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The Latest Breaking News from Bank of America

4 Nordstrom Analysts React To Mixed Q1 Earnings: 'We Remain Skeptical'

Nordstrom, Inc. (NYSE: JWN) shares traded higher by 11% on Wednesday after the company reported strong first-quarter sales numbers and raised its full-year guidance.

Benzinga

Hedge fund of Blackpool FC owner Simon Sadler 'cut off' by Bank of America and Citigroup over trading concerns

Mr Sadler set up Segantii Capital Management in 2007

Birmingham Post

This Chipmaker Stock Has A Better 5-Year Return Than Bitcoin, Ethereum, Amazon, Apple, Nvidia, Microsoft, Ford And Starbucks

Advanced Micro Devices, Inc.’s (NASDAQ: AMD) high-performance computing and visualization products help gamers get the most from their favorite titles, and over the past five years, the most out of investors' portfolios.

Benzinga

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A Warning Sign For Other Advertisers? Snapchat Analysts React To Shocking Guidance Cut, Stock Sell-Off

Snap Inc (NYSE: SNAP) shares are plummeting 40% after CEO Evan Spiegel warned employees the company will miss its targets for revenue and earnings in the second quarter.

Benzinga

7 Dividend Stocks To Buy That Analysts Love: AT&T, Best Buy And More

The S&P 500 has slumped to open 2022, and rising interest rates could further pressure stock valuations in coming months. Whether the market is up, down or sideways, dividends are one steady, reliable source of income for investors, but dividends are only as reliable as the companies that pay them.

Benzinga

Chipotle, TakeTwo Among Stocks Hurt by Rising Rates: Bank of America

Bank of America's list is based on the stocks’ relative-performance sensitivity to changes in the 10-year Treasury yield.

The Street

Why Bank Of America Shares Are Rising Today

Bank of America Corp (NYSE: BAC) shares are trading higher by 6.72% at $36.12.

Benzinga

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$100 Invested In Bank Of America 10 Years Ago Would Be Worth This Much

Bank of America (NYSE:BAC) has outperformed the market over the past 10 years by 5.6% on an annualized basis producing an average annual return of 17.05%. Currently, Bank of America has a market capitalization of $289.48 billion.

Benzinga

BofA Tops List of Bank Stocks Favored by Wells Fargo

At a Wells Fargo conference 'large-cap banks showed conviction that core pre-tax operating margins will improve.'

The Street

Miami man loses $6 million home, freedom in $115 million scam involving baby formula

A 7,700-square-foot, four-bedroom, four-bathroom house and three units of an Aventura office building are the list of losses for a Golden Beach man after a massive commercial fraud that involved infant formula, eye-care products and other products regulated by the FDA.

Miami Herald

4 Ross Analysts React To Q1 Earnings Miss, Guidance Cut, Execution Missteps

Shares of Ross Stores, Inc. (NASDAQ: ROST) dropped 23.9% on Friday after the company became the latest retail stock to disappoint the market with its first-quarter numbers.

Benzinga

How Is The Market Feeling About Bank of America?

Bank of America's (NYSE:BAC) short percent of float has fallen 3.7% since its last report. The company recently reported that it has 62.69 million shares sold short, which is 0.78% of all regular shares that are available for trading.

Benzinga

Kroger, Hershey Among Stagflationary Picks: Bank of America

The threat of stagflation looms, with inflation rampant and the economy likely to slow down. Bank of America has appropriate investing ideas.

The Street

5 Walmart Analysts React To Mixed Q1 Earnings: 'Particularly Attractive Buying Opportunity'

Walmart Inc (NYSE: WMT) shares were in the clearance aisle Wednesday after the company reported rising costs related to supply chain problems and inflation in the first quarter.

Benzinga

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The Street

Amazon, Clorox on Bank of America List of Stocks Hurt by Inflation

Inflation is raging, with consumer prices soaring 8.3% in the 12 months through April.

Benzinga

How Does Grupo Somar Acquisition Reaffirms Procaps' Strategy To Strengthen Footprint In LatAm

Integrated LatAm healthcare and pharmaceutical company Procaps Group (NASDAQ:PROC) has agreed to acquire Grupo Somar (including Grupo Farmacéutico Somar, Química y Farmacia, Gelcaps, and related entities) from Advent International, private equity. Deal terms were not disclosed. Grupo Somar is focused on developing, manufacturing, and marketing branded generic, private label, and OTC products targeted to…

The Street

Warren Buffett Buys Stocks On the Dip

Billionaire Warren Buffett added shares of companies during the market downturn.

Benzinga

6 High-Yield Dividend Stocks To Buy And Hold In A Volatile Market

During periods of stock market weakness, investors can still generate yield from high-quality dividend stocks. The Federal Reserve has already raised interest rates by 0.75% so far in 2022, but there are plenty of high-yield dividend stocks paying 6% or more at current prices.

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Benzinga

4 Bullish Catalysts Ahead For Nio

Nio Inc - ADR (NYSE: NIO) shares traded higher by 4% on Monday after one Wall Street analyst upgraded the stock. The Analyst: Bank of America analyst Ming Hsun Lee upgraded Nio from Neutral to Buy and raised his price target from $25 to $26.

The Street

Pulte, Toll, D.R. Horton Make Bank of America Housing-Stock List

Bank of America's outlook for housing this year is mixed, estimating both higher prices and strong demand.

The Street

Morgan Stanley Makes Inflation-Protected-Yield Stock List at B of A

'We prefer companies that have strong free cash flow or distribute cash to shareholders,' Bank of America said.

Benzinga

Bank of America Whale Trades Spotted

Someone with a lot of money to spend has taken a bearish stance on Bank of America (NYSE:BAC). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

5 American Stocks To Buy To Bet On An Economic Rebound: From Amazon To Coca-Cola

U.S. GDP dropped 1.4% in the first quarter of 2022, and the SPDR S&P 500 ETF Trust (ARCA: SPY) is down 16.3% year-to-date as investors become increasingly concerned about the possibility of a U.S. recession in 2022.

Benzinga

Why These Beyond Meat Analysts Are Barbecuing Price Targets After $100M Q1 Loss: 'Lower Likelihood Of Disruption'

Beyond Meat Inc (NASDAQ: BYND) shares traded higher Thursday before moving lower in the afternoon, and remain down 56.6% year-to-date after the company reported a larger-than-expected first-quarter net lo

Benzinga

7 Walt Disney Analysts React To Q2 Earnings Miss, Subscriber Beat, Ongoing Asia Weakness

Walt Disney Co (NYSE: DIS) shares traded lower by 3.7% on Thursday after the company reported first-quarter earnings and said ongoing COVID-19 disruptions are weighing on its Asia theme park business.

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