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2024-04-28 09:00:00 ET Summary Stock markets anticipate no interest rate cuts from the Federal Reserve in their upcoming meeting. Fed Chair Jerome Powell will focus on maximum employment and stable prices in his announcement. Investors should pay attention to indicators such a...
2024-04-28 06:20:00 ET Billionaire investor Warren Buffett has a massive following in the investing world. Many investors often mimic his picks, knowing that investments Buffett chooses for his portfolio have solid fundamentals and can make for good long-term investments. The three top hold...
2024-04-28 03:25:00 ET Since last November, Bank of America (NYSE: BAC) stock has gone on a tear, gaining nearly 44%. Bank stocks have benefited from the Federal Reserve pausing its interest rate-hiking campaign. However, inflationary pressures remain sticky, pushing back interest r...
2024-04-27 11:40:00 ET Summary Bank of America's Q1 financial results showed a small increase in net interest income and a decrease in non-interest expenses. The FDIC Special Assessment had a negative impact on the bank's net income, but preferred dividends remain safe. The Se...
2024-04-27 10:00:00 ET Summary We are maintaining our Buy rating for BAC, with the stock's massive returns of +52.2% well outperforming the wider market at +23% since October 2023. Even so, the stock is merely fairly valued here, with the bank still generating robust profitability...
NEW YORK, April 26, 2024 (GLOBE NEWSWIRE) -- The U.S. Environmental Protection Agency has recognized Verizon Communications Inc. (NYSE, Nasdaq: VZ) as a recipient of the 2024 ENERGY STAR® Partner of the Year – Sustained Excellence Award in the Energy Management category. This marks th...
BALTIMORE, April 26, 2024 (GLOBE NEWSWIRE) -- In response to the recent tragedy at the Francis Scott Key Bridge in Baltimore, Verizon is donating $25,000 to the Maryland Tough Baltimore Strong Key Bridge Fund in collaboration with the Baltimore Community Foundation (BCF). Verizon’s con...
Bank of America Declares Second-Quarter 2024 Stock Dividends PR Newswire CHARLOTTE, N.C. , April 25, 2024 /PRNewswire/ -- Bank of America Corporation today announced the Board of Directors declared a regular quarterly cash dividend on Bank of America common stock...
NEW YORK, April 25, 2024 (GLOBE NEWSWIRE) -- Research has shown that the average U.S. household has over $11,000 worth of home technology products 1 . As the number of devices we rely on at home continues to increase, so does the need to protect them. For $25/month (plus applicable taxes), cu...
2024-04-25 08:10:00 ET Summary Global stock indices continued an upward trend in March, with both U.S. and non-U.S. stocks rising by 3%. Nvidia unveils groundbreaking Blackwell chip at GTC 2024, CEO predicts AI's influence will expand across all facets of life. Portfolio chang...
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2024-07-23 06:30:00 ET Warren Buffett's investment approach has proven wildly successful over time. Berkshire Hathaway 's (NYSE: BRK.A) (NYSE: BRK.B) stock performance has consistently outpaced most major market indices since Buffett took control in 1965. His strategy involves c...
2024-07-23 04:00:00 ET Warren Buffett has indisputably one of the best investing track records of all time, so it's no surprise that many investors closely track every move the 93-year-old billionaire makes. Buffett's stock moves are usually disclosed in his conglomerate Berkshire Hat...
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 &...