Bank of America Earnings, HP Enterprise Gains, Albertsons Shares Slides
On this episode of Stock Movers:- Bank of America (BAC) gains as traders posted a record quarter. The bank reaped the benefits of volatile markets, and net interest income topped analysts’ estimates. Revenue from equity trading rose 17% to $2.18 billion in the first three months of the year, the company said in a statement Tuesday. That helped Bank of America beat analysts’ estimates for per-share earnings. Trading of fixed income, currencies and commodities came in close to expectations, bringing in $3.46 billion.- Hewlett Packard Enterprise (HPE) is up on Bloomberg's reporting…
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