There were $22.2 billion of equities inflows in the latest week, BofA said in its weekly round-up of flows in and out of world markets. Emerging markets drew $11.1 billion of inflows, the largest weekly figure since February, and the U.S. had $7.9 billion. The inflows ...
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BofA upgraded Kellanova to Buy from Neutral with a price target of $70, up from $62, after the company reported what the firm calls its third straight solid quarter since the spin of North American Cereal in October of last year, signifying strength across its portfolio. The firm s...
Bank of America spokesman Scott Silvestri said today that, “John Thain and the Merrill Lynch compensation committee made the decision on the amount and timing of year-end compensation,” he said. “We had no legal right to challenge it.” ...