Bank of America Corp (NYSE:BAC) To Pay Its Employees Working Through The Pandemic A $750 Bonus

Bank of America Corp (NYSE:BAC) has announced that it will give its employees earning less than $100,000 per year a pandemic bonus of $750. On the other hand, those earning more will receive a stock grant or around 150 to 750 units of unrestricted stock. Staff to receive bonuses on stock grants However, the bank […]

Investors Of Bank of America Corp (NYSE:BAC) Seeks To Have A Vote That Will Bring Broader Changes

Bank of America Corp (NYSE:BAC)’s vote expected to take place on the Sept. 22 has been embraced by a majority of investors with a high expectation of changes in various items. The central issue that several large shareholders are persuasive to have changes on is the Company’s Management whereby Brian Moynihan has combined roles of […]

Hilton Worldwide Holdings Inc (NYSE:HLT) – Uptrend Intact

Hilton Worldwide Holdings Inc (NYSE:HLT) had a quiet session yesterday as it ended the last session with a minor loss of 1.36%. It opened with a small gap down and after spending the entire session in a small range, it closed exactly where it had opened earlier, creating a Doji candlestick and implying indecision. Blackstone, […]

Bank Of America Corp (NYSE:BAC) Holders To Vote On Merging Chairman/CEO Posts In Future

Bank of America Corp (NYSE:BAC) shareholders will have the right to vote for the company’s future major leadership positions in mergers and acquisitions that will take place in the company’s future. The decision was passed by the bank after the investors objected and aired out their choices from two related organizations thus voting against the […]

Bank of America Corp (NYSE:BAC) Plans To Vote For Restructuring Senior Leadership Team

The leading financial institution Bank of America Corp (NYSE:BAC) is planning to make some changes to its senior leadership team. As per the reports, the institution looks forward to arranging a voting on the change made in October in relation with allowing Brian Moynihan, CEO, Bank of America to also act as its Chairman. The […]

59% eBay Inc (NASDAQ:EBAY) Shareholders Agree That They Should Play Key Roles In Nominating Board-Members

eBay Inc (NASDAQ:EBAY) shareholders will now have more rights to take decisions! They can nominate the directors of the famous e-commerce company. In an annual shareholder meet, polls were casted, and eventually, 59% of the shareholders passed the bill to allow specific investors to play key role in nominating the members of EBAY’s board. With […]

Halliburton Company (NYSE:HAL) Hires Bank of America Corp (NYSE:BAC) And Deutsche Bank AG (USA)(NYSE:DB) For Asset Sales

Halliburton Company (NYSE:HAL) reported that it hired Bank of America Corp (NYSE:BAC) and Deutsche Bank AG (USA)(NYSE:DB) for asset sales. The two banks will help the company in the sale of two businesses. The assets are valued around $5 billion collectively. The move Following its $35 billion merger deal with Baker Hughes Incorporated (NYSE:BHI) in […]

Will Morgan Stanley (NYSE:MS) Continue Its Streak of Topping Expectations in 3Q Earnings Results?

Boston, MA 10/16/2014 (wallstreetpr) – Morgan Stanley (NYSE:MS) has consistently delivered better than expected earnings number in the last four quarters. Will it maintain its streak of winning the analysts’ predictions on earnings in the third quarter? The banking sector has been facing lot of litigation issues, and they also allocated enormous amount for it. […]

Bank of America Corp (NYSE:BAC) Books Small Profit Amid Legal Headwinds

Boston, MA 10/15/2014 (wallstreetpr) – Bank of America Corp (NYSE:BAC) is seen inching up by nearly 1% during pre-market hours after it succeeded in beating analysts’ expectations in its third quarter financial performance. The cost control measures reflected some positive on the bank’s performance, despite the burden of large legal charges. Cost Control In Play The […]

Bank of America Corp (NYSE:BAC) CFO Bruce Thompson Says It Made Significant Progress On Its Cost Structure

Boston, MA 10/15/2014 (wallstreetpr) – Bank of America Corp (NYSE:BAC) CFO, Bruce Thomson, said that the company was on track to achieve the objectives on cost structure established three years back. He said that it has made significant progress during the third quarter. Its credit quality metrics reflected improvement environment, as well as, its risk […]

Bank Of America Corp (NYSE:BAC) 3Q Results To Be Impacted By Settlements With Justice Department

Boston, MA 10/14/2014 (wallstreetpr) – Bank of America Corp (NYSE:BAC) is predicted to run into losses in the third quarter as a result of its comprehensive settlement with the Justice Department on resolving mortgage-related investigations and litigation. The company is scheduled to announce its financial results on October 15. Expectations Dropped Ever since Bank Of America […]

Corning Incorporated (NYSE:GLW) Strikes Amended Credit Agreement With Financial Institutions

Boston, MA 10/06/2014 (wallstreetpr) – Corning Incorporated (NYSE:GLW) disclosed that it struck an amended and restated credit deal with the financial institutions. As a result, it would be in a position to have $200 million worth of credit in different currencies like, Dollars, Yen, Sterling and Euros. The latest agreement replaced its earlier deal struck in […]

Popular Reverse Mortgage Concept of Bank of America Corp (NYSE:BAC) Has A Long And Bright Future

Boston, MA 09/30/2014 (wallstreetpr) – Bank of America Corp (NYSE:BAC) had to pay a huge price of misleading the public about mortgage-backed securities during 2007-08. It not only caused them huge losses, but also pushed the whole world in a recession. After the incident, people started avoiding mortgage and reverse mortgage concepts. Experts once thought […]