BofA Donates to San Francisco Hospital Foundation and 2 Other Hot Stocks to Follow
Bank of America Corporation (NYSE:BAC): Current price $13.02
On Thursday, San Francisco General Hospital Foundation said that it has received a $1,122,500 donation from Bank of America, thanks to an auction of art works from the company’s own collection held last night, alongside proceeds from a May sales event with Sotheby’s in New York. The funds will help San Francisco General Hospital and Trauma Center continue to follow its mission which includes access to high quality health care for everyone, including the region’s most vulnerable populations; education of the next generation of health care professionals; comprehensive emergency and trauma care as San Francisco’s only Level-1 Trauma Center; public health vigilance; and research to advance the care of its patients.
VeriFone Systems (NYSE:PAY): Current price $17.96
Shares plummeted the most in over three months after the credit-card terminals manufacturer estimated fiscal third-quarter sales and profit that missed consensus, as customers transfer to rival products. The shares had tumbled 17.9 percent to $18.02 by late morning in New York, and earlier touched $17.85 for the largest intraday decline since Feb. 21. Earnings excluding some items should come to about 20 cents per share on revenue of roughly $400 million for the period, which ends in July, according to a company statement on Wednesday. Consensus had pointed to profit of 51 cents on sales of $460.2 million, said data compiled by Bloomberg.
BlackBerry (NASDAQ:BBRY): Current price $13.85
In an attempt to correct four years of falling smartphone market share losses, the firm wants to entice CIOs and corporate users with new management software and handsets, among which include the keyboard-equipped BlackBerry Q10 that will be available in June from domestic carriers. Chief Operations Office Kristian Tear told CIO Journal in an interview at BlackBerry’s office that, to this effort, senior executives are regularly meeting with current and prospective customers so as to promote new technologies. At one time, the company controlled the corporate smartphone market, and many employees use their own iPhone and Android smartphones for work, according to Gartner, which indicated that Android and iOS devices comprised almost 93 percent of smartphones sold globally in the first quarter, versus 3 percent for BlackBerry.