[TheStreet.com] - Shares of Bank of America (BAC) declined 11% to close at $6.77, following a conference call featuring CEO Brian Moynihan, which was organized by Fairholme Capital Management founder Bruce Berkowitz. Also seeing 11% declines were BB&T (BBT)
[Business Insider] - Counter-party exposure is virtually the same as credit exposure he says, and he's not concerned about it. What's interesting is to compare his performance right now to Brian Moynihan's yesterday. Just look at how Bank of America stock is performing
[Seeking Alpha] - Brian Moynihan, the bank's CEO, in a conference call with Fairholme capital management, pledged that the bank was adequately capitalized and had no need to raise cash by means of an additional equity offering. Instead, Moynihan stated that while the
[Forbes] - Bank of America Chief Executive Brian Moynihan and his CFO Bruce Thompson held a 90-minute conference call to update investors on the bank's financial footing Wednesday, and the CEO ended the call with a thinly-veiled shot at American International
[BusinessWeek] - Chief Executive Officer Brian Moynihan said he was comfortable with the company's capital. Bank of America, which slid as much as 11 percent during the session, trimmed its loss to 3.2 percent as Moynihan said the lender is being buoyed by conditions
[TheStreet.com] - Moving past Bank of America (BAC), which is the great unknown for investors, with seemingly endless headline risk and a mountain for CEO Brian Moynihan to climb while cleaning up Ken Lewis's mess, there are bargains to be had for long-term investors
[Business Insider] - Meanwhile, shares in Bank of America could be active, as chief executive Brian Moynihan was scheduled to face an investor conference call later in the day with Fairholme Capital, which owns around 92 million shares in the bank.
[Seeking Alpha] - At this time, I would like to welcome everyone to the Fairholme Conference Call with Brian Moynihan, Chief Executive Officer of Bank of America. Moderating today's call is Bruce Berkowitz of Fairholme Capital Management. Before we begin, please note
[Forbes (blog)] - Wiping out any positive performance in the quarter were the bank's “legacy mortgage issues” CEO Brian Moynihan explained which include a painful $8.5 billion settlement with a group of more than 20 big investors including the New York Federal Reserve
[TheStreet.com] - Bank of America (BAC) CEO Brian Moynihan held a conference call trying to reassure investors everything was just fine. Investors weren't listening and sold more after the call. France's SocGen (Societe Generale) was beset with rumors they were on the
[Business Insider] - BofA CEO Brian Moynihan had a public conference call with shareholder Bruce Berkowitz, and during the call the stock actually rallied a bit, but after the call the beating resumed. Citigroup also had a horrible day, losing around 10%.
[Seeking Alpha] - “Obviously, the solid performance in our underlying businesses continues to be clouded by the costs we are absorbing from our legacy mortgage issues”, according to Bank of America (BAC) CEO Brian Moynihan, speaking about last week's earnings report.
[Forbes] - Indeed, Bank of America CEO Brian Moynihan was asked about his bank's exposure to Europe yesterday on a conference call. He said Bank of America's exposure to Europe was very limited, but investors pushed down the stock of Bank of America
[Seeking Alpha] - Bank of America (BAC) may or may not be insolvent, Brian Moynihan may or may not be lying to everyone about how bad it is over there, and you know what, he obviously wouldn't be the first one. There are rumblings that Societe General is in danger of
[Forbes] - Bank of America lost 10.9%, as Brian Moynihan's performance on a much-anticipated conference call did little to inspire buying in the firm's shares. Wednesday's slide reversed what many considered an ill-advised rally on the heels of the Federal
[Seeking Alpha] - Amid a gyrating stock and mounting mortgage liabilities, Bank of America (BAC) CEO Brian Moynihan is set to face an investor conference call today with Fairholme Capital, which owns around 92M shares in the bank. The market will be looking for answers
[Seeking Alpha] - Before Brian Moynihan and Bruce Thompson begin their comments, let me remind you that this presentation does contain some forward-looking statements regarding both our financial condition and financial results, and that these statements involve certain