Mar 09

Bank of America is one of those rare companies that distribute profits to shareholders. during the latest investor conference, the CEO, Brian Moynihan said BofA aims to pay out 30 per cent of its annual earnings in dividends.

Bofa profit forecast & prediction

BofA has predicted pretax earnings of $35bn-$40bn a year once its businesses recovered from the financial crisis.

BofA dividend yield

It means shareholders could be set to receive close to $10 billion in dividends.

written by Constantine Njeru \\ tags: , , , , , , , , , , , , , ,

Mar 09

The good times are around the corner! That was the message from Bank America CEO during the company’s first investor conference since 2007.

Bank Of America Profit Forecast & Prediction.

The chief executive of Bank of America has forecast and predicted pretax earnings of $35bn-$40bn a year once its businesses recovered from the financial crisis.

Why Bank of America stock may be set for Growth

Bank of America stock is currently trading at $14. Last year profits were around $11 billion. If the company delivers in it’s promise of growing profits 3 fold, then the stock could be set for a massive upswing.

The CEO, Brian Moynihan had a sweetener for shareholders, he said BofA aims to pay out 30 per cent of its annual earnings in dividends.

written by Constantine Njeru \\ tags: , , , , , , , , , , , , , , , , , , ,

Apr 26

Another word for financial crisis is making money. Because during financial crisis clever investors roam like vultures looking for opportunity to make money.

History of Making Money In a Financial Crisis

Back in the early 1990? George Soros pounced on British financial crisis, shorting the British pound and walking away with a cool US$ 1 Billion in the process. In the late 90′s he rode the Asian crisis all the way to the bank. The then malaysian Prime Minister referred Soros as “A Criminal”

When the US housing market crashed back in 2007 many sub prime moergage borrowers were crying but one hedge fund manager was having a laugh. John Paulson a hedge fund manager in New York had bet against the sub prime market and made billions.

The two above investors made money by shorting the market. Talk to your financial advisor and see how you to can profit from fianancial crisis.

written by Constantine Njeru \\ tags: , , , , , , , , , , , , , , , , , , ,

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