Archive for Tag: Bank of America Stock

Bank of America

Bank of America profit more than doubles on reserve release boost

Bank of America (NYSE:BAC) UP 1.42% AT 39.88 Bank of America Corp’s profit more than doubled in the first quarter and topped Wall Street estimates as it released reserves it had set aside to cover potential coronavirus loan losses. The second-largest U.S. bank by assets unlocked $2.7 billion from...

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Stock To Trade

TOP 5 STOCKS TO WATCH OUT TODAY 19 MARCH 2021

1.GOOGLE -Google’s plan to block a popular web tracking tool called “cookies” is a source of concern for U.S. Justice Department investigators who have been asking advertising industry executives whether the move by the search giant will hobble its smaller rivals, people familiar with the situation said. Alphabet Inc’s...

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BANK OF AMERICA

‘Taper tantrum’ worries creeping in, but equity crash not imminent

BANK OF AMERICA DOWN 0.50% AT 37.75 Investors have slightly increased their cash allocation, deeming that inflation and ‘taper tantrums’ could topple the record rally in financial markets, BofA’s March fund manager survey showed on Tuesday. Unprecedented stimulus measures have sparked worries about inflation, driving U.S. 10-year borrowing costs...

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Bank of America

The stimulus money isn’t going to be spent, Bank of America says

Bank of America DOWN 2.18% AT 36.32 Bank of America’s research investment committee say it won’t, and brings some new data to the table. First, it cited data from the Census Bureau showing that of the households who received a $600 stimulus check in the first half of February,...

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