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

BANK OF AMERICA (BAC)
Mes dernières consult.
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets

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 CEST

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
Stocks mentioned in the article
ChangeLast1st jan.
BANK OF AMERICA -0.23% 30.07 Delayed Quote.2.27%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on BANK OF AMERICA
12:19aCITIGROUP : Banks' gun policies become focus in financing plan for Louisiana roa..
AQ
04/26BANK OF AMERICA : Thanedar denies responsibility for beagles abandoned in testin..
AQ
04/26CITIGROUP : Anger over banks' gun policies snags $600M road plan
AQ
04/26BANK OF AMERICA : Small Business Optimism Soars to Highest Levels Since 2015
BU
04/26BANK OF AMERICA : Atlantic Coast Pipeline Opponents Rally Outside Bank of Americ..
AQ
04/26Sens. Shaheen, Whitehouse Send Letters to Major Banks Requesting Details on A..
AQ
04/26BANK OF AMERICA : Merrill Lynch Launches Liquidity Express
PU
04/26BANK OF AMERICA CEO ON GUN VIOLENCE : 'We have to help.'
AQ
04/26Alio Gold Announces Mailing of Management Information Circular
GL
04/25BANK OF AMERICA CORP /DE/ : Submission of Matters to a Vote of Security Holders ..
AQ
More news
News from SeekingAlpha
04/26Bank of America (BAC) Investor Presentation - Slideshow 
04/25ETF ALERT : Bristol Gate's Unique Take On Dividend Growth 
04/23BANK OF AMERICA : Into The Home Straight? 
04/23OAKMARK EQUITY AND INCOME FUND : Q1 2018 
04/23OAKMARK GLOBAL FUND : Q1 2018 
Financials ($)
Sales 2018 93 055 M
EBIT 2018 38 201 M
Net income 2018 26 353 M
Debt 2018 -
Yield 2018 1,97%
P/E ratio 2018 11,73
P/E ratio 2019 10,49
Capi. / Sales 2018 3,32x
Capi. / Sales 2019 3,17x
Capitalization 309 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
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 31
Average target price 34,3 $
Spread / Average Target 14%
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 AMERICA2.27%309 257
JP MORGAN CHASE & COMPANY2.85%376 545
INDUSTRIAL AND COMMERCIAL BANK OF CHINA-3.39%330 275
CHINA CONSTRUCTION BANK CORPORATION-2.73%273 993
WELLS FARGO-12.46%256 044
HSBC HOLDINGS-7.18%199 927