Bank of America (NYSE:BAC) shares continue to get slammed today, down 1.55% in regular trading and another 0.09% since closing bell. The HUD investigation into the bank’s foreclosure practices isn’t heating up, bringing today an accusation of Bank of America execs having “significantly hindered” investigations by withholding pertinent information. For more, see Your Update on Blockbuster Bank Investigations.
Best Buy (NYSE:BBY) reported a better-than-expected Q1 today, and with those results came news that PC sales were also better than expected, pushing Microsoft (NASDAQ:MSFT) shares up 0.75% today, though not as high as Apple‘s (NASDAQ:AAPL) shares, up 1.79% after they came to an agreement with Nokia (NYSE:NOK) over a long-standing patent dispute and began selling unlocked versions of iPhone 4, all in the same day.
General Electric (NYSE:GE) is continuing regular hours success to the tune of 1.14% into after-hours trading with news that China is not slowing as much as investors had feared.
Father’s Day is Approaching June 19th (Gift a Free Trial): Make Your Father the Rich Dad with Wall St. Cheat Sheet’s Winning Newsletter!