Bank of America Corp (BAC) 13.39 $BAC
Money Center Banks Equities at a Glance -- Bank of America, Citigroup, Wells Fargo, and JPMorgan Chase
PR Newswire - 50 mins ago
On Tuesday, July 12, 2016, the NASDAQ Composite ended the trading session at 5,022.82, up 0.69%; the Dow Jones Industrial Average edged 0.66% higher, to finish at 18,347.67; and the S&P 500 closed at 2,152.14, up 0.70%. The gains were broad based as eight out of nine sectors ended the session in positive. Stock-Callers.com has initiated coverage on the following equities: Bank of America Corporation (NYSE: BAC), Citigroup Inc. (NYSE: C), Wells Fargo & Company (NYSE: WFC), and JPMorgan Chase & Company (NYSE: JPM). Learn more about these stocks by accessing their free notes at:
JPM: 62.82 (-0.38), C: 43.16 (-0.28), WFC: 48.06 (-0.29), BAC: 13.39 (-0.15)
Stock Market News for July 12, 2016
Zacks Equity Research - Zacks Investment Research - Tue Jul 12, 9:10AM CDT
Benchmarks started the week in positive territory following continuing positive impact of Friday’s encouraging job data on investor sentiment
MMM: 179.00 (-0.16), GS: 156.80 (-0.12), JPM: 62.82 (-0.38), IBM: 157.32 (+0.28), FB: 117.85 (-0.08), UTX: 104.79 (+0.29), C: 43.16 (-0.28), GOOGL: 733.53 (+1.02), WFC: 48.06 (-0.29), BAC: 13.39 (-0.15), AAPL: 97.29 (-0.13)
FactSet's Asset Sales Boost Investor Value, Q4 View Revised
Zacks Equity Research - Zacks Investment Research - Mon Jul 11, 8:55AM CDT
Last week, FactSet Research Systems Inc. (FDS) announced the completion of the sale of Market Metrics and Matrix Solutions businesses to Asset International, a portfolio company of Genstar Capital.
BR: 67.08 (+0.11), BAC: 13.39 (-0.15), TRI: 42.21 (+0.09), FDS: 165.31 (+0.19)
Buy 5 Mutual Funds with Dividend Yields Over 5%
Zacks Equity Research - Zacks Investment Research - Mon Jul 11, 8:48AM CDT
Thanks to the fall in bond yields, dividend paying mutual funds are more attractive now.
C: 43.16 (-0.28), BAC: 13.39 (-0.15)
The Zacks Analyst Blog Highlights: Bank of America, Wells Fargo, JPMorgan Chase, Citigroup and PNC Financial Services Group
Zacks Equity Research - Zacks Investment Research - Mon Jul 11, 8:30AM CDT
The Zacks Analyst Blog Highlights: Bank of America, Wells Fargo, JPMorgan Chase, Citigroup and PNC Financial Services Group
JPM: 62.82 (-0.38), C: 43.16 (-0.28), WFC: 48.06 (-0.29), BAC: 13.39 (-0.15), PNC: 81.70 (-0.64)
Robust hiring gain in June points to a resilient US economy
By CHRISTOPHER S. RUGABER - AP - Fri Jul 08, 3:33PM CDT
WASHINGTON (AP) — A burst of hiring in June provided a reassuring sign that the U.S. economy will likely withstand global weakness that may be magnified by Britain's decision to leave the European Union.
BAC: 13.39 (-0.15)
Bank Stock Roundup: Brexit Concerns Persist; JPMorgan & Citigroup in Focus
Zacks Equity Research - Zacks Investment Research - Fri Jul 08, 3:15PM CDT
Though investors' confidence received a boost with most banks getting the 2016 capital plan approval, concerns over Brexit continued to weigh on the stocks.
JPM: 62.82 (-0.38), USB: 40.51 (-0.16), BAC: 13.39 (-0.15), WFC: 48.06 (-0.29), PNC: 81.70 (-0.64), OZRK: 40.40 (+0.18)
Downgrade Alert for Bank of America (BAC)
Comtex SmarTrend(R) - Fri Jul 08, 3:32AM CDT
Bank of America (NYSE:BAC) was downgraded from Outperform to Market Perform at Raymond James today. The stock closed yesterday at $13.01 on volume of 100.6 million shares, above average daily volume of 93.1 million. In the past 52 weeks, shares of Bank of America have traded between a low of $10.99 and a high of $18.48 and closed yesterday at $13.01, which is 18% above that low price. The 200-day and 50-day moving averages have moved 0.48% lower and 1.23% higher over the past week, respectively.
