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Showing 211 - 220 of 269 results for "Bank of America"

May sell or May stay

BENJAMIN ONG  |  FRIDAY, 1 MAY 2009
... way down to their ankles. Then there is the 'stress test', the results of which will be announced this month. Bank of America and Citigroup have earlier been reported to have failed and therefore would need additional capital infusions. Rumour is that ...

Sick of swines

BENJAMIN ONG  |  WEDNESDAY, 29 APR 2009
... the future. The negative. The Wall Street Journal reported that the US government's stress test would show that Bank of America and Citigroup failed - they will both need additional capital. The Journal did not reveal how much extra capital Citigroup ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 29 APR 2009
... 150 in Mexico. Adding to investor worries was a media report that the Federal Reserve has advised Citigroup and Bank of America that they need to strengthen their capital following "stress tests" conducted by authorities. The mood was improved by a Conference ...

Surprise

BENJAMIN ONG  |  FRIDAY, 24 APR 2009
... cent last night. Electronic firm Radioshack beat earnings estimates by 59 per cent! And those dead financials? Bank of America, Wells Fargo, Capital One, American Express, Fifth Third Bancorp, PNC Financial Services were among the names that posted strong ...

Market Wrap - Morning

AAP  |  FRIDAY, 24 APR 2009
... on Thursday including PNC Financial Services Group, which boosted other bank stocks including JPMorgan Chase, Bank of America and Wells Fargo. Poor results from other companies however, such as UPS and steelmaker Nucor, signaled trouble. Economic data ...

Taking a breather

BENJAMIN ONG  |  TUESDAY, 21 APR 2009
... it is worse than the 0.5 to 1 per cent contraction already flagged last month, this is old news. The good news. Bank of America beat earnings forecasts as it reported a 44-cent gain in the first quarter - 11 times more than expectations for a 4-cent ...

Market Wrap - Morning

AAP  |  TUESDAY, 21 APR 2009
... expected to open lower after US stocks slumped on concerns about the level of bad loans held by banks following Bank of America's earnings report. Gold miners may gain after the precious metal advanced on Monday while energy stocks are likely to decline ...

Bonus hocus pocus

BENJAMIN ONG  |  MONDAY, 30 MAR 2009
... and satisfy our greed.' Barely a day has passed when, Saturday morning, Bloomberg splashed out this news item: 'Bank of America Corp. plans to increase some investment bankers' salaries by as much as 70 percent following the takeover earlier this year ...

Market Wrap - Morning

AAP  |  TUESDAY, 24 MAR 2009
... concerns about their ability to weather the crisis, soared on Monday. Citigroup Inc jumped 19.5 per cent, and Bank of America Corp added 26 per cent. The Dow rose 497.48, or 6.8 per cent, to 7,775.86. That was the biggest point gain for the blue chips ...

Market Wrap - Morning

AAP  |  MONDAY, 16 MAR 2009
... in over three months as Canon Inc and other exporters surged after data showed US retail sales stabilising and Bank of America reported a return to profit. The Nikkei-225 index added 371.03 points, or 5.15 per cent, to 7,569.28. HONG KONG - The benchmark ...