Bank of America Corp

Sen. Warren asks bank regulator to reject TD’s .4 billion acquisition after customer-abuse report
Finance

Sen. Warren asks bank regulator to reject TD’s $13.4 billion acquisition after customer-abuse report

Sen. Elizabeth Warren, D-Mass., speaks during the Senate Armed Services Committee hearing on security in Afghanistan and in the regions of South and Central Asia, in Dirksen Building on Tuesday, October 26, 2021. Tom Williams | CQ-Roll Call, Inc. | Getty Images Lawmakers led by Sen. Elizabeth Warren asked a key regulator to block Toronto-Dominion […]

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How to invest behind the car of the future, according to Bank of America
Business

How to invest behind the car of the future, according to Bank of America

Driverless vehicles and high-tech automobiles are on the horizon. Investors looking to capitalize on the burgeoning trend should consider putting their money in companies playing an integral role in the evolving market, according to Bank of America . The bank on Wednesday identified a host of suppliers and semiconductor makers that stand to benefit from […]

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Wall Street banks name their top global stocks to play soaring energy prices and the hydrogen boom
World

Wall Street banks name their top global stocks to play soaring energy prices and the hydrogen boom

From soaring commodity prices to the “multi-billion dollar” hydrogen opportunity, analysts at Morgan Stanley and Bernstein name their top stocks to navigate the booming energy sector. The sector has been one of the few bright spots in a year when the broader stock market has taken a severe beating. Energy is one of just two sectors on the S […]

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Wells Fargo analyst Mike Mayo calls Bank of America his number one bank pick
Business

Wells Fargo analyst Mike Mayo calls Bank of America his number one bank pick

Wells Fargo’s Mike Mayo called Bank of America his number one pick for a “favorable bank investment.” Mayo reiterated his overweight rating on the stock, saying in a late Tuesday note that Bank of America’s stock price is promising even after pricing in a recession. Bank of America shares are down nearly 26% from their […]

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British pound is taking on ’emerging market’ characteristics, Bank of America says
World

British pound is taking on ’emerging market’ characteristics, Bank of America says

A trader pauses while monitoring financial data on computer screens at ETX Capital, a broker of contracts-for-difference, in London, U.K. on Friday, Oct. 7, 2016. Chris Ratcliffe | Bloomberg | Getty Images LONDON – Sterling is in danger of becoming an “emerging market” currency as falling growth and growing risks cause investors to flee the […]

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Investment banks pick their top stocks to buy in the ‘beaten down’ tech sector
World

Investment banks pick their top stocks to buy in the ‘beaten down’ tech sector

Analysts at leading investment banks say a number of tech stocks present compelling buying opportunities right now — with some more than 30% off their 52-week highs. A storm of headwinds have hit tech stocks and investors are asking about names that are nearing the bottom, according to Bank of America . “Tech is facing […]

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‘Buy this dip’: Wall Street banks name global stocks and sectors that could be near a bottom
World

‘Buy this dip’: Wall Street banks name global stocks and sectors that could be near a bottom

With recent volatility in the stock markets, Citi has told clients to ” buy this dip ” while analysts from Bank of America and JPMorgan have named the global stocks and sectors that they believe are trading near a bottom. BofA named a European list of “High Quality stocks that derated the most this year” […]

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Wells Fargo analyst Mike Mayo calls Bank of America his number one bank pick
World

Bank of America reveals 5 top stocks based on the company’s ‘killer charts’

Bank of America has named a raft of stocks with “killer” corporate charts, including the following five that are buy-rated by its analysts. The bank said its “killer charts” research note is often its most-read of the year. Bank of America analysts, led by Jason Fairclough, assessed charts from a range of companies — all […]

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Buy these stocks to bet on the resilient U.S. consumer, Jefferies says
Business

Buy these stocks to bet on the resilient U.S. consumer, Jefferies says

Investors looking for one of the biggest bargains in the downtrodden market should look no further than casual dining, according to Jefferies. Rising inflation and worries of a recession have driven shares of many casual dining stocks downward. But the dip may be over for now as the consumer is proving more resilient than anticipated, […]

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Bank of America CEO Brian Moynihan says nothing will slow U.S consumer from spending money
Finance

Bank of America CEO Brian Moynihan says nothing will slow U.S consumer from spending money

Brian Moynihan, CEO of Bank of America, speaking at the WEF in Davos, Switzerland on May 23rd, 2022.  Adam Galica | CNBC U.S. consumers are “in good shape” and will keep spending at an elevated clip, at least in the near term, according to Bank of America CEO Brian Moynihan. “Consumers are in good shape, […]

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