BAC240719P46000
- 2.77
- -0.23-7.67%
Bank of America Newsroom
Stock market guru Buffett reduced his shareholding in Bank of America by 34 million stocks and cashed out $1.48 billion.
Warren Buffett, the stock god, led the sale of about 34 million Bank of America stocks in the latest trade for $1.48 billion.
Express News | Berkshire Hathaway Sells About 33.9 Mln Bank of America Common Shares for About $1.48 Bln- SEC Filing
Banks Profit as M&A Stirs, but Consumer Loans Pose Risks
Wall Street is back. Main Street? Not so much. That's the big takeaway after the largest U.S. financial institutions reported this earnings season.
Bank of America(BAC.US) 10% Shareholder Sells US$1.48 Billion in Common Stock
$Bank of America(BAC.US)$ 10% Shareholder BERKSHIRE HATHAWAY INC sold 33.89 million shares of common stock on Jul 17, 18, 19, 2024 at an average price of $43.5632 for a total value of $1.48 billion.
Bank of America Options Spot-On: On July 19th, 265.58K Contracts Were Traded, With 3.41 Million Open Interest
On July 19th ET, $Bank of America(BAC.US)$ had active options trading, with a total trading volume of 265.58K options for the day, of which put options accounted for 31.69% of the total transactions,
Press Release: Bank of America Declares Preferred Stock Dividends for Third Quarter 2024
Bank of America Declares Preferred Stock Dividends for Third Quarter 2024 PR Newswire CHARLOTTE, N.C., July 19, 2024 CHARLOTTE, N.C., July 19, 2024 /PRNewswire/ -- Bank of America Corporation today
Unusual Options Activity: GOOGL, FITB and Others Attract Market Bets, GOOGL V/OI Ratio Reaches 63.9
EST Jul 19th Afternoon Delivery - In the last two hours of trading, 6 options with a high V/OI ratio were detected. With the market volatile, it's crucial to stay informed on the latest options
Banks Grapple With Technical Difficulties Following CrowdStrike Outage -- WSJ
By Alexander Saeedy Big U.S. banks are still scrambling to get their systems fully operational after a faulty software update from cybersecurity company CrowdStrike wreaked havoc on businesses
Visa Vs. Mastercard Q2 Earnings Preview: Analyst Evaluates Credit Card Giants' Stability, Regulatory Pressures
With Visa Inc (NYSE:V) and Mastercard Inc (NYSE:MA) set to report their quarterly earnings later this month, Wall Street is keenly observing the performance of these payment giants.Visa reports Q2
Smart Money Is Betting Big In BAC Options
Financial giants have made a conspicuous bullish move on Bank of America. Our analysis of options history for Bank of America (NYSE:BAC) revealed 9 unusual trades.Delving into the details, we found 77
BofA Receives 19 Awards for Excellence From Euromoney Magazine
CHARLOTTE, NC / LONDON – Highlighting the company's ability to capture market share, deliver innovation and support clients' expanding needs, Euromoney Magazine has named Bank of America the World's
Phillip Securities Downgrades Bank of America(BAC.US) to Hold Rating, Raises Target Price to $45
Phillip Securities analyst Glenn Thum downgrades $Bank of America(BAC.US)$ to a hold rating, and adjusts the target price from $40.82 to $45.According to TipRanks data, the analyst has a success
Bank of America Merrill Lynch Securities: Maintains Buy rating for Shenzhou International Group Holdings Limited unsponsored ADR, with a target price of HKD 93.5.
Bank of America Securities released a research report stating that the decline in the stock price of Shenzhou International (02313) from the June high may be due to Nike's guidance reduction and tariffs. The report believes that many of the concerns of investors are somewhat exaggerated and that the company has an attractive risk-return profile, especially after the sell-off. The target price is HKD 93.5 and the rating is maintained as "buy". The bank expects the company's gross margin to recover to over 28% in the first half of this year and to recover to 30% at some point in the second half of this year. The bank still believes that the company's profit growth in the first half of this year may be significantly higher than the income growth. Nike's guidance reduction has caused many concerns and has already had a negative
Two officials of the Federal Reserve indicated that it is necessary to reform the discount window tool.
Boorman, a director of the Federal Reserve, and Logan, the president of the Dallas Federal Reserve, suggested that the Federal Reserve should assess to what extent its emergency lending tools can meet the liquidity needs of the banking system, implying the need to reform the discount window.
Netflix executives interpret Q2 financial reports: free cash flow is expected to remain around $6 billion this year.
Netflix announced its second quarter financial report today: revenue of $9.559 billion, an increase of 16.8% year-on-year; net income of $2.147 billion, an increase of 44% year-on-year; diluted earnings per share were $4.88, a growth from $3.29 in the same period last year.
Top 20 US stock trading volume on July 18: a well-known analyst said that orders for the Apple iPhone 16 may not have increased.
On Thursday, Nvidia, the top-performing stock in trading volume, rose 2.8%, partially recovering from the huge losses suffered on Wednesday, with a transaction value of $38.113 billion. As of the close of trading on Thursday, the stock had fallen more than 6.3% and may record a decline this week. Tesla, in second place, rose 0.29%, with a transaction value of $27.806 billion. According to the California New Car Dealers Association (CNCDA), Tesla's sales in California in the second quarter of 2024 sharply fell by 24%. The CNCDA reported on Thursday that Tesla's car registration in California has dropped 17% so far this year compared to last year, despite Tesla's.
Fed's Lael Brainard calls for raising the federal deposit insurance limit for deposit insurance companies.
Lorie Logan, president of the Federal Reserve Bank of Dallas, said that the current federal deposit insurance limit may be too low, especially after last year's turmoil in the US banking system. She said that since Congress last raised the limit to $250,000 in 2008, the economy has grown significantly, and added that if the limit were increased in line with nominal GDP, today's limit would be close to $500,000. The need for protection after the collapse of Silicon Valley Bank and Signature Bank also indicates that this limit is too low. Logan said in a speech at a meeting of the Federal Reserve Bank of Dallas on Thursday, "This is obviously in the bank."
Bank of America Options Spot-On: On July 18th, 257.19K Contracts Were Traded, With 3.37 Million Open Interest
On July 18th ET, $Bank of America(BAC.US)$ had active options trading, with a total trading volume of 257.19K options for the day, of which put options accounted for 45.7% of the total transactions,
10 Financials Stocks Whale Activity In Today's Session
This whale alert can help traders discover the next big trading opportunities.Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity
Goldman Sachs, Morgan Stanley and Bank of America Continued The Strong Trend With Their Second Quarter Financials
On Monday, bank earnings continued with The Goldman Sachs Group Inc (NYSE:GS), also joining the trend of topped profit and revenue estimates on the back of better-than-expected fixed income results