bymuratdeniz Quality Stocks The SPDR S&P 500 Trust ETF (SPY) posted a 5.22% return in February, extending its positive streak this year. Vanguard's Dividend Appreciation Index Fund ETF Shares (VIG) locked in a lower gain of 3.41% last month. My watchlist underperformed both, posting a very weak return of 0.89%. After two strong months of outperformance to cap off 2023 the watchlist is experiencing a pullback in 2024. As we all know, some months are better than others, I remain optimistic the watchlist w ...

The fourth quarter (Q4) shined bright for hedge funds, marking it a standout period in the investment realm. According to a recent report released by a U.K.-based data investment business, global hedge fund returns surged 7.1% in Q4, pushing returns to 13.3% for 2023, after a slight drop of 0.1% in the third quarter (Q3). That performance underscores the massive potential of hedge fund stocks to contribute to a well-rounded investment portfolio, especially in times of volatility.Hedge fund stocks continue t ...

Spencer Platt/Getty Images News Introduction Bank of America (NYSE:BAC) is one of the largest financial institutions in the United States, and this banking giant with worldwide presence likely doesn’t need a lengthy introduction. While the common shares are well covered here on Seeking Alpha by a myriad of authors, I have been keeping an eye on the preferred equity issued by Bank of America to improve the yield in my portfolio. In this article, I will explain that although the preferred dividends are ve ...

CHARLOTTE, N.C., March 1, 2024 /PRNewswire/ -- Bank of America Corporation announced today that it will redeem on March 18, 2024 all JPY 58,500,000,000 principal amount outstanding of its 0.383% Fixed/Floating Rate Senior Notes, due March 18, 2025 (ISIN: XS1963075913; Common Code: 196307591) (the "Notes").  The Notes were issued under the Bank of America Corporation U.S.$65,000,000,000 Euro Medium-Term Note Program.  The redemption price for the Notes will be equal to the Optional Redemption Amount of JPY 1 ...

CHARLOTTE, N.C., Feb. 29, 2024 /PRNewswire/ -- Bank of America Corporation announced today that it will redeem on March 15, 2024 all $2,250,000,000 principal amount outstanding of its 3.458% Fixed/Floating Rate Senior Notes, due March 2025 (CUSIP No. 06051GHR3) (the "Notes"), at a redemption price equal to 100% of the principal amount of the Notes, plus accrued and unpaid interest to, but excluding, the redemption date of March 15, 2024. Payment of the redemption price for the Notes will be made through the ...

A surge in equity capital markets and debt market activity is boosting investment banking revenue growth at the big five Wall Street banks past analyst estimates for the first quarter, analysts at Jefferies said Thursday.Bank of America Corp. BAC, +1.01% is leading among the top banks with total investment banking revenue up more than 25% in the first quarter, compared with the year-ago period, followed by a 15% jump for JPMorgan Chase JPM, +0.35%, 10% for Citigroup Inc. C, +0.19%, about 7% for Morgan Stanl ...

According to a 2023 report by the Joint Center for Housing Studies at Harvard University, "millions of households are now priced out of homeownership, grappling with housing cost burdens, or lacking shelter altogether."   "The need for affordable housing continues to grow. However, affordable housing developers face the same macroeconomic headwinds challenging other industries – higher interest rates, inflation and supply chain issues," said Maria Barry, Community Development Banking national executive at B ...

Yesterday, we started talking about companies to watch in March 2024 which are undervalued, in our opinion, and represent significant opportunity for investors this coming month who are looking for a good deal.Here are the next three stocks we have our eye on, which present good value for money for their share price, in our opinion: Bank of AmericaSumitomo Mitsui Financial GroupDelta AirlinesBank of America Corporation (NYSE: BAC)Copy link to sectionCurrent share price at the time of writing: $34.31YTD shar ...

Bank of America Corporation (NYSE:BAC) UBS Financial Services Conference February 27, 2024 9:40 AM ET Company Participants Aron Levine – President-Preferred Banking Conference Call Participants Erika Najarian – UBS (US) Erika Najarian Hello again everybody. So up next we have Bank of America. And joining us from Bank of America is Aron Levine. He is the President of Preferred Banking, Consumer and Small Business. Welcome, Aron. Aron Levine Great to be here. Thanks for having me. Erika Najarian Absolutely. S ...

Bank of America (BAC -0.91%) is an iconic name in the finance industry. The company appears to have improved its business since the Great Recession, with the dividend back on a solid growth track after that difficult period. But should investors buy this bank? Here are a few reasons why you might want to take a pass.1. Bank of America is a complex beastWith a market cap of more than $260 billion, Bank of America is a very large company. Just being large isn't a bad thing. In fact, it can bring with it econo ...