BACRP News and Press, Bank Of America Corp. 7% PRF PERPETUAL USD - Ser B From 07/06/23

2023-07-06 07:13:20 ET Summary Cohen & Steers is the top REIT closed-end fund team that offers several choices for real estate exposure. RLTY and RNP are two funds that have provided similar results, but their valuations have been quite different, leading to a swap potential i...

2023-06-28 11:18:28 ET Summary JetBlue Airways is currently undergoing a potentially beneficial acquisition of Spirit Airlines. Despite regulatory concerns, I believe the deal will likely go through. The airline industry, including JetBlue, suffered significantly during the COVID-...

2023-06-27 07:15:46 ET Summary Harris Associates' 13F portfolio value increased from $52.56B to $55.60B in Q1 2023, with the largest five stakes being Alphabet, Amazon.com, Fiserv, Oracle, and Charter Communications, which add up to around 21% of the portfolio. The firm currently ...

2023-06-26 10:30:45 ET Summary Three of the thirty largest US banks collapsed earlier this year, raising concerns about the stability of the broader banking sector. Upcoming Federal Reserve stress tests and Q2 earnings reports will provide insight into the health of banks and the ...

2023-06-22 09:11:43 ET Summary The John Hancock Hedged Equity & Income Fund is designed to hedge one's portfolio, investing in a diversified mix of value-oriented sectors and employing options writing and futures contracts strategies. The fund's deep discount and history of to...

2023-06-20 19:30:00 ET Summary Following the bankruptcies of SVB and First Republic, many have voiced their disdain for bank stocks ~ I believe bankruptcies spell opportunity. Bank of America struggled mightily following the 2008 financial crisis. But Brian Moynihan and Dodd-Frank...

2023-06-20 07:24:17 ET Summary Prem Watsa's 13F portfolio value decreased from $4.02B to $1.75B, primarily due to Atlas Corp.'s "take private" transaction. The top three positions are Micron Technology, Kennedy-Wilson, and Blackberry, accounting for ~38% of the entire 13F portfoli...

2023-06-17 09:00:00 ET Summary Jane's retirement accounts generated a total of $1,952.59 of dividend income for May 2023 vs. $1,514.11 of dividend income for May 2022. Only one company paid an increased dividend or issued a special dividend during the month of May. May was a b...

2023-06-12 21:59:06 ET Bank of America Corporation (BAC) Morgan Stanley US Financials, Payments and CRE Conference Call June 12, 2023 16:00 ET Company Participants Aron Levine - President, Preferred Banking Holly O’Neill - President, Retail Banking Confe...

2023-06-10 05:28:47 ET Summary Microsoft's AI-powered tools like GitHub Copilot and Office 365 offer enhanced productivity and efficiency, opening up new revenue streams and driving growth. MSFT is expected to extend AI Copilot functionalities to other platforms, such as Dynamics ...