Page 12 - While Bank News Today

Oil prices fell on Friday as investors worried that weakening global economic growth and tighter central bank monetary policy could curb a recovery in fuel demand.

Morgan Stanley reduced their price objective on Bank of America from $38.00 to $37.00 in a research report on Thursday.

Bank of Georgia Group PLC (LON:BGEO - Get Rating) insider Alasdair (Al) Breach sold 18,576 shares of the firm's stock in a transaction that occurred on Wednesday, December 7th. The shares were sold at an average price of GBX 2,675 ($32.62), for a total value of £496,908 ($605,911.47).

Canadian banking stocks like TD Bank have been anchors that have provided investors' portfolios with strong long-term growth and income.

Public sector banks have put up a healthy performance in the past few months. But can this trend continue?

StockNews.com lowered shares of Bank of Hawaii from a "hold" rating to a "sell" rating in a research note on Tuesday.

Morgan Stanley raised their price objective on shares of Bank of America from $36.00 to $38.00 and gave the stock an "equal weight" rating in a report on Tuesday.

Bank of America Co. (NYSE:BAC) was the recipient of a significant decrease in short interest during the month of November. As of November 15th, there was short interest totalling 73,610,000 shares, a decrease of 7.2% from the October 31st total of 79,280,000 shares. Approximately 0.9% of the company's shares are sold short. Based on an average daily trading volume, of 40,490,000 shares, the days-to-cover ratio is currently 1.8 days.

Bank of America Co. (NYSE:BAC) has been given a consensus recommendation of "Moderate Buy" by the eighteen brokerages that are presently covering the company, Marketbeat.com reports. Four investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company.

By Jonny Walker, Sports Assignment Editor On St. Bonaventure’s opening possession against Southern Indiana Tuesday night in the Reilly Center, forward Chad Venning received the ball in the low post. The 6-foot-10, 270-pound big man backed down his comparatively slender defender, spun to his left and laid the ball in off the glass with his…