U.S. Markets Rise as Bank of America Reports Strong Quarter

U.S. markets are on up as morning as Bank of America’s profit surged. The company posted earnings of $0.29 versus estimates of $0.26 and revenue of $22.3 billion vs $21.1 billion estimated. Tesla is rising further after a strong Model S report yesterday. 3D names like 3D Systems are falling after peer ExOne reported disappointing numbers. Burberry is trading up after strong retail sales growth and Apple is in focus as CEO Tim Cook held a press conference in China for the company’s new agreement with China Mobile. General Motors is rising after announcing its $1.20 per share annual dividend.

Subscribe to TheStreetTV on YouTube:

For more content from TheStreet visit:
Check out all our videos:
Follow TheStreet on Twitter:
Like TheStreet on Facebook:
Follow TheStreet on LinkedIn:
Follow TheStreet on Google+:

Leave a Reply

Your email address will not be published. Required fields are marked *