Tag: BAC

Finance

Hot Stocks: Office Depot Inc (NYSE:ODP), Bank of America Corp (NYSE:BAC), Ford Motor Company (NYSE:F), Oi SA (ADR) (NYSE:OIBR)

Office Depot Inc (NYSE:ODP) is planning to close at least 400 U.S. stores, as its merger with OfficeMax resulted in an overlap of retail locations that can be consolidated. Office Depot Inc (NYSE:ODP) expects to close 150 stores this year, mostly in the fourth quarter. All of the store closures are anticipated to occur by the end of 2016. Office Depot Inc (NYSE:ODP) stock performance … Continue reading Hot Stocks: Office Depot Inc (NYSE:ODP), Bank of America Corp (NYSE:BAC), Ford Motor Company (NYSE:F), Oi SA (ADR) (NYSE:OIBR)

Kristen Barton
Finance

Financial Sector Most Active Stocks: Bank of America (NYSE:BAC), SLM Corp (NASDAQ:SLM), Regions Financial (NYSE:RF), JPMorgan Chase (NYSE:JPM)

Bank of America Corp (NYSE:BAC) looks closer to being normal, but Citigroup Inc. (NYSE: C) is unable to return much capital to shareholders. And as long as interest rates and inflation a low, analyists cannot expect much real growth from banks. Bank of America Corp (NYSE:BAC) stock performance was -0.33% in last session and finished the day at $15.09. Traded volume was 68.37million shares in … Continue reading Financial Sector Most Active Stocks: Bank of America (NYSE:BAC), SLM Corp (NASDAQ:SLM), Regions Financial (NYSE:RF), JPMorgan Chase (NYSE:JPM)

Colin Pettis
Global Equity

BOA Maintains Solid Second Quarter Numbers

Bank of America BAC reported net income of $4 billion, or $0.32 per diluted share, for the second quarter of 2013. The results were ahead of  expectations as the pace of change was faster than expected; however, the magnitude of improvements is not likely to result in a substantial increase  fair value. That said, Bank of America’s progress is encouraging and could result in fair … Continue reading BOA Maintains Solid Second Quarter Numbers

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