Bank of America Corporation (BAC-PM)
| Previous Close | 24.62 |
| Open | 24.71 |
| Bid | 23.90 x 800 |
| Ask | 24.85 x 800 |
| Day's Range | 24.64 - 24.85 |
| 52 Week Range | 21.55 - 27.82 |
| Volume | |
| Avg. Volume | 136,387 |
| Market Cap | N/A |
| Beta (5Y Monthly) | 1.40 |
| PE Ratio (TTM) | 7.07 |
| EPS (TTM) | 3.51 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 1.34 (5.42%) |
| Ex-Dividend Date | Aug 31, 2022 |
| 1y Target Est | N/A |
- Reuters
New York Times taps Bank of America amid ValueAct challenge-sources
The New York Times Co has turned to Bank of America Corp and law firm Sidley Austin LLP for advice on how to handle a potential board challenge from ValueAct Capital Management LP, according to people familiar with the matter. ValueAct, a San Francisco-based hedge fund, disclosed on Thursday that it owns a nearly 7% stake in the New York Times and argued the newspaper company could grow more quickly by aggressively marketing its all-access digital bundle that gives subscribers more than basic news. The Ochs-Sulzberger family controls the New York Times through dual-class shares that allow it to install nine directors on the company's 13-member board.
- Bloomberg
Facing Losses, Citrix Buyout Bankers Hold Onto Big Chunk of Debt
(Bloomberg) -- Banks led by Bank of America Corp. are expected to keep about $2.5 billion to $3.5 billion of a loan provided for the buyout of Citrix Systems Inc. on their balance sheets, even as they ramp up efforts to offload the rest to investors.Most Read from BloombergAnshu Jain, Deutsche Bank Chief in a Pivotal Era, Dies at 59Author Salman Rushdie Stabbed on Lecture Stage in New YorkExtreme Heat Uncovers Lost Villages, Ancient Ruins and ShipwrecksTrump Calls for Release of Warrant Document
- Motley Fool
2 Stocks Under $100 You Can Buy and Hold Forever
These two market leaders have performed well through the downturn and have great long-term potential
