Bank of America Corp BAC:NYSE
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Sector: Financial Industry: Money Center Banks
16.09 Arrow Up0.01   0.06% 128,329,752 Market data is delayed by at least 20 minutes.
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Latest News Headlines for Bank of America Corp

Friday 11/20/2009 8:15 AM ET - Comtex SmarTrend(R)

Flames of fear regarding fragility of economic recovery were fanned yesterday as investors worried over disappointing economic indicators. The DJIA dropped like a rock in early going, and sorely tested its support at 10,300. The SmarTrend(R) indicators point to a continuation of this support testing through today, even though Thursday's sharp break created a momentary oversold condition that began to correct in the last hour of trading.

Thursday 11/19/2009 5:49 PM ET - Comtex SmarTrend(R)

Last updated November 19, 2009: 4:30 PM ET --- The major U.S. equity indices closed lower Thursday after investors dumped stocks in favor of safer assets due to more discouraging signs of a slow economic recovery. The Conference Board said its index of leading economic indicators rose 0.3% last month, weaker than the 0.5% gain that economists had expected. The index climbed 1% in September. The Mortgage Bankers Association said more than 14% of American homeowners with a mortgage were either

Thursday 11/19/2009 10:19 AM ET - MarketNewsVideo.com

Bank of America / Merrill Lynch is cutting its rating and 2010 growth forecasts for the entire semiconductor sector.

BofA said that a correction in the supply chain could punish chip stocks and as a result, has lowered its 2010 growth estimate for the sector from 21 to 18 percent.

Thursday 11/19/2009 8:29 AM ET - Comtex SmarTrend(R)

Lower new housing starts and weak technology outlooks held stocks back in trading yesterday until a rally by financial stocks reversed the erosion, and a mild rally commenced in the last hour of trading. Earlier the DJIA had given back the 30 points gained the day before, but rallied to close down only 11 points at 10,426. A second day of consolidating a base from which to rally was the message sent by the movements of the SmarTrend(R) indicators yesterday. More base consolidating, with price

Thursday 11/19/2009 7:59 AM ET - Comtex SmarTrend(R)

Last updated November 19, 2009: 7:45 AM ET --- U.S. stock futures are trading lower Thursday as pessimism over economic recovery surrounds the markets. Economic reports due out include weekly jobless claims, due at 8:30 AM ET, leading indicators for October, and the November Philadelphia Fed survey, both due at 10 AM ET. Economists on average expect claims of 500,000, a 0.4% advance in leading indicators, and an improvement in the Philly Fed index to 14.0, up from 11.5. In corporate news, Ban

Earlier Headlines - view recent headlines
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Bid/Size

--/--

Ask/Size

16.03

Price Open

16.08

Previous Close

16.19

Day High

15.97

Day Low

2.44

Beta (5yr)

19.10/10/15/09

52wk High/Date

2.53/2/20/09

52wk Low/Date

139.2 Billion

Market Capitalization

8.7 Billion

Shares Outstanding

132.12

Volatility Avg (1 Year)

156.2 Million

Avg Vol (10 day)

570.2x

P/E Ratio

0.0282

EPS (TTM)

0.01 (12/24/09)

Declared QRTR Div explain

0.25%

Yield

12/2/2009

Ex-Date

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Bank Of America Corp vs. Peers

Company Market Cap YTD Price Performance
BAC

Bank of America Corp

139.2B
+14.3%
JPM

JPMorgan Chase & Co.

167.3B
+34.7%
C

Citigroup Inc.

96.0B
-37.4%
WFC

Wells Fargo & Company

130.6B
-5.5%
GS

Goldman Sachs Group, Inc.

87.4B
+101.5%

Company Background

Bank of America Corporation (Bank of America) is a bank holding company and a financial holding company. Through its banking subsidiaries and various non-banking subsidiaries throughout the United States and in selected international markets, it provides a diversified range of banking and non-banking financial services and products through three business segments: Global Consumer and Small Business Banking, Global Corporate and Investment Banking and Global Wealth and Investment Management. Bank of America operates in 50 states, the District of Columbia and more than 40 foreign countries. Bank of America has 6,100 banking centers, approximately 18,700 automated teller machines (ATMs), nationwide call centers, and online and mobile banking platforms. On January 1, 2009, Bank of America announced the purchase of Merrill Lynch & Co., Inc. On July 1, 2008, Bank of America completed the acquisition of Countrywide Financial Corporation.

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