Bank of America says it has agreed to pay $2.43 billion to settle a class-action lawsuit related to its acquisition of Merrill Lynch. Investors that bought or held Bank of America stock when the company announced its plans to buy Merrill Lynch claim that the bank made misleading statements about both companies' financial health.
Facebook stock hit a new low this week. Will it rebound?
Typically, Europe doesn't get a lot of love from Wall Street. But more and more, traders are beginning to go after quality Euro stocks.
Wall Street firms don't train their young workers, they massacre them.
When it comes to investing, a new article written by Nick Shalek claims that software is better than 99 percent of humans when it comes to financial advising. His post has spread around the industry like wildfire, with wildly mixed reviews.
The June Survey of Fund Managers has been released by Bank of America Merrill Lynch, and it shows some classic late-stage downtrend behavior, as well as a new emphasis toward strongly risk-averse behavior.