Bank of America's board has authorized a $40 billion common stock repurchase program. The bank said Wednesday the buyback is effective Aug. 1, and will replace its current program that expires ...

REUTERS/Brian Snyder/File Photo (Reuters) -Bank of America said on Wednesday its board has authorized a $40 billion stock repurchase program.

Key Points Bank of America is the second largest U.S. bank and the fifth largest financial company by market capitalization. The company just reported strong second-quarter earnings.

Bank of America is the second largest U.S. bank and the fifth largest financial company by market capitalization. To say that Bank of America's (NYSE: BAC) progress in the 15 years since the end ...

Key PointsWarren Buffett's Berkshire Hathaway sold shares of Bank of America and added shares of Domino's Pizza in the first quarter.

Bank of America operates one of the largest consumer banks in the United States, with significant presences in commercial banking, investment banking, wealth management, and global markets. Its ...

The Mall of America will again host the Midwest Regional for Changwon K-pop World Festival on July 13.

Bank of America Inc. (NYSE: BAC) shares are trading lower Tuesday after HSBC downgraded the stock from Buy to Hold.

Bank of America pledged $1 million to support relief and recovery efforts after devastating floods impacted Central Texas over the July 4 weekend.