Bank of America News
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Solid Q1 2014 results came yesterday from the Citigroup guys: The bank presented first quarter revenues of $20.12 billion which compared against an average analyst revenue estimate of $19.38 billion.
If you were to survey the field to name major banks, we're guessing that U.S. Bancorp wouldn't top too many lists.
Among the companies whose shares are expected to see active trade in Wednesday's session are Bank of America Corp., Google Inc., International Business Machines Corp., and American Express Co.
Learn about this year's finalists and see who won the 2013 MT Award. 2013 MT Awards: 10X Award The 10X Award honors a company, product or technology that's had an exponential impact on mortgage finance.
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U.S. stocks closed higher on Monday as Citigroup's earnings and strong retail sales gave investors reasons to buy equities despite a resurgence of geopolitical uncertainties.
Regions Financial Corp. has named Charlotte-based Terry Katon as executive managing director and head of Regions Bank Capital Markets group.
Investors should expect 12-month gains of 20% as the bank is expected to return more than last year's $11.4 billion to shareholders this year, including dividends and buybacks.
A Waxhaw man is facing felony abuse and neglect charges after police allegedly discovered his 89-year-old mother in horrific living conditions.
Warren Buffett and Berkshire Hathaway 's largest stock positions as of 2013 year-end are American Express Company , The Coca-Cola Company , Exxon Mobile Corp. and the Goldman Sachs Group Inc. .
The Oakmark Global Select Fund returned 2% for the quarter ended March 31, 2014, outperforming the MSCI World Index's 1% return.
Last week, Magistrate Judge David S. Cayer of the U.S. District Court for the Western District of North Carolina denied Bank of America's motion to dismiss the Security and Exchange Commission's claims against it in SEC v.
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BAC has been de-leveraging its balance sheet, which has depressed ROATCE in the short term but has put the bank in a much better position going forward.
Citic Securities Co., China 's largest brokerage, bought a stake in U.S. trading firm BTIG LLC as it expands around the world.
The Dow fell 143 on Friday. JPMorgan reported a disappointing quarter, when the bank doesn't usually miss numbers.