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Boston Children's Hospital today announced a $10 million grant from Bank of America to help establish a new pediatric behavioral health campus, marking an important step forward in expanding access to urgently needed mental health care for children and adolescents.
SMR stocks provide plenty of upside potential, but they're not without risk.
Bank of America slashed its Fair Isaac price target by half, yet the stock kept falling right through it. What regulators just changed about mortgage credit scoring may have permanently altered the case for owning FICO.
Citigroup is getting hit harder than Bank of America despite the legal headline landing at Merrill Lynch, and the gap between the two lenders points to something beyond the settlement driving the selloff across money-center banks.
Bank of America just raised its dividend again, but a razor-thin capital cushion separates the next raise from a payout freeze. Here is the precise mechanism that determines whether shareholders get another bump or watch buybacks disappear first.
Key TakeawaysLiquidia shares are down 14% after BofA cut its price target to $40 from $92, and BTIG and Raymond James both downgraded the stock. The drop follows Wednesday’s roughly 57% crash, after a Delaware court ruled that Yutrepia infringes two claims of a United Therapeutics patent.
Key Stats for Bank of America StockPrice change for Bank of America stock in last 6 months: 10%$BAC Stock Price as of Sep. 30: $5452-Week High: $65$BAC Stock Price Target: $69What Happened?Bank of America’s (BAC:NYSE) Merrill Lynch unit will pay $39 million to settle a class action over cash sweep accounts.
Bank of America today announced its Personal Retirement Strategy (PRS) program has surpassed $100 billion in total assets, including more than $10 billion in assets under management by Merrill Managed.
Key TakeawaysBank of America’s total deposits grew from $1. 93 trillion in Q3 2024 to $2.
BofA remains bullish on Northrop, citing major defense programs and potential protest prospects.
Amrize (AMRZ) shares have been under considerable pressure as investors reassess the building-materials company's earnings trajectory, margins, and execution.
The outlook for bank stocks can’t get much worse, and that’s exactly why they look appealing. The ETF, home to investment banks and other lenders, has fallen 12% to $63 from an August record high of just over $71. One reason for those worries is the Federal Reserve’s September interest-rate increase.
Bank of America has delivered a powerful share price run over the past few years, even though the stock has recently pulled back. That gap between a strong multi year return and a weaker recent stretch raises a simple question for you as an investor: Is the current valuation really backed by the returns the bank earns on its capital? Over the past 3 years, Bank of America has returned about 125.5%, which puts real pressure on the underlying return on capital to justify where the stock trades...
Bank of America sees something changing beneath the surface for two tech giants.
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