Those handy plastic plates, cups, and takeout containers that make mealtime cleanup so easy may be doing more harm than we realize.
A new study published in the Journal of Nanobiotechnology has revealed that tiny plastic fragments, known as…
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Bruins’ Charlie McAvoy exits after slap shot hits mouth
MONTREAL — Boston defenseman Charlie McAvoy was hit in the mouth by a slap shot, and he left the Bruins’ game against the Montreal Canadiens midway through the second period Saturday night and didn’t return.
With the…
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Two Issues Open For Bidding This Week; PhysicsWallah Listing In Focus
The IPO rush has died down and only two new initial public offerings will hit the Dalal street in this week, while some existing IPOs will have their last day of subscription.
Among the mainboard, only Excelsoft Technologies Ltd. IPO will open for subscription, while among the SMEs we will Gallard Steel Ltd. IPO making its debut.
Besides this, Fujiyama Power Systems Ltd. will have its third and final day of subscription on Nov. 17. while Capillary Technologies Ltd.’s initial public offer will close on Nov. 18.
Here are more details about the upcoming IPOs in this week:
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Morgan Stanley Reaffirms Overweight Rating on Bank of America (BAC) After Investor Day
Bank of America Corporation (NYSE:BAC) is included among the 15 Best Passive Income Stocks to Buy Right Now.
Morgan Stanley Reaffirms Overweight Rating on Bank of America (BAC) After Investor Day Image by Alexsander-777 from Pixabay
On November 7, Morgan Stanley kept its Overweight rating and a $70 price target on Bank of America Corporation (NYSE:BAC), according to a report by The Fly. The firm also placed the bank among its top picks in the large-cap banking group following the company’s investor day. In its research note, the analyst mentioned that management laid out a path towards a 16% to 18% return on tangible common equity, supported by steady revenue growth and plans to bring the expense ratio down to a range of 55% to 59%. The firm also pointed out that it sees the bank entering a stretch of consistent operating leverage, which it believes should help Bank of America outperform its peers.
During the investor day on November 5, Chairman and CEO Brian Moynihan highlighted that he expected earnings to grow at a strong pace, with returns rising accordingly. In the Global Corporate & Investment Banking segment, the bank aims to lift corporate banking revenue at a mid-single-digit compound rate. Part of that growth is expected to come from its overseas expansion, where the company is targeting roughly 20% growth in Latin America and around 40% in Europe, the Middle East, and Africa. The Global Investment Banking unit is working with similar mid-single-digit growth expectations.
Bank of America Corporation (NYSE:BAC) has spent the past decade expanding its presence across the US. From 2014 through 2024, it put more than $5 billion into building out financial centers and moving into new markets nationwide.
Bank of America Corporation (NYSE:BAC) ranks among the largest financial institutions in the country, offering a broad range of banking, investment, and financial management services to individuals, small firms, and corporations around the world.
While we acknowledge the potential of BAC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 15 Extreme Dividend Stocks to Buy According to Hedge Funds and 15 Overlooked Dividend Stocks to Buy Right Now.
Disclosure: None.
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China Coast Guard ship formation sails through Japan-administered Senkaku Islands
BEIJING, Nov 16 (Reuters) -…
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Multiple Switch Games Get Switch 2 Compatibility Fixes
Image: Nintendo Life Nintendo has been working to improve Switch game compatibility on the Switch 2, and following a new system firmware update earlier this week, multiple fixes have been rolled out.
Apart from a fix for Xenoblade Chronicles X,…
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Main Card Results | VeChain UFC 322: Della Maddalena vs Makhachev
In the main event, UFC welterweight champion Jack Della Maddalena looks to fend off former UFC lightweight champion Islam Makhachev. The co-main event will see No. 1 ranked women’s pound-for-pound fighter and UFC flyweight champion Valentina…
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I’m struggling to justify the AirPods Pro 3 when this model just set a record-low price
Jada Jones/ZDNET Follow ZDNET: Add us as a preferred source on Google.
There’s no better earbuds for iOS users than Apple’s AirPods, and the AirPods Pro 2 are a solid option for people who want Apple’s premium earbuds without paying full…
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OnePlus 15 vs. Samsung Galaxy S25 Ultra: I’ve used both Android flagships, and here’s who wins
Prakhar Khanna/ZDNET Follow ZDNET: Add us as a preferred source on Google.
OnePlus has announced its new flagship phone earlier than expected. The OnePlus 15 is here, and it takes on the heavyweights like Samsung Galaxy S25 Ultra without…
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Women’s Basketball Drops Tightly-Contested StorageMart Border Showdown
Mizzou women’s basketball fell short to Kansas 82-77 in the StorageMart Border Showdown on Saturday night at T-Mobile Center in Kansas City, Missouri.
Junior guard Shannon Dowell led Mizzou with 18 points and six rebounds.
Junior guard Grace…
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