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| | | ... in the previous month. And lest you forget, the US earnings season is again proving positive for equities with Bank of America reporting Q4 earning of US$0.15 per share, up from a US$0.16 a share loss a year before while Morgan Stanley's reported US$0.14 ... |
| | | | ... on Thursday. The Standard & Poor's 500 is up 4 points to 1,311. The Nasdaq composite is up 12 points to 2,781. Bank of America and Morgan Stanley rose after reporting results that were better than analysts had expected. Bank of America returned to profit ... |
| | | | ... and 20 per cent above October. Banks continued to profit from hopes that Europe is getting a grip on the crisis. Bank of America added two per cent, JPMorgan Chase jumped 6.1 per cent, Citigroup was up 4.4 per cent and Morgan Stanley soared seven per ... |
| | | | ... ratings of 37 major US banks, including Goldman Sachs, Wells Fargo, Citigroup, JPMorgan Chase, Morgan Stanley and Bank of America, by one notch. Meanwhile, Macquarie Group had its long-term rating downgraded from A- to BBB while Macquarie Bank, which ... |
| | | | ... ratings of major US banks, including Goldman Sachs, Wells Fargo, Citigroup, JPMorgan Chase, Morgan Stanley and Bank of America, by one notch. The ratings agency said it reviewed its ratings on 37 of the world's largest banks under new criteria announced ... |
| | | | ... for FIIG Securities' clients. Before joining FIIG Securities, Gordon was a director of debt capital markets at Bank of America Merill Lynch in London and New York where he responsible for structuring, credit research, analysis and execution of high-yield ... |
| | | | ... booking paper gains on the bank's own debt due to favourably changing interest rate spreads -- lost 2.7 per cent. Bank of America, which has not yet delivered its third-quarter earnings, dropped 2.6 per cent. Bond prices climbed sharply. The yield on ... |
| | | | ... Europe will boost the capital of its banks suffering from the public debt crises in Greece, Ireland and Portugal. Bank of America surged 6.4 per cent, JPMorgan Chase was up 5.2 per cent and American Express added 4.7 per cent. Apple leaped 5.1 per cent ... |
| | | | ... After a strong upward push in the morning, with the Dow's gains topping 2.0 per cent, the markets pulled back. Bank of America led the Dow push upward, adding 3.08 per cent after losing nearly five per cent Wednesday. Tech stocks were dragged down by ... |
| | | | ... which includes a new Greek bailout and an expansion of the eurozone rescue fund. All 30 Dow blue chips fell, with Bank of America taking a 4.9 per cent hit after a New York Times report said it is facing a $US50 billion ($A50.67 billion) shareholder ... |
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