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Showing 151 - 160 of 269 results for "Bank of America"

Market Wrap - Midday

AAP  |  THURSDAY, 22 SEP 2011
... points, or 2.01 per cent, to 2,538.19. Aside from the Fed's measures, Moody's downgraded three top US banks - Bank of America, Wells Fargo and Citigroup - as it sees the US government less willing than before to rescue them if they become unstable. RBS ...

Market Wrap - Morning

AAP  |  THURSDAY, 22 SEP 2011
... unemployment and a depressed housing market. Traders also digested a series of Moody's downgrades on three top US banks - Bank of America, Wells Fargo and Citigroup - saying it saw the US government less willing than before to rescue them if they become ...

Market Wrap - Morning

AAP  |  FRIDAY, 16 SEP 2011
... dollar liquidity into banks facing a shortage of the US currency. All 30 Dow blue-chips traded higher, led by Bank of America, which added 4.0 per cent after it said it would raise another $US1.5 billion in cash through the sale of a stake in Hospital ...

Market Wrap

AAP  |  TUESDAY, 13 SEP 2011
... Composite rallied 27.10 points, or 1.10 per cent, to 2,495.09. Financial stocks were the best performers, with Bank of America firming 1.0 per cent after announcing it will cut 30,000 jobs as part of a cost-cutting global restructure. Local investors ...

Market Wrap - Morning

AAP  |  TUESDAY, 13 SEP 2011
... and down and finally made a spectacular rally in the last few minutes of trading. Financial stocks were up, with Bank of America climbing 1.0 per cent after saying it would eliminate 30,000 jobs as part of a broad restructuring plan that would cut $US5 ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 7 SEP 2011
... 52.7 per cent in July. Any level above 50 indicates growth. Bank stocks ended the day with sharp losses, with Bank of America down 3.6 per cent, Citigroup off 2.5 per cent and JPMorgan Chase down 3.4 per cent. Bond prices, after flirting with record ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 31 AUG 2011
... Banks bucked the trend on bargain-hunting. China Construction Bank rose by 0.9 per cent to 4.54 yuan even after Bank of America said it would sell roughly half of its 10 per cent stake in the Chinese lender. Industrial and Commercial Bank of China added ...

Market Wrap - Morning

AAP  |  TUESDAY, 30 AUG 2011
... Qatari investment, the first bit of good news from Greece's banking sector for some time. Financial stocks rallied. Bank of America surged 8.1 per cent after saying that it would sell half of its stake in China Construction Bank for about $8.3 billion ...

Market Wrap - Morning

AAP  |  MONDAY, 29 AUG 2011
... September for two days, instead of the one day originally planned, to discuss its options to help the economy. Bank of America shares continued to swing wildly on rumours, a day after billionaire Warren Buffett announced he would invest $5 billion in ...

Market Wrap - Morning

AAP  |  FRIDAY, 12 AUG 2011
... report and bullish forecast Wednesday. Banks also recovered some of the previous day's 10 per cent-plus losses. Bank of America added 7.1 per cent while Citigroup gained 6.3 per cent. Bond yields firmed after trading at near-record lows a day earlier. ...