 (+2.77), C: 52.28 (+2.40), BAC: 16.06 (+0.80), BK: 39.47 (+1.69)
Which Is Better, a Stock Market Bubble or a Real Estate Bubble?
at The Street - Tue Aug 25, 12:00PM CDT
Comparing stocks to property is meaningless.
AMZN: 500.77 (+34.40), BAC: 16.06 (+0.80), GOOGL: 659.74 (+47.27), BRK.A: 200,499.92 (+6,300.00)
Bank of America (BAC) Breaks Through Resistance at $15.98
Comtex SmarTrend(R) - Tue Aug 25, 9:33AM CDT
Shares of Bank of America (NYSE:BAC) have bullishly opened above the pivot of $15.29 today and have reached the first resistance level of $15.98. Should the shares continue to rise, the resistance pivots of $16.67 and $18.05 will be of interest.
BAC: 16.06 (+0.80)
Bank of America (BAC) is Oversold: Can It Recover?
Zacks Equity Research - Zacks Investment Research - Tue Aug 25, 7:48AM CDT
Bank of America (BAC) is Oversold: Can It Recover?
BAC: 16.06 (+0.80)
3 Ways the Internet of Things Will Change Bank of America and Citigroup
Jay Jenkins, The Motley Fool - Motley Fool - Tue Aug 25, 6:40AM CDT
Wouldn't it be nice if there was an easier way to do business with your bank? Easier than online banking and mobile apps? More convenient that heading into the branch? A smarter, faster, and more efficient process to get a loan, make a deposit, and...
C: 52.28 (+2.40), BAC: 16.06 (+0.80)