Bank of America NewsBite
Posted on July 06, 2007 at 06:10 AM EDT
Bank of America Corporation (BAC) opened at 49.31. So far today the stock has hit a low of 49.01 and a high of 49.37. BAC is currently trading at 49.11, down 0.26 (-0.53%). After hitting a one year high of 55.08 in November, the stock has been mostly flat around 50 over the past six months. A Milan judge has ordered Bank of America to stand trial for alleged market-rigging by some of its employees in connection with Italian dairy firm Parmalat's collapse. According to Bank of America, four other banks are also going to trial over the issue, and the company maintains that the charges are “completely unfounded.” Recent technical ind...
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