Apple Pullback Speculated and 4 Hot Stocks Buzzing Today

| + More Articles
  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

Bank of America (NYSE:BAC): Current price $12.00

Bank of America Corp. Chief Executive Brian Moynihan has stated his wish for his bankers lend more aggressively to businesses, reports the San Francisco Business Times, which is poistive news for companies hoping borrow and is a promising sign for the economy, according to Mark Calvey of the SFBT. Furthermore, this reflects the necessity for Bank of America and its rivals to discover avenues of growth while both new regulations and the Fed’s low-rate policies continue to place pressure on the profits. Also, banks have been dealing with people paying off loans and business owners not wishing for much finance expansion.

More Articles About:

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business