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 […]
Posts Tagged ‘BAC’
Alcoa, Bank of America and Hewlett-Packard to Be Dropped from The Dow 30
Posted by admin on September 10th, 2013
Bank of America Earnings Move Stock Higher
Posted by admin on July 17th, 2013
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
Posted by admin on July 17th, 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 […]