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.

Closing Price
$24.90
Day's Change
0.03 (0.12%)
Bid
--
Ask
--
B/A Size
--
Day's High
25.26
Day's Low
24.71
Volume
(Below Average)
Volume:
51,007,411

10-day average volume:
60,060,344
51,007,411

How the Gaming Industry may be Experiencing Rapid Growth During the Pandemic

8:45 am ET September 9, 2020 (PR Newswire) Print

The world-wide pandemic and its accompanying quarantine have presented an opportunity for dedicated console and computer gamers to spend more time with new games in store, which is increasing the number of users and driving more revenues into the market. The console games market consists of sales of console games. The console games market is segmented into digital, online/micro-transaction and physical console games. A recent report from ResearchAndMarkets predicts that the global console games market is expected to grow from $40.6 billion in 2019 to about $57.9 billion in 2020. It also noted that the increasing penetration of smartphones has increased the demand for mobile gaming as compared to that of console games. The market is expected to stabilize and reach $67.1 billion at a CAGR of 13.4% through 2023. Mentioned in today's commentary includes Versus Systems Inc. (CSE: VS) (OTCQB: VRSSF) and HP, Inc. (NYSE: HPQ).

The report said that the console video game developers are adopting to subscription-based gaming and that the major driving force for the console games market is the rapid increase in the number of active gamers across the world. In 2017, there were 2.21 billion gamers worldwide and the number is expected to reach 2.73 billion by 2021. According to Nielsen, 64% of the general population in the USA are gamers. Esports viewers would also significantly contribute to the growth of console games market as it is estimated that approximately 557 million people will watch Esports by 2021. The overall picture shows that the global gaming industry itself is rapidly expanding. Another report, from MarketsAndMarkets says that the global gaming industry is expected to register a CAGR of 12% during the forecast period 2020-2025.

Versus Systems Inc. (CSE: VS) (OTCQB: VRSSF) BREAKING NEWS: U.S. Patent Office Grants New Patent Claims for Versus Systems' In-Game Rewards Platform - Versus announces that, pursuant to a Versus filing made in 2015, the U.S. Patent and Trademark Office (USPTO) has allowed 20 new claims associated with a patent filing titled "PROMOTING COMPETITIVE BALANCE IN MULTIPLAYER GAMING."

The patented claims protect a number of proprietary systems and methods for architecting multiplayer matches and competitions in such a way that they maximize the level of skill required to win, rather than relying on elements of chance. Promoting competitive balance using these methods will allow content companies - including major game publishers, video platforms, and fitness apps - to offer real-world prizes in more states, territories, and countries than they could previously - dramatically increasing the potential number of participants in a sweepstakes, tournament, or reward-based competition. Versus will be using these patented technologies in Versus-enabled systems like HP OMEN, Animoca games, and Kast video streams going forward - allowing players to play for real-world prizes inside their favorite games, and allowing viewers to earn rewards as well.

Developers and publishers that partner with Versus will have access to the full suite of protected claims and patents that Versus has been granted, addressing legal and regulatory compliance dynamically across federal, state, and local law - allowing content partners to place prizes in-game, or in-app for their players to earn as they play.

In addition to these new claims granted by the USPTO, as well as their other issued patents, Versus has filed a number of other claims related to their platform that are currently pending in the United States, and in other Patent Cooperation Treaty countries. Versus actively develops new technologies for prizing and rewards inside interactive media and files for intellectual property protection accordingly. Read this and more news for Versus Systems at: https://www.financialnewsmedia.com/news-vs/

In other gaming news: According to a recent review, HP, Inc. (NYSE: HPQ) the laptop maker has recently announced that it has redesigned the Omen lineup of gaming notebooks, starting with the HP Omen 15. The new design is sleeker and more modern, and is also where AMD is introducing more Ryzen processor options (Intel is still there for those who want it). The company is hoping that these changes make it one of the best gaming laptops.

The new Omen design, has a cleaner look, while it still has personality and the aluminum deck and keyboard frame make it feel solid where you need it most.

On its left side, the Omen has an Ethernet jack (with a drop-jaw design to fit in a thin space), USB 3.2 Gen 1 Type-A, HDMI 2.01a, a 3.5 mm headphone / microphone combination jack, and a full-sized SD card reader. On the right side, there are two more USB Type-A ports, as well as USB 3.2 Gen 1 Type-C and mini DisplayPort and came with a AMD Ryzen 4800H with 8 cores and 16 threads is a strong performer for productivity workloads as well as gaming.

The 15.6-inch, 1920 x 1080, 144 Hz display on the HP Omen 15 is both fairly bright and colorful. The company believes that the HP Omen 15's reintroduction, with a minimalist design for a gaming laptop and options for AMD Ryzen processors is a largely positive relaunch. The design, while plain, is inoffensive and still maintains just a sliver of gamer looks. Ryzen 7 and the GTX 1660 Ti deliver solid mid-level performance, and the 144 Hz display gives you a bit of esports readiness... That makes the HP Omen 15 a good balance for the mid-level gamer.

DISCLAIMER: FN Media Group LLC (FNM), which owns and operates FinancialNewsMedia.com and MarketNewsUpdates.com, is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with any company mentioned herein. FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNM's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. FNM is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed FNM has been compensated forty six hundred dollars for news coverage of the current press releases issued by Versus Systems Inc. by a non-affiliated third party. FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

Contact Information:Media Contact email: editor@financialnewsmedia.com +1(561)325-8757

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