Bank of America Corp
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Financials : Banks | Large Cap Value
Company 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
$23.88
Day's Change
1.22 (5.36%)
Bid
--
Ask
--
B/A Size
--
Day's High
23.95
Day's Low
23.67
Volume
(Heavy Day)

Today's volume of 19,549,581 shares is on pace to be much greater than BAC's 10-day average volume of 71,799,767 shares.

19,549,581

A major U.S. airline 'most likely' will go bankrupt, Boeing CEO says in interview

5:48 am ET May 12, 2020 (MarketWatch)
Print

A major U.S. airline will "most likely" go bankrupt, Boeing CEO David Calhoun said during a "Today" show interview scheduled to air Tuesday, according to a USA Today report (https://www.usatoday.com/story/travel/airline-news/2020/05/11/boeing-ceo-predicts-major-airline-go-out-business-coronavirus-pandemic/3113292001/). Calhoun didn't identify any carrier, and Bloomberg News quoted a Boeing spokesman as saying the CEO wasn't referring to any airline in particular. Calhoun said airlines won't be back to even 25% business by the autumn, and "maybe by the end of the year we approach 50 [percent]."

-Steve Goldstein; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

May 12, 2020 05:48 ET (09:48 GMT)

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