Bank of America Corp
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Financials : Banks | Large Cap ValueCompany profile

Bank of America Corporation is a bank holding company and a financial holding company. The Company is a financial institution, serving individual consumers and others with a range of banking, investing, asset management and other financial and risk management products and services. The Company, through its banking and various non-bank subsidiaries, throughout the United States and in international markets, provides a range of banking and non-bank financial services and products through four business segments: Consumer Banking, which comprises Deposits and Consumer Lending; Global Wealth & Investment Management, which consists of two primary businesses: Merrill Lynch Global Wealth Management and U.S. Trust, Bank of America Private Wealth Management; Global Banking, which provides a range of lending-related products and services; Global Markets, which offers sales and trading services, and All Other, which consists of equity investments, residual expense allocations and other.

Price
Delayed
$28.67
Day's Change
2.12 (7.98%)
Bid
--
Ask
--
B/A Size
--
Day's High
28.71
Day's Low
27.86
Volume
(Heavy Day)

Today's volume of 107,100,621 shares is on pace to be much greater than BAC's 10-day average volume of 70,238,065 shares.

107,100,621

Activision names former CFO Dennis Durkin as new CFO

8:14 am ET January 2, 2019 (MarketWatch)
Print

Activision Blizzard Inc. (ATVI) said Wednesday Dennis Durkin is returning as chief financial officer, effective immediately. The news follows the interactive gaming company's disclosure Monday (http://www.marketwatch.com/story/activision-blizzard-wants-to-fire-cfo-2018-12-31) that it notified CFO Spencer Neumann that it intended to terminate him for cause, with a separate report saying he would be hired by Netflix Inc. (NFLX). Durkin had been CFO of Activision from March 2012 to May 2017, and had most recently been serving as the company's chief corporate officer. "Dennis is a leader with unimpeachable integrity and exemplary character who displays impeccable judgment," said Chief Executive Bobby Kotick. "We missed having him in a more day-to-day operational and financial role and are glad to have him back as CFO." The stock dropped 2.5% in premarket trade, amid a broad-market selloff (http://www.marketwatch.com/story/dow-futures-sink-more-than-300-points-to-kick-of-2019-as-asian-markets-tumble-2019-01-02). It has plunged 44.2% over the past three months through Monday, while the S&P 500 has lost 14.3%.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

January 02, 2019 08:14 ET (13:14 GMT)

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