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Bank of America Stock |
Bank of America stock price and quotes keep on changing depending on the stock market conditions. The bank offers industry-leading services to over 4 million small business owners through a range of innovative, easy to use online services and products. Bank of America is one of the leading financial institutions serving a large number of clients in more than 150 countries. Bank of America Corporation Stock is a part of the Dow Jones Industrial Average and it is listed on the New York Stock Exchange.
Bank of America Stock Price
Bofa stock price has always seen ups and downs in the entire history of the corporation. Recent Bank of America stock news depicts that the $19.3 billion raised by the bank will be used toward paying the federal bailout funds and freeing the bank from TARP. Bank of America Corp (BAC), the leading US lender raised this huge $19.3 billion by selling securities at about $15 a piece in the largest sale of stock and preferred shares by public company in the country since 2000. The bank is also planning to repay approximately around $45 billion rescue funds by selling 1.286 billion common equivalent securities.
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Bank of America stock symbol is BAC and its stock chart as well as well as stock analysis can be checked at the official website of the bank. Moreover, exclusive details on Bofa stock market history are also provided by the bank. During the month of May 2009, Bank of America raised $13.5 billion by issuing about 1.25 billion common shares at $10.77 in response to the stress tests of the government and to help the bank in taking over Merrill Lynch & Co.
Bank of America stock news is offered by a number of online stock information providers and they can be easily availed by making some online research. Bank of America is also planning to use the proceeds to free itself from several restrictions of the government after they have accepted funds from the Troubled Asset Relief Program. With the help of Bank of America, many other banks, insurers and brokerages have raised about $1.5 trillion to build up capital after the financial crisis since the Great Depression. For more details on bofa stock analysis, you can visit the official website of the bank mentioned below.
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| Bank of America | Bank of America plays an important role in the stock market of the Unites States. Find more details on stock prices and quotes of the bank at their official website.
Website:http://phx.corporate-ir.net/ |
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