BofA Reports Profit Decline Due to Reduced Interest Income
Bank of America (BAC) reported a drop in third-quarter profit on Tuesday, as its income from customer interest payments shrank. Shares of the bank dipped 0.3% in premarket trading. Banks…
Warren Buffett Sells $10B in Bank of America After Cutting Apple Stake
Warren Buffett is the CEO of Berkshire Hathaway.Mario Anzuoni/Reuters Warren Buffett has sold 23% of his Bank of America stake for about $10 billion since mid-July. Berkshire Hathaway’s American Express…
3 Affordable Stock Market Sectors to Consider as the Fed Introduces Uncommon Dual Stimulus, According to BofA
ismagilov/Getty, Yellow duck/Getty, Tyler Le/BI According to Bank of America, investors should consider acquiring value stocks in three particular sectors. The firm believes these stocks are set to outperform as…