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Bank of America News (NYSE:BAC)

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03/27/20248:55AMPRNUSNew BofA Platform Connects Small Businesses to CDFI Capital and Coaching
New BofA Platform Connects Small Businesses to CDFI Capital and Coaching PR Newswire CHARLOTTE, N.C., March 27, 2024 Partnership with Community Reinvestment Fund, USA, Provides Access to 150 CDFIs and Business Support Organizations CHARLOTTE, N.C., March 27, 2024 /PRNewswire/ -- Bank of America has launched a new Access... More...>>
03/27/20246:54AMIHMARKETNEWSGameStop Shares Tumble 20% in Pre-Market Trading Amid Revenue Decline, Direct Digital Plummets 42%, and More News
GameStop (NYSE:GME) – GameStop reported $1.79 billion in revenue for the fourth quarter, which is less than the $2.23 billion earned in the same quarter of the previous year. However, the company announced an adjusted earnings per share of 22 cents, compared to the previous year’s 16 cents per share. Shares... More...>>
03/25/20249:04AMPRNUSNew Merrill Portfolios Designed to Provide BofA Clients Predictable Income in Retirement
New Merrill Portfolios Designed to Provide BofA Clients Predictable Income in Retirement PR Newswire CHARLOTTE, N.C., March 25, 2024 CHARLOTTE, N.C., March 25, 2024 /PRNewswire/ -- Bank of America today announced Merrill is offering new income-focused portfolios designed to deliver predictable income for retirees over... More...>>
03/22/20244:15PMPRNUSBank of America Announces Redemption of CAD1,000,000,000 2.932% Fixed/Floating Rate Senior Notes due April 2025
Bank of America Announces Redemption of CAD1,000,000,000 2.932% Fixed/Floating Rate Senior Notes due April 2025 PR Newswire CHARLOTTE, N.C., March 22, 2024 CHARLOTTE, N.C., March 22, 2024 /PRNewswire/ -- Bank of America Corporation announced today that it will redeem on April 25, 2024 all CAD1,000,000,000 principal amount... More...>>
03/22/20249:07AMIHMARKETNEWSFedEx Soars 13% with Profits Above Forecasts, Nike Hit by China Slowdown, and Latest News
FedEx (NYSE:FDX) – FedEx exceeded profit forecasts for the quarter, posting an adjusted profit of $3.86 per share, higher than the $3.45 per share expected by analysts consulted by LSEG. However, the company’s revenue did not meet estimates. FedEx also announced a $5 billion share buyback program. FedEx shares... More...>>
03/21/202412:05PMPRNUSBofA Unifies Mobile Apps for Banking, Investing, and Retirement Into One Personalized Digital Experience
BofA Unifies Mobile Apps for Banking, Investing, and Retirement Into One Personalized Digital Experience PR Newswire CHARLOTTE, N.C., March 21, 2024 New unified app receives 2024 Celent Model Bank award for customer-centered innovation CHARLOTTE, N.C., March 21, 2024 /PRNewswire/ -- Bank of America has launched a massive... More...>>
03/19/20247:33AMIHMARKETNEWSUnilever Initiates Ice Cream Division Spin-Off and Announces Job Cuts; Berkshire Ramps Up Share Buyback Efforts, and More
Unilever (NYSE:UL) – Unilever announced on Tuesday the spin-off of its ice cream unit, including Magnum and Ben & Jerry’s, into an independent business, accompanied by a cost-cutting program that would cut 7,500 jobs. The initial action resulted in a 3.2% increase in shares in pre-market trading. Berkshire... More...>>
03/15/20242:36PMPRNUSMerrill Launches New Video Series: #WomenInvested Meet Ups
Merrill Launches New Video Series: #WomenInvested Meet Ups PR Newswire NEW YORK, March 15, 2024 Research Shows Women are Taking Steps to Secure Their Financial Future; 83% Have or Want to Learn About Money and Finances NEW YORK, March 15, 2024 /PRNewswire/ -- Today, Merrill Wealth Management launched #WomenInvested Meet... More...>>
03/15/20247:30AMIHMARKETNEWSAdobe Stock Drops Following Below-Estimate Projections, Cardlytics Surges with Unexpected Profit, and More News
Adobe (NASDAQ:ADBE) – Adobe‘s shares fell approximately 11.65% in pre-market trading following a robust first fiscal report. Adobe reported an adjusted earnings per share of $4.48 on revenue of $5.18 billion, compared to LSEG consensus estimates of earnings of $4.38 per share and revenue of $5.14 billion. Net... More...>>
03/14/20244:15PMPRNUSBank of America Declares Second Quarter 2024 Preferred Stock Dividends
Bank of America Declares Second Quarter 2024 Preferred Stock Dividends PR Newswire CHARLOTTE, N.C., March 14, 2024 CHARLOTTE, N.C., March 14, 2024 /PRNewswire/ -- Bank of America Corporation today announced the Board of Directors has authorized regular cash dividends on the outstanding shares or depositary shares of the... More...>>
