Bank of America Corporation (BAC)
Bank of America Corporation (BAC) Is a Trending Stock: Facts to Know Before Betting on It
Bank of America (BAC) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
How to Play BAC Stock Amid Interest Rate Cuts & Branch Expansion Plan?
Lower interest rates and branch expansion efforts are likely to aid Bank of America. Let's decipher how BAC is likely to perform amid such a backdrop.
Pepsi's growth prospects dwindle as Bank of America downgrades earnings estimates
Bank of America has revised its earnings estimates for PepsiCo Inc (NASDAQ:PEP, ETR:PEP), reflecting persistent weaknesses in the company's North American Snacks and Beverages segments, particularly within convenience store channels. In a note Monday, analysts at Bank of America reduced their FY24 and FY25 earnings estimates, projecting organic revenue growth of just 1% for Q3 2024 and 3.1% for FY25.
Berkshire Hathaway Sells More Bank of America Stock as Streak Hits 9 Days
Its stake is getting closer to the 10% reporting threshold.
SEC charges Merrill Lynch, Harvest Volatility Management for ignoring client investment limits
The Securities and Exchange Commission charged Harvest Volatility Management and Merrill Lynch on Wednesday for exceeding clients' predesignated investment limits over a two-year period. The two companies settled separately and will pay a combined $9.3 million to resolve the claims.
Bank of America Corporation (BAC) 29th Annual Financials CEO Conference (Transcript)
Bank of America Corporation (NYSE:BAC ) 29th Annual Financials CEO Conference September 25, 2024 5:15 AM ET Company Participants Alastair Borthwick - CFO Conference Call Participants Ebrahim Poonawala - Bank of America Corporation Ebrahim Poonawala Good morning, everyone. We've been talking about European banks, of course, we've talked a lot about European Banks.
Bank of America CFO says Fed seems to be winning inflation battle
The Federal Reserve seems to be winning the inflation battle in the United States, Bank of America CFO Alastair Borthwick said at a conference on Wednesday.
Warren Buffett's Berkshire Hathaway continues Bank of America sell-down
Warren Buffett's Berkshire Hathaway has continued to reduce its stake inBank of America Corp (NYSE:BAC) by selling 21.6 million shares for approximately $862 million, lowering its ownership to 10.5%. The stock was sold over the last three trading days at an average price of around $40 each, as reported in a recent SEC filing.
Bank of America (BAC) Stock Declines While Market Improves: Some Information for Investors
Bank of America (BAC) concluded the recent trading session at $39.45, signifying a -1.05% move from its prior day's close.
Bank of America is opening 165 new branches, joins list of financial retail expansions in the age of online banking
For many Americans, online banking may be the preferred method of interacting with their bank's services, but that isn't stopping Bank of America from opening tons of new brick-and-mortar branches by the end of 2026.
BAC to Open 165 Branches by 2026-End: A Strategic Push for Growth
Bank of America will open more than 165 branches by 2026-end. The plan aligns with the company's efforts to leverage cross-selling opportunities.
Rate Cut Shockwaves: Which Bank Stocks Will Rise or Fall?
When interest rate-cutting cycles hit the stock market, investors typically assume that they will positively affect most stocks, but that's just not the case. Some could benefit, such as consumer discretionary names and others in the energy sector, considering that consumer and business activity tends to rise after cuts.
