BofA Will Recover But With a New Chief
Excerpt from the InvestorGuide.com Stock of the Day on 4/3/2009

Bank of America's Ken Lewis has taken the job of selling the bank's prospects to the stock market on himself. He appeared in a lengthy CNBC interview a couple of days and painted an optimistic (some would say unreasonably optimistic) picture of the behemoth of a bank that he is running now, thanks to all the acquisitions. He says the bank's ratio of Tier 1 capital is in great shape, it is benefitting immensely from the current refinancing boom and within a year or two we will see the full earnings power of Bank of America. So that begs the question - why is BAC a $7 stock? More >

Bank of America Releasing 30,000-35,000 Employees
Excerpt from the InvestorGuide.com Stock of the Day on 12/12/2008

As most investors were caught up in the hype of car manufacturers seeking a bailout from Congressional leaders, it seems that news regarding the developments at the Bank of America had gone quiet for a short period of time. Bank of America made headlines recently when they announced that they would merge with Merrill Lynch (MER: Charts, News, Offers) back on September 14. Since that time, rival banks have been dominating headlines for laying off workers and cutting back expenses as well as decreasing earnings outlooks for the following fiscal year. Thursday afternoon after the markets closed however, Bank of America mentioned that they would be cutting anywhere between 30,000 to 35,000 employees. From this fact, the two questions that come up are what are the details of the cuts and what does this mean for investors? More >

Bank of America's Second-Quarter Earnings Boost Investor Confidence
Excerpt from the InvestorGuide.com Stock of the Day on 7/21/2008

Bank of America joined the ranks of Citigroup (C: Charts, News, Offers), JPMorgan Chase (JPM: Charts, News, Offers), and Wells Fargo (WFC: Charts, News, Offers) as a lender that beat earnings expectations in spite of reporting a serious loss for the second quarter. Shares are surging as investors are re-inspired by the state of the credit markets and the Dow Jones Industrial Average can thank the welcome news from the financial sector for the gains it posted last week. Bank of America is still digging itself out of the hole created by the swell of bad loans and is in the midst of a major restructuring after its recent acquisition. Do today's results mean the company's latest decisions are paying off, or are these earnings just a reflection of broader market trends? More >

Bank of America Earnings Fall 77%   4/21/2008

Bank of America May Have Just Landed a Great Bargain   1/11/2008

Will Bank of America Exit the Investment Banking Business Because of One Bad Quarter?   10/18/2007

Bank of America Loses Key Private Banking Executive   4/4/2007

Bank of America Profit Increases by 47 Percent   1/23/2007