Posts Tagged ‘BAC’

Alcoa, Bank of America and Hewlett-Packard to Be Dropped from The Dow 30

Alcoa Inc. (AA), Bank of America Corp. (BAC) and Hewlett-Packard Co. (HPQ) will be dropped from the Dow Jones Industrial Average next week, in the biggest shake-up of the 30-stock index in almost a decade. Alcoa, a Dow component for 54 years, will be replaced by athletic gear maker Nike Inc. (NKE). Payments company Visa [...]

Bank of America Earnings Move Stock Higher

This morning, Bank of America (BAC) reported second quarter earnings rose to $3.6 billion, or 32 cents per share, topping Wall Street estimates. Earnings were helped by reduced costs in the quarter as CEO Brian Moynihan was able to lower expenses by 6% year-over-year. As part of the cost-cutting efforts, the bank has slimmed down [...]

Bank of America Reports Earnings: Market Happenings For Wednesday, July 17, 2013

Dow stocks at 52 week highs include Bank of America (BAC), Cisco (CSCO), Johnson & Johnson (JNJ) and Microsoft (MSFT). There are no Dow stock 52 week lows. The Market Tuesday the Dow closed down -32.41 (-0.21%) at 15,451.85. This morning the Dow was indicated to open up +16 points. Year-to-date the Dow is up [...]