Tag: BofA
Stoxx 600, BofA quarterly: EPS growth will remain marginally positive
(Finance) – The fourth quarter earnings season in Europe is about to begin, with 10% of companies expected to report results by the end of the month, with this number…
USA, JPMorgan, BofA and Wells Fargo sued for spreading fraud on Zelle
(Finance) – The Consumer Financial Protection Bureau (CFPB) of the United States has sued the operator of Zelle and three of the nation’s largest banks for failing to protect consumers…
BofA: 2024 year of cuts, global monetary policy will become less synchronized
(Finance) – “In addition to a busy global election calendar, 2024 was the year of rate cuts“. This was stated by analysts at Bank of America (BofA), at the end…
European equities, BofA: underweight on cyclicals, overweight on luxury after declines
(Finance) – Bank of America (BofA) is overweight on defensive stocks in European equitieswhich are expected to benefit from the slowdown in global growth in the first half of 2025.…
Stoxx 600 quarterly, BofA: Bank accounts mask broader weakness
(Finance) – With around 90% of the companies in the Stoxx 600 who published their quarterly results, the Third quarter earnings per share growth remains stronger than expectedup 5% year-over-year,…
BofA: If Fed Cuts Rates in Europe We Prefer Quality, Growth and Defensive Stocks
(Telestock) – What to buy in European stocks if the Fed starts cutting interest rates? He asked himself that Bank of America (BofA) in a report on the topic, explaining…
Europe, BofA: It could be time for small caps
(Finance) – After an underperformance of 25% since the first quarter of last year, the US small caps have revived in the last weekoutperforming large caps by 10%, helped by…
European quarterly, BofA: EPS down 11% year-on-year
(Finance) – With over 40% of European companies who published their 2023 results, the earnings growth in the fourth quarter is -11% year-over-year, well below the 0% growth seen at…
Moncler, BofA: margin close to 30% in 2023
(Finance) – Bank of America estimates that in fourth quarter of 2023 the revenues of the group Moncler, listed on Euronext Milan, grew by +10% on cFX to 1.1 billion…
BofA: $32 billion inflows to ESG bond funds in 2023
(Finance) – Nel 2023 they registered $32 billion inflows into ESG bond funds globallywith an increase of 53% compared to 2022. This can be read in an analysis by Bank…