By Regarded Solutions : While Brain Moynihan has done a good job of projecting Bank of America (NYSE: BAC ) as a small, hometown, people friendly bank, as opposed to the "too big to fail" ominous mortgage lending fiasco it had been
he was able to use the power of his strong balance sheet to make loans at very attractive rates to firms such as Bank of America BAC and Goldman Sachs GS, which ended up paying off handsomely for him. You may not be able to give Buffett the gift
By Donald van Deventer : Kamakura Corporation projections for U.S. Treasuries and fixed rate mortgages this week show that the implied forward yields for 15-year fixed rate mortgages rise from a current effective yield of 3.337% (up 0.02% from last week) to 5.383% in 10 years, down 0.035% from last
BofA /Merrill's Nat Schneider sees plenty of bullish takeaways for Coupons.com ( COUP +9.5% ) in NCH Marketing's mid-year
coverage is out for Cliffs Natural Resources ( CLF -0.6% ), as BofA reiterates its Underperform rating and $11 price target, apparently ..... a little tweaking after meeting with CEO Lourenco Goncalves. BofA says the new CEO told its analysts that CLF has hired banks to
40%; the 10-year TIP yield rose 8 bps to 0.24%. Corporate bonds rallied: the option adjusted spread (OAS) of the BoA Merrill Lynch High Yield Index fell 18 bps to 3.79%. Global bond markets were quiet: Japanese 10-year yields remained
NEW YORK, Aug 29 (Reuters) - Investors worldwide poured $5 billion into stock funds and $1 billion into high-yield bond funds in the week ended Aug. 27, data from a Bank of America Merrill Lynch Global Research report showed on Friday.
where mgmt has a proven record of cutting costs, paying down debt, and executing on multiple secular growth cycles," says BofA /Merrill . Its FY14 and FY15 EPS forecasts have respectively been raised by 20% and 25%. Credit Suisse: "Avago's leverage
By Wall Street Breakfast : Economy Euro zone inflation continued to fall in August , with consumer prices rising just 0.3% Y/Y, well below the ECB's target of just below 2%. The new figures released by Eurostat boost expectations that the central bank will announce further stimulus measures, and ...
Bank of America (NYSE: BAC ) has asked Judge Jed Rakoff to dismiss ..... hustle" case, the lawsuit accuses BofA of selling toxic mortgages to Fannie ..... The motion comes just one week after BofA agreed to a record $16.7B settlement