In equity option news, Bank of America Corp (NYSE:BAC) saw call volume soar on Friday, after CLSA Ltd. upgraded the stock while speculating that valuation could push speculators to call for a spinoff or other restructuring.
After years of waiting, Bank of America Corp (BAC) stock investors finally got the news they had been hoping for in December: the Federal Reserve announced the highly anticipated first interest rate hike of the new tightening cycle!
February 11, 2016: Here are four stocks trading with heavy volume among 769 equities making new 52-week lows today. Bank of America Corp. (NYSE: BAC ) dropped about 8.3% on Thursday to post a new 52-week low at $10.99 after closing at $11.98 on ...
The banking sector has clearly reflected the turmoil around the world. Three of the biggest US banks, Bank of America Corp (NYSE:BAC), Citigroup Inc. (NYSE:C), and Morgan Stanley (NYSE:MS), have touched new 52-week lows.
Bank of America Corp (NYSE:BAC) is one of the top beneficiaries among large cap banks in the US. These banks have high asset sensitivity and excess deposits, that were invested in yields when rates were low.
As the earnings season has just kicked off, we are now hailing some of the first reporters. Let's take a look and see what Nomura analysts have to say about Bank of America Corp (NYSE:BAC) and Intel Corporation (NASDAQ:INTC).
Bank of America Corp (NYSE:BAC) shares recently carved a new 52-week low at $12.94, as they closed at $12.96 yesterday. The bank, along with other financial institutions, saw its stock being hammered after the overall index tanked in late trading hours.