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.
Don’t Miss: Oracle and Hewlett-Packard Sticking to BATTLE Positions.
Want news like this in real-time so you can get an edge? Click here for Wall St. Cheat Sheet Pro.
Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
Learn More
There's always a bull market in some sector! Find the best opportunities in commodities.
Learn more
At last, a trading system that buys the right ETFs at the right time, time after time!
Learn more