A new judge presiding over Bank of America Corp (NYSE:BAC) proposed $8.5 billion settlement with investors in soured mortgage securities on Tuesday postponed entering a final judgment in the case, raising the possibility of additional legal maneuvers. Justice Saliann Scarpulla of New York state court in Manhattan, who took over the case this week, agreed to delay the decision from taking effect until at least February 19, according to lawyers involved in the case. Bank of America Corp (NYSE:BAC) stock finished the last session at $16.35. The EPS of the stock remained 0.89. Company’s market capitalization is $173.18 billion.
Ford Motor Company (NYSE:F) Fund continues to drive home the importance of science, technology, engineering and mathematics (STEM) education through its ongoing support of the Michigan Science Center (MiSci) with substantial contributions. In late 2013, MiSci received $100,000 from the Fund, the second installment of Ford’s larger commitment to contribute a total of $400,000 to the museum over a three-year period. Ford Motor Company (NYSE:F) stock closed at $14.87 in last trading session. The 52 week range of the stock is $12.10 – $18.02.
Zacks restated their neutral rating on shares of EMC Corp. (NYSE:EMC) in a report released on Thursday, AR Network reports. Zacks currently has a $26.00 price objective on the stock. EMC Corporation (NYSE:EMC) stock opened at $23.84 in last trading session, and closed at $23.66, trading in the range of $23.47 – $23.87. The stock showed a negative weekly performance of -6.78%.
AT&T Inc. (NYSE:T) took a stand against Russia’s anti-gay law, joining athletes and activists who’ve condemned it, just before the start of the Sochi Olympic Games. The second-largest U.S. wireless carrier is supporting the Human Rights Campaign request to International Olympic Committee sponsors to protest Russia’s ban against homosexual “propaganda,” AT&T said in a blog post yesterday. The Dallas-based company isn’t a sponsor of the games. AT&T Inc. (NYSE:T) stock opened at $32.08 in last trading session, and closed at $32.45, trading in the range of $32.00 – $32.45. The stock showed a negative weekly performance of -3.71%.