03/12/20247:21AMIHMARKETNEWSOracle Soars 13% With Exceptional Growth and Boosts Nvidia Shares With Collaboration Announcement, and More
Nvidia (NASDAQ:NVDA) – Nvidia shares are up 1.7% in Tuesday’s pre-market, driven by Oracle‘s (NYSE:ORCL) emphasis on its importance in the artificial intelligence market. After Monday’s close, Oracle announced a new cloud computing infrastructure deal with Nvidia. Nvidia shares closed lower on Monday... More...>>
03/07/20245:43AMIHMARKETNEWSTesla Exits Market Top 10, Victoria’s Secret Stock Tumbles 30% on Weak Forecast
Tesla (NASDAQ:TSLA) – Tesla exited the top 10 largest US companies by market cap for the first time in 13 months, surpassed by Visa (NYSE:V). The stock drop reflected concerns about margins and demand. Elsewhere, Tesla announced its departure from Australia’s main automotive lobby, accusing it of misleading... More...>>
03/06/20249:04AMPRNUSBofA Patents Increase Nearly 70% in 5 Years
BofA Patents Increase Nearly 70% in 5 Years PR Newswire CHARLOTTE, N.C., March 6, 2024 Committed to client-focused innovation, Bank of America now holds nearly 6,600 patents.Most U.S. patents of any financial services company in the countryMore than 7,300 inventors around the world Nearly 1 out of 5 patents granted last... More...>>
03/05/20249:03AMIHMARKETNEWSFutures Pointing To Continued Weakness On Wall Street
The major U.S. index futures are currently pointing to a lower open on Tuesday, with stocks likely to see further downside following the modest pullback seen on Monday. Traders may continue to cash in on recent strength in the markets, which lifted the S&P 500 and the Nasdaq to record closing highs last Friday. Uncertainty... More...>>
03/04/20249:00AMPRNUSBank of America Grant Boosts HGTC Fundraising Goal
Bank of America Grant Boosts HGTC Fundraising Goal PR Newswire MYRTLE BEACH, S.C., March 4, 2024 $250,000 grant to bolster funding for HGTC's ongoing capital campaign for new Nursing and Health Sciences Institute MYRTLE BEACH, S.C., March 4, 2024 /PRNewswire/ -- Horry-Georgetown Technical College (HGTC) takes a significant... More...>>
03/01/20247:00AMPRNUSBank of America Announces Redemption of JPY 58,500,000,000 0.383% Fixed/Floating Rate Senior Notes, due March 18, 2025
Bank of America Announces Redemption of JPY 58,500,000,000 0.383% Fixed/Floating Rate Senior Notes, due March 18, 2025 PR Newswire CHARLOTTE, N.C., March 1, 2024 CHARLOTTE, N.C., March 1, 2024 /PRNewswire/ -- Bank of America Corporation announced today that it will redeem on March 18, 2024 all JPY 58,500,000,000 principal... More...>>
02/29/20244:15PMPRNUSBank of America Announces Redemption of 3.458% Fixed/Floating Rate Senior Notes Due March 2025
Bank of America Announces Redemption of 3.458% Fixed/Floating Rate Senior Notes Due March 2025 PR Newswire CHARLOTTE, N.C., Feb. 29, 2024 CHARLOTTE, N.C., Feb. 29, 2024 /PRNewswire/ -- Bank of America Corporation announced today that it will redeem on March 15, 2024 all $2,250,000,000 principal amount outstanding of its... More...>>
02/29/20249:30AMPRNUSBofA Delivers $7.1 Billion in Financing to Build 11,000 Housing Units
BofA Delivers $7.1 Billion in Financing to Build 11,000 Housing Units PR Newswire NEW YORK, Feb. 29, 2024 Community Development Banking Helps Clients, Communities Thrive Despite Challenging Economic Environment NEW YORK, Feb. 29, 2024 /PRNewswire/ -- Bank of America Community Development Banking (CDB) today announced that... More...>>
02/15/20248:04AMPRNUSBank of America and Starbucks Launch Loyalty Partnership
Bank of America and Starbucks Launch Loyalty Partnership PR Newswire CHARLOTTE, N.C. and SEATTLE, Feb. 15, 2024 Bank of America cardholders and Starbucks Rewards members can link eligible accounts to earn 2% cash back from Bank of America and one Star per $2 spent at Starbucks CHARLOTTE, N.C. and SEATTLE, Feb. 15, 2024... More...>>
02/13/20248:45AMPRNUSF&G Annuities & Life Launches Its First Registered Index-Linked Annuity, F&G Confidence Builder
F&G Annuities & Life Launches Its First Registered Index-Linked Annuity, F&G Confidence Builder PR Newswire DES MOINES, Iowa, Feb. 13, 2024 New Interest Crediting Strategy, Hindsight 20/20SM, Customizes Approach for Clients with its "Best of Performance" Approach DES MOINES, Iowa, Feb. 13, 2024 /PRNewswire/... More...>>