Water Utility Sabesp Kicks Off $3 Billion Brazil Share Sale [BNN Bloomberg (Canada)]
Bank of America Corporation (BAC)
Last bank of america corporation earnings: 4/15 06:45 am
Check Earnings Report
US:NYSE Investor Relations:
investor.bankofamerica.com
Company Research
Source: BNN Bloomberg
Sao Paulo state, which owns a controlling stake in Cia de Saneamento Basico do Estado de Sao Paulo, as the Brazil utility is formally known, is offering 191,713,044 existing shares for sale, according to a filing Friday. If an over-allotment is fully sold, it could add as many as 28,756,956 shares to the transaction. At current market prices, that means the transaction could raise up to 16.5 billion reais ($3 billion), while Sao Paulo's stake in Sabesp could fall to 18% from the current 50.3%, effectively privatizing the company. The deal is expected to price on July 18. Sabesp is working with Banco BTG Pactual SA, UBS BB Investment Bank, Bank of America Corp., Citigroup Inc. and Banco Itau BBA SA on the equity deal. Bradesco BBI, Goldman Sachs Group Inc., JPMorgan Chase & Co., J. Safra, Morgan Stanley, Santander and XP Inc. are the joint bookrunners. The sale would be a win for right-wing Sao Paulo Governor Tarcisio de Freitas, who has vowed to privatize companies to improve p
Show less
Read more
Impact Snapshot
Event Time:
BAC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BAC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BAC alerts
High impacting Bank of America Corporation news events
Weekly update
A roundup of the hottest topics
BAC
News
- People are 'giving up' on homebuying: Kinloch Partners CEO Thu, Jun 27, 2024, 10:08 PM GMT+2 0 Video Transcript Advertisement Up next Is 'stale' housing inventory keeping buyers off the market? Thu, Jun 27, 2024, 9:51 PM GMT+2 2 Video Transcript AdverAcquire Media Monitor
- Goldman Sachs was the ‘worst hit' in the Fed's latest stress test of big banks. Bank of America still lists it as a buy [Yahoo! Finance]Yahoo! Finance
- Big Banks to Pay $46 Million to Settle Swaps Collusion Claims [Yahoo! Finance]Yahoo! Finance
- Big Banks to Pay $46 Million to Settle Swaps Collusion Claims [BNN Bloomberg (Canada)]BNN Bloomberg
- Goldman Sachs was the ‘worst hit' in the Fed's latest stress test of big banks. Bank of America still lists it as a buy [Fortune]Fortune
BAC
Earnings
- 4/16/24 - Beat
BAC
Sec Filings
- 6/26/24 - Form FWP
- 6/25/24 - Form 424B2
- 6/24/24 - Form FWP
- BAC's page on the SEC website