Top Bank of America News, Videos, and Blogs - WallStreetBlips

Stocks Overvalued, Recession Will Return: Meredith Whitney

Mon, 16 Nov 2009 23:52:00 +0000

Stocks are overvalued and the US economy is likely to fall back into a recession next year, well-known analyst Meredith Whitney told CNBC. "I haven't been this bearish in a year," she said in a live interview. "I look at the board and every single stock from Tiffany [ TIF Loading... ( ) ...

Mish's Global Economic Trend Analysis found this 12 days ago on cnbc.com

Find more top finance news, videos, and blogs on WallStreetBlips: Stocks, Meredith Whitney, Bank of America, Tiffany & Co., Caterpillar Inc., Fannie Mae

Citi Gives Mortgage Workouts to 130,000 Borrowers

Tue, 24 Nov 2009 17:34:46 +0000

" A day after Bank of America (BAC: 16.25 -0.25%) released details of the 100,000 mortgage workouts it offered through a homeownership retention program so far, Citigroup (C: 4.25 -0.70%) said it provided workouts for 130,000 distressed homeowners in Q309."

iehi posted 4 days ago from hf-implode.com

Find more top finance news, videos, and blogs on WallStreetBlips: Stocks, Bank of America, Citigroup, Citi Holdings

Bank of America Call Options Fly Off the Shelves

Tue, 24 Nov 2009 21:09:43 +0000

Today’s tickers: BAC, GE, SEED, EWZ, DE, STLD, LCC, SEED & DLTR BAC - Bank of America – Long-term Bank of America bulls are out in full force today, scooping up call options like they’re going out of style. BAC’s shares are off slightly by less than 1% to $16.19. ...

Philstockworld posted 4 days ago from philstockworld.com

Find more top finance news, videos, and blogs on WallStreetBlips: Stocks, Bank of America, General Electric

WHAT ARE THE BEST HEDGE FUNDS BUYING?

Thu, 19 Nov 2009 19:52:00 +0000

It’s 13-f season and many of the largest and best hedge funds are out with their holdings for the quarter ending September 30, 2009 ( see the 50 most powerful hedge funds here ). Although many of these positions may have changed since the filing date, it’s always useful to review these filings ...

Between the Hedges found this 9 days ago on pragcap.com

Find more top finance news, videos, and blogs on WallStreetBlips: Stocks, Exchange-Traded Funds, Apple Inc., Qualcomm, JPMorgan Chase & Co., Bank of America

At Hearing, Questions about BofA C.E.O. Candidate

Wed, 18 Nov 2009 13:00:35 +0000

Bank of America representatives were asked about who would succeed Kenneth D. Lewis as the firm's next chief executive at a House Oversight Committee hearing on Tuesday, with one legislator skeptical about the prospects of one candidate, Brian Moynihan.

Dealbreaker found this 11 days ago on dealbook.blogs.nytimes.com

Find more top finance news, videos, and blogs on WallStreetBlips: Stocks, Bank of America, Merrill Lynch, Universal Banking, Timothy Geithner, Financial Crisis

Paulson Bets BofA Will Almost Double by End of 2011 (Update2)

Wed, 18 Nov 2009 15:21:50 +0000

Nov. 18 (Bloomberg) -- Paulson & Co., the hedge fund firm run by billionaire John Paulson , told investors Bank of America Corp. ’s stock will almost double in the next two years as writedowns ease. Bank of America, ranked first by assets and deposits in the U.S., may rise to $29.81 by December ...

Dealbreaker found this 11 days ago on bloomberg.com

Find more top finance news, videos, and blogs on WallStreetBlips: Stocks, Bank of America, John Paulson

Bank of America Hits Pay Snag in CEO Hunt

Mon, 16 Nov 2009 08:49:47 +0000

Bank of America Corp. directors are hitting a new hurdle as they hunt for the giant bank's next CEO: Obama administration pay czar Kenneth Feinberg. William Demchak, senior vice chairman at PNC Financial Services Group Inc., spurned a feeler last week from a recruiter for the Charlotte, N.C., ...

DealBook found this 13 days ago on online.wsj.com

Find more top finance news, videos, and blogs on WallStreetBlips: Stocks, Bank of America, PNC Financial Services

BofA Plaintiffs Granted Access to Documents Provided to Congress

Wed, 18 Nov 2009 16:01:06 +0000

U.S. Judge Denny Chin (SDNY) has granted a motion filed by plaintiffs in the securities class action against Bank of America to partially lift the discovery stay in the case. The court’s ruling will provide the plaintiffs with access to documents BofA has already provided to Congress ...

bcarton posted 11 days ago from securitiesdocket.com

Find more top finance news, videos, and blogs on WallStreetBlips: Stocks, Merrill Lynch, Bank of America, AGCO

Big Bullish Options Bet in B of A (BAC)

Fri, 20 Nov 2009 20:24:51 +0000

Bank of America Corp. (NYSE: BAC) has seen an absolute massive butterfly call spread for January 2011 as 50,000 January $20 and $40 calls are bought for $1.94, and 100,000 $30 calls are sold at $0.37, so a $1.20 debit, expecting shares to nearly double over the next year and volatility to come ...

24/7 Wall St. found this 8 days ago on vsinvestor.com

Find more top finance news, videos, and blogs on WallStreetBlips: Stocks, Bank of America, NYSE, John Paulson

Paulson Puts Money on Citi, Ditching Goldman

Mon, 16 Nov 2009 12:57:29 +0000

John Paulson, the hedge fund manager, has continued to build his stake in Citigroup, while jettisoning his investment in Goldman Sachs.

