BAC News and Press, Bank of America Corporation

NEW YORK, July 22, 2024 (GLOBE NEWSWIRE) -- Verizon Communications Inc. (“Verizon”) (NYSE, NASDAQ: VZ) today announced the commencement of private offers to exchange the 10 outstanding series of notes listed in the table below and maturing from 2025 through 2028 (collectively, the &...

S&P 500 futures inched up Monday after the broad market index suffered its worst weekly losses since April last week as investors rotated out of megacap technology stocks for smaller names. Futures for the Dow Jones Industrials gained 57 points, or 0.1%, to 40,614. Futures for the muc...

Company remains on track to meet full-year 2024 financial guidance 2Q 2024 Highlights Wireless: Accelerated growth in wireless service revenue Total wireless service revenue 1 of $19.8 billion, a 3.5 percent increase year over year. Retail postpaid phone ne...

2024-07-22 06:02:23 ET Warren Buffett’s Berkshire Hathaway ( NYSE: BRK.A ) ( NYSE: BRK.B ) sold about 34M shares of Bank of America ( NYSE: BAC ) for ~$1.48B in multiple transactions, according to an exchange filing.... Read the full article on Seeking A...

2024-07-21 16:15:00 ET More on Bank of America, Citigroup, etc. Bank of America Up 5% Post-Earnings: I'll Sit Tight JPMorgan And Citigroup Earnings Summaries: Like Both, But Citigroup Is A Cheaper, Longer-Term Play U.S. Bancorp (USB) Q2 2024 Earnings Call Transcript ...

2024-07-21 10:53:00 ET Meta Platforms (NASDAQ: META) has, despite a few missteps, been a roaring success as a company over the years. It continues to be quite the juggernaut on the stock market, too. It might be hard to believe now, but the company's IPO price was set at $38 per sha...

2024-07-20 18:12:00 ET Shares of Bank of America (NYSE: BAC) surged following the release of its latest quarterly earnings. The megabank beat expectations with results benefiting from a resilient economic backdrop and improving credit conditions. The stock is up an impressive 31% ye...

2024-07-20 15:58:00 ET Amidst the flurry of corporate announcements this earnings season, the financial markets witnessed a spectrum of performances across various sectors. As the spotlight turns to the latest financial disclosures, the resilience of the U.S. economy remains a focal point a...

2024-07-20 13:21:00 ET The financial sector saw 23 more companies belonging to the S&P 500 Financial Sector ( NYSEARCA: XLF ) report its quarterly results this week. QTD, XLF was trading 3.34% higher, as compared to SPY's rise of 5.73%. The financial sector has been in foc...

2024-07-20 06:32:00 ET Bank of America (NYSE: BAC) has performed extremely well since bottoming out in late 2023, as investor sentiment has certainly shifted when it comes to the banking industry. In this short video, I'll give a rundown of the bank's latest numbers and explain why ...