Bank of America

Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 68 million consumer and small business clients with approximately 3,900 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 57 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 4 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and more than 35 countries. Bank of America Corporation stock is listed on the New York Stock Exchange (NYSE:BAC).

Disney 4Q Looks to Be Continuation of Recent Trends

/ / Consumer Discretionary / ,

Disney’s performance in 4Q appears to be a continuation of recent trends, say analysts at BofA Securities in a research note. Advertising is improving sequentially but not necessarily rebounding, while theme park trends overall remain healthy. The entertainment giant’s short dispute with Charter Communications should have a minimal impact. “FY24 outlook is clearly more positive as it will reflect solid underlying momentum at parks and continued improvement in losses at DTC, ” say the analysts. CEO Bob Iger has made a lot of progress in his first year back, but more is needed in the second year. The analysts believe the near-term strategic priorities include NBA contract renewal, bringing in a strategic partner or partners for ESPN, settling streaming service Hulu’s ownership and any potential asset sales or restructuring.

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AT&T Inc. (T) Bank of America Securities Media, Communications and Entertainment Conference (Transcript)

/ / Telecommunications / ,

AT&T Inc. (NYSE:T) Bank of America Securities Media, Communications and Entertainment Conference September 14, 2023 8:00 AM ET Company Participants Pascal Desroches – Chief Financial Officer Conference Call Participants David Barden – Bank of America David Barden All right. So, guys, good morning. Thank you for joining us again for day two of the 2023 Bank of America Media Communications Entertainment Conference. I’m Dave Barden. I head up telecommunications and common infrastructure research for the bank for the U.S. and Canada based here in New York. We are very thrilled, to start off day two with AT&T and their Chief Financial Officer, Pascal Desroches joining us. Pascal, thank you for being here. Pascal Desroches Good morning, everybody. It’s a pleasure to be here. David Barden Before we begin, do you want to do any safe harbor? Pascal Desroches Yes. Just as you know, some of the comments I’m going to

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