Monday, May 18, 2009

Up or Down For BAC ?



BAC turned in a nice trading session today on the back of mixed news:

- Goldman Sachs Upgrades BAC Shares

http://blogs.wsj.com/marketbeat/2009/05/18/goldman-sachs-says-buy-bank-of-america/


- Temasek Sells Stake in BAC

http://www.nytimes.com/2009/05/15/business/15bank.html


- Fitch Downgrades Certain BAC Issues

http://www.fitchratings.com/corporate/events/press_releases_detail.cfm?pr_id=475816

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