Monday, October 18, 2010
This is How We "Douze" It (NYSE: BAC)
New York- Bank of America stock is back to Douze in French or in English twelve. The largest bank in the United States and one of the ten largest in the world passed the humbling number earlier this morning after initially struggling and reaching a low of $11.83 a share. Bank of America is set to report its Q3 results Tuesday morning. Investors will look if the bank is still continuing to have problems with its troubled Country Wide Financial and Merill Lynch. Investors will also ask for an update regarding the banking giants role in the foreclosure scandal that has rocked the nation and caused a temporary moratorium on current foreclosures.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment