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BofA data showed clients selling stocks in six of the 11 sectors. Technology (XLK) single stock outflows were led by private clients. Single stock outflows in financials (XLK) were led by ...
Investing.com -- Bank of America (BofA) said its clients were net sellers of equities for the second consecutive week, with total outflows reaching $2.9 billion as the S&P 500 declined 1.5%.
(BofA Research, EPFR) Investors pulled $21.35 billion out of U.S. equity funds in the past week, the largest such outflow in three ... to start this year, U.S. stock-fund flows were basically ...
BofA lowered the firm’s price target on Franklin ... Most traditional asset managers are overweight active equities which consistently see outflows every year, contends the firm.
On Thursday, BofA Securities adjusted its stance on AllianceBernstein (NYSE:AB), downgrading the asset management firm’s stock rating from Buy to Neutral ... AllianceBernstein experienced net outflows ...
It was the “largest weekly outflow in our data history since '08,” analysts said. BofA expects a continued leadership shift away from the sector. Selling in ETFs was led by energy (XLE).
Investors are the most pessimistic they've been on the economy in 30 years, per Bank of America. They're also gloomy on the market, with a record share of investors planning to pare stock holdings.
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...
Bank of America (BAC) and Citigroup (C) reported first quarter increases in profits and revenue driven by robust trading results, becoming the latest big banks to benefit from the market ...
Bank of America Corp.’s stock traders posted a record quarter as the company reaped the benefits of volatile markets and net interest income topped analysts’ estimates. Revenue from equity ...
Investing.com -- Bank of America (NYSE:BAC) (BofA) said its clients were net sellers of equities for the second consecutive week, with total outflows reaching $2.9 billion as the S&P 500 declined 1.5% ...