The Bank of Canada's next interest rate hike won't come until the fourth quarter of 2014, according to a Reuters survey that saw economists push back forecasts for the next tightening due to the economy's tepid growth and low inflation.
While the market is up less than 0.5%, Bank of America (NYSE: BAC ) has been up as much as 2.2% in early trading this morning and is currently up just over 1%.
Bank of America Corp (NYSE:BAC) In the swirl of lawsuits facing the big banks over mortgage-backed securities, things can change seemingly on a daily basis.
The primary beneficiaries of the bailout were the nation's six largest banks, among them Bank of America Corp. (NYSE: BAC), The Goldman Sachs Group, Inc. (NYSE: GS), Wells Fargo & Company (NYSE: WFC) and JPMorgan.
Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Bank of America Corp. (NYSE: BAC), JPMorgan Chase & Co. (NYSE: JPM), Goldman ...
In his final speech as Canadian central bank chief before he takes over as governor of the Bank of England on July 1, Carney said Europe's recessionary economy is being held back by fiscal austerity, low confidence and tight credit conditions.
The central bank upgraded its assessment of the economy for a fifth straight month, saying it "has started picking up," as Prime Minister Shinzo Abe's policy prescription of aggressive fiscal and monetary stimulus has boosted sentiment and a weaker yen ...
The past year has seen an astounding rebound in the sector, however, and the recent settlement between Bank of America Corp (NYSE:BAC) and MBIA Inc. (NYSE:MBI) has given them another big boost. Add in Ambac Financial's emergence from bankruptcy ...
Bank of America Corp (NYSE:BAC) When New York Attorney General Eric Schneiderman announced his intention to sue Wells Fargo & Co (NYSE:WFC) and Bank of America Corp (NYSE:BAC) over scores of alleged breaches of last year's $26 billion ...
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