BAC shares outlook december 22 2011

BAC shares outlook december 22 2011 : Bank of America (NYSE:BAC) like the other financials is benefiting from decreased concerns over the European debt and its proposed solutions. Bank of America set a new 52 week low by trading below the $5 mark actually on its lowest price point since 2009.

Yesterday, it was reported that Bank of America reached a $335 million settlement with the Department to resolve allegations that its Countrywide unit engaged in discriminatory lending practices before it was purchased by BofA. For the latest updates on the stock market, visit Stock Market Today For the latest updates PRESS CTR + D or visit Stock Market news Today

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