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Business Wire (Free subscription) | yesterday
NEWARK, Del.--(BUSINESS WIRE)--PicksThatMove is pleased to bring investors special situation stocks which have a high potential for price appreciation. These companies have interesting business models and they have to execute on the business development level to bring value to shareholders. Some of our past picks had soared over 200%. To view some of our profiled stocks, please visit our website at...
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Business Wire (Free subscription) | 11/02/2009
CHICAGO--(BUSINESS WIRE)--Bank of America Corporation (BAC) has undertaken a reorganization of some of its bank subsidiaries. Bank of America Rhode Island N.A. (BANA-RI) has begun to hold deposits of external customers. At the same time, Merrill Lynch Bank & Trust Co. FSB (ML-FSB) has been merged into Bank of America N.A. As a result of the decision to hold deposits at BANA-RI, Fitch has affirmed...
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PR News Wire (Free subscription) | 10/26/2009
FORT LAUDERDALE, Fla., Oct. 26 /PRNewswire/ -- The law firm of Securities Fraud Attorney Mark A. Tepper has filed claim against Banc of America Investment Services, Inc., a brokerage firm operating in Florida and located inside branches of Bank of America Corporation.
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BloggingStocks (Free subscription) | 10/22/2009
Filed under: Bank of America (BAC) There was no secret that Bank of America Corporation (NYSE: BAC ) wanted to sell First Republic. And so today the deal was announced : BofA got more than $1 billion from a consortium of private equity operators. They include General Atlantic LLC and Colony Capital. Continue reading BofA unloads First Republic for $1 billion BofA unloads First Republic for $1 billion...
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PR News Wire (Free subscription) | 10/21/2009
CHARLOTTE, N.C., Oct. 21 /PRNewswire-FirstCall/ -- Bank of America Corporation today announced it has signed a definitive agreement to sell First Republic Bank to a number of investors, led by First Republic's existing management, and including investment funds managed by Colony Capital, LLC and General Atlantic LLC.
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SeekingAlpha.com (Free subscription) | 10/16/2009
Zacks.com submits: Bank of America Corporation’s ( BAC ) third quarter 2009 loss came in at 26 cents per share, substantially worse than the Zacks Consensus Estimated loss of 10 cents. This compares unfavorably with earnings of 15 cents in the prior-year quarter. The worse-than-expected results came in due primarily to continued weakness in the U.S. and global economies as well as stress on...
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Business Wire (Free subscription) | 10/16/2009
CHICAGO--(BUSINESS WIRE)--Fitch Ratings has assigned long-term and short-term debt ratings of `A+/F1+' to a shelf program issued by Merrill Lynch Japan Finance Co. Ltd. (MLJ Finance). This program is guaranteed by immediate parent Merrill Lynch Japan Securities Co. Ltd. (MLJ Securities) as well as by ultimate parent Bank of America Corporation (BAC, rated `A+/F1+' by Fitch). At the same time Fitch...
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24/7 Wall St. (Free subscription) | 10/16/2009
We are seeing a far less amount of major movers with huge percentage gains and losses this morning. The top day trader alert stocks have been noted here with more detailed information in the links over to VSInvestor.com on each stock: Google Inc. (NASDAQ: GOOG) is hitting new 52-week highs after beating earnings. Bank of America Corporation [...]
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iStockAnalyst.com (Free subscription) | 10/07/2009
Bank of America Corporation (BAC) said on Tuesday that it will not raise rates or change terms on consumer credit card accounts before the new law (CARD Act) intended to reform industry practices takes effect early next year. [More...]
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PR News Wire (Free subscription) | 09/30/2009
CHARLOTTE, N.C., Sept. 30 /PRNewswire/ -- Bank of America Corporation today announced it has signed an agreement to sell the long-term asset management business of Columbia Management to Ameriprise Financial, Inc. for approximately $1 billion, subject to certain adjustments.
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24/7 Wall St. (Free subscription) | 09/22/2009
Bank of America Corporation (NYSE: BAC) has a couple of issues on the legal and regulatory front for this week. Last night it announced that it has reached an agreement with the U.S. government over asset guarantees. The company also has to now go to court over the thrown out SEC settlement. The settlement or agreement [...]
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iStockAnalyst.com (Free subscription) | 09/16/2009
The Chief Financial Officer (CFO) of Bank of America Corporation (BAC) said Tuesday that the bank is expected to repay the bailout money it has received from the government in relation to its participation in the Troubled Asset Relief Program (TARP) in installments. [More...]
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