Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Value Plays

Price Is Right?

After shunning large lending companies, billionaire value investor Michael Price bought shares of Bank of America (BAC) in its $19.3 billion equity sale on Dec. 3, and says he plans to buy more. The company, whose stock fell 66% in 2008, plans to repay $45 billion in Troubled Asset Relief Program (TARP) funds.

Price says Charlotte (N.C.)-based BofA is the only large U.S. bank that he owns. Its price could rise above $20 if profit reaches $2 a share, he says. The average per-share profit estimate of analysts surveyed by Bloomberg is 96 cents for 2010 and $2.10 for 2011. BofA's stock is up about 10% this year.

blog comments powered by Disqus