The Latest Breaking News from Bank of America

KFC Drops Pepsi for Coke After Nearly 40 Years, and Analysts Put $500M in Annual Sales at Stake

KFC will switch from Pepsi to Coca-Cola at its US restaurants from 2027, ending a partnership dating back nearly 40 years in a deal estimated at $500 million annually.

International Business Times UK · 4h ago

FOXA Stock Just Scored a Rare Double-Upgrade. Here's Why.

Bank of America issues a bullish note on Fox Corp. Here’s why analyst Jessica Reif Ehrlich sees significant further upside in FOXA shares.

Barchart · 20h ago

Dems Move to Expose Epstein's Wall Street Ties; What Existing Files Reveal About His Banking Network

Senator Elizabeth Warren and Representative Robert Garcia introduce the Epstein Wall Street Records Act to uncover banks' handling of Jeffrey Epstein's accounts.

International Business Times UK · Oct 16

US Stock Market: Why have S&P 500, Dow Jones, Nasdaq suffered worst day since July at Wall Street?

US stock Market today: Much of Wall Street’s pain on Wednesday was due to drops for companies riding the AI frenzy to huge profit growth and stellar stock gains.

The Economic Times · Oct 15

US stocks: Nasdaq ends sharply lower as hot inflation data stirs rate-hike worries

US inflation data for September shows an unexpected rise due to increased gasoline costs and broader price pressures. As a result, the Nasdaq index closed sharply lower, influenced by concerns over potential interest rate hikes. Major AI-related stocks, including Oracle and CoreWeave, experienced significant declines following the inflation report. In…

The Economic Times · Oct 14

Unusual LEAP Call Options in Bank of America Expiring in Over 2 Years - Is BAC Stock Too Cheap?

An institutional investor bought a large volume of Bank of America call options expiring in more than 27 months. Strong bullish sentiment in BAC stock, likely due to rising interest rates, is driving the purchase.

Barchart · Oct 14

Bank of America fined $1.2B by US Treasury over money laundering violations, Treasury Secretary warns of consequences: ‘Willfully violated’

That's a costly oversight.

We Got This Covered · Oct 14

Bank of America Fined $1.2 Billion After Failing to Flag $5 Billion of Potential Cartel Money. Its Stock is Sinking.

The U.S. Treasury Department said more than $1 billion of the suspicious transactions involved illicit finance and national security risks, including potential trade-based money laundering.

International Business Times · Oct 14

Stocks and Bonds Fall on a Strong CPI Report

The S&P 500 Index ($SPX ) (SPY ) is down by -0.75% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down by -0.14%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.11%. December E-mini S&P futures (ESZ26 ) are down -0.80%, and December E-mini...

Barchart · Oct 14

Bank of America consumer retail M&A banker Peacock to leave, sources say

Richard Peacock, a veteran banker in consumer and retail M&A, is leaving Bank of America. He has been with the bank for over a decade. Earlier this year, he was named co-head of a new private capital M&A group. His departure follows that of Andrew Conway, who left for Citi's…

The Economic Times · Oct 14