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
$31.17
Day's Change
0.1458 (0.47%)
Bid
--
Ask
--
B/A Size
--
Day's High
31.37
Day's Low
30.75
Volume
(Average)

Today's volume of 46,528,495 shares is on pace to be in-line with BAC's 10-day average volume of 58,504,504 shares.

46,528,495

UPDATE: Walt Disney banning Netflix ads on its TV networks: report

3:58 pm ET October 4, 2019 (MarketWatch)
Print

Walt Disney Co. (DIS) is banning Netflix Inc. (NFLX) ads across its TV networks, according to a report from the Wall Street Journal (https://www.wsj.com/articles/disney-bans-netflix-ads-as-streamings-marketing-wars-intensify-11570199291), ahead of the launch of the entertainment and media giant's Disney+ streaming-video service (http://www.marketwatch.com/story/disney-will-win-streaming-battle-with-netflix-analyst-2019-08-07) next month. Citing people familiar with the matter, the report said Disney had told staffers not to accept ads from any rival streaming services but later reversed course and found a compromise with nearly company except Netflix. In 2018, Netflix spent $99.2 million on TV ads in the U.S., with 13% going to Disney-owned networks, the Journal report said, citing data from iSpot.TV. Separately, the report indicated Comcast Corp. (CMCSA) plans to spend $100 million on ads outside of its properties to launch its streaming service, Peacock, which is slated for an April 2020 rollout, while AT&T Inc.'s (T) WarnerMedia plans to spend $300 million on ads over the next year to push HBO Max. Disney's stock has run up 17.9% in 2019, while Netflix shares have edged up by 0.4% and the Dow Jones Industrial Average has gained 12.9%.

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

(END) Dow Jones Newswires

October 04, 2019 15:58 ET (19:58 GMT)

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