Bank of America Corporation (BAC)
Buffett's Berkshire Hathaway takes BofA stake below 10%
Warren Buffett's Berkshire Hathaway Inc (NYSE:BRK.A) has reduced its stake in Bank of America Corp (NYSE:BAC), selling 9.5 million shares worth $382.4 million. It brings Berkshire's ownership in the bank below 10%, which, under US Securities and Exchange Commission rules, shareholders owning more than 10% must disclose trades within two days.
Berkshire Sells More Bank of America Stock; Now Holds 10% Stake
It's unclear whether Berkshire Hathaway CEO Warren Buffett is finished paring the Bank of America stake.
Berkshire slashes Bank of America stake to under 10%, no longer required to disclose frequently
Warren Buffett's Berkshire Hathaway cut its stake in Bank of America below an important level.
Easing cycle should be more favorable for banks going forward, says BofA's Ohsung Kwon
Steve Sosnick, Interactive Brokers chief strategist, and Ohsung Kwon, BofA Securities, talks the day's market action and upcoming bank earnings.
Bank of America (BAC) Q3 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
Besides Wall Street's top -and-bottom-line estimates for Bank of America (BAC), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended September 2024.
What to watch for when banks report Q3
Thomas Michaud, KBW president and CEO, joins 'Money Movers' to discuss what to watch for in Q3 bank earnings, how the Fed's path for rate cuts could impact the markets, and more.
Evaluating BAC Stock Before Q3 Earnings: Should You Buy Now or Hold?
Bank of America is slated to report Q3 results next week. So, we discuss the factors impacting its performance and whether you should buy the stock now or not.
Should You Tap High-Yield Bond ETFs, Following Warren Buffett?
Warren Buffett, known as the "Oracle of Omaha," recently sold a portion of Berkshire Hathaway's (BRK.A) holdings in Bank of America BAC. Previously, Bank of America was Berkshire's second-largest position after Apple AAPL, but Buffett has reduced his stake.
2 Rate-Cut Stocks at the Top of My Watch List Before 2025
The Fed recently cut rates for the first time in over four years, but it's just the beginning.
What to Expect from Q3 Bank Earnings Starting This Week
U.S. banks are expected to see lower earnings in their third-quarter financial reports due to the ongoing impact of higher deposit costs.
Bank of America names Brabazon co-head of global M&A, memo says
Bank of America has named Eamon Brabazon co-head of global mergers and acquisitions, alongside Ivan Farman, according to an internal email seen by Reuters.
Earnings Preview: Bank of America (BAC) Q3 Earnings Expected to Decline
Bank of America (BAC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
