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Showing 171 - 180 of 269 results for "Bank of America"

Market Wrap - Morning

AAP  |  TUESDAY, 7 JUN 2011
... 2,702.56, while the broad-based S&P 500 lost 13.99 (1.08 per cent) at 1,286.17. Financial shares tumbled with Bank of America dropping 4.0 per cent and Citigroup 4.5 per cent. In airline stocks, US Airways lost 3.8 per cent, United Continental fell 3.3 ...

Bear have no fur

BENJAMIN ONG  |  MONDAY, 23 MAY 2011
... you'll find that greenback remains on a downtrend. "Leading stocks looking ugly. From economic bellwethers such as Bank of America (BAC) and KB Homes (KBH) to highly profitable market-changers like Apple (AAPL) and OpenTable (OPEN), downward moves have ...

Market Wrap - Morning

AAP  |  MONDAY, 18 APR 2011
... first-quarter net profit of $US2.3 billion ($A2.19 billion), up from $US1.96 billion ($A1.86 billion) a year ago. Bank of America earnings also missed expectations, sending its shares down 2.4 per cent. But the broader market took solace from Labour ...

Market Wrap - Morning

AAP  |  FRIDAY, 15 APR 2011
... Sen. Carl Levin said a panel he leads found new evidence that Goldman misled investors. JPMorgan Chase & Co and Bank of America Corp each fell more than one per cent. The Standard and Poor's 500 stock index added 0.11 point, or less than 0.1 per cent ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 9 MAR 2011
... Financial companies pushed stock indexes higher on Tuesday on signs that banks may soon raise their dividends. Bank of America Corp gained 4.7 per cent, the most of the 30 stocks that make up the Dow Jones industrial average, after chief executive Brian ...

Market Wrap - Morning

AAP  |  MONDAY, 14 FEB 2011
... average of 8.47 billion. Financials led on the back of the reduced uncertainty, rising throughout the trading day. Bank of America Corp gained 1.9 per cent to $14.77 and the KBW Banks index added 1.8 per cent. Market Vectors Egypt Index ETF rallied on ...

Market Wrap - Midday

AAP  |  FRIDAY, 4 FEB 2011
... changing hands for $278.92 million. The company announced it had entered into a 10-year distribution agreement with Bank of America and also said insurance profit margins for 2010 will be lower than previously forecast, and will be at a similar level ...

Bad, bad day

BENJAMIN ONG  |  WEDNESDAY, 20 OCT 2010
... Ray Ozzie, MSFT's chief software architect and Bill Gate's nominated successor. There was bad news for banks. Bank of America shares sold off on reports that PIMCO, BlackRock and the NY Federal Reserve Bank were seeking to force the BoA to repurchase ...

Meaning to the meaningless

BENJAMIN ONG  |  FRIDAY, 15 OCT 2010
... as much as 70 points on concerns about the foreclosure practices at major banks including JP Morgan Chase and Bank of America. The banks, which are being investigated by state attorneys-general, have suspended foreclosures while they review whether they ...

Introducing foreclosure-gate, the latest risk to a US recovery

JOHN MCDULING  |  MONDAY, 11 OCT 2010
... banks such as JPMorgan and Wells Fargo to halt mortgage foreclosures in a number of states. Over the weekend, Bank of America announced that it would suspend foreclosures nationwide until the legal minefield is resolved. The scandal could provide another ...