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Bank of America's Outlook Lowered to Neutral - the Instability in the Economy Offsets the Improvement in the Company's Financia


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Published in Business and Finance on Thursday, May 13th 2010 at 8:10 GMT by Market Wire   Print publication without navigation


DUBLIN--([ BUSINESS WIRE ])--Research and Markets ([ http://www.researchandmarkets.com/research/c95951/bank_of_americas ]) has announced the addition of the "[ Bank of America's Outlook Lowered to Neutral ]" report to their offering.

"Bank of America's Outlook Lowered to Neutral"

Bank of America Corporations (NYSE: BAC) rating was affirmed at T3, as the considerable downside risk associated with the company's operations and investment portfolio remains high. The instability in the global economy partially offsets the improvement in the company's financial position, resulting in a neutral outlook for the company over the short to medium-term.

Based on the materials reviewed, a rating of T3 denotes a company that provides significantly limited transparency, consistency, and straight-forwardness. There are significant concerns within the presentation, description of the financials, and other corporate activity.

The above rating was completed on May 12, 2010, and it is primarily based on the quarter ended March 31, 2010.

I. Synopsis

II. Introduction

III. Financial Transparency

IV. Behavioral Assessment

For more information visit [ http://www.researchandmarkets.com/research/c95951/bank_of_americas ]


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