Dealbreaker found this 13 days ago on dealbook.blogs.nytimes.com

Find more top finance news, videos, and blogs on WallStreetBlips: Stocks, Citigroup, Goldman Sachs, John Paulson, Bank of America, Citi Holdings, Exchange-Traded Funds

Mortgage Delinquencies Still Rising

Wed, 18 Nov 2009 13:19:12 +0000

" Mortgage delinquencies are the first step in a house eventually going into foreclosure, so look for those to start heading up again. Foreclosures have been held down by trial modifications under the HEMP program, but very few of those have gotten to the stage of being final modifications. And ...

iehi posted 11 days ago from hf-implode.com

Find more top finance news, videos, and blogs on WallStreetBlips: Stocks, Bank of America, Wells Fargo

Unusual Friday Options Activity (AAPL, GOOG, BAC, LEAP, PCS, DRYS, YHOO)

Fri, 20 Nov 2009 21:00:00 +0000

We have seen some unusual options trading today. As you would expect, some is around today’s 4:00 PM close with today being options expiration date. But some bets are way out into 2011 and we have some around merger rumors. All have links with full details on the options trading ...

BloggingStocks found this 8 days ago on 247wallst.com

Find more top finance news, videos, and blogs on WallStreetBlips: Stocks, NASDAQ, Apple Inc., Google, Bank of America, NYSE

Which stocks are correlated with Bank of America?

Sun, 22 Nov 2009 20:55:52 +0000

Bank of America Corp Stocks with positive correlation with BAC over the past 200 trading daysBKX 0.98MG411 0.98DBKT 0.98KBE 0.98DJUSBK 0.98Stocks with positive correlation with BAC over the past 100 trading ...

ecahoon posted 6 days ago from deepmarket.com

Find more top finance news, videos, and blogs on WallStreetBlips: Stocks, Bank of America

Paulson Gives 3rd-Quarter Investor Update

Thu, 19 Nov 2009 17:50:46 +0000

John Paulson, the hedge fund manager who gained fame betting on the mortgage crisis, sees big opportunities to wager on price discrepancies in banking stocks, according to his most recent letter to investors.

Abnormal Returns found this 9 days ago on dealbook.blogs.nytimes.com

Find more top finance news, videos, and blogs on WallStreetBlips: Stocks, John Paulson, Bank of America, Citigroup, Exchange-Traded Funds, Financial Crisis

Chip Stock Ratings Chopped at Bank of America

Thu, 19 Nov 2009 16:28:16 +0000

As the market turned decisively negative on Thursday morning, no sector was hit heavier that the semiconductor industry. An analyst at Bank of America Merrill Lynch ( BAC ) downgraded the entire sector’s outlook from “positive” to “negative” and also ...

ockhamsrazor posted 10 days ago from blog.ockhamresearch.com

Find more top finance news, videos, and blogs on WallStreetBlips: Stocks, Bank of America, Texas Instruments, Marvell Technology Group, Microsoft

Fed Said to Ask Banks to Submit Plans to Repay TARP (Update1)

Tue, 24 Nov 2009 01:11:00 +0000

Nov. 23 (Bloomberg) -- The Federal Reserve asked nine of the U.S. banks that were part of this year’s stress tests to submit plans for repaying the government’s capital injections, a person familiar with the situation said. The central bank this month asked Bank of America Corp. and eight other ...

Calculated Risk found this 5 days ago on bloomberg.com

Find more top finance news, videos, and blogs on WallStreetBlips: Stocks, Bank of America, PNC Financial Services, Citigroup, Wells Fargo

Government investigators examine new evidence regarding Bank of America and Merrill Lynch merger

Mon, 16 Nov 2009 16:22:39 +0000

Investigators are poring over fresh evidence they say suggests Bank of America strong-armed Uncle Sam into ponying up billions in taxpayer support, using as leverage the threat of nixing its merger with Merrill Lynch. Government officials say the newly uncovered documents, which The Post ...

IEHI Feed: The Hedge Fund Implode-o-Meter found this 13 days ago on nypost.com

Find more top finance news, videos, and blogs on WallStreetBlips: Stocks, Bank of America, Merrill Lynch, The Macerich Company

Today’s Best Market Rumors (11/18/2009) (MCD)(BAC)

Wed, 18 Nov 2009 21:00:00 +0000

Updated throughout the day. Carl Icahn is aggressively buying shares in MGM (HollyWood Daily) Apollo Management may try to list on the NYSE. (FT) Paulson & Co. believe that Bank of America (NYSE:BAC) will double by the end of 2011. Oil prices at $80 could damage the economy. (Fortune) The ...

BloggingStocks found this 10 days ago on 247wallst.com

Find more top finance news, videos, and blogs on WallStreetBlips: Stocks, MGM Mirage, NYSE, Bank of America, Oil, McDonald's

Meredith Whitney: Turns Bearish

Tue, 17 Nov 2009 08:00:42 +0000

Meredith Whitney is making headlines: She has not been this bearish in a year! Whitney was the first to call the bubble in financial stocks. And then she predicted the stock market rally. But now Whitney is starting to turn negative again. Whitney said on today's Closing Bell in an interview ...

FT Alphaville found this 12 days ago on cnbc.com

Find more top finance news, videos, and blogs on WallStreetBlips: Stocks, Meredith Whitney, Bank of America, Goldman Sachs