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Bank of America (NYSE:BAC) reports a quarterly dividend at $18.125 per share on 7.25% of the Series L Preferred Stock, which is payable July 30 and payable to shareholders of record on July 1. The stock accounts from nearly 2% of the PowerShares Financial Preferred Portfolio, up 10.4% year-to-date prior to dividends.
Apple Inc. (NASDAQ:AAPL) shares broke lower than the 10-day moving average.
Don’t Miss: Is Facebook Pointing the Finger at Nasdaq?
Facebook, Inc. (NASDAQ:FB): The New York Times reports, Facebook will most likely file a court motion attempting to consolidate all shareholder lawsuits pertaining to its faulty IPO. The newspaper, citing an unnamed source, adds that the moves expects to see information regarding Nasdaq’s (NASDAQ:NDAQ) role in the IPO issues, and the website may even place a bit of blame on the stock exchange.
Nokia Corporation (NYSE:NOK) was downgraded by Credit Suisse due to continuous pressures regarding competition and slower Windows Phone traction. the price target was dropped from $4. 50 to $2.
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