News Topic - Bank of America
Articles 71 - 80 of most recent articles
Bank of America hit with second-quarter profit decline, but still beats forecasts
Second-quarter net income for the bank fell to $3.41 billion, or 72 cents a share, from $5.76 billion, or $1.28, a year earlier.
International Herald Tribune – Jul 21, 2008 1:52 PM [GMT] ¦ comment?
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Second-quarter net income for the bank fell to $3.41 billion, or 72 cents a share, from $5.76 billion, or $1.28, a year earlier.
International Herald Tribune – Jul 21, 2008 1:52 PM [GMT] ¦ comment?
found in Business
Stocks Rise on Earnings
The major indexes were higher after Bank of America reported Q2 results above Wall Street estimates.
SmartMoney.com – Jul 21, 2008 1:51 PM [GMT] ¦ comment?
found in Business: Markets
The major indexes were higher after Bank of America reported Q2 results above Wall Street estimates.
SmartMoney.com – Jul 21, 2008 1:51 PM [GMT] ¦ comment?
found in Business: Markets
Stocks climb in early going
Stocks opened higher Monday as investors cheered better-than-expected Bank of America results, soothing jitters about the battered financial sector in the wake of the mortgage meltdown.
CNN.com – Jul 21, 2008 1:49 PM [GMT] ¦ comment?
found in Business: Markets
Stocks opened higher Monday as investors cheered better-than-expected Bank of America results, soothing jitters about the battered financial sector in the wake of the mortgage meltdown.
CNN.com – Jul 21, 2008 1:49 PM [GMT] ¦ comment?
found in Business: Markets
Bank of America's results boost financials in early trade
NEW YORK (MarketWatch) -- Shares of Bank of America rose almost 10% to $30.03 in early action Monday as traders reacted to news that the banks's second-quarter profit fell less than analysts estimated. Fannie Mae and Freddie Mac led financials higher as shares of both U.S. mortgage giants rose over 10%. The Financial Select Sector SPDR , an ETF that tracks financial stocks in the S&P 500, gained over 2%, while the Amex Securities Broker/Dealer Index inched upwards 0.5%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
MarketWatch.com – Jul 21, 2008 1:38 PM [GMT] ¦ comment?
found in Business: Markets
NEW YORK (MarketWatch) -- Shares of Bank of America rose almost 10% to $30.03 in early action Monday as traders reacted to news that the banks's second-quarter profit fell less than analysts estimated. Fannie Mae and Freddie Mac led financials higher as shares of both U.S. mortgage giants rose over 10%. The Financial Select Sector SPDR , an ETF that tracks financial stocks in the S&P 500, gained over 2%, while the Amex Securities Broker/Dealer Index inched upwards 0.5%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
MarketWatch.com – Jul 21, 2008 1:38 PM [GMT] ¦ comment?
found in Business: Markets
U.S. stocks begin ahead on BofA results and M&A activity
NEW YORK (MarketWatch) - U.S. stocks on Monday started higher after Bank of America Corp.'s earnings topped forecasts, giving a lift to financial shares, and Roche Holding AG offered $43.7 billion for the piece of Genentrech Inc. that it doesn't already own. The Dow Jones Industrial Average gained 36.48 points to 11,533.05. The S&P 500 rose 3.86 points to 1,264.53, while the Nasdaq Composite advanced 5.92 points to 2,288.70.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
MarketWatch.com – Jul 21, 2008 1:36 PM [GMT] ¦ comment?
found in Business: Markets
NEW YORK (MarketWatch) - U.S. stocks on Monday started higher after Bank of America Corp.'s earnings topped forecasts, giving a lift to financial shares, and Roche Holding AG offered $43.7 billion for the piece of Genentrech Inc. that it doesn't already own. The Dow Jones Industrial Average gained 36.48 points to 11,533.05. The S&P 500 rose 3.86 points to 1,264.53, while the Nasdaq Composite advanced 5.92 points to 2,288.70.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
MarketWatch.com – Jul 21, 2008 1:36 PM [GMT] ¦ comment?
found in Business: Markets
Bank of America’s profit off 41 percent
Bank of America Corp. said Monday its profit fell 41 percent in the second quarter, hurt by a big increase in bad debts tied to falling home prices and a slowing economy.
MSNBC.com – Jul 21, 2008 1:19 PM [GMT] ¦ comment?
found in Business
Bank of America Corp. said Monday its profit fell 41 percent in the second quarter, hurt by a big increase in bad debts tied to falling home prices and a slowing economy.
MSNBC.com – Jul 21, 2008 1:19 PM [GMT] ¦ comment?
found in Business
Bank of America beats expectations
Bank of America said second quarter earnings fell 41 per cent to $3.41bn but still easily beat expectations on record revenues of $20.32bn
Financial Times – Jul 21, 2008 1:01 PM [GMT] ¦ comment?
found in Business: Companies
Bank of America said second quarter earnings fell 41 per cent to $3.41bn but still easily beat expectations on record revenues of $20.32bn
Financial Times – Jul 21, 2008 1:01 PM [GMT] ¦ comment?
found in Business: Companies
BofA earnings and deal news lifts Wall Street
US stocks were set for modest gains after profits fell less than expected at Bank of America and some deal news in the pharmaceuticals sector cheered investors
Financial Times – Jul 21, 2008 12:53 PM [GMT] ¦ comment?
found in Business: Markets
US stocks were set for modest gains after profits fell less than expected at Bank of America and some deal news in the pharmaceuticals sector cheered investors
Financial Times – Jul 21, 2008 12:53 PM [GMT] ¦ comment?
found in Business: Markets
Movers & Shakers: Monday's biggest gaining and declining stocks
Among the companies whose shares are expected to see active trade in Monday’s session are Bank of America, Genentech, Apple and Yahoo.
MarketWatch.com – Jul 21, 2008 12:46 PM [GMT] ¦ comment?
found in Business
Among the companies whose shares are expected to see active trade in Monday’s session are Bank of America, Genentech, Apple and Yahoo.
MarketWatch.com – Jul 21, 2008 12:46 PM [GMT] ¦ comment?
found in Business
Treasurys edge down after Bank of America results
NEW YORK (MarketWatch) -- Treasurys declined early Monday, pushing yields higher for a third day, after Bank of America reported better-than-expected second quarter earnings, easing the perceived risks in the financial system. Two-year note yields rose 4 basis points to 2.68%. The Conference Board's index of leading indicators is due to be released at 10 a.m. Eastern. Short-term debt in particular may be under pressure ahead of the Treasury Department's announcement of how much in two-year and five-year securities it will auction this week. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
MarketWatch.com – Jul 21, 2008 12:43 PM [GMT] ¦ comment?
found in Business: Markets
NEW YORK (MarketWatch) -- Treasurys declined early Monday, pushing yields higher for a third day, after Bank of America reported better-than-expected second quarter earnings, easing the perceived risks in the financial system. Two-year note yields rose 4 basis points to 2.68%. The Conference Board's index of leading indicators is due to be released at 10 a.m. Eastern. Short-term debt in particular may be under pressure ahead of the Treasury Department's announcement of how much in two-year and five-year securities it will auction this week. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
MarketWatch.com – Jul 21, 2008 12:43 PM [GMT] ¦ comment?
found in Business: Markets