Before Warren Buffett poured $5 billion into one of the market’s worst performing stocks, he reportedly called CEO Brian Moynihan personally and said he wanted to invest in Bank of America, calling it a “strong, well-led company.”
stocks
Bank Stocks Are On the Upswing
Like the rest of the market, bank stocks have taken a beating in August, led by Bank of America, which is down 40% over the past four weeks. But investors waded back into the sector Wednesday, propelled by a surprisingly upbeat …
Large and In Charge: Mega-Caps Draw Wall Street’s Attention
Wall Street analysts: think "big" in small market.
15 Financial Moves to Make Right Now
Most of the best financial advice is timeless. It remains sound in good times and in bad. But this particular moment of economic and market turmoil has some unique characteristics, so Moneyland put together a handful of smart …
‘No’ Vote: Consumer Confidence A Drag On Markets
Consumers are issuing a big vote of "no confidence" in the economy — and that's holding back the stock market.
Why the Swiss Don’t Buy Swiss Cheese
The soaring Swiss Franc offers an important lesson for long-term stock investors.
Surprise, U.S. Markets Aren’t Doing So Badly
This global equity snapshot by Bloomberg’s Michael McDonough is a great way to step back from all the crazy market gyrations and give your stomach a break (hat tip Felix Salmon). I’m not saying the daily churn is going away (in fact, I think just the opposite). But in the grand scheme of things, our stock markets are still faring better …
Is This — Dare We Say It — A Bear Market?
Is the Stock Market Finally Bouncing Back?
The Federal Reserve provided some clarity to the financial markets, but investors aren't out of the woods yet.
5 Takeaways From Thursday’s Market Plunge
As Mike Tyson once put it: “Everyone has a plan until they’re hit in the face.”
Well, investors certainly took one on the chin Thursday, with the stock market falling 513 points – off 4.31%, as measured by the Dow Jones …
Investment Strategies for a Broke America
Conflicts over taxes, spending and entitlements will very likely continue for decades – and transform the outlook for investing.
Debt Deal Winners and Losers on Wall Street
In a stagnant economy, there are no winners on Wall Street – only survivors. That goes double for Wall Street’s winners (and losers) coming out of the 11th-hour debt deal between Republicans and Democrats in Washington. While …