News

Warren Buffett's Berkshire Hathaway (BRK.A, BRK.B) further trimmed its stake in Bank of America (BAC), selling just over 18.7 million shares over the course of this week, according to a filing by the U.S. Securities and Exchange Commission (SEC).

The FDIC-Insured banks' (like JPM, BAC, C & WFC) Q2 earnings gain from higher non-interest income, while poor credit quality poses a headwind.

The Nasdaq 100 closed slightly higher during Thursday's session. Investors, meanwhile, focused on some notable insider trades.

Warren Buffett's Berkshire Hathaway has trimmed its stake in Bank of America once again, making the total sales since mid-July nearly $7 billion.

Although abstaining from selling Bank of America (NYSE: BAC) stock during the second quarter, as revealed in his updated portfolio, Warren Buffett, CEO of Berkshire Hathaway (NYSE: BRK.A), has sold almost $7 billion worth of this stock since the end of Q2.

Warren Buffett's conglomerate has sold shares of the financial isntituion for nine straight days.

Berkshire Hathaway began liquidating its big stake in the banking company in mid-July—and has already unloaded about 15% of its interest.

A whistleblower complaint has alleged that Bank of America shared nonpublic information with some investors before it sold stock in India, the Wall Street Journal reported on Thursday.

Bank of America (BAC) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Buffett bought seven stocks for Berkshire Hathaway in Q2 and added to another existing position in August. Several of the stocks can be ruled out for income investors through a process of elimination.

Warren Buffett loves stocks that pay him dividends though he steadfastly refuses to allow Berkshire Hathaway (NYSE:BRK-A)(NYSE:BRK-B) to reward its shareholders.

Warren Buffett is slashing his stake in Bank of America stock. Let's analyze what should be investors' take on this.

Deutsche Bank analyst Matt O-Connor revised ratings on JP Morgan Chase & Co. JPM, Bank of America Corporation BAC and Wells Fargo & Company WFC.

Since the dawning of its Depression-era San Francisco roots, Bank of America (NYSE: BAC) has weathered close to a century of wars and financial upheavals to rise as one of the top financial institutions in the US, ranking #2 behind JP Morgan Chase by asset size.

Identifying companies that pay sustainable dividends is crucial for generating an annually increasing dividend income, as well as enhancing the likelihood of successful investment outcomes. Today, I will present you with 10 high dividend yield companies that, I believe, are attractive choices and worth considering investing in during this month of September 2024. Each company can significantly contribute to your portfolio's income generation, has recently shown dividend growth, has a relatively low Valuation, is financially robust, and holds a well-established competitive position.

A morning of upgrades in financial stocks shone a bright spot on an early post-holiday sell-off. Bank of America (BAC), Visa (V), and M&T Bank (MTB) all received upgrades from analysts.

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

Deutsche Bank analyst Matt O'Connor sees little upside for JPM after stock's 32% YTD rise.

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

The conglomerate unloaded 21 million shares, according to a form 4 filing with the Securities and Exchange Commission late Friday.