$1.08
+0.06 (+5.88%)
CRMT News3 articles
Car-Mart Secures Brief Reprieve as Lenders Extend Waiver to Sept. 11
America's Car-Mart wins a four-day lender waiver extension, now expiring Sept. 11. The stock remains under pressure as the company seeks a transaction to address its debt.
Bank of America's $17B Buyback Potential Amid High Valuation
Bank of America's strong Q2 earnings and $17B buyback capacity are offset by a rich 2.1x tangible book valuation. Analysts see 11% upside.
Bank of America's Fee Income Surge Reduces Interest Rate Reliance
Bank of America (BAC) shares ended at $61.49 after fee income growth reduced interest rate reliance. Noninterest income drove 67.8% of Q2 revenue growth, with trading revenue at a record $7.1 billion.