Skip navigation

High-yield bond funds see lower demand after record rally

NEW YORK (Reuters) - Investors worldwide cut back on commitments to high-yield "junk" bond funds in the latest week, giving just $100 million to the funds globally after committing over $1 billion the prior week, according to Bank of America Merrill Lynch.Full story

Wall Street hits session highs, banks lead

NEW YORK (Reuters) - Stocks extended gains in late-morning trading on Tuesday, led by gains in banks, including Bank of America <BAC.N> and Citigroup <C.N>. Both the Dow and S&P 500 set intraday record highs. Full story

China risks prompt investor caution: BofA poll

LONDON (Reuters) - Fears about China's economic outlook prompted global investors to become less bullish towards equities and other riskier assets in May, a survey of fund managers shows. Full story

Sponsored Links

Articles

Midday Glance: Banks companies

Tampa organizations build awesome playground for homeless kids

Exclusive: SoftBank asks banks not to finance Dish's Sprint bid

BofA fires back at New York over modification violations

BofA sells $110 billion CMBS servicing rights portfolio to KeyBank

S&P upgrades National Public Finance, says may get A rating

U.S. can pursue case against Bank of America over mortgages

S&P upgrades MBIA, National Public Finance Guarantee financial strength ratings

AIG may pursue fraud case versus BofA over Countrywide

Stock futures point to slight gains, indexes near records

Video

  Cramer's Six in 60: Not Too Late to Buy Biogen

Cramer shares six stocks to watch, and reveals them in under 60 seconds, including Cliffs Natural, United Health, and Bank of America.

  Top 3 Trades: BofA, Caterpillar & Delta

Morgan Stanley upgraded Bank of America, and Delta Air Lines is higher after a strong earnings report, with the FMHR traders.

  BofA's Miss Rattles Investors

CNBC's Kayla Tausche reports on Bank of America's earnings miss.

  BofA Posts Q1 Results Mixed

Anthony Polini, Raymond James analyst, breaks down Bank of America's quarterly numbers and explains why the big bank's credit quality and capital strength will likely be positive for the quarter.

  Wednesday's Earnings Scorecard

The CNBC's earnings squad dissects the numbers on Cirrus Logic, Bank of America, and Textron.

advertisement | ad info

Related Photos

A bicyclist rides past a Bank of America in Tucson
A bicyclist rides past a Bank of America in Tucson

A bicyclist rides past a Bank of America in Tucson, Arizona January 21, 2011. REUTERS/Joshua Lott

A Bank of America sign is seen outside of a branch in Greenville
A Bank of America sign is seen outside of a branch in Greenville

A Bank of America sign is seen outside of a branch in Greenville, South Carolina January 18, 2012. REUTERS/Chris Keane

A panel discussion titled "Covering Your Assets: A Crash Course on Investing in a Macro Driven Environment" takes place at the annual Skybridge Alternatives Conference in Las Vegas
A panel discussion titled "Covering Your Assets: A Crash Course on Investing in a Macro Driven Environment" takes place at the annual Skybridge Alternatives Conference in Las Vegas

A panel discussion titled "Covering Your Assets: A Crash Course on Investing in a Macro Driven Environment" takes place at the annual Skybridge Alternatives Conference in Las Vegas May 8, 2013. Pictured (L-R) are Stu Hendel , Global Head of Financing Products, Bank of America Merrill Lynch; Jacob Go

Bruce Richards speaks during a panel discussion at the annual Skybridge Alternatives Conference in Las Vegas
Bruce Richards speaks during a panel discussion at the annual Skybridge Alternatives Conference in Las Vegas

Bruce Richards , CEO of Marathon Asset Management, speaks during a panel discussion titled "Covering Your Assets: A Crash Course on Investing in a Macro Driven Environment" at the annual Skybridge Alternatives Conference in Las Vegas May 8, 2013. Other picitured include (from L-R): Stu Hendel, mod