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Bank of America Corporation (BML-PH)
After hours:
- Bloomberg
Goldman, BofA Give Up Lead Roles on Mega Adnoc Gas IPO
(Bloomberg) -- Goldman Sachs Group Inc. and Bank of America Corp. have relinquished their lead roles on Abu Dhabi National Oil Co.’s planned mega initial public offering of its natural gas business, people with knowledge of the matter said.Most Read from BloombergHindenburg’s Short Sell Call Shaves $12 Billion Off Adani StocksUS Confronts China Over Companies’ Ties to Russia War EffortUS and Germany Set to Send Tanks to Ukraine, Breaking DeadlockJosh Kushner Is Richer Than Trump After Billionair
- Reuters
Bank of America to give stock awards to rank-and-file workers
The second largest U.S. lender will award company shares that vest over four years to 96% of its almost 217,000 workers, according to the memo, which did not specify the amount of shares that would be given out. Eligible bank employees who earn less than $500,000 a year will receive the stock awards, while a smaller number will get cash payments, according to the memo.
- Motley Fool
2 Warren Buffett Stocks to Buy That Are Perfect for Your Retirement Accounts in 2023
Warren Buffett's still got it. Buffett's investment conglomerate, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B), once again crushed the market in 2022, besting the S&P 500's 18% decline (factoring in dividends) with a nearly 4% gain. For over five decades, Buffett has earned fortunes for Berkshire's shareholders by buying and holding high-quality, low-risk stocks.
