Bank of America Corporation (BAC)
Berkshire unloads more Bank of America shares
Berkshire Hathaway unloaded more Bank of America stock this week, boosting sales since mid-July to nearly $10 billion as Warren Buffett simplifies part of his conglomerate's vast portfolio.
Warren Buffett just dumped $337 million of this stock
Warren Buffett and his Berkshire Hathaway (NYSE: BRK.A, BRK.B) offloaded another $337.9 million worth of Bank of America (NYSE: BAC) shares in three separate sales between September 30 and October 2.
Buffett's Bank Stock Strategy: Is His Profit on Bank of America a Reason to Invest in These Promising Banking Turnarounds?
Warren Buffett is often considered a buy-and-hold investor, but that's not how he treats every investment. Should you follow his bank strategy?
Warren Buffett's Recent Reduction in Bank of America Holdings
On October 2, 2024, Warren Buffett (Trades, Portfolio)'s firm made a notable adjustment in its investment portfolio by reducing its stake in Bank of America Corp (BAC, Financial). The firm sold 8,547,947 shares at a price of $39.53 each.
Can Warren Buffett's latest $338 million sale of BofA shares hint at bigger moves ahead?
Warren Buffett's Berkshire Hathaway Inc. has eased the pace of its sales of Bank of America Corp. stock, marking a third consecutive slowdown in the process. The sales, which began in mid-July, fetched some of the lowest prices seen since the legendary investor started liquidating shares.
Buffett Reduces Stake in Bank of America Amid Market Speculation
Investor Warren Buffett (Trades, Portfolio)'s activities in the capital market are closely watched as indicators of both a company's and the U.S. economy's prospects. Recently, Buffett has significantly reduced his holdings in Bank of America (BAC, Financial), sparking market discussions.
Earnings Growth Set to Accelerate
The year-over-year growth pace in aggregate earnings is expected to accelerate over the next four periods, with the absolute dollar level of quarterly earnings expected to reach new all-time records in each quarter as well.
Berkshire Hathaway Sells $337.9 Million in Bank of America Shares
Berkshire Hathaway, led by Warren Buffett (Trades, Portfolio), has disclosed in a regulatory filing that it recently sold $337.9 million worth of shares in Bank of America (BAC, Financial). The sales occurred over the past few days, with transactions taking place on September 30, October 1, and October 2.
Bank of America (BAC) Laps the Stock Market: Here's Why
Bank of America (BAC) reachead $39.23 at the closing of the latest trading day, reflecting a +0.03% change compared to its last close.
Bank of America customers report outage, with some seeing $0 balances in their accounts
An outage at Bank of America left some of its customers unable to access their accounts on Wednesday, while others saw what they said were erroneous balances of $0, according to a flood of reports on social media.
More than 20,000 Bank of America customers report outage on mobile banking app
Most customers reported having issues with their mobile banking accounts.
Thousands Of Bank Of America Users Report Online Outage
Thousands of Bank of America customers are reportedly experiencing an online outage that is resulting in their accounts displaying erroneous balances, as well as issues at ATMs.
