BAC241101P25000
- 0.08
- 0.000.00%
Bank of America Newsroom
JPMorgan regains the throne, rated as the best research institution for sell-side in the United States by institutional investors survey.
JPMorgan was rated as the best US sell-side research institution in a widely watched investor survey, reclaiming the top spot it held for most of the past 10 years. Bank of America dropped to second place in the latest Institutional Investor survey, after briefly wresting the throne from JPMorgan for a year last year. Morgan Stanley ranked third, followed by Evercore ISI and Jefferies Financial. Former JPMorgan employee Marko Kolanovic ranked first in stock-linked strategies.
Nasdaq Hits Record High While Wed Earnings Are Mixed | Wall Street Today
'Bank Of America Considering Suing A U.S. Consumer Watchdog Over The Agency's Inquiry Into The Bank's Processing Of Funds Through The Zelle Payment App' - Reuters News
Express News | Bank of America: Don't See Issues on Secrecy Act/Anti-Money Laundering and Sanctions Compliance Programs Having Material Adverse Financial Impact
Express News | Bank of America: Evaluating Next Steps, Including Litigation, Related to Cfpb Inquiry Related to Processing Electronic Payments - Filing
Express News | Bank of America: Cfpb Staff Initiated Discussions With Co to Pursue Resolution of Inquiry or File Enforcement Action - SEC Filing
Express News | Bank of America: Been Responding to Inquiry From Cfpb Regarding Processing of Electronic Payments of Funds Through the Zelle Network
10-Q: Quarterly report
Bank of America Options Spot-On: On October 29th, 63,794 Contracts Were Traded, With 3.11 Million Open Interest
USA government bonds posted their worst monthly performance in over two years, impacted by the election and the Treasury Department's new bond issuance.
USA Treasury bonds are heading towards the worst month in over two years, indicating a strong economy as the market prepares for next week's USA presidential election and a large issuance of new bonds. USA Treasury bonds briefly received a boost on Tuesday as job vacancies unexpectedly decreased, but this was offset by a surge in consumer confidence. Despite economic data released since the Federal Reserve's interest rate cut in mid-September generally outperforming expectations, traders still insist on betting on a 25 basis point rate cut at the Fed's meeting next week. The recent sharp decline has led to a key indicator measuring USA Treasury bonds falling 2.4% as of the close on Monday in October. This has set the USA bond market on a path similar to September 2022.
Wells Fargo's Mayo Assesses How the Election Will Affect Banks
Tuesday Market Falls on Tough Earnings, With AMD and Alphabet Reporting Tonight | Live Stock
Apple Q4 earnings preview: both revenue and profit are expected to exceed expectations. Strong performance in the China market.
Apple Inc. will release its fourth quarter financial report for the 2024 fiscal year ending in September on Thursday local time (early Friday morning Beijing time). This will be the first update on iPhone sales and the latest developments of Apple Intelligence since the release of the new iPhone in September. Wall Street analysts expect Apple's performance to be very strong this quarter (Note: Apple's fiscal year is different from the calendar year). According to FactSet's data, analysts predict Apple's fourth quarter earnings per share to reach $1.60. Net income is expected to reach $24.24 billion.
Tesla's Q3 financial report exceeded expectations, causing short sellers to lose $4 billion in two days.
Due to the third-quarter profits exceeding expectations, Tesla's stock price surged in recent days, causing short sellers to lose billions of dollars in just two days. Data from S3 Partners shows that after Tesla announced its third-quarter financial report last Thursday, short sellers had already lost $4.2 billion within two days. Last week, Tesla reported its third-quarter financial results for 2024. Revenue was $25.18 billion, slightly below analysts' expectations of $25.4 billion, but higher than the same period last year and the previous quarter. Adjusted earnings per share were $0.72, higher than analysts' expected $0.60. The highly anticipated gross margin.
Slow Day to Start Busy Week | Wall Street Today
Bank of America Options Spot-On: On October 28th, 93,181 Contracts Were Traded, With 3.17 Million Open Interest
Market Climbs as Investors Prepare for Biggest Earnings Week of the Year | Live Stock
Express News | Brian Weinstein Will Be Appointed as Head of Emea Global Markets at BofA - Memo Seen by Reuters
Goldman Sachs Adjusts Price Target on Bank of America to $49 From $48, Maintains Buy Rating
Bank of America Merrill Lynch: rates techtronic ind as a buy, target price raised to 125 Hong Kong dollars
Bank of America Securities released a research report stating that last week they arranged for investors to visit Techtronic Industries (00669)'s professional tool brand Milwaukee factory; Milwaukee contributed 65% to Techtronic's total sales. Participants had a positive response to this event. During the loose monetary policy of the Federal Reserve, the bank raised the target valuation multiple to a forecasted PE ratio of 23 times next year, and slightly updated the forecast for Techtronic, with the target price increasing from 108 Hong Kong dollars to 125 Hong Kong dollars accordingly, rating it as a "buy". The bank stated that even with a slowdown in construction spending, Milwaukee's sales are expected to increase by 11% compared to last year. The report mentioned,