News: Bank of America Corporation

Bank of America Announces Third Quarter Earnings and Capital Raising Initiatives   6 Oct 2008, 3:01 pm

Bank of America Announces Third Quarter Earnings and Capital Raising Initiatives
PR Newswire (press release) - 17 minutes ago the second quarter of 2008 and 4.44 billion in the year ago quarter.Transition update The LaSalle transition will reach a significant milestone in the fourth quarter with expected major systems ... Bank of America reports profit drop, capital raise - Forbes
Bank of America profit falls 68%, firm cuts dividend - MarketWatch
Bloomberg - Wall Street Journal - CNNMoney.com

Bank Of America: 3Q Subprime And CDO Write-Downs Of $952 Million   6 Oct 2008, 2:47 pm

Bank Of America: 3Q Subprime And CDO Write-Downs Of $952 Million
CNNMoney.com - 31 minutes ago Bank of America ( BAC ) took $952 million in write - downs in the third quarter from subprime mortgage - related investments and collateralized debt obligations , the company said.The company ...

Bank of America profit falls 68%, firm cuts dividend   6 Oct 2008, 2:32 pm

Bank of America profit falls 68%, firm cuts dividend
MarketWatch - 46 minutes ago , , ) earnings incorrectly reported the percentage decline in the firm's profit.The proper figure is 68 %.See corrected story.Oh great - Revised down.Traders are going to love that.Why couldn ...

Market Report -- In Play (BAC)   6 Oct 2008, 2:19 pm

Market Report -- In Play (BAC)
MSN Money - 59 minutes ago Bank of America reports Q3 results below consensus ; announces 50 % dividend cut and $10 bln common stock offering Reports Q3 ( Sep ) earnings of $0.15 per share , $0.51 worse than the First ... Bank of America posts profit - Adelaidenow

Bank of America added $56 bln in retail deposits in 3rd qtr   6 Oct 2008, 2:07 pm

Bank of America added $56 bln in retail deposits in 3rd qtr
MarketWatch - 1 hour ago , , ) said on Monday that its retail deposit base grew by $56 billion , to $586 billion in the third quarter , including the $35 billion in deposits it acquired with Countrywide Financial earlier ... Bank of America CEO says in the toughest market he's seen - MarketWatch

Internap and Bank of America Amend Credit Agreement to Support Continued Growth   6 Oct 2008, 2:04 pm

Internap and Bank of America Amend Credit Agreement to Support Continued Growth
MarketWatch - 1 hour ago , , ) , a global provider of end - to - end Internet business solutions , announced today that it has amended its credit agreement with Bank of America in order to simplify its capital structure ...

Bank of America Declares Series B Preferred Dividend   6 Oct 2008, 1:34 pm

Bank of America Declares Series B Preferred Dividend
MarketWatch - 1 hour ago CHARLOTTE , NC , Oct 06 , 2008 / PRNewswire via COMTEX / - - Bank of America Corporation today announced the Board of Directors declared a regular quarterly cash dividend of $1.75 on the 7 percent ...

Bank of America Begins Common Stock Offering   6 Oct 2008, 1:16 pm

Bank of America Begins Common Stock Offering
MarketWatch - 2 hours ago CHARLOTTE , NC , Oct 06 , 2008 / PRNewswire via COMTEX / - - Bank of America Corporation today announced it has commenced an offering of approximately $10 billion of common stock.Bank of America ...

Bank of America in Settlement Worth Over $8 Billion   6 Oct 2008, 1:07 pm

Bank of America in Settlement Worth Over $8 Billion
Wall Street Journal - 2 hours ago In a sweeping deal that could be worth more than $8.4 billion , Bank of America Corp . has agreed to settle claims brought by state attorneys general regarding certain risky loans originated ... Bank of America to pay $8 billion to settle suits over bad mortgages - San Jose Mercury News
Bank of America to slash mortgage payments - CNNMoney.com
Reuters - BusinessWeek - Seattle Post Intelligencer

Market Report -- In Play (GMET)   6 Oct 2008, 11:12 am

Market Report -- In Play (GMET)
MSN Money - 4 hours ago Geomet announces that its bank syndicate , led by Bank of America , reaffirmed the Company's borrowing base of $180 million Co announces that its bank syndicate , led by Bank of America , reaffirmed ...

Stock Quote: Bank of America Corporation

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