Tag: Bank of America Corp

Finance

Financial Sector Active Stocks: Bank of America Corp (NYSE:BAC), Citigroup Inc (NYSE:C), CBS Outdoor Americas (NYSE:CBSO), National Bank of Greece (NYSE:NBG)

Although Bank of America Corp (NYSE:BAC) has followed the broader equities markets into the red today, calls are trading at a slightly accelerated pace this afternoon. Additionally, calls continue to be the options of choice, and are outpacing their put counterparts by a nearly 3-to-1 ratio. Bank of America Corp (NYSE:BAC) stock performance was 0.56% in last session and finished the day at $15.94. Traded … Continue reading Financial Sector Active Stocks: Bank of America Corp (NYSE:BAC), Citigroup Inc (NYSE:C), CBS Outdoor Americas (NYSE:CBSO), National Bank of Greece (NYSE:NBG)

Kristen Barton
Finance

NYSE Movers: Bank of America (NYSE:BAC), General Electric Company (NYSE:GE), Advanced Micro Devices (NYSE:AMD), Citigroup Inc (NYSE:C), Vale SA (NYSE:VALE)

The Bank of America Corporation (NYSE:BAC) issued layoff notices to 540 Charlotte employees. The job cut has been in the Legacy Asset Servicing division and it will impact 60% employees of that division in Charlotte. Bank of America Corp (NYSE:BAC) stock performance was -0.39% in last session and finished the day at $15.41. Traded volume was 66.82million shares in the last session and the average … Continue reading NYSE Movers: Bank of America (NYSE:BAC), General Electric Company (NYSE:GE), Advanced Micro Devices (NYSE:AMD), Citigroup Inc (NYSE:C), Vale SA (NYSE:VALE)

John Meady
Finance

NYSE Movers: Oracle Corporation (NYSE:ORCL), Vale (NYSE:VALE), Ford Motor Company (NYSE:F), Bank of America Corp (NYSE:BAC), Coach Inc (NYSE:COH)

Oracle Corporation (NYSE: ORCL) has agreed to buy Micros Systems Inc (NASDAQ: MCRS) for $5.3 billion. Chief Executive Officer, Larry Ellison seeks to boost its slowing growth by expanding into hospitality and retail industries.   Oracle Corporation (NYSE:ORCL) stock performance was 0.69% in last session and finished the day at $41.10. Traded volume was 16.96million shares in the last session and the average volume of the stock remained … Continue reading NYSE Movers: Oracle Corporation (NYSE:ORCL), Vale (NYSE:VALE), Ford Motor Company (NYSE:F), Bank of America Corp (NYSE:BAC), Coach Inc (NYSE:COH)

John Meady
Finance

Notable Movers: Layne Christensen Company (NASDAQ:LAYN), HSBC Holdings (NYSE:HSBC), Barclays (NYSE:BCS), Bank of America Corp (NYSE:BAC), Citigroup Inc (NYSE:C)

Layne Christensen Company (NASDAQ:LAYN) was down 12.75% after reporting a Q1 net loss of $27.7 million, or $1.41 per share, compared with a prior-year net loss of $23.8 million, or $1.22 per share. The prior-year results included a $0.02 gain from discontinued operations. Analysts polled by Capital IQ were looking for a loss of $0.35 per share. Total revenue slid 16% to $191.2 million, missing … Continue reading Notable Movers: Layne Christensen Company (NASDAQ:LAYN), HSBC Holdings (NYSE:HSBC), Barclays (NYSE:BCS), Bank of America Corp (NYSE:BAC), Citigroup Inc (NYSE:C)

Chris Lewis
Finance

Financial Sector Watch List: Bank of America Corp (NYSE:BAC), Regions Financial Corp (NYSE:RF), JPMorgan Chase (NYSE:JPM), KeyCorp (NYSE:KEY), Wells Fargo (NYSE:WFC)

Finally, analysts at Bank of America Corp (NYSE:BAC) reiterated a “neutral” rating on shares of PVH Corp in a research note on Friday, April 11th. They now have a $125.00 price target on the stock, up previously from $120.00. Bank of America Corp (NYSE:BAC) stock performance was 1.60% in last session and finished the day at $15.84. Traded volume was 78.65million shares in the last … Continue reading Financial Sector Watch List: Bank of America Corp (NYSE:BAC), Regions Financial Corp (NYSE:RF), JPMorgan Chase (NYSE:JPM), KeyCorp (NYSE:KEY), Wells Fargo (NYSE:WFC)

Chris Lewis
Finance

Financial Sector Active Stocks: Bank of America (NYSE:BAC), Wells Fargo (NYSE:WFC), Annaly Capital Management (NYSE:NLY), Gramercy Property, JPMorgan Chase (NYSE:JPM)

The City of Los Angeles has sued JPMorgan Chase & Co., accusing the largest U.S. bank of engaging in discriminatory mortgage lending practices that drove up foreclosures among minority borrowers. Los Angeles in December filed similar lawsuits against Bank of America Corp. (NYSE:BAC), Citigroup Inc. and Wells Fargo & Co., the next three largest U.S. banks. Wells Fargo on Wednesday lost its bid to dismiss … Continue reading Financial Sector Active Stocks: Bank of America (NYSE:BAC), Wells Fargo (NYSE:WFC), Annaly Capital Management (NYSE:NLY), Gramercy Property, JPMorgan Chase (NYSE:JPM)

Jayne Crisman