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States, Feds to Announce Mortgage Settlement
10:51AM 2/09/2012
JP Morgan Chase, Bank of America, Citigroup, Wells Fargo & Co, Real Estate
U.S. states have reached a $25 billion deal with the nation's biggest mortgage lenders over foreclosure abuses that occurred after the housing bubble burst. Federal and state officials announced the deal Thursday. It is the biggest settlement involving a single industry since a 1998 multistate tobacco deal.
Switching banks is a hassle, but outrage over the big financial institutions' efforts to pile on new steep fees pushed more than 2 million people to close their accounts over the past 3 months. Is Bank Transfer Day becoming Bank Transfer Year?
The S&P 500's 10 Best-Performing Stocks of 2012 (So Far)
12:35PM 2/01/2012
First Solar, Netflix, Sears Holdings, Bank of America, Stocks in the News, Investment
The S&P 500 gained 4.4% in January, the biggest increase for that month in 15 years. But the 10 best performers in the index had share gains for the month from 27% to a whopping 77%. Which are these rising stars -- and which might have more room to rise? Read on:
Tech Companies Team Up to Combat Email Scams
2:10PM 1/30/2012
Technology, Google , Microsoft, Bank of America, Facebook, Yahoo, eBay, AOL
Google, Facebook and other big tech companies are jointly designing a system for combating email scams known as phishing. Such scams try to trick people into giving away passwords and other personal information by sending emails that look as if they come from a legitimate bank, retailer or other business.
What to Watch This Week: Banking, iPad Textbooks, Auctions, Search, and Big Blue
1:05AM 1/16/2012
By Rick Aristotle Munarriz, The Motley Fool
Investing, JP Morgan Chase, IBM, Goldman Sachs , Google , Apple, Bank of America, Citigroup, Yahoo, eBay, Bank of New York Mellon, Market News
There's never a dull moment on Wall Street, especially now that we're hitting 2012's first earnings season. What will help shape the week that lies ahead? Earnings and answers from banks, Google, eBay and IBM, and a big education related announcement from Apple.
Oh, the Irony! Bank of America Plaza in Atlanta Faces Foreclosure
11:40AM 1/09/2012
Atlanta's Bank of America Plaza is one of the 10 tallest structures in the U.S. And thanks to troubles at its namesake bank and other one-time tenants, the skyscraper could be one of the tallest foreclosure tales of the financial crisis.
Music Video Moves Bank of America on Stalled Mortgage Loan
12:30PM 12/28/2011
It might not be the right method for everyone seeking a home loan, but it worked for one Georgia couple: A music video that went viral got Bank of America to close on Ken and Meredith Williams' long-delayed mortgage.
The Bigger the Bank, the Worse the Customer Service
9:30AM 12/28/2011
By Rich Smith, The Motley Fool
JP Morgan Chase, Bank of America, Citigroup, Wells Fargo & Co, Banking
The biggest bank in America isn't the one you might think: JPMorgan Chase recently knocked longtime rival Bank of America out of the top spot. But is bigger better? Not when it comes to customer service.
8 Stocks That Could Double in Value in 2012
11:00AM 12/23/2011
Ford Motor Co, Netflix, Research In Motion, Sprint Nextel Corp, Bank of America, Stock Picks, Stocks in the News
It is unusual for a stock's price to double in a year, but several well-known companies' shares have done it recently. The more important question for investors is: Which stock could be next? 24/7 Wall St. offer their list of S&P 500 companies whose stocks could double in 2012.
Did Warren Buffett Make a Bad Call on Bank of America?
9:00AM 12/22/2011
By Rich Smith, The Motley Fool
Company News, Investing, Berkshire Hathaway, Bank of America
When Warren Buffett announced in August that he would spend $5 billion to snap up Bank of America shares, investors cheered. Surely this must mean that we've seen the end of the bad news from America's biggest bank, right? Wrong. So did the Oracle of Omaha blunder?
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