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BAC News and Press, Bank of America Corporation

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Company Name: Bank of America Corporation
Stock Symbol: BAC
Market: NYSE
Website: bankofamerica.com

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BAC - Tracking Warren Buffett's Berkshire Hathaway Portfolio - Q1 2024 Update

2024-05-15 23:14:14 ET Summary Berkshire Hathaway's 13F stock portfolio value decreased from ~$352B to ~$332B in Q1 2024. The top five positions in the portfolio are Apple Inc., Bank of America, American Express, Coca-Cola, and Chevron. Berkshire Hathaway repurchased ~6.35M Cl...

BAC - Bank of America April credit card metrics come in mixed as lending stalls

2024-05-15 11:51:27 ET More on Bank of America Reviewing Two Bank Of America Fixed Rate Preferreds As Holds Bank of America: Wait For A Better Price Earning A 6-6.25% Preferred Dividend Yield With Bank of America U.S. consumers still resilient as spending per...

BAC - BofA Report: 70% of Prospective Homebuyers Feel Renting Could be Detrimental to their Financial Future

BofA Report: 70% of Prospective Homebuyers Feel Renting Could be Detrimental to their Financial Future PR Newswire More boomers favor renting, with little interest in buying a home CHARLOTTE, N.C. , May 15, 2024 /PRNewswire/ -- Many prospective homeb...

BAC - Verizon unveils new AI tools to transform customer experience

NEW YORK, May 14, 2024 (GLOBE NEWSWIRE) -- Verizon is enhancing the customer experience through new GenAI tools that are reimagining and improving the way the company serves its customers. In recent months, Verizon has been developing – and deploying – industry-leading, human-assist...

BAC - My Dividend Stock Portfolio: New April Dividend Record - 101 Holdings With 22 Buys

2024-05-14 08:10:00 ET Summary Portfolio changes in April focus on BDCs, aiming to increase dividend income by at least $100 each month. Dividend income hit a new all-time record for April of $736, basically flat Y/Y and up 12% sequentially. Gifted Working Time 2024: Around 85...

BAC - U.S. consumers still resilient as spending persists: BofA's Brian Moynihan

2024-05-13 15:31:42 ET More on the U.S. Economy Fed's Jefferson says bumpy inflation progress means rates should stay elevated The case for weaker inflation is quite strong - analyst The CPI Is Expected To Be Lower, What If It Isn't? Read the full article o...

BAC - Verizon electrifying Rhode Island fleet of service vehicles

Smithfield, Rhode Island, garage to deploy electric fleet and charging infrastructure for Fios vehicles. Deployment part of Verizon’s goal to achieve net-zero operational emissions by 2035. Verizon operates one of the largest private fleets in the United States. SMITHFIEL...

BAC - Verizon Frontline delivers critical connectivity solutions during INTEROP 2024

BRYAN-COLLEGE STATION, Texas, May 13, 2024 (GLOBE NEWSWIRE) -- The Verizon Frontline Crisis Response Teams recently completed a deployment in support of first responders participating in INTEROP 2024, an annual training exercise hosted by Texas A&M University’s ITEC Interoperability In...

BAC - Wall Street Brunch: CPI And Retail Headline The Week

2024-05-12 12:10:00 ET Summary The April CPI and PPI reports, as well as the April retail sales report, will provide insights into inflation and consumer spending. Walmart and Home Depot report earnings. OpenAI set to unveil a search function that could rival Google. ...

BAC - Bank Of America 6% Preferreds: The Fed's Not Cutting (Rating Downgrade)

2024-05-12 11:59:14 ET Summary Recently I turned neutral on Bank of America stock, from a previously bullish opinion. I still hold my shares but don't want to buy more. Since changing my opinion on BAC common stock, I haven't yet commented on the 6.2% yielding preferred shares. ...

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