On Friday, Shares of Bank of America Corporation (NYSE:BAC), gained 0.84% to $18.10.
Bank of America Corporation, published the results of the 2015 Dodd-Frank Act Mid-Cycle Stress Test on the company’s Investor Relations website at http://investor.bankofamerica.com.
The results for Bank of America present certain projected financial measures for Bank of America Corporation under the hypothetical economic and market scenario and assumptions described in the filing. The results are not forecasts of actual financial results for Bank of America. Investors in securities issued by Bank of America should not rely on the Stress Test Results as being indicative of predictable future results.
Bank of America Corporation is a bank holding company. The company, through its auxiliaries, operates through Consumer and Business Banking; Consumer Real Estate Services; Global Wealth and Investment Administration; Global Banking; Global Markets; and Other segments.
Shares of Schlumberger Limited (NYSE:SLB), declined -0.21% to $83.71, during its last trading session.
The Board of Directors of Schlumberger Limited, declared a quarterly dividend of $0.50 per share of outstanding common stock. The dividend is payable on October 9, 2015 to stockholders of record at the close of business on September 2, 2015.
Schlumberger Limited supplies technology, integrated project administration, and information solutions to the oil and gas exploration and production industries worldwide. The company operates through Reservoir Characterization Group, Drilling Group, and Production Group segments.
Finally, T-Mobile US, Inc. (NYSE:TMUS), ended its last trade with -1.50% loss, and closed at $38.04.
T-Mobile US, will pay $17.5 million to settle a U.S. investigation of two 911 service outages last year, marking the largest such fine levied by the Federal Communications Commission, according to Reuters.
The FCC and T-Mobile settled the case following two separate but related outages in August 2014 that investigators said could have been avoided had the company “implemented appropriate safeguards,” according to a statement Friday.
The regulator also said it found T-Mobile, a unit of Deutsche Telekom AG, did not notify affected 911 call centers in a timely manner, as required by FCC rules.
T-Mobile US, Inc., together with its auxiliaries, provides mobile communications services in the United States, Puerto Rico, and the U.S. Virgin Islands. The company offers voice, messaging, and data services in the postpaid, prepaid, and wholesale markets.
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