Back in 2008, perhaps everyone thought that Bank of America Corp (NYSE:BAC) was getting an excellent deal buying troubled Countrywide Financial for $4.1 billion.
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April 7 - News
U.S. stocks have exploded out of the gate in 2013.
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April 7 - News
A week full of economic data sent the markets lower.
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April 7 - News
The big banks took a pounding this week, and Bank of America Corp (NYSE:BAC) was no exception: down 2.30% on the week.
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April 6 - News
The "criticism is deserved," Ackman said on Friday of Ron Johnson, the former Apple executive who has been tasked with overhauling the staid retail chain and who has come under...
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April 6 - Hedge Funds
After another blow from the labor market caused many stocks to tumble this morning, Bank of America Corp (NYSE:BAC) is making a comeback.
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April 5 - News
This weeks has been a tough one for America's bank stocks.
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April 5 - News
Bruce Berkowitz is undoubtedly one of the most respected value investors in the game; when he makes a move, people pay attention.
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April 5 - News
Today's jobs report from the Bureau of Labor Statistics painted a mixed but troubling picture of the U.S. labor market.
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April 5 - News
The landscape of the banking industry has changed dramatically over the last 30 years.
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April 5 - News
The Dow Jones Industrial Average (INDEXDJX:.DJI) is planted firmly in the red this morning following the third data release to signal a weakening labor market this week.
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April 5 - News
Every investor knows that the old adage, "Buy low and sell high," is good investment advice, but the devil is in the details: How does an investor know when to jump in as the ...
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April 5 - News
Potential backlash in the form of lawsuits and fines resulting from the housing boom and subsequent financial crisis have left many bank investors wary to go all-in on their favorite...
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April 5 - News
At a time when Apple Inc.
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April 5 - News
There's another subprime loan problem brewing, but this time, home mortgages aren't the main ingredient in the securities being created, sliced, rated, and sold to hungry investors...
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April 5 - News
Customers seldom utter those words to the behemoth that is Bank of America Corp (NYSE:BAC) . But maybe they should.
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April 4 - News
It's another upbeat day in the markets, and the Dow Jones Industrial Average is humming along. As of 2:20 p.m.
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April 4 - News
The Wall Street Journal is reporting that a federal judge has dismissed a swath of claims filed against banks in relation to last year's LIBOR rate-setting scandal. But while...
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April 4 - News
Shares of the nation's second largest bank by assets, Bank of America Corp (NYSE:BAC), have whipsawed today as investors and analysts struggle to digest a bevy of important news...
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April 4 - News
For years, commentators have endlessly talked about the accommodative monetary policy that the Federal Reserve has provided to try to boost the U.S. economy.
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April 4 - News
The rise of the Bitcoin has prompted unprecedented attention for the digital currency around the world.
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April 4 - News
For 2012, Fannie Mae reported a $17 billion profit. The juxtaposition of "profit" and "Fannie Mae" probably seems a bit odd.
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April 4 - News
It's common knowledge that Bank of America Corp (NYSE:BAC) doubled its stock value last year and achieved several milestones -- such as putting many stewing lawsuits behind it...
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April 4 - News
This has been a great year so far for Wall Street: The Dow Jones Industrial Average is already up more than 11% in a year characterized by record-setting highs and massive corporate...
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April 3 - News
Several sources have recently reported that since the 2008 economic crisis erupted, banks have been slammed with lawsuits filed by private investors and federal and state authorities...
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April 3 - News
Even though unemployment is still brutal and mortgage delinquencies are high, credit card delinquencies are at the lowest rate in at least two decades, according to data from ...
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April 3 - News
It took a few hours to sink in, but investors sold off stocks after some weak economic data was reported this morning.
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April 3 - News
Here's my favorite headline of the day: "Retail Investors Are Back! But Don't Hit 'Sell' Yet," courtesy of our friends over at CNBC. The point of the article is simple.
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April 3 - News
It's safe to say Bank of America Corp (NYSE:BAC) has seen better days.
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April 3 - News
Forget about yesterday's great gains. The markets are embracing the red today, and as of 2:30 p.m.
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April 3 - News
Bank of America Corp (NYSE:BAC) is down 3.06% today. And while it's leading the charge in that regard, its peers and the markets aren't far behind.
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April 3 - News
This morning payroll processor ADP reported an upward revision to its February payroll figures from 198,000 to 237,000.
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April 3 - News
This article is aimed at presenting stocks that are trading below their most recent quarter’s book values and which have experienced heavy insider buying in recent times.
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April 3 - News
While catching up on what the billionaire hedge fund managers have been up to, I came across billionaire Louis Bacon's $15 billion hedge fund, Moore Capital.
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April 3 - Hedge Funds
So you thought Facebook Inc (NASDAQ:FB) was just for the youngins? Not according to the Securities and Exchange Commission.
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April 3 - News
In celebration of March Madness across the country, CNBC program "Squawk Box" put together a "bracket" of stocks to determine a "champion." Wednesday, the program looked at two...
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April 3 - News
Expect a deluge of data points as we kick off another quarterly earnings season in a few days.
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April 3 - News
An investor’s lawsuit against John Paulson’s $23 billion hedge fund over its reported loss of about $460 million in Sino-Forest Corp was dismissed by a federal judge. U.S.
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April 3 - Hedge Funds
Shares of the nation's second largest bank by assets, Bank of America Corp (NYSE:BAC), are trading higher today after the lending giant came to an agreement with the federal regulator...
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April 2 - News
There's never an absence of news impacting financial stocks, but weeding through all of it can be a chore in and of itself.
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April 2 - News
Toronto-Dominion Bank (USA) (NYSE:TD) shareholders have witnessed a decrease in enthusiasm from smart money in recent months, and we're going to take a look at how some of its...
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April 2 - News
With more than $1.4 trillion in assets, I wouldn't exactly call Wells Fargo & Co (NYSE:WFC) an under-the-radar bank, but it typically doesn't make the headlines the way its big...
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April 2 - News
Besides investigating how shareholder activism at Citigroup Inc (NYSE:C) led to the final approval of its new executive compensation plan, this article aims to examine other...
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April 2 - News
The big banks have certainly regained much of their financial health since the mortgage meltdown, but their reputations have not rebounded in tandem.
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April 2 - News
Of particular concern is Chinese banks' exposure to wealth management products, or WMPs -- short-term investments that account for a significant portion of banks' balance sheets...
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April 2 - News
If you'd ask most shareholders, hedge funds are viewed as unimportant, outdated investment vehicles of yesteryear.
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April 1 - News
Mitsubishi UFJ Financial Group Inc (ADR) (NYSE:MTU) was in 12 hedge funds' portfolio at the end of the fourth quarter of 2012.
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April 1 - News
Before anyone gets too bent out of shape, let me state first off, this isn't a Bank of America Corp (NYSE:BAC) attack piece, per se (though regular readers will know I'm bearish...
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April 1 - News