Bank of America shares rise after earnings top expectations on cost-cutting, lower taxes - CNBC

Wall Street was mostly flat on Monday as a slump in oil prices dragged energy shares lower, offsetting a jump in financial stocks after Bank of America's strong results reinforced expectations of earnings growth for U.S. companies......»»

The S&P 500 ended slightly lower on Monday following a drop in oil prices that weighed on energy shares and offset a jump in financials as Bank of America's results reinforced expectations of a strong U.S. earnings season......»»

The S&P 500 ended slightly lower on Monday following a drop in oil prices that weighed on energy shares and offset a jump in financials as Bank of America's results reinforced expectations of a strong U.S. earnings season......»»

Bank of America's third-quarter profit rose as higher interest rates allowed it to charge more for loans,and lower corporate tax rates helped it .....»»

Bank of America shares are trading lower by 1.3% during Friday's session. A number of major U.S. banks reported first-quarter earnings Friday. read more.....»»

Shares of Bank of America Corp. rose 0.7% in premarket trading Wednesday, after the bank reported fourth-quarter earnings that topped expectations. Net income was $6.75 billion, or 74 cents a share, compared with $7.04 billion, or 70 cents .....»»

Following the market opening Wednesday, the Dow traded down 0.10% to 26996.43 while the NASDAQ fell 0.22% to 8130.40. The S&P also fell, dropping 0.0.....»»

Following the market opening Wednesday, the Dow traded down 0.10% to 26996.43 while the NASDAQ fell 0.22% to 8130.40. The S&P also fell, dropping 0.08% to 2,993.34. read more.....»»

Bank of America Corp (NYSE: BAC) shares traded higher on Tuesday but remain down slightly overall in the past six months after global economic uncertainty prompted the Federal Reserve to begin cutting interest rates. read more.....»»

Following the market opening Wednesday, the Dow traded down 0.11% to 27304.80 while the NASDAQ fell 0.06% to 8,217.54. The S&P also fell, dropping 0.17% to 2,998.97. Leading and Lagging Sectors Utilities shares rose 0.5%.....»»

Wells Fargo & Co reported higher quarterly earnings on Tuesday, due in part to lower expenses, but the bank reined in its outlook for cost cuts to invest in improving its risk management......»»

Bank of America Corp on Tuesday reported first-quarter revenue that fell short of expectations and predicted that net interest income would rise half as fast this year, sending its shares down......»»

(Reuters) - General Electric Co posted quarterly results that topped expectations on Friday, as earnings from aviation, healthcare and transportation offset weak power and oil-and-gas profits, sending shares sharply higher......»»

Shares in Italy's troubled lender, Monte dei Paschi, jump ten per cent in early trade as the bank reveals it's swung to profit in the first quarter, helped by cost cutting and lower loan losses. Silvia Antonioli reports......»»

U.S. stocks opened flat on Monday as losses in energy shares due to lower oil prices offset gains in the financial sector after a robust quarterly report from Bank of America......»»

Shares of Morgan Stanley surged 3.3% in premarket trade Wednesday, after the bank reported second-quarter earnings and revenue that rose above expectations, boosted by better-tha.....»»

Bank of America Corp reported a better-than-expected rise in quarterly profit on Monday as the second-largest U.S. lender benefited from cost cuts, while higher interest rates and loan growth helped offset weaker bond trading revenue......»»

Bank of America Corp reported a better-than-expected rise in quarterly profit on Monday as the second-largest U.S. lender reined in costs, while higher interest rates and loan growth helped offset lower bond trading revenue......»»

Bank of America Corp reported a better-than-expected rise in quarterly profit on Monday as the second-largest U.S. lender reined in costs, while higher interest rates and loan growth helped offset lower bond trading revenue......»»

Following the market opening Monday, the Dow traded down 0.15 percent to 25,302.24 while the NASDAQ declined 0.94 percent to 7,426.32. The S&P also fell, dropping 0.41 percent to 2,755.87. read more.....»»