Bank of America Defies Headlines (BAC)

Posted in pre-market 
August 6th, 2009

Bank of America Corporation (NYSE: BAC) is actually up despite the notion that it  may have a shadow over it after recent gains.  A judge has held off on approving the recent SEC settlement saying that it may be too low of a penalty with too soft of a punishment for what may have been much more serious of an issue.  We show shares up by over 2% at $17.02 on 2.2 million shares as of 8:28 AM EST. -JON OGG

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