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Bank of America News

News on Bank of America (Ticker: BAC) continually updated from thousands of sources around the net.

2 hrs ago | UnionLeader.com

Stocks surge on Yellen comments

Stocks rose 1 percent on Wednesday, advancing for a third straight session as Federal Reserve Chair Janet Yellen reaffirmed the central bank's commitment to keeping interest rates low and Yahoo rallied.

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Related Topix: Financial Markets, Banking, Financial Services, CSX, Railroads

Wed Apr 16, 2014

Business Journal

CEOs bank 108 times what the average NC worker earns

Bank of America's Brian Moynihan is the highest-paid CEO of a public company in North Carolina, according to the AFL-CIO's list.

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Related Topix: Retail, Lowes Companies, Household Products, Banking, Financial Services, North Carolina, Real Estate, Tanger Factory Outlet Centers

Seeking Alpha

Bank of America's CEO Discusses Q1 2014 Results - Earnings Call Transcript

Good day, everyone, and welcome to today's program. It is now my pleasure to turn the conference over to Mr. Lee McEntire.

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Related Topix: Banking, Financial Services, Home, Mortgage, Personal Finance

The Hartford Courant

Bank of America's mortgage crisis costs become a recurring problem

Bank of America Corp 's mortgage pain is lasting longer than expected, leading some investors to wonder if the massive expenses being incurred have become a recurring cost of doing business instead of being dismissed as one-time items.

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Related Topix: Banking, Financial Services, Home, Mortgage, Personal Finance, Ansonia, CT

Benzinga

Mid-Morning Market Update: US Markets Open Higher; Bank of America Reports Q1 Net Loss

Following the market opening Wednesday, the Dow traded up 0.65 percent to 16,368.05 while the NASDAQ jumped 0.60 percent to 4,058.49.

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Related Topix: Banking, Financial Services, Furniture, Ethan Allen Interiors, Industrial Machines, Textiles, Dixie Group Inc The, Semiconductors, ASML Holding NV, Startups, Linear Technology, Dust Networks

Seeking Alpha

Bank Of America's Results Encouraging, Sell-Off Overdone

Bank of America reported earnings this morning and the greeting from investors has been quite rude.

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Related Topix: Financial Services, Banking, Financial Markets

Reuters

Fitch: Litigation Charges Mar Bank of America's 1Q'14 Results

CHICAGO, April 16 Bank of America Corporation's stated first quarter 2014 earnings swung to a net loss applicable to common shareholders of $514 million due to significant litigation charges incurred in the quarter, according to Fitch Ratings.

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Related Topix: Banking, Financial Services, Home, Mortgage, Personal Finance

MarketWatch

Movers & Shakers: Earnings spur Yahoo gains, trip up Bank of America

Yahoo! Inc. shares jumped Wednesday after the Internet giant's earnings report showed revenue growth for the first time in more than a year.

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Related Topix: Startups, Yahoo!, Financial Services, Banking

The Hartford Courant

Litigation expenses push Bank of America into loss

Bank of America Corp posted a first-quarter loss as the No. 2 U.S. bank recorded $6 billion in litigation expenses related to a settlement with the Federal Housing Finance Agency and other mortgage-related matters.

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Related Topix: Banking, Financial Services, Home, Mortgage, Personal Finance, Ansonia, CT

The Globe and Mail

Bank of America posts loss on litigation costs

In this Nov. 25, 2008 file photo, pedestrians walk through New York's Times Square under a glowing Bank of America marquee.

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Related Topix: Banking, Financial Services, Home, Mortgage, Personal Finance, World News, India, Warren Buffett

Seeking Alpha

Getting Past The Financial Crisis: Bank Of America Earnings

Revenue is in decline. The consensus estimate is for $22.3 billion for the quarter, compared to $23.5 billion a year ago.

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Related Topix: Banking, Financial Services, JP Morgan Chase , Wells Fargo , Home, Mortgage, Personal Finance

Tue Apr 15, 2014

Seeking Alpha

Citigroup: Can It Double?

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.

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Related Topix: Financial Services, Banking, Financial Markets, Warren Buffett

GuruFocus.com

U.S. Bancorp: Don't Forget About This Fair-Valued Bank

If you were to survey the field to name major banks, we're guessing that U.S. Bancorp wouldn't top too many lists.

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Related Topix: US Bancorp, Banking, Financial Services, Multistat, Wells Fargo , Warren Buffett, Construction, Berkshire Hathaway, Investment Services

MarketWatch

Stocks to Watch: Bank of America, Google, IBM are stocks to watch

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.

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Related Topix: IBM, Banking, Financial Services, Financial Markets, Emerging Technology, Search Engines

National Mortgage News

Ginnie Mae Nixes Bank of America Mortgage Servicing Transfer

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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Related Topix: Home, Mortgage, Personal Finance, Financial Services, Ginnie Mae, Banking

TheStreet.com

Bank of America (BAC): What to Expect

Your browser is not supported. Please upgrade to one of the following browsers: Google Chrome Mozilla Firefox Apple Safari Microsoft Internet Explorer 8+ You may proceed to the site by clicking here , however some pages might not work correctly.

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Related Topix: Banking, Financial Services, Mozilla, Financial Markets, TheStreet

Lincoln Daily News

Wall Street ends up after Citi results, retail sales

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.

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Related Topix: Banking, Financial Services, CitiMortgage, Financial Markets, Citigroup, Vladimir Putin, Stanley

Business Journal

Regions picks Charlotte's Terry Katon to lead capital markets group

Regions Financial Corp. has named Charlotte-based Terry Katon as executive managing director and head of Regions Bank Capital Markets group.

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Related Topix: Banking, Financial Services, Regions Financial, Birmingham, AL, Wachovia Corporation

The Globe and Mail

Cash-strapped Italy selling Venetian lagoon island via online auction

Italy, which owns more than 500,000 commercial and residential properties, has struggled in the past to sell state-owned assets because complex bidding rules and snail-paced procedures for permits to restructure old buildings have kept investors at bay.

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Related Topix: Italy, Banking, Financial Services

Mon Apr 14, 2014

Seeking Alpha

Why Wells Fargo Is Heading To $60

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.

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Related Topix: Wells Fargo , Banking, Financial Services, Home, Mortgage, Personal Finance

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