Investors may see a big boost for the largest U.S. banks’ shares after the conclusion of so-called stress tests next month. The Federal Reserve will announce the results of the annual stress tests on March 7. The regulator will publish the Comprehensive Analysis and Review (CCAR) on March 14. The […]
Author: InvestAdvocate
Bank Of America Stock To Go Ex-dividend Tomorrow (BAC)
The ex-dividend date for Bank of America Corporation (NYSE:BAC) is tomorrow, February 27, 2013. Owners of shares as of market close today will be eligible for a dividend of one cent per share. At a price of $11.10 as of 9:31 a.m. ET, the dividend yield is 0.3%. The average […]
Domestic Debt: FG to Retire N75bn Bonds
The Federal Government is set to retire bonds amounting to N75 billion this week as it moves to jumpstart its strategic plan to tackle the nation’s huge domestic debt through a sinking fund. In the 2013 budget, the Federal Government had outlined a domestic debt management strategy that would enable […]
