Note: The following is an excerpt from this week's Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>> Here are the key points: Estimates for 2024 Q3 have come down since the start of the quarter on July 1, with the magnitude of estimate cuts significantly bigger than what we had seen in the comparable periods of other recent quarters. This negative shift in the revisions trend reverses the ...

Berkshire Hathaway, led by Warren Buffett (Trades, Portfolio), has disclosed in a regulatory filing that it recently sold $337.9 million worth of shares in Bank of America (BAC, Financial). The sales occurred over the past few days, with transactions taking place on September 30, October 1, and October 2. The shares were sold at prices ranging from $39.6141 to $39.4036 per share. This marks the 13th round of Bank of America stock transactions disclosed by Berkshire Hathaway since midJuly. Despite these sale ...

Bank of America (BAC) ended the recent trading session at $39.23, demonstrating a +0.03% swing from the preceding day's closing price. The stock's change was more than the S&P 500's daily gain of 0.01%. Meanwhile, the Dow gained 0.09%, and the Nasdaq, a tech-heavy index, added 0.08%. Heading into today, shares of the nation's second-largest bank had lost 3.64% over the past month, lagging the Finance sector's loss of 0.26% and the S&P 500's gain of 1.21% in that time. The investment community will be paying ...

More than 20,000 Bank of America customers on Wednesday reported issues accessing their account information, according to a site that reports on service outages in real time. Reports of service issues spiked around 12:45 p.m., according to DownDetector.com. Bank of America customers reported service issues on the mobile banking app. AP Most customers reported having issues with their mobile banking accounts. Bank of America did not immediately respond to requests for comment. Users reported being unable to ...

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About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

SAN FRANCISCO, Sept. 27, 2024 (GLOBE NEWSWIRE) -- Javelin Strategy & Research released its 2024 2024 Cyber Trust in Banking Scorecard today, revealing that privacy is the key driver of establishing and maintaining cyber trust. The scorecard evaluates and ranks 23 financial institutions (FIs) based on 121 relevant criteria across four categories: privacy, cybersecurity, education, and support. Bank of America earned Best in Class for its outstanding performance in privacy controls, cybersecurity features, an ...

Only 47% of college students feel financially prepared for the "real world"CHARLOTTE, N.C., Sept. 26, 2024 /PRNewswire/ -- Bank of America today announced a new solution to help parents support their children as they begin their financial journeys. SafeBalance Banking® for Family Banking is a bank account that offers parents the tools and resources they need to help their children practice healthy financial habits and learn to manage their money through a convenient, secure digital experience."For many pare ...

Bank of America Corporation (NYSE:BAC) 29th Annual Financials CEO Conference September 25, 2024 5:15 AM ET Company Participants Alastair Borthwick - CFO Conference Call Participants Ebrahim Poonawala - Bank of America Corporation Ebrahim Poonawala Good morning, everyone. We've been talking about European banks, of course, we've talked a lot about European Banks. We'll continue to talk about Europe. But we're widening our perspectives. We're doing so with our very own Group CFO, Alastair Borthwick. Alastair, ...

Bank of America Corporation (NYSE:BAC) 29th Annual Financials CEO Conference September 25, 2024 5:15 AM ET Company Participants Alastair Borthwick - CFO Conference Call Participants Ebrahim Poonawala - Bank of America Corporation Ebrahim Poonawala Good morning, everyone. We've been talking about European banks, of course, we've talked a lot about European Banks. We'll continue to talk about Europe. But we're widening our perspectives. We're doing so with our very own Group CFO, Alastair Borthwick. Alastair, ...