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 Corp    BAC

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Delaware Judge Says BofA Can Offer $20 Million Lawsuit Settlement For NY Approval -Bloomberg

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/04/2012 | 09:14pm CET

A Delaware judge ruled that Bank of America Corp. (>> Bank of America Corp) may offer a proposed $20 million shareholder lawsuit settlement, denying a request from a different shareholder group, which had also sued the bank over the purchase of Merrill Lynch, Bloomberg News reported Friday.

The $20 million proposed settlement with plantiffs who sued Bank of America in New York was announced last month. A Delaware plantiff group has opposed that settlement.

Delaware Chancery Court Judge Leo Strine said in a hearing that "I have no confidence that I have the authority to enjoin parties to a federal proceeding," Bloomberg reported.

Full story at http://www.bloomberg.com/news/2012-05-04/bofa-can-offer-merrill-settlement-for-approval-in-n-y-.html

-Dow Jones Newswires; 212-416-2900

Stocks mentioned in the article : Bank of America Corp
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on BANK OF AMERICA CORP
12/10 BANK OF AMERICA : County, YCWA strike deal over lease payments
12/10 BANK OF AMERICA : Authorities on the lookout for bank robbery suspect
12/09 Time Inc hires bankers to explore takeover, partnership interest - WSJ
12/09 Deutsche Bank hands 'smoking gun' evidence in US silver rigging case
12/09 BANK OF AMERICA : local chief named
12/09 U.S. SEC enforcement chief Ceresney to depart at year-end
12/08 BANK OF AMERICA : The Bipartisan Policy Center (BPC) - Discussion
12/08 BEST BUY : Police log
12/08 BANK OF AMERICA : COMMUNITY Food rescue program receives $15,000 grant
12/08 BANK OF AMERICA : Carrie Ann Inaba To Join Tree Lighting Festivities At Bank Of ..
More news
Sector news : Banks - NEC
12/10 Russia signs Rosneft deal with Qatar, Glencore
12/10 PRUDENTIAL FINANCIAL : investigating Wells Fargo partnership after scandal
12/09DJWELLS FARGO : Fired Wells Fargo Brokers Asked to Contact Finra With Concerns
12/09DJWELLS FARGO : Fired Wells Fargo Brokers Asked to Contact Finra With Concerns
12/09DJFinancial-Services Firms Start to Scout for New Office Space
More sector news : Banks - NEC
News from SeekingAlpha
12/09 Everything You Know Has Changed
12/09 BANK OF AMERICA : The Rally Will Go On
12/09 BANK OF AMERICA : Trump's Bank Stocks
12/09 BANK OF AMERICA : Don't Look Down
12/09 More On The Trump Bump - Cramer's Mad Money (12/08/16)
Advertisement
Financials ($)
Sales 2016 85 067 M
EBIT 2016 27 485 M
Net income 2016 15 734 M
Debt 2016 -
Yield 2016 1,08%
P/E ratio 2016 16,06
P/E ratio 2017 14,43
Capi. / Sales 2016 2,74x
Capi. / Sales 2017 2,67x
Capitalization 233 326 M
More Financials
Chart BANK OF AMERICA CORP
Duration : Period :
Bank of America Corp Technical Analysis Chart | BAC | US0605051046 | 4-Traders
Full-screen chart
Technical analysis trends BANK OF AMERICA CORP
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 32
Average target price 20,8 $
Spread / Average Target -9,9%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Brian T. Moynihan Chairman, President & Chief Executive Officer
Eugene M. McQuade President & Director
Catherine P. Bessant Co-COO & Chief Technology Officer
Thomas Kell Montag Co-Chief Operating Officer
Paul M. Donofrio Chief Financial Officer
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
BANK OF AMERICA CORP36.36%233 326
JPMORGAN CHASE & CO.29.47%305 906
WELLS FARGO & CO5.11%286 974
INDUSTRIAL AND COML BA..0.22%233 310
CHINA CONSTRUCTION BAN..-0.87%189 531
CITIGROUP INC16.02%171 098
More Results