Bank of America (BAC) Trades Higher After Streamlinig Operations, Naming Co-COOs
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Price: $59.67 +0.71%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.1%
EPS Growth %: +25.8%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.1%
EPS Growth %: +25.8%
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Bank of America (NYSE: BAC) is trading higher Wednesday morning, following an announcement it will begin operating under three streamlined segments: individuals, companies, and institutional investors. Shares are up 2.8% ahead of the bell.
BofA Chief Brian Moynihan also appointed David Darnell and Tom Montag to the newly-created positions of co-chief operating officers, accountable for all of the company’s operating units.
Click here for more color on the move.
BofA Chief Brian Moynihan also appointed David Darnell and Tom Montag to the newly-created positions of co-chief operating officers, accountable for all of the company’s operating units.
Click here for more color on the move.
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