BAC: 13.39 (-0.15)
The Latest: EU's Tusk hints at chance for UK to stay in EU
AP - Thu Jul 07, 3:14PM CDT
LONDON (AP) — The Latest on Britain's vote to leave the European Union (all times local):
JPM: 62.82 (-0.38), BAC: 13.39 (-0.15), MS: 27.07 (-0.30)
Germany predicts drop in exports to Britain due to EU exit
AP - Thu Jul 07, 9:45AM CDT
BERLIN (AP) — German exports to Britain are forecast to fall both this year and in 2017 due to the country's vote to leave the European Union, a business group said Thursday.
JPM: 62.82 (-0.38), BAC: 13.39 (-0.15), MS: 27.07 (-0.30)
Markets Right Now: US stocks shake off a stumble, end higher
AP - Wed Jul 06, 3:12PM CDT
NEW YORK (AP) — The latest on developments in global financial markets (all times local):
C: 43.16 (-0.28), BAC: 13.39 (-0.15)
Bank of America Set to Possibly Rebound After Yesterday's Selloff of 2.75%
Comtex SmarTrend(R) - Tue Jul 05, 11:53AM CDT
Bank of America (NYSE:BAC) traded in a range yesterday that spanned from a low of $12.67 to a high of $12.94. Yesterday, the shares fell 2.7%, which took the trading range below the 3-day low of $12.92 on volume of 54.2 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
BAC: 13.39 (-0.15)
Look for Shares of Bank of America to Potentially Rebound after Yesterday's 2.75% Sell Off
Comtex SmarTrend(R) - Tue Jul 05, 11:51AM CDT
Bank of America (NYSE:BAC) traded in a range yesterday that spanned from a low of $12.67 to a high of $12.94. Yesterday, the shares fell 2.7%, which took the trading range below the 3-day low of $12.92 on volume of 54.2 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
BAC: 13.39 (-0.15)
Brexit Drags Mortgage Rates Down, Will They Hit Rock Bottom?
Zacks Equity Research - Zacks Investment Research - Tue Jul 05, 9:24AM CDT
The Brexit aftermath has rattled the stock market and led to decline in mortgage rates. While lower mortgage rates have been affecting retirement accounts, they are helping people seeking to refinance their home loans.
NLY: 10.79 (-0.06), AGNC: 19.12 (-0.12), BAC: 13.39 (-0.15), WFC: 48.06 (-0.29)
Bank of America (BAC) Crosses Pivot Point Support at $12.99
Comtex SmarTrend(R) - Tue Jul 05, 8:34AM CDT
Shares of Bank of America (NYSE:BAC) have bearishly opened below the pivot of $13.13 today and have reached the first support level of $12.99. Should the shares continue to fall, the support pivots of $12.88 and $12.63 will be of interest.
BAC: 13.39 (-0.15)
The Zacks Analyst Blog Highlights: Wells Fargo, Citigroup, JPMorgan Chase, Bank of America and U.S. Bancorp
Zacks Equity Research - Zacks Investment Research - Tue Jul 05, 8:30AM CDT
The Zacks Analyst Blog Highlights: Wells Fargo, Citigroup, JPMorgan Chase, Bank of America and U.S. Bancorp
JPM: 62.82 (-0.38), USB: 40.51 (-0.16), C: 43.16 (-0.28), BAC: 13.39 (-0.15), WFC: 48.06 (-0.29)
Bank Stock Roundup: Capital Plans Get Fed's Nod; Citi & Wells Fargo in Focus
Zacks Equity Research - Zacks Investment Research - Fri Jul 01, 1:14PM CDT
Major banks witnessed a bullish trend over the last five trading sessions, driven by the Fed's approval of the banks' 2016 capital plans.
COF: 67.07 (-0.78), JPM: 62.82 (-0.38), USB: 40.51 (-0.16), C: 43.16 (-0.28), BAC: 13.39 (-0.15), WFC: 48.06 (-0.29), PNC: 81.70 (-0.64), BK: 39.12 (-0.25)
BancorpSouth Agrees to Settle Suit on Unfair Lending Actions
Zacks Equity Research - Zacks Investment Research - Thu Jun 30, 4:26PM CDT
On Wednesday, BancorpSouth, Inc. (BXS) agreed to settle the lawsuit for $10.6 million under which the bank was being sued for encouraging discriminatory mortgage lending practices.
