Bank of America Corp. asked a federal judge to throw out the jury verdict that its Countrywide unit defrauded Fannie Mae (FNMA) and Freddie Mac, which resulted in a $1.3 billion civil penalty against the bank.
Looking at the universe of stocks we cover at Dividend Channel, on 9/3/14, Chemical Financial Corp. (NASD: CHFC), Bank of America Corp. (NYSE: BAC), and Hancock Holding Co. (NASD: HBHC) will all trade ex-dividend for their respective upcoming ...
As per the NYSE Most Active Stocks database of Wall Street Journal, Bank of America Corp (NYSE:BAC), Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR), and Twitter Inc (NYSE:TWTR) were the most active stocks of the last week.
"We rate BANK OF AMERICA CORP (BAC) a BUY. This is driven by a few notable strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover.
After announcing a billion-dollar settlement two weeks ago for its part in the 2008 mortgage crisis, Bank of America Corp (NYSE:BAC) managed to break through previous congestion in the $16 area, with the equity last seen at $16.16.
bank of america1 Jim Bach: The $17 billion settlement reached today (Thursday) between the U.S. Department of Justice and the subprime mortgage meltdown progenitor, Bank of America Corp(NYSE:BAC), is the largest penalty of its kind in U.S. history.