|Bid||28.00 x 36200|
|Ask||28.22 x 36900|
|Day's Range||27.78 - 28.17|
|52 Week Range||22.66 - 31.91|
|Beta (3Y Monthly)||1.66|
|PE Ratio (TTM)||10.42|
|Earnings Date||Jul 17, 2019|
|Forward Dividend & Yield||0.60 (2.26%)|
|1y Target Est||33.50|
Some researchers boosted forecasts for second-quarter economic growth following the reports. Less upbeat numbers for payrolls and inflation in the past week led many investors to increase bets that the Fed will lower borrowing costs in the next couple of months. “Today’s report was a bit of relief for the Fed. It takes out a sense of urgency for them to act,” Michelle Meyer, head of U.S. economics at Bank of America Corp., said after the retail figures.
Bank of America today announced findings from the latest Merrill Edge® Report, which reveals people are feeling simultaneously optimistic and overwhelmed by their finances. Merrill is committed to empowering clients and helping them plan for the future at every age and in every stage of their financial lives through a combination of tools, people and know-how across Merrill Edge Self-Directed, Merrill Guided Investing, and Merrill Lynch Wealth Management.
The Zacks Analyst Blog Highlights: Microsoft, Facebook, Bank of America, American Express and Deere
Bank of America Corporation today announced the Board of Directors has authorized regular cash dividends on the outstanding shares or depositary shares of the following series of p
Given the chances of a Fed rate cut early next month, State Street (STT) reduces revenue expectation for the second quarter of 2019.
The company is starting renovations on the HBO building and three floors of the Grace Building across from its 55-story tower at One Bryant Park in midtown Manhattan, it said in a statement Wednesday. When the project is completed by 2022, a large portion of the bank’s 13,000 New York employees will be at six properties clustered around Avenue of the Americas. The new offices will include flexible workspaces, a wellness center and dining and training facilities, and will incorporate solar technology and recycled materials, Bank of America said.
Charlotte, North Carolina is the focal point of a brewing war between the big banks, as BB&T and SunTrust merge and giants Chase and U.S. Bank move in.
Bank of America today announced that it is concentrating its New York City presence in midtown Manhattan near its New York City headquarters building at One Bryant Park. Its new development will include the HBO Building at 1100 Avenue of Americas and three floors of space in the Grace Building at 1114 Avenue of Americas. “These investments will create an integrated and innovative workspace and allow for even greater collaboration across our teams,” said Anne Walker, market president for Bank of America in New York City. When renovations are completed, a large portion of the bank’s 13,000 New York City-based employees will occupy these midtown Manhattan locations.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Bank of America (BAC) have what it takes? Let's find out.
Investing.com – Advanced Micro Devices rallied to a 13-year high Monday, as investors cheered news that the chipmaker is set to be the main chip supplier for Microsoft's (NASDAQ:MSFT) next-generation console set to launch at the end of 2020.
The SEC has passed a finalized advice-reform package including Regulation Best Interest, a rule requiring brokers to act in the best interests of clients. First Republic loses heavy hitters. In 2012, (FRC) purchased a successful RIA founded by former Merrill Lynch advisors.
Investing.com - Beyond Meat surged on Friday after delivering a narrower loss and guidance that prompted bullish calls from analysts.
This week, Bank of America welcomed its most diverse class of summer interns to the company. Bank of America has a multi-faceted recruitment process that puts the focus on the candidate experience and recruiting the most diverse slate of talent into its programs. Over the past year, Bank of America has increased its work with Hispanic-Serving Institutions (HSIs) in key locations, including Puerto Rico, and has expanded its recruiting efforts at four Historically Black Colleges/Universities (HBCUs).
The S&P; 500 rose 20 points, or 0.7%, by 9:41 AM ET (13:41 GMT), while the Dow gained 181 points, or 0.7%, and the tech-heavy Nasdaq composite surged 72 points, or 1%.
The social-and-business risks from the Fed pursuing a slightly higher rate of inflation is a constant theme officials have heard in their 2019 strategy tour. Called “Fed Listens,” it’s a multi-city outreach effort by the central bank that hit Chicago this week.
Federal Reserve Governor Lael Brainard told Yahoo Finance Wednesday that she is worried the Fed may have gone too far in extending regulatory relief to larger banks.
Investing.com - Most Canadian cannabis stocks lost ground again Thursday, with one notable exception: Canopy Growth (TSX:WEED) (NYSE:CGC).
Investing.com - The Mexican Peso fell on Thursday in Asia after U.S. President Donald Trump said there was “not nearly enough” progress made in the latest discussion between U.S. and Mexican officials.