BXS: 23.01 (-0.18), JPM: 62.81 (-0.39), C: 43.16 (-0.28), BAC: 13.39 (-0.15)
Money Center Banks Equities at a Glance -- Bank of America, Citigroup, Wells Fargo, and JPMorgan Chase
PR Newswire - 50 mins ago
On Tuesday, July 12, 2016, the NASDAQ Composite ended the trading session at 5,022.82, up 0.69%; the Dow Jones Industrial Average edged 0.66% higher, to finish at 18,347.67; and the S&P 500 closed at 2,152.14, up 0.70%. The gains were broad based as eight out of nine sectors ended the session in positive. Stock-Callers.com has initiated coverage on the following equities: Bank of America Corporation (NYSE: BAC), Citigroup Inc. (NYSE: C), Wells Fargo & Company (NYSE: WFC), and JPMorgan Chase & Company (NYSE: JPM). Learn more about these stocks by accessing their free notes at:
JPM: 62.82 (-0.38), C: 43.16 (-0.28), WFC: 48.06 (-0.29), BAC: 13.39 (-0.15)
Stock Market News for July 12, 2016
Zacks Equity Research - Zacks Investment Research - Tue Jul 12, 9:10AM CDT
Benchmarks started the week in positive territory following continuing positive impact of Friday’s encouraging job data on investor sentiment
MMM: 179.00 (-0.16), GS: 156.80 (-0.12), JPM: 62.82 (-0.38), IBM: 157.32 (+0.28), FB: 117.85 (-0.08), UTX: 104.79 (+0.29), C: 43.16 (-0.28), GOOGL: 733.53 (+1.02), WFC: 48.06 (-0.29), BAC: 13.39 (-0.15), AAPL: 97.29 (-0.13)
FactSet's Asset Sales Boost Investor Value, Q4 View Revised
Zacks Equity Research - Zacks Investment Research - Mon Jul 11, 8:55AM CDT
Last week, FactSet Research Systems Inc. (FDS) announced the completion of the sale of Market Metrics and Matrix Solutions businesses to Asset International, a portfolio company of Genstar Capital.
BR: 67.08 (+0.11), BAC: 13.39 (-0.15), TRI: 42.21 (+0.09), FDS: 165.31 (+0.19)
Buy 5 Mutual Funds with Dividend Yields Over 5%
Zacks Equity Research - Zacks Investment Research - Mon Jul 11, 8:48AM CDT
Thanks to the fall in bond yields, dividend paying mutual funds are more attractive now.
C: 43.16 (-0.28), BAC: 13.39 (-0.15)
The Zacks Analyst Blog Highlights: Bank of America, Wells Fargo, JPMorgan Chase, Citigroup and PNC Financial Services Group
Zacks Equity Research - Zacks Investment Research - Mon Jul 11, 8:30AM CDT
The Zacks Analyst Blog Highlights: Bank of America, Wells Fargo, JPMorgan Chase, Citigroup and PNC Financial Services Group
JPM: 62.82 (-0.38), C: 43.16 (-0.28), WFC: 48.06 (-0.29), BAC: 13.39 (-0.15), PNC: 81.70 (-0.64)
Robust hiring gain in June points to a resilient US economy
By CHRISTOPHER S. RUGABER - AP - Fri Jul 08, 3:33PM CDT
WASHINGTON (AP) — A burst of hiring in June provided a reassuring sign that the U.S. economy will likely withstand global weakness that may be magnified by Britain's decision to leave the European Union.
BAC: 13.39 (-0.15)
Bank Stock Roundup: Brexit Concerns Persist; JPMorgan & Citigroup in Focus
Zacks Equity Research - Zacks Investment Research - Fri Jul 08, 3:15PM CDT
Though investors' confidence received a boost with most banks getting the 2016 capital plan approval, concerns over Brexit continued to weigh on the stocks.
JPM: 62.82 (-0.38), USB: 40.51 (-0.16), BAC: 13.39 (-0.15), WFC: 48.06 (-0.29), PNC: 81.70 (-0.64), OZRK: 40.40 (+0.18)
Downgrade Alert for Bank of America (BAC)
Comtex SmarTrend(R) - Fri Jul 08, 3:32AM CDT
Bank of America (NYSE:BAC) was downgraded from Outperform to Market Perform at Raymond James today. The stock closed yesterday at $13.01 on volume of 100.6 million shares, above average daily volume of 93.1 million. In the past 52 weeks, shares of Bank of America have traded between a low of $10.99 and a high of $18.48 and closed yesterday at $13.01, which is 18% above that low price. The 200-day and 50-day moving averages have moved 0.48% lower and 1.23% higher over the past week, respectively.
