Bank of america Stories
Pre-market movers on Mar.23 (JBL, PHM, CTAS, BMY, TXT, NFLX, BAC, ADBE)
The companies whose shares are moving in pre-market trade on Wednesday are: Jabil Circuit, Pultegroup, Cintas, Bristol Myers Squibb, Textron, Netflix, Bank of America and Adobe Systems.
World Market Overview 23/03/2011
U.S. stocks pulled back in a sleepy session Tuesday as investors paused after a three day rally that helped the market regain ground after several weeks dominated by unrest in the Middle East and Japan's earthquake.
Citigroup Sets Reverse Stock Split, Resumes Dividend
Citigroup announced a 1-for-10 reverse stock split of its common stock and plans to reinstate a quarterly dividend of $0.01 per common share in the second quarter of 2011.
Gold Investment Grows on Forex Volatility as Libyan Air-Strikes See Silver, Crude Oil & World Equities Jump
Gold prices jumped vs. a falling Dollar at the start of Asian trade on Monday, hitting near-two-week highs for US investors as crude oil also leapt following the weekend's joint UN air strikes on Libya.
Fed to allow some big banks to boost dividends
The Federal Reserve will allow some of the largest U.S. banks to boost or restart dividends payments this year but will restrict the amounts to 30 percent or less of the company's anticipated earnings, the central bank said on Friday.
JP Morgan testing $5 ATM usage fee
JP Morgan Chase & Co. is in the process of testing $5 and $4 ATM usage fee for non-customers in Illinois and Texas.
BofA, Citi and Barclays receive Libor subpoenas: report
Bank of America, Citigroup and Barclays have received subpoenas from U.S. regulators probing the setting of the London interbank offered rate, or Libor, for U.S. dollars between 2006 and 2008, the Financial Times said, citing people familiar with the investigation.
World Market Update 15/03/2011
U.S. stocks plunged in early trade on Tuesday, following sell-off in European and Asian stock markets amid fears of a nuclear disaster in Japan.
US stocks slump as Japan nuclear crisis escalates
U.S. stocks plunged in early trade on Tuesday, following sell-off in European and Asian stock markets amid fears of a nuclear disaster in Japan.
BofA Emails May Be Less Than Meets The Eye
Anonymous, the hacker collective, has released emails from Bank of America that a former employee says show the bank improperly foreclosed on homes during the financial crisis, but the emails seem to have little to do with home loans.
Hacker group releases BofA employee correspondence
Anonymous, a hacker group sympathetic to WikiLeaks, released on Monday emails that it obtained from someone who said he is a former Bank of America Corp employee.
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


