|Bid||0.00 x 1400|
|Ask||0.00 x 3000|
|Day's range||29.64 - 30.01|
|52-week range||22.75 - 33.05|
|PE ratio (TTM)||17.21|
|Earnings date||15 Oct 2018|
|Forward dividend & yield||0.48 (1.65%)|
|1y target est||34.54|
Bitcoin was trading at $7,422.80, inching down 0.05% on the Bitfinex exchange, as of 8:29 AM ET (12:29 GMT). The digital asset was below its Wednesday high of $7,506.10.
If you're a shareholder in Arconic or Bank of America, you started your week feeling pretty good. If you're a Papa John's investor...perhaps not.
Discussions between advisors and high net worth (HNW) clients about philanthropy are on the rise, finds the U.S. Trust Study of the Philanthropic Conversation, as clients report advisors to be a valuable source of information, second only to their spouse or partner. For instance, many advisors underestimate their clients’ desire to discuss philanthropy early in their advisory relationship and overestimate the importance of tax benefits as a motivation for giving. To better understand advisors’ approach to and HNW individuals’ expectations of these discussions, U.S. Trust, Bank of America Private Wealth Management, partnered with The Philanthropic Initiative (TPI) on a nationwide survey of more than 300 advisors – including wealth advisors, trust and estate attorneys, accountants and other tax professionals – and a random sample of more than 100 HNW individuals with $3 million or more in investable assets who are actively engaged in charitable giving and who engage at least one of these advisor types.
Jim Cramer sits down with Bank of America Chairman and CEO Brian Moynihan, who outlines the U.S. economy's growth drivers.
Asian markets fell on Tuesday as mounting tensions over U.S. tariffs overshadowed data suggesting global growth was still on track. Japan's benchmark Nikkei 225 bucked the regional trend, gaining 0.4 percent to 22,692.82. The Dow Jones Industrial Average added 0.2 percent to 25,064.36 as Goldman Sachs, JPMorgan Chase, and Boeing climbed.
Jim Cramer sits down with Bank of America Chairman and CEO Brian Moynihan after earnings to crunch the numbers and hear what’s next for the financial giant.
Bank of America Corp reported quarterly profit above analyst expectations on Monday as the second-largest U.S. lender cut expenses and benefited from growth in loans and deposits on the back of a strengthening economy. Revenue rose in each of the bank's segments with the exception of global banking, where lower investment banking fees dragged revenue down 2 percent. During his near-decade long tenure, Chief Executive Brian Moynihan has focused on making the bank's sprawling operations more efficient.
Bank stocks rallied on Monday in the thick of big banks’ earnings reports, and one money manager sees bigger gains ahead.
The Financial Select Sector SPDR ETF (XLF) is rising today, helped by Bank of America's (BAC) second-quarter earnings, which comes on the heels of JPMorgan Chase's (JPM) report on Friday. BofA's earnings boost is a far cry from the reaction to bank earnings on Friday. Both Citigroup (C) and Wells Fargo (WFC) were lower on Friday following earnings, and even JPMorgan warned that competitive pressures were ramping up, as it followed them lower.
Bank of America's second-quarter profits jumped 33 percent from a year earlier, the company said Monday, as like nearly all other big banks, it benefited greatly from the new tax law. The bank also benefited from the recent rise in interest rates, allowing it to charge more for customers to borrow. On a per-share basis, BofA earned 63 cents a share, beating average projections of earnings of 57 cents per share from industry analysts, according to a survey by FactSet.
Big banks continue to be a profitable group despite being immensely disliked on Wall Street, CNBC's Jim Cramer says.
Wall Street stocks declined slightly in early trading Monday at the start of a week of heavy corporate earnings and economic data releases. About 20 minutes into trading, the Dow Jones Industrial Average ...
Stock futures turned mixed ahead of Monday's open as oil prices dropped sharply, Bank of America and J.B Hunt reported Q2 results and investors looked to Netflix's report after the close.
Rise in trading income and loan growth support BofA's (BAC) Q2 earnings. However, muted investment banking and a rise in credit costs were headwinds.
Among the companies with shares expected to trade actively in Monday's session are Bank of America, Boeing, Amazon.com, Netflix and BlackRock.
Jul.16 -- Joo-Yung Lee, managing director and head of N. American banks and global trading and universal banks at Fitch Ratings, discusses Bank earnings in the U.S. and how a return of volatility may benefit earnings. She speaks on "Bloomberg Daybreak: Asia."
Bank of America's quarterly profit surged higher, benefiting from growth in loans and deposits, lower tax rates, and expense reductions. Fred Katayama reports.