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Banking Roundup: JPMorgan health care venture names COO… Wells Fargo questioned on gender bias

The nation’s largest banks — such as JPMorgan Chase & Co. (NYSE: JPM), Bank of America Corp. (NYSE: BAC), Wells Fargo & Co. (NYSE: WFC), Citigroup Inc. (NYSE: C), Goldman Sachs Group Inc. (NYSE: GS) and Morgan Stanley (NYSE: MS) — have operations.....»»

Category: topSource: bizjournalsSep 5th, 2018

Apple stock will soar 36% as it gears up to launch an AI-enable iPhone, BofA says

Bank of America said Apple could announce a 5% dividend increase and $90 billion share buyback program when it releases earning.....»»

Category: topSource: businessinsiderApr 22nd, 2024

Microsoft has 17% upside potential and upcoming earnings will show strong AI-driven growth, Bank of America says

Bank of America raised Microsoft's earnings estimate by 1% above its $60.5 billion Q3 revenue forecast, citing sustained Azure strength. Drew Angerer/Getty Images Bank of America raised its Microsoft earni.....»»

Category: worldSource: nytApr 18th, 2024

Warren Buffett commands a $270 billion stock portfolio - and 5 holdings make up 75% of its total value

Buffett's Berkshire Hathaway owned $203 billion worth of Apple, Bank of America, and three other stocks at the end of March. Warren Buffett REUTERS/Marc Cardwell Warren Buffett has a $270 billio.....»»

Category: topSource: businessinsiderMay 25th, 2021

Bank of America to pay $75M to settle lawsuit over excessive fees, Reuters says

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMay 14th, 2021

See where Lambert"s largest carrier lands on J.D. Power airline satisfaction ranking

The J.D. Power airline satisfaction results are from a period during which North America's airline industry lost more than $40 billion in revenue and passenger volume dropped 60%......»»

Category: topSource: bizjournalsMay 14th, 2021

Delta tops J.D. Power airline satisfaction ranking, beating Southwest and Alaska

Results are from period during which North America's airline industry lost more than $40 billion in revenue and passenger volume dropped 60%......»»

Category: topSource: bizjournalsMay 13th, 2021

PPP loan data reveals which Philadelphia-area banks did the most lending in 2021

A bank based in Berks County with just $18 billion in assets churned out more PPP loans than Chase, Wells Fargo or Bank of America......»»

Category: topSource: bizjournalsMay 11th, 2021

More money has flowed into the stock market over the past 5 months than in the past 12 years, according to Bank of America

Bank of America said $602 billion had flowed into global stocks in the past five months, compared w.....»»

Category: dealsSource: nytApr 23rd, 2021

More money has flowed into the stock market over the last 5 months than in the past 12 years, according to Bank of America

$602 billion has flowed into global stocks in the past five months, .....»»

Category: smallbizSource: nytApr 23rd, 2021

3 reasons to be bearish on Intel despite a new CEO and a $20 billion semiconductor production plan, according to Bank of America

BofA analysts said falling sales and margins coupled with a potentially costly move into semiconductor production could hurt Inte.....»»

Category: smallbizSource: nytApr 23rd, 2021

Warren Buffett"s Berkshire Hathaway has scored a $12 billion gain on American Express and Bank of America this year

The billionaire investor's company has made about $4 billion on American Express and $8 billion on Bank of America in under five months. Warren Buffett. AP Images Warren Buffett has racked up a $12 billion gain on two stocks .....»»

Category: worldSource: nytApr 20th, 2021

Market Extra: Get ready for stock buybacks to roar back

Bank of America this week announced a new $25 billion share buyback program, but it is probably only the start......»»

Category: topSource: marketwatchApr 16th, 2021

Market Extra: Bank of America tops charts with $15 billion bond deal, the biggest ever from a bank

Major U.S. financial powerhouses Bank of America and JP Morgan are going on a borrowing spree, after reporting blockbuster first-quarter financial results this week, smashing record after record along the way......»»

Category: topSource: marketwatchApr 16th, 2021

Bank of America doubles profits in first quarter, aided by $2.7B reserve release

On Thursday, Bank of America reported net income of $8.05 billion, or 86 cents per diluted share, in the first quarter......»»

Category: topSource: bizjournalsApr 15th, 2021

Bank of America doubles profits in first quarter, aided by $2.7B reserve release

On Thursday, Bank of America reported net income of $8.05 billion, or 86 cents per diluted share, in the first quarter......»»

Category: topSource: bizjournalsApr 15th, 2021

Bank of America stock jumps toward 13-year high after profit beat, new $25 billion buyback program

Shares of Bank of America Corp. rose 1.8% toward a 13-year high in premarket trading Thursday, after the bank reported profit that more than doubled and be.....»»

Category: topSource: marketwatchApr 15th, 2021

Bank of America increases commitment to $1.25B to tackle racial, economic disparities

Bank of America Corp. has increased its multiyear commitment to tackle racial and economic disparities to $1.25 billion over five years. Additional support will go toward Asian American communities......»»

Category: topSource: bizjournalsMar 31st, 2021

Warren Buffett"s Berkshire Hathaway scores $17 billion gain across 5 stocks as value stages a comeback

The famed investor's company has made a remarkable $9 billion on its Bank of America stake since January. Warren Buffett. REUTERS Warren Buffett has racked up $17 billion in gains across just five stocks this year.Berkshire Hathaway.....»»

Category: topSource: businessinsiderMar 19th, 2021

Bitcoin uses more energy than American Airlines and each $1 billion in inflows is equal to owning 1.2 million cars, Bank of America says

Bitcoin has a.....»»

Category: topSource: businessinsiderMar 18th, 2021