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BofA
Bank of America CEO Sees US Technical Recession in 3rd Quarter
SYDNEY—Bank of America Chief Executive Officer Brian Moynihan said on Tuesday the U.S. economy would reach a technical recession starting in the third quarter. Moynihan told The Financial Review's Business ...
March 7, 2023
BY
Reuters
Bank of America Profit Tops Estimates as Higher Rates Boost Income
Bank of America Corp. reported a bigger-than-expected fourth-quarter profit on Friday, helped by a surge in net interest ...
January 13, 2023
BY
Reuters
Bank of America Downgrades Coinbase Following FTX Collapse
Bank of America (BofA) has downgraded the shares of crypto exchange platform Coinbase following the collapse of the ...
November 19, 2022
BY
Naveen Athrappully
Bank of America Beats Profit Estimates as Interest Rates Climb
Bank of America Corp. on Monday reported a smaller-than-expected 9 percent drop in quarterly profit, as its interest ...
October 18, 2022
BY
Reuters
Bank of America’s Clients Use Virtual Assistant Over 1 Billion Times
Bank of America (BofA) on Wednesday said 32 million customers had used its virtual assistant, which allows them ...
October 13, 2022
BY
Reuters
JPMorgan, BofA Cautious on Job Cuts as Goldman Layoffs Loom
NEW YORK—JPMorgan Chase and Bank of America, the two largest U.S. banks by assets, expressed caution about job ...
September 14, 2022
BY
Reuters
Fed May Pause Policy Tightening in September, BofA Says
NEW YORK—The Federal Reserve could pause its monetary policy tightening in September if there is an economic deterioration ...
May 28, 2022
BY
Reuters
Bank of America Executives Bullish After Profit Beat
Bank of America Corp. provided a bullish outlook after reporting a smaller-than-expected 13 percent fall in first-quarter profit ...
April 19, 2022
BY
Reuters
US Consumers, Low-Income Households Included, Still Spending, BofA Research Says
U.S. consumer credit and debit card spending so far in 2022 is up 15 percent on a year ...
April 15, 2022
BY
Reuters
A ‘Recession Shock’ Is Coming, BofA Warns
LONDON—The macro-economic picture is deteriorating fast and could push the U.S. economy into recession as the Federal Reserve ...
April 8, 2022
BY
Reuters
BofA Coins New FANG Equivalent For Semiconductor Stocks, ‘MANGO’
Bank of America analyst Vivek Arya's recent discussions with investors about the U.S. Semiconductors sector have "overwhelmingly" been ...
March 26, 2022
BY
Benzinga
US Treasuries See Biggest Inflows in Two Years as Recession Risks Rise: BofA
LONDON—Investors pumped money into U.S. Treasuries at the fastest pace in nearly two years in the week to ...
February 18, 2022
BY
Reuters
Why This BofA Securities Analyst Is Cutting Airline Price Targets
The underlying fundamentals in the airline sector remain challenging. Against this backdrop, investors should focus on quality names such ...
January 25, 2022
BY
Benzinga
Here’s Why BofA Remains Bullish On Alphabet
Bank of America analyst Justin Post raised the price target on Alphabet Inc. to $3,470 from $3,210 and reiterated a Buy ...
January 21, 2022
BY
Benzinga
Investors Raise Cash on Hawkish Central Banks Worries
Investors raised cash allocations to 5.1 percent on growing concerns over central bank hawkishness, BofA Securities' monthly fund ...
December 14, 2021
BY
Reuters
Narrowing Equity Market Breadth May Signal a ‘Market Top’: BofA
LONDON—Narrowing equity market breadth, rising volatility, and the prospects of rate hikes are the classic signs of a ...
December 3, 2021
BY
Reuters
Bank of America Upgrades Square to Neutral
Bank of America analyst Jason Kupferberg upgraded Square Inc. to Neutral from Underperform with a price target of ...
December 1, 2021
BY
Benzinga
GlobalFoundries Is at the Right Place, at the Right Time, BofA Says
GlobalFoundries Inc. is well-positioned with only a 10 percent share of an addressable market opportunity estimated at $70 ...
November 23, 2021
BY
Benzinga
Equity Funds 2021 Inflows Hit $1 Trillion: BofA
LONDON—Investors ploughed $13.2 billion into equity funds in the week to Wednesday, though fixed income inflows slowed and ...
November 19, 2021
BY
Reuters
Global Investors Ending 2021 ‘Risk-On’: BofA
MILAN—Investors are heading towards the end of the year in a "risk-on" mood, having reduced cash allocations and ...
November 16, 2021
BY
Reuters
Equity, Bond Funds See Inflows as Markets Hit Rough Patch: BOFA
LONDON—Investment flows into equities slowed while emerging market debt and equity funds saw the biggest redemption in ten ...
October 15, 2021
BY
Reuters
Investors Pile Into Cash and TIPS in Week to Wednesday: BofA
LONDON—Investors ploughed $14.9 billion into cash in the week to Wednesday and snapped up $1.8 billion of inflation ...
October 8, 2021
BY
Reuters
Equity, Bond Funds See Inflows as Markets Hit Rough Patch: BOFA
LONDON—Global equity and bond funds saw modest inflows at the expense of cash and gold funds even as ...
October 1, 2021
BY
Reuters
TOP NEWS
Lawsuit Seeks to Block Trump’s Planned UFC Match at White House
NEW
By
Aldgra Fredly
Trump Endorsement Pits Newcomer Against Familiar Face in Deep Red Nevada House Primary
NEW
By
John Haughey
Israel Strikes Iran After Tehran’s Missile Attack
5hr
By
T.J. Muscaro
America in Photos: USS Iwo Jima Naval Homecoming, Belmont Stakes Horse Race, and Tiananmen Massacre Memorial
5hr
By
Epoch Times Staff
China Ramps Up Patrols Near Taiwan Following Japan–Philippines Border Talks
7hr
By
Dorothy Li
Trump on Iran Conflict: Troops Staying Until ‘We Have a Completion’
9hr
By
T.J. Muscaro
Israel Strikes Beirut Days After US-Supported Ceasefire Announcement
11hr
By
Jack Phillips
Former Utah Attorney General Fights the Evil That Lurks in Quiet Places
11hr
By
Savannah Hulsey Pointer
US Forces Shoot Down 2 Iranian Drones
13hr
By
Jacki Thrapp
US Won’t Unfreeze Iran’s Assets Before Peace Deal Is Reached, Trump Says
14hr
By
Jacki Thrapp