Bank of america Stories
Hacker group plans BofA e-mail release Monday
Anonymous, a hacker group sympathetic to WikiLeaks, plans to release e-mails obtained from Bank of America Corp early Monday morning, according to posts on the group's Twitter feed.
Critics question Japan’s nuclear safety policy
The massive earthquake in the Japan and the vulnerability of its nuclear energy sector has raised serious questions about the nation’s preparedness for such a catastrophe and its basic nuclear policy.
Global Markets overview 11/03/2011
U.S. stocks plunged on Thursday as weaker-than-expected economic reports from both domestic and overseas coupled with fears over the impact on oil price by pervasive unrest in the Middle East and North Africa weighed on the sentiment.
US stocks plunge on disappointing economic news?
U.S. stocks plunged on Thursday as weaker-than-expected economic reports from both domestic and overseas coupled with fears over the impact on oil price by pervasive unrest in the Middle East and North Africa weighed on the sentiment.
Class-action settlements tied to SEC cases grow
Settlements of securities fraud lawsuits are increasingly tied to U.S. Securities and Exchange Commission cases, a trend likely to continue as the agency increases enforcement activity, a new report shows.
Global Markets overview 09/03/2011
U.S. stocks ended higher on Tuesday, as oil prices eased to below $105 a barrel and financials rallied on upbeat profit forecast from the Bank of America.
US stocks end higher as oil drops; banks rally
U.S. stocks ended higher on Tuesday, as oil prices eased to below $105 a barrel and financials rallied on upbeat profit forecast from Bank of America.
World Market Overview 09/03/2011
U.S. stocks rallied on the back of strength in financial shares after a drop in oil prices on reports that Libyan leader Moammar Gaddafi may be negotiating an exit from the country.
U.S. stocks rally as oil drops on Gaddafi exit deal reports; strong bank shares
U.S. stocks rallied on the back of strength in financial shares are a drop in oil prices on reports that Libyan leader Moammar Gaddafi may be negotiating an exit from the country.
Bank of America long-term profit forecast cheers investors
Bank of America Corp expects to get past large mortgage losses over the next few years and reach pretax profits of as much as $40 billion annually, its chief executive said.
Global Markets Overview 08/03/2011
U.S. stocks advanced on Tuesday as oil prices eased to below $105 a barrel and financials rallied after Bank of America announced plans to increase dividends in the second half of the year.
US stocks gain as oil retreats, banks rally
U.S. stocks advanced on Tuesday as oil prices eased to below $105 a barrel and financials rallied after Bank of America announced plans to increase dividends in the second half of the year.
UBS Prime brokerage head leaves for Bank of America
Bank of America Corp on Monday said that it has named Stuart Hendel, the global head of the prime brokerage business at rival Swiss bank UBS AG , as head of its own global prime brokerage division.
Western Digital - Hitachi Deal May Spark Hard Disk Industry Consolidation
Western Digital said it agreed to buy Hitachi, Ltd.'s (NYSE:HIT) Global Storage Technologies unit for $4.3 billion in a cash and stock deal.
Global Market overview 07/03/2011
U.S. stocks ended lower on Friday as a spike in oil prices (driven by deepening unrest in Libya) overshadowed a strong February jobs report.
World Market Overview 07/03/2011
U.S. stocks ended lower on Friday as a spike in oil prices (driven by deepening unrest in Libya) overshadowed a strong February jobs report.
Stocks fall on oil price jump, shrugs off good jobs data
U.S. stocks dropped as a spike in oil prices (driven by deepening unrest in Libya) overshadowed a strong February jobs report.
BofA Merrill cuts Goldman, Citi on weak client risk appetite
BofA Merrill Lynch expects subdued client activity and geo-political risks to weigh on the first-quarter earnings of large U.S. banks and downgraded shares of Citigroup Inc and Goldman Sachs Group Inc to neutral from buy.
For Britain's class of 2011, finance keeps allure
Investment bankers have been villified by the public since the financial crisis, and regulators are cracking down on their pay, but Britain's university graduates still aspire to become them. At the country's top universities, the generation of students who started their degree just as Lehman Brothers collapsed are still pursuing lucrative
Pre-market movers on Mar.4 (COF, DE, CHK, BAC, AAPL, MEE, C, GS )
The companies whose shares are moving in pre-market trade on Friday are: Capital One Financial, Deere & Co, Chesapeake Energy, Bank of America, Apple, Massey Energy, Citigroup and Goldman Sachs.
US stocks surge on jobs data; oil drops
U.S. stocks ended sharply higher on Thursday as stronger than expected initial jobless claims data and an easing of oil prices after reports of a possible peace deal in Libya buoyed sentiment.
UBS's Matthew Koder quits to join BofA
Bank of America-Merrill Lynch has poached Matthew Koder, a high profile banker from Swiss bank UBS AG , to head its corporate and investment banking business in Asia, in the first major defection in Asia after the bank bonus season.
BofA poaches Koder from UBS to head Asia Pacific IB
Bank of America-Merrill Lynch has poached Matthew Koder, a high profile banker from Swiss bank UBS AG , to head its corporate and investment banking business in Asia in the region's first major defection after the banker bonus season.
Foreclosure fines may go to loan modifications
Financial penalties extracted from large banks over their mortgage servicing practices may be used for loan modifications, a top Obama administration official said on Monday.
BofA Online Banking Goes Down, Returns
Bank of America's online banking goes down and subsequently gets restored, says the company's Twitter account.
San Francisco Fed picks Williams to succeed Yellen
John Williams, the San Francisco Federal Reserve Bank's head researcher whose work suggests the Fed's bond-buying has helped restore millions of jobs, will succeed Janet Yellen to lead the regional Fed bank.
Pre-Market NASDAQ Movers (NVAX, SONS, SODA, AKRX, AONE, CEDC, YRCW, AVGO, EXLP, PTNR)
The top pre-market NASDAQ stock market gainers are: Novavax, Sonus Networks, SodaStream International, Akorn, and A123 Systems. The top pre-market NASDAQ stock market losers are: Central European Distribution, YRC Worldwide, Avago Technologies, Exterran Partners, and Partner Communications.
Post-Market NASDAQ Movers (NVAX, SONS, SUPG, GTEC, SPMD, YRCW, HTCO, SMSI, EXLP, VVUS)
The top after-market NASDAQ stock market gainers are: Novavax, Sonus Networks, SuperGen, Global Defense Technology & Systems, and SuperMedia. The top after-market NASDAQ stock market losers are: YRC Worldwide, Hickory Tech, Smith Micro Software, Exterran Partners, and VIVUS.
Citi could lose $10 billion from U.S. tax change: analyst
Citigroup Inc could write down some $5 billion to $10 billion in expected future tax benefits if the United States decreases corporate tax rates, veteran banking analyst Mike Mayo estimated on Monday.
Ex-Colonial Bank exec to plead to criminal charges
A former executive at Colonial Bank, which collapsed in part because of its close ties to the now-bankrupt Taylor, Bean & Whitaker Mortgage Corp, is expected to plead to criminal charges on Wednesday.