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In June, the bank settled a dispute with outside investors, including PIMCO and Blackrock (NYSE:BLK) who purchased Countrywide Financial mortgage bonds.
The settlement, which also included securities trustee Bank of New York Mellon (NYSE:BK), has to be approved by a New York court.
Bank of America (NYSE:BAC) has a potential upside of 58.3% based on a current price of $8.83 and an average consensus analyst price target of $13.98.
New York Attorney General Eric Schniederman will oppose Bank of America's (NYSE:BAC) $8.5 billion settlement over repurchasing toxic mortgage loans.
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TravelCenters of America (AMEX:TA) shares have crossed bullishly above their 10-day mov ...
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Today, shares of Calix (NYSE:CALX) have crossed bullishly above their 10-day moving ave ...
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Today, shares of Finish Line (NASDAQ:FINL) have fallen below their 10-day MA of $21.34 ...
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Today, shares of Carrizo Oil & Gas (NASDAQ:CRZO) have crossed bearishly below their 10- ...
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Today, shares of Alon USA Energy (NYSE:ALJ) have fallen below their 10-day MA of $17.85 ...
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Today, shares of Logitech International (NASDAQ:LOGI) have crossed bearishly below thei ...
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Today, shares of Aeropostale (NYSE:ARO) have crossed bearishly below their 10-day movin ...
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Walter Energy (NYSE:WLT) crossed over its 10-day moving average of $18.71 on a volume o ...
From FNNO.com, this is the Financial News Network. I’m Cleo
Stiller-Farrell and this is your Midweek Market Wrap Up. The British
Bankers’ Association, which has the supervisory role of setting the
influential Libor rates, announced that it would be willing to give up
its...
The Wall Street Journal reports that home prices showed their best year-to-date gains since 2005, up 5.9% through July, signaling the housing market's steady march toward recovery. Also from the Wall Street Journal, IBM (IBM) will increase its efforts to sell so-called cloud computing services...
CEO Marissa Mayer is bringing in some more new blood to Yahoo!, tapping Ken Goldman as the company's new Chief Financial Officer. Goldman's appointment will take effect on October 22nd.
Goldman served as CFO at his most recent employer, Fortinet, having worked at Siebel Systems, Sybase,...
