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
$29.59
Day's Change
-0.23 (-0.77%)
Bid
--
Ask
--
B/A Size
--
Day's High
30.13
Day's Low
29.57
Volume
(Heavy Day)
Volume:
167,795,072

10-day average volume:
70,266,504
167,795,072

Shoe Carnival stock jumps more than 10% after earnings beat

4:35 pm ET March 26, 2019 (MarketWatch)
Print

Shoe Carnival Inc. (SCVL) shares rose more than 10% in the extended session Tuesday after the company's earnings slightly topped Wall Street projections. Shoe Carnival reported fiscal fourth-quarter net income of $1.4 million, or 9 cents a share, compared with losses of $3.9 million, or 24 cents a share, in the year-ago period. Adjusted for items such as stock-based compensation and tax effects, among other items, earnings were 11 cents a share. Revenue fell to $234 million from $243.2 million in the year-ago period. Analysts surveyed by FactSet had estimated earnings of 6 cents a share on revenue of $233 million. For the full year, the company said it expects earnings of $2.60 to $2.70 a share and sales of roughly $1.04 billion. Analysts model earnings of $2.66 a share and sales of $1.04 billion. Shoe Carnival stock has gained 20% in the past year, with the S&P 500 index rising 5.3%.

-MarketWatch; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

March 26, 2019 16:35 ET (20:35 GMT)

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