BAC: 13.39 (-0.15)
The Latest: EU's Tusk hints at chance for UK to stay in EU
AP - Thu Jul 07, 3:14PM CDT
LONDON (AP) — The Latest on Britain's vote to leave the European Union (all times local):
JPM: 62.82 (-0.38), BAC: 13.39 (-0.15), MS: 27.07 (-0.30)
Germany predicts drop in exports to Britain due to EU exit
AP - Thu Jul 07, 9:45AM CDT
BERLIN (AP) — German exports to Britain are forecast to fall both this year and in 2017 due to the country's vote to leave the European Union, a business group said Thursday.
JPM: 62.82 (-0.38), BAC: 13.39 (-0.15), MS: 27.07 (-0.30)
Markets Right Now: US stocks shake off a stumble, end higher
AP - Wed Jul 06, 3:12PM CDT
NEW YORK (AP) — The latest on developments in global financial markets (all times local):
C: 43.16 (-0.28), BAC: 13.39 (-0.15)
Bank of America Set to Possibly Rebound After Yesterday's Selloff of 2.75%
Comtex SmarTrend(R) - Tue Jul 05, 11:53AM CDT
Bank of America (NYSE:BAC) traded in a range yesterday that spanned from a low of $12.67 to a high of $12.94. Yesterday, the shares fell 2.7%, which took the trading range below the 3-day low of $12.92 on volume of 54.2 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
BAC: 13.39 (-0.15)
Look for Shares of Bank of America to Potentially Rebound after Yesterday's 2.75% Sell Off
Comtex SmarTrend(R) - Tue Jul 05, 11:51AM CDT
Bank of America (NYSE:BAC) traded in a range yesterday that spanned from a low of $12.67 to a high of $12.94. Yesterday, the shares fell 2.7%, which took the trading range below the 3-day low of $12.92 on volume of 54.2 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
BAC: 13.39 (-0.15)
Brexit Drags Mortgage Rates Down, Will They Hit Rock Bottom?
Zacks Equity Research - Zacks Investment Research - Tue Jul 05, 9:24AM CDT
The Brexit aftermath has rattled the stock market and led to decline in mortgage rates. While lower mortgage rates have been affecting retirement accounts, they are helping people seeking to refinance their home loans.
NLY: 10.79 (-0.06), AGNC: 19.12 (-0.12), BAC: 13.39 (-0.15), WFC: 48.06 (-0.29)
Bank of America (BAC) Crosses Pivot Point Support at $12.99
Comtex SmarTrend(R) - Tue Jul 05, 8:34AM CDT
Shares of Bank of America (NYSE:BAC) have bearishly opened below the pivot of $13.13 today and have reached the first support level of $12.99. Should the shares continue to fall, the support pivots of $12.88 and $12.63 will be of interest.
BAC: 13.39 (-0.15)
The Zacks Analyst Blog Highlights: Wells Fargo, Citigroup, JPMorgan Chase, Bank of America and U.S. Bancorp
Zacks Equity Research - Zacks Investment Research - Tue Jul 05, 8:30AM CDT
The Zacks Analyst Blog Highlights: Wells Fargo, Citigroup, JPMorgan Chase, Bank of America and U.S. Bancorp
JPM: 62.82 (-0.38), USB: 40.51 (-0.16), C: 43.16 (-0.28), BAC: 13.39 (-0.15), WFC: 48.06 (-0.29)
Bank Stock Roundup: Capital Plans Get Fed's Nod; Citi & Wells Fargo in Focus
Zacks Equity Research - Zacks Investment Research - Fri Jul 01, 1:14PM CDT
Major banks witnessed a bullish trend over the last five trading sessions, driven by the Fed's approval of the banks' 2016 capital plans.
COF: 67.07 (-0.78), JPM: 62.82 (-0.38), USB: 40.51 (-0.16), C: 43.16 (-0.28), BAC: 13.39 (-0.15), WFC: 48.06 (-0.29), PNC: 81.70 (-0.64), BK: 39.12 (-0.25)
BancorpSouth Agrees to Settle Suit on Unfair Lending Actions
Zacks Equity Research - Zacks Investment Research - Thu Jun 30, 4:26PM CDT
On Wednesday, BancorpSouth, Inc. (BXS) agreed to settle the lawsuit for $10.6 million under which the bank was being sued for encouraging discriminatory mortgage lending practices.
BXS: 23.01 (-0.18), JPM: 62.81 (-0.39), C: 43.16 (-0.28), BAC: 13.39 (-0.15)
