Bank of America Corporation announced that its Board of Directors has authorized regular cash dividends for several series of its preferred stock. The dividend amounts and payment dates vary by series, with record dates ranging from July 31 to September 1 and payment dates from August 17 to September 25. This move reflects the bank's ongoing commitment to returning value to preferred shareholders. Investors holding these preferred shares can expect scheduled dividend payments in the coming months.
Bank of America is contributing $250,000 to the American Red Cross to support relief efforts for families and communities affected by wildfires in Spokane, Washington, and other Western states. The funds will provide emergency shelter, meals, supplie...
Greg Abel, Warren Buffett's successor at Berkshire Hathaway, invested about $17 billion in Alphabet during Q2 2026, making it a core holding. This move aligns with Alphabet's strong fundamentals, including 24.2% revenue growth and a low valuation. Ab...
In Q2 2026, Berkshire Hathaway sold 4.15 million shares of Capital One, reducing its stake by 58%, while Third Point increased its holdings by 685,000 shares. Berkshire also reduced exposure to other consumer credit firms like Bank of America and All...
