Analyst Research

Report Title Price
Provider: Thomson Reuters Stock Report
$25.00
Provider: Stock Traders Daily
$20.00
Provider: New Constructs, LLC
$25.00
Provider: MacroRisk Analytics/EconomicInvestor
$25.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Bank of America Corp reaches comprehensive settlement with U.S. department of justice and state attorneys general to resolve mortgage-related litigations and investigations


Thursday, 21 Aug 2014 09:04am EDT 

Bank of America Corp:Reached comprehensive settlement with U.S. Department of Justice (DoJ), certain federal agencies and six states.Claims relate primarily to conduct that occurred at Countrywide and Merrill Lynch prior to Bank of America's acquisition of those entities.Bank of America will pay total of $9.65 bln in cash and provide about $7.0 bln worth of consumer relief.Cash portion consists of $5.02 bln civil monetary penalty and $4.63 bln in compensatory remediation payments.Says settlement expected to reduce Q3-14 Pretax earnings by $5.3 bln and negatively impact EPS by about $0.43 per Share. 

Company Quote

17.62
0.09 +0.51%
19 Dec 2014