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Bank of America

Bussiness

Bank stocks rise on Fed rate-cut rally

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US bank stocks surged Thursday following a jumbo rate cut from the Federal Reserve, a sign of bullishness among investors who now expect an...
Sports

Why big banks are obsessed with 1995

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Does this sound familiar?The rate of inflation was slowing along with spending by US consumers. So, the Fed cut interest rates by a quarter...
Bussiness

Palantir is totally misunderstood on Wall Street, and shares will soar, BofA says

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Data-mining software company Palantir Technologies is popular among retail investors, but Bank of America said it's still misunderstood by many on Wall Street.In a...
Bussiness

Buffett’s Berkshire offloads $228.7 million worth BofA shares in latest sale

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(Reuters) - Warren Buffett's Berkshire Hathaway has sold shares worth $228.7 million in Bank of America, as the conglomerate continues to trim its stake...
Sports

‘Don’t buy the tech dip:’ Where to invest instead as the market gets more volatile, BofA says

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Further, a proprietary BofA "regime indicator" has swung into downturn territory.With those elements in play, the firm is recommending defensive stocks that generally outperform...
Bussiness

Surge in foreign bids for Japanese firms only just beginning, says BofA’s Komori

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By Miho UranakaTOKYO (Reuters) - A surge in foreign takeover bids for Japanese firms is likely to accelerate, with a focus on those undergoing...

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