PRE-MARKET MOVERS: Bank of America Corp shares higher, BlackRock Inc down and Arconic Inc higher on takeover speculation
Also in the frame in pre-market deals is Deutshe Bank and its surprise quarterly result
Company
Bank of America Corp
NYSE:BAC
Bank of America Corp is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 68 million consumer and small business clients with approximately 3,900 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 57 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world.
128 stories · page 4 of 7
PRE-MARKET MOVERS: Tesla boss Musk in farting unicorn image row; Wells Fargo and big banks up in pre-market
Constellation Brands and Nike were also in the telescopic spotlight of investors before the bell
Daily CryptoCann Report: Wells Fargo to ban crypto purchases on its credit cards; Aurora Cannabis acquires marijuana testing lab
JPMorgan Chase, Bank of America, Citigroup and TD Bank have also banned crypto purchases on their cards
Bank of America reports strong Q1 results on deposit and loan growth
The bank's earnings per share came to 62 US cents per share in Q1 on US$6.92bn in net income
Investments and investor services
US benchmarks close higher as earnings season points to strong growth
US stocks advanced as traders remain bullish about the corporate earnings season
Echelon analyst Ralph Garcea bets on Universal mCloud’s “unfair advantage”
Some of the world's top companies rely on mCloud's unique mix of AI, AR and 3D
Warren Buffett now has a US$28.2bn stake in Apple
With an old-school flip-phone in his pocket, you wouldn’t think Apple would be one of the investment guru’s favourite stocks, but a US$28.2bn stake would suggest otherwise
Investments and investor services
Stocks reach for the sky while Bitcoin stages a recovery
The Dow enjoyed its best session in seven weeks, rising 323 points
Bank of America's fourth quarter numbers disappoint
"Responsible growth delivered solid results in 2017," said Brian Moynihan, the bank's CEO said
Bank of America's broking arm Merrill Lynch fined £34.5mln by UK financial regulator
The Financial Conduct Authority said the fine was imposed because Merrill Lynch failed to report 68.5mln exchange traded derivative transactions between February 2014 and February 2016
Nasdaq Composite closes on new high despite stocks easing back in the afternoon session
The Nasdaq rose 14 points on the day to close at a record closing level of 6,606.
Bank of America shares up premarket after third quarter results beat market expectations
All was not rosy however. The lender, together with other bankers, had warned that trading revenue would come under pressure
FTSE 100 ends week on a dull note
After looking like it might regain par, the Footsie faded in the final 15 minutes of trade
Nasdaq powers up 83 pts into close as tech stocks bounce back
US shares are heading higher at the close on Wall Street
Berkshire Hathaway, Bank of America, AeroVironment Inc - AFTER HOURS
We stayed up at Proactive to see what was happeninbg after hours in New York
Goldman Sachs posts steep drop in trading revenues although second quarter profits see surprise rise
The fifth largest US bank by assets reported earnings of US$3.95 a share, beating consensus expectations of US$3.39, but down from US$3.72 a year earlier
Bank of America's second quarter profit beats expectations as rising short term interest rates offset trading slump
The lender's global market business saw revenues fall, reflecting a weakness in bond trading that has also hit other big banks, although overall second-quarter revenue still rose by 10% to US$23.07bn
Tesla, Goldman Sachs, Movado Group and Trump, North Korea in focus - PRE-MARKET
We are covering all the movers and shakers at Proactive on Wednesday
Goldman Sachs, Morgan Stanley, Caterpillar, Costco Wholesale in headlines
Here's what's moving early on as Wall Street readies to open for business
Bank of America posts better-than-expected jump in quarterly earnings
Bank of America's first quarter profits were supported by loan growth and investment banking fees