{"id":11260,"date":"2009-08-14T00:00:00","date_gmt":"2009-08-14T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"bofa-shares-jump-after-exec-hedge-fund-buy-shares","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2009\/bofa-shares-jump-after-exec-hedge-fund-buy-shares.html","title":{"rendered":"BofA shares jump after exec, hedge fund buy shares"},"content":{"rendered":"<p> The Associated Press &#8211; Shares of Bank of America shot up Thursday as a new executive at the bank, as well as a prominent hedge-fund manager, decided to place big bets on the company by buying up blocks of shares.<\/p>\n<p> Shares jumped $1.07, or 6.7 percent, to close at $17.<\/p>\n<p> Sallie Krawcheck, the former Citigroup Inc. executive hired last week as part of a management shake up at the Charlotte, N.C.-based bank, bought more than $1 million worth of the bank&#8217;s shares on Wednesday, according to a filing with the Securities and Exchange Commission on Thursday.<\/p>\n<p><a title=\"Read Complete Article\" target=\"_blank\" href=\"http:\/\/abcnews.go.com\/Business\/wireStory?id=8321673\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Associated Press &#8211; Shares of Bank of America shot up Thursday as a new executive at the bank, as well as a prominent hedge-fund manager, decided to place big bets on the company by buying up blocks of shares. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[1024,5818,82,218,812,37,35,21],"class_list":["post-11260","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-1-million","tag-bank-of-america","tag-bets","tag-citigroup","tag-citigroup-inc","tag-hedge-fund-manager","tag-securities-and-exchange","tag-securities-and-exchange-commission"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11260","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=11260"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11260\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=11260"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=11260"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=11260"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}