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PR News Wire (Free subscription) | yesterday
MIAMI, July 25 /PRNewswire/ -- Bank of America today announced that,
because of strong customer demand for Certificates of Deposit savings, it
will extend its hours of operation this weekend in select markets. Select
banking centers may be open until 3:00 p.m. this Saturday to provide
additional time for customers to take advantage of the bank's new
seven-month, 4.00% APY Certificate of Deposit (CD)...
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alarm:clock (Free subscription) | yesterday
As we watch the Dow drop like the San Diego Padres in the National League West, it reminds of some statements Bank of America (BOA:NYSE) CEO Ken Lewis made earlier in the week how the economy is beginning to turn the corner. Mr. Lewis might have been trying to distract reporters from inquiring about the Countrywide acquisition but the latest report from the National Association of Realtors saying that...
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Get Rich Slick (Free subscription) | 07/24/2008
It’s getting hard for me to keep up but I’ve been reading about the plethora of lawsuits filed by city, state, and others against various investment firms and banks for all sorts of crazy things. In San Diego, the city has filed lawsuit against Bank of America to keep the bank from foreclosing on homes. [...]
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The Average Joe Investor (Free subscription) | 07/24/2008
I couldn't help but share this to follow up on the previous blog post. Apparently now banks are a buy? Hmmm... Don't get me wrong, I share Cramer's new view -- in fact, I own both Bank of America (NYSE: BAC) and American Express (NYSE: AXP) . I just find it astonishing that his opinion changed that drastically in so short of a time. I can only assume that's a philosophical difference in investing based...
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Home Personal Finance (Free subscription) | 07/24/2008
BusinessWeek Online - As big banks such as Wachovia , Citigroup and Bank of America continue to post multimillion-dollar writedowns to cover mortgage loan losses and other bad investments, credit-card holders are increasingly getting squeezed. Card issuers such as American Express have started taking a closer look at the math that determines how much credit is available to each customer, and some are...
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The Earth Times Online Newspaper (Free subscription) | 07/24/2008
SAN DIEGO (Reuters) - San Diego's city attorney said on Wednesday he filed a lawsuit against Bank of America Corp and its Countrywide unit to prevent the mortgage lenders from foreclosing on homes in the city, which he aims to make a foreclosure sanctuary.
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The Earth Times Online Newspaper (Free subscription) | 07/24/2008
SAN DIEGO (Reuters) - San Diego City Attorney Michael Aguirre said on Wednesday he filed a lawsuit against Bank of America Corp and its Countrywide unit to prevent the mortgage lenders from foreclosing on homes in his city, which he aims to make a foreclosure sanctuary.
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Law Blog - WSJ.com (Free subscription) | 07/23/2008
Bank of America approved spending up to $3.75 billion through next year to repurchase up to 75 million shares. The new buyback authorization is much smaller than a 200 million-share plan it replaces.
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24/7 Wall St. (Free subscription) | 07/23/2008
Bank of America Corporation (NYSE: BAC) just made key announcements regarding the dividend and the share buyback plans. It has just announced that it declared... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
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Market Watch (Free subscription) | 07/23/2008
SAN FRANCISCO (MarketWatch) -- Bank of America said on Wednesday that it will buy back up to 75 million shares. The board authorized the giant bank to spend as much as $3.75 billion to repurchase stock during the next 12 to 18 months, it explained. The new program replaces an earlier 200 million-share buy-back plan that is expiring. Bank of America shares climbed 3.3% to $33.42 during afternoon trading...
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PR News Wire (Free subscription) | 07/23/2008
CHARLOTTE, N.C., July 23 /PRNewswire/ -- The Bank of America
Corporation Board of Directors today declared a regular quarterly dividend
on common stock of $0.64 per share, payable on September 26, 2008 to
shareholders of record on September 5, 2008.
(Logo: )
Separately, the board declared a regular quarterly cash dividend of
$1.75 on the 7 percent Cumulative Redeemable Preferred Stock, Series B....
The 2 the latest comments published by users on Bank of America Corp. :
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sunilnair | 06/12/2008
Premium Company Profile: Bank of America Corporation Introduction Bank of America (BoA) is a US based global financial services company with assets of $1,715.7 billion at the end of 2007. This profile offers a comprehensive review of BoA's operations and performance. Scope of this report Contains corporate strategy, value chain presence and SWOT Analysis Provides detailed business description, segment...
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bharatbook | 03/12/2008
Bank of America (BoA) is a US based global financial services company with assets of $1,715.7 billion at the end of 2007. This profile offers a comprehensive review of BoA's operations and performance. Scope of this report Contains corporate strategy, value chain presence and SWOT Analysis Provides detailed business description, segment analysis, 5-year financial trends, key products and key competitors
