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Ambac Settles RMBS Litigations Against Bank Of America For $1.84B

Today, 10:33 AM

Ambac Financial Group (NYSE:AMBC), a financial services holding company whose subsidiaries include Ambac Assurance Corporation ("AAC"), today announced that AAC entered into an agreement to settle all of

AMBC

1 minute read

News

‘Elon Musk’s Revived Twitter Deal Could Saddle Banks With Big Losses’ – WSJ

By Benzinga Newsdesk

Today, 10:33 AM

https://www.wsj.com/livecoverage/twitter-musk-deal/card/musk-s-buyout-would-saddle-twitter-with-high-interest-burden-29U0nCXnQ61t40wPKqgD

BAC

2 minute read

Exxon Mobil Is A Buy With Signs Of Strong Third-Quarter Earnings, Says Bank Of America

By AJ Fabino

Today, 10:33 AM

Exxon Mobil Corp (NYSE: XOM) shares are trading 4.6% higher to $99.63 on Wednesday following a new 8-K filing that indicates strong third-quarter earnings that will likely be above consensus estimates and puts management on track to achieve its cash target of $20-$30 billion within the third quarter, according

BAC

1 minute read

Bank of America To $36? Plus This Analyst Slashes PT On Citigroup

By Lisa Levin

Today, 10:33 AM

Morgan Stanley cut Bank of America Corporation (NYSE: BAC) price target from $40 to $36. Bank of America shares fell 2.4% to $31.62 on Wednesday.

ABOS

1 minute read

Goldman Sachs Maintains Buy on Bank of America, Lowers Price Target to $40

By Benzinga Newsdesk

Today, 10:33 AM

Goldman Sachs analyst Richard Ramsden maintains Bank of America (NYSE:BAC) with a Buy and lowers the price target from $42 to $40.

BAC

1 minute read

If You Invested $100 In This Stock 10 Years Ago, You Would Have $300 Today

By Benzinga Insights

Today, 10:33 AM

Bank of America (NYSE:BAC) has outperformed the market over the past 10 years by 3.16% on an annualized basis producing an average annual return of 12.99%. Currently, Bank of America has a market capitalization of $250.90 billion.

BAC

2 minute read

Here’s What To Watch On Bank Of America Stock Following Fed’s Latest Rate Hike

By Melanie Schaffer

Today, 10:33 AM

Bank of America Corp. (NYSE: BAC) opened lower on Thursday The banking sector, like many sectors, has been negatively affected by soaring inflation and rising interest rates.

BAC

1 minute read

News

Fed Says It Expects Pilot Climate Scenario Analysis Exercise To Publish Aggregate Findings From Exercise With No Firm-Specific Information, Exercise Will Not Have Capital Consequences

By Benzinga Newsdesk

Today, 10:33 AM

- Reuters

BAC

2 minute read

Looking At Bank of America’s Recent Whale Trades

By Benzinga Insights

Today, 10:33 AM

A whale with a lot of money to spend has taken a noticeably bullish stance on Bank of America. Looking at options history for Bank of America (NYSE:BAC) we detected 22 strange trades.

BAC