Word: banc
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...there's evidence that too much money is now sloshing around. It's winding up in stocks and real estate, pushing prices up too far and too fast for the underlying economic fundamentals. "We're not in a full-blown bubble yet," says David Cui, China strategist for Banc of America Securities - Merrill Lynch in Shanghai. "But the risk is there. There is such a sharp turnaround, especially since it is largely fueled by easy money...
...confidence, both externally and internally, in the company," he says. Despite an emotional new ad campaign that stresses innovation, the turnaround is complicated. Brands like Toyota have better reputations; their cars resell for as much as $2,500 more than American cars, according to Ronald Tadross, auto analyst with Banc of America Securities. "Ford has a revenue problem, not a cost problem. Their products just can't command enough value in the market," he says. Total sales were $164 billion in 2003; estimates for '06 are around $150 billion. Ford Motor hopes several new midsize cars with crisp styling...
...account for $930 of the cost of each of GM's vehicles, $560 of Ford's and only $110 of Toyota's--putting the Americans at a severe disadvantage. Ford loses $258 for every car it produces, compared with Toyota's profit of $1,698 per vehicle, according to Banc of America Securities...
...Banc of America came out with a report that found Gannett executives are the best paid in the newspaper industry. Tell me why you're worth...
...impressed Wall Street has already driven the stock price to an all-time high of $68, up 25% this year. "It's a no-brainer. They're going after a new demographic," says William Steele, an analyst for Banc of America Securities...