|Bid||27.92 x 800|
|Ask||27.93 x 2900|
|Day's range||27.86 - 28.07|
|52-week range||22.66 - 31.91|
|Beta (3Y monthly)||1.56|
|PE ratio (TTM)||10.38|
|Earnings date||17 Jul 2019|
|Forward dividend & yield||0.60 (1.96%)|
|1y target est||33.40|
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Bank of America (BAC) have what it takes? Let's find out.
Both JPMorgan (JPM) and Bank of America (BAC) are well poised for growth on the back of strong fundamentals. But JPMorgan holds an edge based on several factors.
Goldman Sachs Group Inc., Nomura Holdings Inc. and JPMorgan Chase and Co. are among those that have rewritten their forecasts as U.S. President Donald Trump threatens to impose a 25% tariffs on around $300 billion of additional Chinese imports. Analysts at Nomura have made that hike in duties -- which would mean practically all of China’s exports to the U.S. are hit by tariff hikes -- their baseline forecast.
Investing.com - Tesla (NASDAQ:TSLA) fell sharply on Wednesday, as yet another broker offered up a bearish outlook on the electric automaker, warning the stock's steep decline could worsen.
Green Dot Corp. said Wednesday it has entered a $100 million accelerated share buyback program with Bank of America Merrill Lynch . The bank, which targets low-income customers with a range of retail banking services, said it will receive an initial delivery of about 1.7 million shares. The final number will be based on its volume-weighted average stock price during the transaction, which is expected to be completed in 2019. Shares were up 2% in premarket trade, but have fallen 40% in 2019, while the S&P 500 has gained 14%.
Jeffrey Halley, a 30-year currency trading veteran and market analyst at Oanda Asia Pacific Pte, reckons the pair could fall below 70 in the next two months. “Aussie-yen is the best bellwether for risk-off,” said Sean Callow, senior currency strategist at Westpac Banking Corp. “I don’t see a quick resolution to the U.S.-China trade war before the Group-of-20” meeting next month, he said. With U.S. President Donald Trump bringing the trade spat back to the fore by threatening to impose tariffs on almost all Chinese imports, investors are looking to benefit not just from potential downside in the Aussie, but also from gains in the yen, which is proving to be the most sought-after haven currency.
Futures in New York ended a choppy trading session 0.5% higher, as investors digested conflicting supply and demand signals. For the moment, they were won over by Saudi Energy Minister Khalid Al-Falih’s push this weekend for the OPEC+ coalition to “stay the course" on output curbs. “You’ve got some conflicting influences on the market and the price action today is pretty indicative of that," said Tyler Richey, co-editor at Sevens Report Research in Palm Beach Gardens, Florida.
Let's see if Bank of America Corporation (BAC) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.
According to a recent study, more than half of older millennials are still banking on Mom and Dad for up to a third of their monthly expenses.
Bank of America (BAC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
The Amazon purchase diverges from Berkshire Hathaway CEO Warren Buffett’s preference for undervalued blue-chip stocks like as Coca-Cola and Bank of America.
Bank of America Corp. said Wednesday it will raise its minimum hourly wage to $20 over a two-year period. The first incremental increase was to $17, which was made on May 1 and will be reflected in this week's paychecks. The rate will continue to increase until it reaches $20 in 2021. "We have raised our minimum wage because we believe that to best serve our customers and clients, we need the best teams," said Sheri Bronstein, chief human resources officer. The stock, which fell 1.0% in premarket trade amid a selloff in the broader stock market, has rallied 16.2% year to date through Tuesday, while the SPDR Financial Select Sector ETF has climbed 12.9% and the S&P 500 has gained 13.1%.
Last month, Bank of America announced that it would raise its minimum hourly wage to $20 over a two-year period. The hourly rate of pay will continue to increase until it reaches $20 in 2021. This is part of Bank of America’s commitment to being a great place to work and delivering sustainable, responsible growth through competitive benefits and programs that support the diverse needs of its 205,000+ employees. “We have raised our minimum wage because we believe that to best serve our customers and clients, we need the best teams,” said Sheri Bronstein, chief human resources officer at Bank of America.
Banking and Financial Stocks Tumble as Trade War EscalatesFinancial sector stocksTop banking stocks, including Citigroup (C) and Bank of America (BAC), were hit hard on May 13 amid heightened fears of a full-blown trade war between the United States
Four UBS Group AG private bankers overseeing $530 million in client assets are the latest to strike out on their own, creating a Portland, Maine-based firm called Great Diamond Partners, according to a statement Monday. Last week, five Bank of America Corp. advisers in Atlanta overseeing $450 million in client assets departed, while a $6 billion Texas team split from Morgan Stanley in April. Smoothing the way are technology ventures such as Dynasty Financial Partners, created by former Citigroup Inc. executives, which provide record-keeping, trading platforms and product offerings once available only at the largest firms.