BofA and 3 Dow Stocks Catching Attention Post Holiday
Bank of America Corporation (NYSE:BAC) Merrill Lynch introduces exact auth override, which represents an improvement to the flagship card solution, ePayables. The new added service will commence in mid-July and will complete the suite of payment options for clients using ePayables.
Investing Insights: Is JPMorgan Throwing Good Money Out With the Bad?
JPMorgan Chase & Co. (NYSE:JPM) divested an estimated $25 billion of profitable securities in an effort to shore up its earnings following trading losses linked to the bank’s now-infamous “London Whale”, which compounded the cost of those trades, says a Reuters report.
Boeing Co. (NYSE:BA): The Senate Armed Services Committee has passed a defense budget of almost $4 billion less than a similar bill that was approved by the House, reports The Hill, adding that it also disagreed on the need for an East Coast missile shield, plus several social earmarks that were attached to the defense blueprints.
Wal-Mart Stores Inc. (NYSE:WMT) reports that the first 10 outlets of its small-format stores have performed well and more are coming, in a strategy that creates further competition for Tesco’s (TSCDY) Fresh & Easy U.S. business, according to a Financial Times report.
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