4 Big Stocks Attracting Attention Feb. 14th (BAC, AAPL, GM, MSFT)
Bank of America Corporation (NYSE:BAC): Saying the Volcker rule would increase risk, raise costs for investors, hurt U.S. competitiveness and be open to legal challenge, major banks and their trade associations are pushing for changes to a proposed U.S. ban on proprietary trading, escalating their effort against the rule which takes effect in five months, reports Bloomberg. Shares of Bank of America Corporation are trading 2.67% lower today.
Apple (NASDAQ:AAPL): With increasing competition and to broaden its product line, Apple (NASDAQ:AAPL) is working with component suppliers in Asia to test a new tablet computer with a smaller screen–about eight inches–sources say, reports the Wall Street Journal. Shares of Apple are trading .10% higher today.
General Motors (NYSE:GM): GM can expect to receive approval to build a $1.1B factory in China, according to a provincial government statement, reports Bloomberg Businessweek. Shares of General Motors are trading .08% higher today.
Microsoft (NASDAQ:MSFT): Microsoft, with 14 stores in the U.S., is planning its first store outside the country and it will be in Canada, reports the Globe and Mail. Shares of Microsoft are trading .92% lower today.
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