Bank of America Corp (NYSE:BAC)will announce on Monday it will lower the threshold for consumers who qualify for discounts on loans and other benefits as the No. 2 U.S. bank seeks to win more business from existing customers. Bank of America Corp (NYSE:BAC) net profit margin is 15.70% and weekly performance is 2.42%. On last trading day company shares ended up $15.64. Analysts mean target price for the company is $17.19. Bank of America Corp (NYSE:BAC) distance from 50-day simple moving average is 1.91%.
On June 12, 2014 Ford Motor Company (NYSE:F) announced it is lowering the fuel economy ratings for its 2013- and 2014-model year hybrid and plug-in hybrid vehicles, as well as most 2014-model year Fiestas. Ford Motor Company (NYSE:F) shares advanced 1.26% in last trading session and ended the day on $16.88. F Gross Margin is 12.20% and its return on assets is 3.20%. Ford Motor Company (NYSE:F) quarterly performance is 10.54%.
Rite Aid President and Chief Operating Officer Ken Martindale will officially mark the grand re-opening of the Company’s Beverly Hills store, located at 300 North Canon Drive, with a ribbon-cutting ceremony today at 11 a.m. The store recently completed a major remodel and now features the latest evolution of the Company’s highly successful wellness store design. Beverly Hills Mayor Lili Bosse and local community partners will join Martindale and Rite Aid associates at the ribbon-cutting.Rite Aid Corporation (NYSE:RAD) shares moved down -0.84% in last trading session and was closed at $7.08, while trading in range of $7.02-$7.18. Rite Aid Corporation (NYSE:RAD) year to date performance is 39.92%.
Vale SA (NASDAQ:VALE) was downgraded by research analysts at Itau BBA Securities to a “market perform” rating in a report released on Friday. Vale SA (ADR) (NYSE:VALE) ended the last trading day at $13.16. Company weekly volatility is calculated as 1.64% and price to cash ratio as 9.47. Vale SA (ADR) (NYSE:VALE) showed a positive weekly performance of 3.38%.
Regions Financial Corp (NYSE:RF)‘s stock had its “neutral” rating reaffirmed by Zacks in a research note issued to investors on Thursday. They currently have a $11.00 price target on the stock. Zacks‘s price objective points to a potential upside of 3.68% from the company’s current price. Regions Financial Corp (NYSE:RF) net profit margin is 29.60% and weekly performance is 1.13%. On last trading day company shares ended up $10.71. Analysts mean target price for the company is $11.60. Regions Financial Corp (NYSE:RF) distance from 50-day simple moving average is 4.12%.