Bank of America

Bank of America
Tyler Durden's picture

JPM And Bank Of America Pay Themselves Back In Yet Another REIT Offering





In the most recent example of taking from one pocket to pay another, Merrill and JPM underwrote 8.75 million shares at $20/share for Kilroy Realty Corp, a REIT that owns, operates, develops, and acquires Class-A suburban office and industrial real estate in bankrupt southern California.

 
Tyler Durden's picture

Bank Of America Raising $8 Billion





800 million shares priced at $10 a pop. Very timely upgrade by Goldman Sachs yesterday.

 
Tyler Durden's picture

REIT Analyst Leaves Bank Of America In Midst Of Most Lucrative Period For Group





Steve Sakwa, whose work product Zero Hedge has not spared its praise for in the past, has left the building. The "top rated" REIT analyst, who gained prominence in the past 2 months for such great work as an upgrade of virtually all companies he covers, has departed for greener, although unknown, pastures. It is quite odd that Sakwa would leave the bank at a time when his group was generating more revenue than virtually any analyst/trading group on Wall Street.

 
Tyler Durden's picture

FBR: Bank Of America Needs $70 Billion





Paul Miller has released a report that none of the programs trading the market currently have obviously read. Regardless, in keeping with hopes that at some point cheerleading and rationality prevail, it is prudent to at least know what will happen as you are purchasing BAC stock today.

 
Tyler Durden's picture

Bank Of America Needs $36.6 Billion More Capital According to Oppenheimer





A research piece from Oppenheimer states that BofA needs to raise over $36 billion in equity to be in line with peers. Analyst Chris Kotowski says that due to inability to access the equity capital markets, BofA will be forced to follow in Citi's footsteps and convert preferred shares to common stock.

 
Tyler Durden's picture

Bank Of America Downgraded To A From A+, Outlook Negative





From S&P downgrade just issued:

 
Tyler Durden's picture

Bank Of America's Tragicomical Take on U2's One





While Bono would be pacing in his San Remo penthouse with 2 inch earplugs and howling at the moon upon hearing this next clip, which is a curious reincarnation of U2's legendary "One", it does explain Bank of Countrywide Lynch's approach to boosting employee morale, and, as a result, why employee morale is where it is now.

 
Tyler Durden's picture

Bank Of America Claims It Did Not Engage in Superbowl Carnival





Bank of Countrywide Lynch came out with a surprising release earlier in which it defended itself from media allegations that it had spent $10 million of TARP money on a 5 day Super Bowl carnival and that senior management was in fact not at the 20 yard line (cheering the

 
Tyler Durden's picture

Bank Of America Hits All Time Low Again As Does Textron





$4.78/share last. No specific reason yet aside from that it should maybe be at 0.

As for private jets, well you know our views

Flash

 
Tyler Durden's picture

Bank of America Can Only Drop Another $5.94...





...Before it hits $0
17% down today. What is over/under days until Ken Lewis' resignation. We say 10

*******UPDATE********

$5.65 to zero now

 
Syndicate content
Do NOT follow this link or you will be banned from the site!