Warren Buffett dumped Bank of America

Warren Buffett dumped Bank of America, but the stock may boom under Trump
Bank stocks surged broadly on Trump's win, with investors anticipating deregulation and pent-up M&A demand to be unlocked.
Why Bank of America stock is on fire post Trump win
Bank of America’s (BAC) stock has ripped higher to the tune of 10% in the days following the presidential win for Donald Trump. The company’s CEO Brian Moynihan told Yahoo Finance Brian Sozzi at the Invest conference the rally reflects hopes for looser bank regulations.
Warren Buffett Continues to Sell Apple and Bank of America, And It Could All Be Due to This One Big Risk
Buffett was perhaps prescient, as the 1970s then proved to be one of the worst decades ever in the stock market. Returns were essentially flat for the decade, even as earnings grew, as the price-to-earnings ratio of the market went from about 20 times earnings to just 7 times earnings. Yikes!
Why Has Warren Buffett Been Selling So Much Stock?
Key Takeaways Warren Buffett's Berkshire Hathaway continues to be a net seller of stocks, having offloaded a quarter of its stake in Apple in recent months, regulatory filings revealed Thursday.The holding company added to its cash pile for a ninth consecutive quarter,
Warren Buffett thinks pizza is more valuable than iPhones right now
Warren Buffett’s Berkshire Hathaway (BRK.A) acquired a stake in Domino’s Pizza in the third quarter, even after dumping millions of dollars worth of Apple (AAPL) and Bank of America (BAC) to grow its cash pile.
Bank of America credit card net charge-offs dip in October
Bank of America's credit card trust saw an increase in delinquency rate but a decrease in net charge-off rate in its October ...
Bank of America Corp. stock rises Wednesday, still underperforms market
Shares of Bank of America Corp. inched 0.02% higher to $45.87 Wednesday, on what proved to be an all-around favorable trading ...
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Bank of America Bracing for $800,000,000 Loss As Investigators Probe BofA, JPMorgan Chase and Wells Fargo’s Alleged Refusal To Reimburse Customers
The second-largest US bank by total assets says it's preparing for significant losses due to ongoing regulatory issues.
Bank of America And JPMorgan Chase: Deregulation Tailwinds Ahead
JPMorgan Chase and Bank of America stocks rallied post-election, both outperforming their sector. Click here to read an ...
Musk's political ascendancy stirs hopes of redemption for X banks
Elon Musk's political ascendancy has some Wall Street banks hoping they may soon be able to offload $13 billion of debt that ...
Bank of America donates 128 turkeys to John 3:16 Mission for Thanksgiving food drive
The Merrill Lynch Bank of America division spent over $2,500 on the 128 turkeys they donated to John 3:16 Mission's ...
Why Bank of America, Visa, and Capital One Are Ripping After a Trump Victory
Bank stocks soared after Donald Trump won the U.S. presidential election on expectations of an easier regulatory backdrop.
Bank of America price target raised to $56 from $52 at Wells Fargo
Wells Fargo raised the firm’s price target on Bank of America (BAC) to $56 from $52 and keeps an Overweight rating on the shares as part ...
Is Bank of America closed for Veterans Day? How about post offices? What’s open on the holiday
No, Bank of America, as well as Chase Bank and Wells Fargo and most other banks will be closed for Veterans Day. No, the ...
Veris Residential upgraded at Bank of America on growth prospects
Veris Residential (NYSE:VRE) was rising after Bank of America upgraded the multi-family residential REIT, citing the market ...