Bank of America Corp (NYSE:BAC) has been dealing with legal costs accrued from the financial crisis and they just disclosed larger-than-expected legal expenses of $6 billion, just in the first quarter! BAC is still paying dearly for its mortgage issues almost 6 years after the financial crisis. However, Credit Agricole analyst, Mike Mayo, has a strong history recommending BAC and recently advised BUY BAC. Bank of America Corp (NYSE:BAC) shares after opening at $16.09 moved to $16.34 on last trade day and at the end of the day closed at $16.29. Company price to sales ratio in past twelve months was calculated as 3.19 and price to cash ratio as 0.28. Bank of America Corp (NYSE:BAC) showed a positive weekly performance of 1.81%.
Advanced Micro Devices , Inc. (NYSE:AMD) continued to rise Tuesday as it benefited from its first-quarter earnings report that surpassed analysts’ expectations. Advanced Micro Devices, Inc. (NYSE:AMD) shares advanced 4.37% in last trading session and ended the day on $4.30. AMD return on equity ratio is recorded as -18.90% and its return on assets is -2.00%. Advanced Micro Devices, Inc. (NYSE:AMD) yearly performance is 74.80%.
Micron Technology, Inc., (Nasdaq:MU) announced a new enterprise-class solid state drive (SSD) designed specifically for data center storage platforms. Enterprise applications are experiencing tremendous new demands for greater data throughput due to rapid growth in mobile applications, cloud services and connected devices. Micron Technology, Inc. (NASDAQ:MU) shares moved up 3.40% in last trading session and was closed at $26.18 while trading in range of $25.48 – $26.28 – Micron Technology, Inc. (NASDAQ:MU) year to date (YTD) performance is 20.37%.
SiriusXM Holdings Inc. (NASDAQ:SIRI) announced the launch of OurTime with Matthew Segal, a new six-week series produced by and for Millennial listeners on SiriusXM P.O.T.U.S., the 24/7 non-partisan channel dedicated to the Politics of the United States. Each episode will be organized by theme and dedicated to a non-partisan discussion that offers a fresh, in-depth dialogue of issues faced by the nation today, including health care, the budget, education, LGBT equality, and voting rights. Sirius XM Holdings Inc. (NASDAQ:SIRI) weekly performance is 2.88%. On last trading day company shares ended up $3.22. Sirius XM Holdings Inc. (NASDAQ:SIRI) distance from 50-day simple moving average (SMA50) is -4.59%. Analysts mean target price for the company is $4.42.
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