Warren Buffett keeps selling Bank of America (BAC) stock. After a hiatus of some days, the Oracle of Ohama has resumed cutting stake and now owns 12% in one of the biggest American lenders. Per a Form 4 filing with the Securities and Exchange Commission yesterday, Berkshire Hathaway (BRK.B) sold almost 14 million (in total) BAC shares for three straight trading days. Berkshire now holds 928.5 million shares of Bank of America.Buffett has been an active seller of Bank of America stock, unloading shares for 1 ...

There are many ways that companies can keep shareholders happy, whether that be through robust growth or consistent dividend payouts.   Companies can also demonstrate a shareholder-friendly nature by implementing share repurchase programs, also commonly known as stock buybacks.Let’s take a closer look at the benefits and a few recent buybacks that we’ve seen announced as of late.Benefits of BuybacksStock buybacks, also known as share repurchase programs, are commonly deployed by companies to boost sharehold ...

robwilson39 Introduction Bank of America's 4.125% fixed-rate series PP preferred shares (NYSE:BAC.PR.P) have performed in line with the iShares Preferred and Income Securities ETF (PFF) so far in 2024, delivering a circa 6% total return: BAC 4.125% Preferreds vs PFF in 2024 (Seeking Alpha) I think the 4.125% preferred shares may outperform should the Fed start easing monetary policy and could provide even greater upside in the event of an eventual US recession. I estimate the series PP shares offer an 1 ...

You won't need much up-front cash to buy all three of these great stocks.Warren Buffett has amassed a cash stockpile of nearly $277 billion for Berkshire Hathaway. It's fair to say he doesn't have to worry one bit about the share price of any stock he buys. Some people do have to consider share prices, though. There's good news if you're in that group: Berkshire Hathaway's portfolio offers several great ideas for cash-strapped investors. Here are my picks for the three best Buffett stocks to buy with $120 r ...

CHARLOTTE, N.C., Aug. 16, 2024 /PRNewswire/ -- Bank of America Corporation announced today that it will redeem on August 24, 2024 all €1,500,000,000 principal amount outstanding of its Floating Rate Senior Notes, due August 24, 2025 (ISIN: XS2345784057; Common Code: 234578405) (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 €1,000 per €1,000 Cal ...

American banks are using some of their vast capital to better remunerate shareholders.It's been an eventful summer for companies on the stock exchange, so even an active investor could be forgiven for missing a major event in the financial sector -- this year's version of the annual U.S. bank stress tests. For those who might be unfamiliar, these are a series of theoretical exercises aimed at judging whether a bank would be able to withstand severely adverse economic conditions. The tests are conducted by t ...

For the most part, 2024 has been a year of relative success for financial stocks, as the sector has been able to provide strong returns to investors amid a U.S. economy that could be reaching a breakpoint for the average consumer. Recently, Bank of America (NYSE:BAC) CEO Brian Moynihan attributed this spending slowdown to a maintenance of lifestyles acquired during the pandemic-era stimulus checks. However, this take is not founded in reality, as this concept of increased consumer spending habits three year ...

文章核心观点 - 美国银行(Bank of America)首席执行官布莱恩·莫伊尼汉表示,美国银行的经济学家不再预测美国将陷入衰退[1][2][3] - 相比去年此时,美国银行的分析师团队预计经济将陷入衰退,但现在这些担忧已经消除[2] - 美国银行预计未来6个季度经济增长将在1.5%至2%之间,呈现平稳增长态势[3] 行业分析 - 尽管美国银行不再预测短期内出现衰退,但其他机构如摩根大通(JPMorgan Chase)仍持相反观点[5][6] - 摩根大通经济学家预测今年美国进入衰退的可能性上升至35%,高于之前的25%,主要原因是劳动力市场压力有所缓解[6][7] - 摩根大通分析师认为,美国工资通胀正在放缓,这增加了服务价格通胀将下降以及美联储当前政策立场具有限制性的信心[7] - 摩根大通分析师预计2025年下半年美国进入衰退的可能性为45%[7]

With many economists and Americans recently confirming their feelings of recessionary pressures, the head of one of the country’s largest banks is giving his pulse on how people are spending their money and their impact on markets. "The people who had an account with us in January 2020 before the pandemic, you look at them now, they're still sitting with much more, even inflation adjusted, much more in their account," Bank of America Chairman and CEO Brian Moynihan said on CBS’ "Face the Nation.""The proble ...

文章核心观点 - 尽管贝克希尔哈撒韦公司(Berkshire Hathaway)近期大量抛售美国银行(Bank of America)股票,但这并不意味着投资者应该恐慌性抛售或回避美国银行股票[3][4][5][6] - 美国银行目前有多个积极因素,包括企业支付应用程序CashPro App的采用率上升[8][9][10]、股息和股票回购计划的增加[11]、良好的财务业绩[12][13][14] 行业总结 - 美国银行企业支付应用程序CashPro App的采用率持续上升,2024年中期已超过5000亿美元,同比增长近40%,预计到2024年底将达到1万亿美元[9][10] - 美国银行最近将季度普通股股息增加8%至每股26美分,并授权了250亿美元的新股票回购计划[11] - 2024年第二季度,美国银行营收和每股收益均超出了华尔街的预期[12][13] - 美国银行管理层预计该公司的贷款业务收入在2024年下半年将有所改善[14] 公司总结 - 尽管贝克希尔哈撒韦公司近期大幅减持了美国银行股票,但其仍是美国银行最大的股东,持有12.1%的股份[4][5] - 贝克希尔哈撒韦公司减持美国银行股票的具体原因尚不清楚,不应过多猜测[6][15][16] - 投资者可以自行研究美国银行的基本面,关注其积极因素,而不应过度关注贝克希尔哈撒韦公司的交易动向[7][16][17][18]