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.

Day's Change
0.285 (0.98%)
B/A Size
Day's High
Day's Low

Today's volume of 82,420,912 shares is on pace to be in-line with BAC's 10-day average volume of 83,450,522 shares.


GE's stock surges into bull-market territory, for 2nd time in about 2 months

1:52 pm ET January 2, 2019 (MarketWatch)

Shares of General Electric Co. (GE) soared 6.9% toward a 7-week high in afternoon trade Wednesday, as the bounce off last month's 9 1/2-year low has propelled them into bull-market territory. Since closing Dec. 12 at $6.71, the lowest level since it bottomed at $6.66 on March 5, 2009, the stock has now run up 20.6%. Many on Wall Street define a bull market as a rise of 20% or more off a bear market low. GE shares would have to close above $8.05 to make the new bull market official. GE's last bull market began on Oct. 8, 2018, when it closed ($13.61) 20.8% above its Sept. 25, 2018 closing low of $11.27. That bull market ended on Oct. 30, when it closed 25% below its Oct. 8 peak. Since long-time GE bear analyst Stephen Tusa at J.P. Morgan upgraded the stock Dec. 13, the stock has rallied 12.4% while the Dow Jones Industrial Average has lost 1,223 points, or 5.0%, over the same time.

-Tomi Kilgore; 415-439-6400;

(END) Dow Jones Newswires

January 02, 2019 13:52 ET (18:52 GMT)

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