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BofA

  • Bank of America CEO Sees US Technical Recession in 3rd Quarter
    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, 2023BY Reuters
  • Bank of America Profit Tops Estimates as Higher Rates Boost Income
    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, 2023BY Reuters
  • Bank of America Downgrades Coinbase Following FTX Collapse
    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, 2022BY Naveen Athrappully
  • Bank of America Beats Profit Estimates as Interest Rates Climb
    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, 2022BY Reuters
  • Bank of America’s Clients Use Virtual Assistant Over 1 Billion Times
    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, 2022BY Reuters
  • JPMorgan, BofA Cautious on Job Cuts as Goldman Layoffs Loom
    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, 2022BY Reuters
  • Fed May Pause Policy Tightening in September, BofA Says
    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, 2022BY Reuters
  • Bank of America Executives Bullish After Profit Beat
    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, 2022BY Reuters
  • US Consumers, Low-Income Households Included, Still Spending, BofA Research Says
    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, 2022BY Reuters
  • A ‘Recession Shock’ Is Coming, BofA Warns
    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, 2022BY Reuters
  • BofA Coins New FANG Equivalent For Semiconductor Stocks, ‘MANGO’
    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, 2022BY Benzinga
  • US Treasuries See Biggest Inflows in Two Years as Recession Risks Rise: BofA
    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, 2022BY Reuters
  • Why This BofA Securities Analyst Is Cutting Airline Price Targets
    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, 2022BY Benzinga
  • Here’s Why BofA Remains Bullish On Alphabet
    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, 2022BY Benzinga
  • Investors Raise Cash on Hawkish Central Banks Worries
    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, 2021BY Reuters
  • Narrowing Equity Market Breadth May Signal a ‘Market Top’: BofA
    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, 2021BY Reuters
  • Bank of America Upgrades Square to Neutral
    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, 2021BY Benzinga
  • GlobalFoundries Is at the Right Place, at the Right Time, BofA Says
    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, 2021BY Benzinga
  • Equity Funds 2021 Inflows Hit $1 Trillion: BofA
    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, 2021BY Reuters
  • Global Investors Ending 2021 ‘Risk-On’: BofA
    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, 2021BY Reuters
  • Equity, Bond Funds See Inflows as Markets Hit Rough Patch: BOFA
    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, 2021BY Reuters
  • Investors Pile Into Cash and TIPS in Week to Wednesday: BofA
    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, 2021BY Reuters
  • Equity, Bond Funds See Inflows as Markets Hit Rough Patch: BOFA
    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, 2021BY Reuters
TOP NEWS
  • US Forces Strike Iranian Military Infrastructure in 12th Consecutive Night of Attacks
    4hr By Kimberly Hayek
    US Forces Strike Iranian Military Infrastructure in 12th Consecutive Night of Attacks
  • Company Disputes New Jersey’s Claim About ‘Serious Software Error’ That Added Noncitizens to Voter Roll
    4hr By Timothy Frudd
    Company Disputes New Jersey’s Claim About ‘Serious Software Error’ That Added Noncitizens to Voter Roll
  • Here’s Who Won Key House Primaries in Arizona
    5hr By Nathan Worcester
    Here’s Who Won Key House Primaries in Arizona
  • FDA Investigates New Cyclospora Outbreak as Cases on Rise Across Midwest
    7hr By Kimberly Hayek
    FDA Investigates New Cyclospora Outbreak as Cases on Rise Across Midwest
  • Trump Denounces Communism, Touts Trump Accounts for Children in Georgia Speech
    8hr By Travis Gillmore
    Trump Denounces Communism, Touts Trump Accounts for Children in Georgia Speech
  • 124 Swiss Lawmakers Condemn Beijing’s Transnational Repression of Falun Gong
    8hr By Arthur Zhang
    124 Swiss Lawmakers Condemn Beijing’s Transnational Repression of Falun Gong
  • Live From Capitol Hill: ‘Unbroken’ Panel Discussion on Artistic Freedom
    8hr By Epoch Video
    Live From Capitol Hill: ‘Unbroken’ Panel Discussion on Artistic Freedom
  • The New Cholesterol Pill Isn’t for Everyone. Here’s How to Tell.
    9hr By Sheramy Tsai
    The New Cholesterol Pill Isn’t for Everyone. Here’s How to Tell.
  • Senate Panel Advances Bill to Make Hospitals Compete on Price
    10hr By Lawrence Wilson
    Senate Panel Advances Bill to Make Hospitals Compete on Price
  • House Adopts Budget Blueprint for $95 Billion Reconciliation Package
    10hr By Jackson Richman
    House Adopts Budget Blueprint for $95 Billion Reconciliation Package
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