Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Bank of America    BAC

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Bank of America : Banks lead an early decline for US stocks Wednesday

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/17/2017 | 06:00am CEST

Stocks are opening lower on Wall Street as banks and industrial companies fall.

Banks were sliding along with bond yields early Wednesday. Bank of America sank 2.7 percent and Wells Fargo lost 2 percent. Falling bond yields mean lower interest rates on loans and tighter profits for banks.

Among industrial companies, United Rentals fell 3 percent.

Target jumped 3.6 percent after posting surprisingly strong earnings for the first quarter.

The Standard & Poor's 500 index slumped 16 points, or 0.7 percent, to 2,383.

The Dow Jones industrial average lost 159 points, or 0.8 percent, to 20,817. The Nasdaq composite fell 49 points, or 0.8 percent, to 6,120.

Copyright © 2017 BridgeTower Media. All Rights Reserved.

© Copyright, 2017, Long Island Business News (Ronkonkoma, NY), source Journals

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on BANK OF AMERICA
03:20a Cisco buys BroadSoft for $1.71 billion in software push
03:20a Cisco buys BroadSoft for $1.71 billion in software push
10/23 BANK OF AMERICA : Merrill Lynch fined $45.5M for failing to report transactions
10/23 BANK OF AMERICA : Expands Its Use of Biometrics With Intel Hardware-Based Securi..
10/23 BANK OF AMERICA : UK watchdog fines Merrill Lynch 34.5 million pounds for report..
10/23 BANK OF AMERICA : Doctor helps launch Puerto Rico drive
10/22 A moral debt
10/21 BANK OF AMERICA : Public records - Martin County Civil
10/21 BANK OF AMERICA : Awards Housing Trust Fund $5,000
10/21 BANK OF AMERICA : With College to Career,
More news
News from SeekingAlpha
10/23 Deposit Rates And CRE Concerns
10/23 OCWEN : Darkest Before The Dawn?
10/20 Will SPDR Dividend ETF SDY Underperform In 2018?
10/20 Tracking Ken Fisher's Fisher Asset Management Portfolio - Q3 2017 Update
10/19 JPMORGAN CHASE : If I Had To Own Just One Bank Stock...
Financials ($)
Sales 2017 89 448 M
EBIT 2017 33 338 M
Net income 2017 19 475 M
Debt 2017 -
Yield 2017 1,44%
P/E ratio 2017 14,90
P/E ratio 2018 12,46
Capi. / Sales 2017 3,20x
Capi. / Sales 2018 3,09x
Capitalization 287 B
Chart BANK OF AMERICA
Duration : Period :
Bank of America Technical Analysis Chart | BAC | US0605051046 | 4-Traders
Technical analysis trends BANK OF AMERICA
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 31
Average target price 27,7 $
Spread / Average Target 2,1%
EPS Revisions
Managers
NameTitle
Brian T. Moynihan Chairman, President & Chief Executive Officer
Catherine P. Bessant Co-COO & Chief Technology Officer
Thomas Kell Montag Co-Chief Operating Officer
Paul M. Donofrio Chief Financial Officer
Thomas J. May Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
BANK OF AMERICA22.90%286 554
JP MORGAN CHASE & COMPANY15.32%350 172
INDUSTRIAL AND COMMRCL BANK OF CHINA LTD41.50%324 236
WELLS FARGO-0.34%270 639
CHINA CONSTRUCTION BANK CORPORATION34.01%239 293
BANK OF CHINA LTD21.22%218 267