BofA Considers Social Impact Bonds and 3 Dow Movers Rounding Out the Week
The Boeing Company’s (NYSE:BA) funding for construction of additional plane for the Defense Department is on a defense policy bill that the White House has threatened to veto. The bill includes the F/A-18 E and F Super Hornet fighters that the United States Navy does not want, says Politico, which explained that the White House was primarily concerned with other controversial items in the bill.
Bank of America Corporation (NYSE:BAC) could be poised to enter into the area of “social impact bonds,” a financing arrangement that helps fund projects for socially beneficial programs, according to the Charlotte Observer.
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Chevron Corporation (NYSE:CVX): Oil prices are set for the first monthly gain in New York since August due to indications of economic growth in the United States and China, the two largest consumers of crude, according to Bloomberg.
CBS Corporation (NYSE:CBS) remains the top-watched network in prime time, but its average overall audience of 11.5 million in that time period is down 10 percent thus far in the fall season year-over-year from 2011, says Nielsen. The section of its audience from 18 to 49-year-olds, which comprises the most prized demographic by advertisers, has fallen by 20 percent. Other large media entities have turned to cable channels, but CBS occupies only a tiny footprint in cable via Showtime.