Published January 15, 2014
Bank of America Sees Green and Other #Stocks2Watch
#Stocks2Watch: BAC, AAPL. ARO
Bank of America shares climbed on the back of a strong earnings report.
Bank of America [BAC]
Bank of America shares are shooting higher in the pre-market after the No. 2 U.S. bank revealed a beat on the top and bottom lines. In a sign of the strength of the recovery for the banking behemoth, profits nearly quintupled from the year prior.
Apple is getting a boost in pre-market action after CEO Tim Cook reportedly said iPhone sales in Greater China hit a record high in the tech company's fiscal first quarter. Apple recently struck a deal with China Mobile that gives it far broader reach in the world's No. 2 economy.
Aeropostale is surging 6% in pre-market trading on a report from Bloomberg News that the retailer has reached out to at least two private equity firms to discuss "strategic alternatives," including a potential sale.
Burberry shares zipped 4% higher in London trading after the luxury retailer posted strong holiday shares. There are a handful of ADRs American investors can play, including one under the symbol "BURBY."
General Motors [GM]
General Motors shares are dipping more than 1% in the pre-market after the automaker forecast a mild gain in 2014 earnings.