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.

Premarket

Last Trade
Delayed
$36.56
0.06 (0.16%)
Bid
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Ask
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B/A Size
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Market Hours

Closing Price
$36.50
Day's Change
0.00 (0.00%)
Bid
--
Ask
--
B/A Size
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Day's High
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Day's Low
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Volume
(Light)
Volume:
3,354

10-day average volume:
60,885,776
3,354

Caterpillar's stock surges toward a record, adds nearly 50 points to the Dow's gain

10:50 am ET February 19, 2021 (MarketWatch)
Print

Shares of Caterpillar Inc. (CAT) ran up 3.8% toward a record high in morning trading Friday, enough to pace all of the Dow Jones Industrial Average's gainers. The $7.51 price gain in the construction and mining equipment maker's stock is adding about 49 points to the Dow's price, to account for nearly half of the Dow's 101-point, or 0.3%, gain. Caterpillar's stock has now soared 51.6% over the past 12 months, making it the second-best performer among Dow components during that period, behind only Apple Inc. stock's (AAPL) 60.7% rally. Despite the negative effects of the COVID-19 pandemic on Caterpillar's business and the global economy, the company has beat both profit and revenue expectations for three straight quarters, with fourth-quarter construction industries revenue (http://www.marketwatch.com/story/caterpillar-shares-up-36-premarket-after-q4-profit-beats-estimates-2021-01-29) recovering to the highest level since the fourth-quarter of 2019, or pre-COVID levels.

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

	

(END) Dow Jones Newswires

February 19, 2021 10:50 ET (15:50 GMT)

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