Around 85% of short interest in stocks is from hedge funds, according to Bank of America Merrill Lynch.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bank of America names new investment bank operating chief: memoMike Joo, Bank of America Corp's head of global rates and currencies origin...
Read more »
Three Abu Dhabi lenders agree to create $114 billion bankAbu Dhabi Commercial Bank, Union National Bank and Al Hilal Bank agreed a merger...
Read more »
Twitter shares pop after Bank of America says younger demo using service, upgrades stockBank of America Merrill Lynch raised Twitter to buy from neutral and took the firm's price target to $39 from $31.
Read more »
A Bank of America currency chart shows how the stock market rally still has legsBank of America-Merrill Lynch's Paul Ciana uses a currency chart to show the broad market's 'risk on' rally has legs.
Read more »
Merck named the best pharma stock by Bank of AmericaBank of America named Merck its top pick among the many U.S. pharmaceutical stocks thanks to the growing success of its key cancer drug.
Read more »
A former top Bank of America executive is reportedly in the running for UBS CEO roleEx-investment banking head at Bank of America, Christian Meissner, is reportedly in talks to become CEO at UBS, replacing Sergio Ermotti.
Read more »
'Time to buy': Bank of America contrarian indicator with strong track record signals rally aheadThe recent exit from risk assets including equity funds is sending a powerful 'buy' signal last seen during Brexit, according to a Bank of America Merrill Lynch market gauge with a strong track record.
Read more »
Macy's downgraded by Bank of America after holiday sales missBank of America downgraded Macy's after the department store reported disappointing holiday sales and cut its earnings outlook for 2018.
Read more »
Bank of America is set to report fourth-quarter earnings — here's what Wall Street expectsBank of America is scheduled to report fourth-quarter earnings later on Wednesday. Here is what Wall Street analysts are expecting from the banking giant.
Read more »