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.

Closing Price
$27.01
Day's Change
-1.17 (-4.15%)
Bid
--
Ask
--
B/A Size
--
Day's High
28.07
Day's Low
26.71
Volume
(Heavy Day)
Volume:
118,851,628

10-day average volume:
62,752,570
118,851,628

UPDATE: Netflix is no longer allowing users pay through Apple's iTunes

9:45 am ET January 2, 2019 (MarketWatch)
Print

Netflix Inc. (NFLX) is no longer allowing users to pay for its streaming service through Apple Inc.'s iTunes service, according to an update of the FAQ, or frequently asked questions, on its site. "We no longer support iTunes as a method of payment for new members," the company says. "Existing members who currently use iTunes as a method of payment can continue to do so." Apple has a 15% charge on in-app subscriptions that it will now no longer receive, with Netflix instead pushing customers to its own website for billing and payments services. Netflix shares were down 3.5% premarket, but have gained 33% in the last 12 months, while the S&P 500 has fallen 7%. Apple shares (AAPL) were down 2%, with all 30 Dow components moving lower.

-Ciara Linnane; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

January 02, 2019 09:45 ET (14:45 GMT)

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