Yahoo Finance • 10 days ago
Participants Antonio J. Pietri; President, CEO & Director; Aspen Technology, Inc. Christopher Stagno; Senior VP, CAO & Interim CFO; Aspen Technology, Inc. David Emerson Ridley-Lane; VP; BofA Securities, Research Division Dylan Tyler Be... Full story
Yahoo Finance • a month ago
Analysts polled by FactSet expected the bank to report earnings of $0.76 per share on revenue of $25.5 billion. Continue reading View comments... Full story
Yahoo Finance • 4 months ago
(Adds background in paragraph 5, analyst quote in paragraphs 8-9) By Saeed Azhar NEW YORK, Jan 26 (Reuters) - Bank of America's bonus pool for investment bankers will range from steady to 3% lower for 2023 under pressure from a slowdown... Full story
Yahoo Finance • 4 months ago
The week ended with earnings reports from four biggest U.S. banks. JPMorgan Chase & Co (NYSE: JPM), Wells Fargo & Company (NYSE: WFC), Bank of America Corporation (NYSE: BAC) and Citigroup Inc (NYSE: C) delivered disappointing news as one-... Full story
Yahoo Finance • 4 months ago
Bank of America CEO Brian Moynihan has penciled in a soft landing for the economy and offered some insights into the state of the consumer on the company’s fourth-quarter earnings call. “We see the consumer activity indicating that they're... Full story
Yahoo Finance • 4 months ago
WASHINGTON (Reuters) - Major U.S. bank fourth quarter profits fell on Friday as lenders put aside cash to replenish a government insurance fund dented by last year's bank failures, and as the rising cost of retaining deposits ate into marg... Full story
Yahoo Finance • 4 months ago
WASHINGTON, Jan 12 (Reuters) - Major U.S. bank fourth quarter profits fell on Friday as lenders put aside cash to replenish a government insurance fund dented by last year's bank failures, and as the rising cost of retaining deposits ate i... Full story
Yahoo Finance • 4 months ago
(Bloomberg) -- Bank of America Corp.’s earnings fell short of expectations as the bank’s numerous charges in the fourth quarter cut into profit and the firm’s fixed-income traders posted a surprise drop in revenue. Most Read from Bloomber... Full story
Yahoo Finance • 4 months ago
Bank of America recorded two charges that impacted its fourth-quarter earnings. First, earlier this week, BofA said it would recognize [a net noncash pretax charge of about $1.6 billion in the fourth quarter](https://www. Continue reading... Full story
Yahoo Finance • 4 months ago
A year-end Treasury rally helped Bank of America reduce the losses in its "held-to-maturity" portfolio. The former get marked to market, while the latter are assumed to be carried until they mature and don’t need to be updated to reflect m... Full story
Yahoo Finance • 4 months ago
Investors will be looking for insights into how Bank of America is managing its loan book and a slowing economy when the company reports its financial results before the start of trading on Friday. Analysts expect the bank to post a fiscal... Full story
Yahoo Finance • 4 months ago
(Reuters) - U.S. oil companies and refiners are likely to face another challenging 12 months in 2024, Bank of America (BofA) analysts wrote in a note on Friday, who expect Brent crude to average $80 per barrel this year. Crude futures los... Full story
Yahoo Finance • 5 months ago
By contrast, JPMorgan Chase’s unrealized bond losses may be in the $30 billion to $35 billion range now. Continue reading... Full story
Yahoo Finance • 5 months ago
In this article, we will take a detailed look at the12 Best Slow Growth Stocks To Buy According To Hedge Funds. For a quick overview of such stocks, read our article 5 Best Slow Growth Stocks To Buy According To Hedge Funds. It would be i... Full story
Yahoo Finance • 5 months ago
Buffett might not particularly care for analysts' opinions, but he'd like this one if it turns out to be right. Continue reading... Full story
Yahoo Finance • 5 months ago
Portfolio diversification can be a valuable tool, but it's clear that legendarily successful investor Warren Buffett isn't a fan. Continue reading... Full story
Yahoo Finance • 6 months ago
One aspect of our investment thesis behind United Rentals and Vulcan Materials was confirmed by earnings and guidance from Construction Partners . Construction Partners' backlog rose to $1.6 billion exiting September, underpinning its reve... Full story
Yahoo Finance • 6 months ago
(Reuters) - Bank of America will pay a $12 million penalty for submitting false mortgage lending information to the government, violating a federal law that lenders have routinely followed for decades, the U.S. Consumer Financial Protectio... Full story
Yahoo Finance • 6 months ago
A whopping $252 billion of Berkshire Hathaway's $357 billion of invested assets can be traced to four brand-name businesses. Continue reading... Full story
Yahoo Finance • 6 months ago
Participants David Hanover; IR; KCSA Strategic Communications Primit Parikh; Co-founder, President & CEO; Transphorm Technology, Inc. Cameron McAulay; CFO; Transphorm Technology, Inc. David Williams; Analyst; The Benchmark Company, LLC... Full story