BofA Ramps Up Mortgage Loans and 3 Dow Movers Buzzing Now
The Boeing Company (NYSE:BA), in its fifth annual finance market forecast, foresees the world’s airlines should with reasonable liquidity and pricing for new-aircraft delivery financing next year, during which time jet builders accelerate production to meet demand. Resilience in air-travel, along with stable demand, should support funding for $104 billion in 2013 deliveries. Most of the funding sources are expected to improve or be stable despite economic unknowns. Indicators have global aviation remaining healthy, attracting continued financing.
Bank of America Corporation’s (NYSE:BAC) Chief Executive Brian Moynihan said on Tuesday that his company will likely make more mortgage loans in the fourth quarter of 2012 than in the same period in 2011 as it concentrates on lending directly to consumers.
Catalysts are critical to discovering winning stocks. Check out our newest CHEAT SHEET stock picks now.
Caterpillar (NYSE:CAT): While politicians anticipate a job-creating revival of American manufacturing, one area where United States-based plants are still world champions is in heavy equipment, such as mining trucks, according to the Wall Street Journal. The majority of these giant trucks are shipped to Australia, Latin America, Asia and Africa.
Chevron Corporation’s (NYSE:CVX) recent preliminary deal with YPF (NYSE:YPF) could bring the company legal problems as Repsol (REPYY) has filed a suit at the World Bank’s arbitration tribunal, seeking $10.5 billion from Argentina for its expropriation of 51 percent of YPF, says The Financial Times. Repsol has also promised legal action against any firms partnering with YPF through which to develop what it considers its assets.
Investing Insights: Is AIG’s Stock a Buy with These Catalysts?