BofA Investment Bankers, Traders Help Earnings Top Estimates

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Bank Of America News

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(Bloomberg) -- Bank of America Corp.’s Wall Street operations performed better than expected as the company reaped the benefits of volatile markets while net...

-- Bank of America Corp.’s Wall Street operations performed better than expected as the company reaped the benefits of volatile markets while net interest income topped analysts’ estimates.The Cablebus Transformed Commutes in Mexico City’s Populous Outskirts

The second-largest US bank said that net interest income, a key source of revenue for the company, fell 2.9% to almost $14 billion. Analysts had expected a 3.4% drop for NII, the revenue collected from loan payments minus what depositors are paid. Shares of Charlotte, North Carolina-based Bank of America, which gained 24% this year through Monday, climbed 1.6% at 7:26 a.m. in early New York trading.

Net income totaled $6.9 billion, or 81 cents a share, down almost 12% from a year earlier but better than the nearly 16% drop analysts had expected.Honda Motor Co., Ltd. : An Undervalued Foreign Stock to Buy According to Analysts Canadian RegTech Market Canadian RegTech Market Dublin, Oct. 15, 2024 -- The "Canada RegTech Business and Investment Opportunities Databook - 50+ KPIs on RegTech Market Size, By Industry, By Technology, By Type of Product, By Deployment, By Product Offering, Market Share - Q3 2024 Update" report has been added to ResearchAndMarkets.com's offering.The regtech industry in Canada is expected to grow by 18.7% on annual basis to reach US$499.93 million in 2024.

We recently compiled a list of the 7 Most Undervalued Foreign Stocks to Buy According to Analysts. In this article, we are going to take a look at where Baidu, Inc. stands against the other undervalued foreign stocks. Chinese stocks have seen a strong rally since September-end as numerous supportive measures have reignited the investors’ confidence. The

 

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