Seeking Alpha
 

Bank of America Corporation (BAC)

- NYSE
  • Jul. 16, 2009, 10:07 AM
    Former Treasury Secretary Henry Paulson is testifying before Congress now on the role he played in Bank of America's (BAC) bailout/buyout of Merrill Lynch (live webcast). Lawmakers want to know what promises or threats he made to BofA chief Ken Lewis, and whether he told Lewis not to disclose the negotiations.
    | 1 Comment
  • Jul. 16, 2009, 10:00 AM
    Dow leaders: DIS +3.2%. AA +2.2%. DD +1.1%. CSCO +0.8%.
    Dow laggards: JPM -2.1%. BAC -2%. GE -1.4%. T -0.5%.
    | Comment!
  • Jul. 16, 2009, 7:29 AM
    BoA (BAC) is reportedly operating under a secret memorandum of understanding, imposed by regulators in May, requiring it to address certain risk and liquidity problems. Coming up against some July/Aug. deadlines, BoA may get an extension on certain tasks, such as overhauling its board.
    | Comment!
  • Jul. 15, 2009, 11:18 AM
    Testifying on Capitol Hill, Henry Paulson says he acted appropriately in warning Bank of America (BAC) CEO Lewis that management could be ousted if it walked away from the Merrill deal. (WSJ)
    | 2 Comments
  • Jul. 14, 2009, 1:48 PM
    Dow leaders: HD +2%. DIS +1.8%. INTC +1.1%. GE +1%.
    Dow laggards: T -1.7%. VZ -0.7%. AA -0.5%. IBM -0.5%. BAC -0.5%. MSFT -0.5%.
    | Comment!
  • Jul. 14, 2009, 10:10 AM
    Dow laggards: TRV -2.1%. AXP -1.9%. JPM -1.6%. HPQ -1.5%. BAC -1.1%.
    Dow leaders: GE +0.9%. JNJ +0.7%.
    | 1 Comment
  • Jul. 13, 2009, 3:10 PM
    Dow leaders: BAC +7%. JPM +5.8%. GE +5.8%. AXP +3.9%. PFE +3.7%.
    Dow laggards: HPQ -0.2%. DV unchanged.
    | Comment!
  • Jul. 13, 2009, 10:01 AM
    Dow leaders: BAC +4.7%. KFT +2.4%. AXP +2.3%. JPM +2.3%. GE +2%.
    Dow laggards: CSCO -1.3%. HPQ -0.9%.
    | Comment!
  • Jul. 13, 2009, 9:20 AM
    Stocks set to open moderately higher to kick off a busy week, with a slew of economic data including PPI, CPI, industrial production, and housing starts, and Q2 earnings reports featuring GS, JPM, BAC, C, JNJ, IBM, GOOG and GE. S&P futures +0.4% to 878.
    | Comment!
  • Jul. 13, 2009, 9:00 AM
    Premarket gainers: CYTR +14%. OSIP +8%. CPHD +6%. AIG +6%. HBAN +6%. STP +6%. JASO +5%. PHG +5%. CTIC +4%. BAC +4%. DAN +4%. GS +4%. DFS +4%. FITB +4%.
    Losers: BEAT -34%. CIT -16%.
    | Comment!
  • Jul. 13, 2009, 7:39 AM
    Regulators are trying to collect at least part of a $4B fee from BoA (BAC) over implied U.S. backing of $118B in Merrill Lynch assets. BoA execs contend the rescue agreement was never signed and the funding never used, so it shouldn't have to pay.
    | Comment!
  • Jul. 10, 2009, 3:10 PM
    Dow leaders: AXP +1.5%. DV +1.2%. MMM +0.9%. CSCO +0.8%. KFT +0.6%.
    Dow laggards: JPM -3.9%. CVX -2.9%. MRK -2.4%. IBM -1.8%. XOM -1.5%. WMT -1.3%. GE -1.3%. BAC -1.3%.
    | Comment!
  • Jul. 10, 2009, 11:18 AM
    J.P. Morgan upgrades Q2 earnings estimates for Bank of America (BAC), just a week before results are due. Firm says results are likely to be "messy," with a number of one-time items, but it now sees the bank earning $0.38/share vs. a previous estimate of -$0.03.
    | 4 Comments
  • Jul. 9, 2009, 10:08 AM
    Dow leaders: AA +2.4%. AXP +1.6%. JPM +1.5%. DD +1.2%. BAC +1.1%.
    Dow laggards: MRK -3.3%. PFE -1.4%. BA -1%.
    | Comment!
  • Jul. 9, 2009, 8:17 AM
    Trying to exploit the window before tougher credit card legislation goes into effect, BoA (BAC) and JPMorgan (JPM) start switching some customers from fixed-rate credit cards to potentially higher variable rates.
    | 1 Comment
  • Jul. 6, 2009, 3:11 PM
    Dow leaders: AXP +5.5%. MRK +2.8%. DD +2.1%. KFT +1.9%.
    Dow laggards: AA -7%. BAC -4.5%. INTC -1.3%. BA -1.2%.
    | Comment!
Visit Seeking Alpha's
BAC vs. ETF Alternatives
Company Description
Bank of America Corporation is a bank holding and a financial holding company. Through its subsidiaries, it provides banking and non-banking financial services and products throughout the United States and in selected international markets.