Is BofA really good enough to get investors drooling again?

Bank of America must be feeling bit like Sisyphus as it tries to get out from its legal morass. A day after the foreclosure settlement, Deal Journal colleague Liz Moyer reports the bank got hit.

Over the past week we reported on multiple occasions that according to two major banks, Bank of America and JPMorgan, institutional investors and hedge funds have been quietly selling stocks, while the "last man in", mom and pop retail investor, have been waving it in, riding high on the animal spirits and delighted brokers who finally get to collect some retail commissions, and using ETFs.

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Mondi plc (OTCPK:MONDF) Q1 2018 trading statement call May 9, 2019 2:30 AM ET Company Participants Peter Oswald – Chief Executive Officer Andrew King – Chief Financial Officer Clara Valera – Group.

Put it simply: BofA can judge what its risks are VASTLY better than the investors. There are a lot of reasons why it would make sense for BofA not to settle now. Yet it was all over this like a cheap suit. That says it must regard this settlement as a real bargain.

A lot of people own Bank of America’s stock — it is, after all, the most heavily traded stock on the S&P 500. But shares of the nation’s second biggest bank by assets aren’t well suited for.

I would now like to introduce your host for today’s conference, Mr. Christopher Keenan, Vice President of Investor. again, we’ll have additional data at ASCO, as I mentioned, where we’re looking at.

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"BofA may be a good value here but that doesn’t mean it’s a great stock for average investors," said Keith Springer, president of Springer Financial Advisors in Sacramento, Calif.

Bank of America back from the abyss? Some may say BofA’s stock is a crazy bet, but at least one writer is confident the bank’s turnaround strategy placed them on the right trajectory.

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BofA promises to spend most of its tax windfall on shareholders. Rivals including JPMorgan Chase and Citigroup have also taken losses from Steinhoff, whose shares collapsed after the South Africa-based group behind the UK’s Poundland and Mattress Firm in the US disclosed accounting irregularities. "Once in a while,