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Friday 16 October 2015
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Hottest Stocks Evaluation Reports: Facebook, Inc. (NASDAQ:FB), American Airlines Group (NASDAQ:AAL), Bank of America Corporation (NYSE:BAC)

During Tuesday’s Afternoon trade, Shares of Facebook, Inc. (NASDAQ:FB), are flat to $94.24.

Facebook, said that it is trying out new video features in an effort to facilitate users’ experience.

Since about 4 billion videos are watched each day, Facebook wants to build a separate video section within the app where people can solely watch video, like they can on Alphabet (GOOGL)-owned YouTube.

Related to this feature, Facebook is also giving users the opportunity to “save” videos to watch later.

In addition to the dedicated tab, Facebook is also testing a bunch of other video features. One of these is Suggested Videos, a YouTube-like way of surfacing videos that you might find interesting based on what you’re presently watching.

Ad revenue generated from this feature will be divided between the publisher and the company, Facebook noted.

Facebook, Inc. operates as a social networking company worldwide. It provides a set of development tools and application programming interfaces that enable developers to integrate with Facebook to create mobile and Web applications.

Shares of American Airlines Group Inc. (NASDAQ:AAL), declined -0.55% to $43.60, during its current trading session, after analysts at Evercore ISI downgraded the carrier to “hold” from “buy.”

The firm cited higher 2016 fuel costs for the ratings drop, CNBC.com reports.

Additionally, the stock is seeing fare competition from low cost carriers.

American Airlines Group Inc., through its auxiliaries, operates in the airline industry. As of December 31, 2014, the company operated 983 mainline jets, in addition to 566 regional aircrafts through regional airline auxiliaries and third-party regional carriers.

Finally, Bank of America Corporation (NYSE:BAC), lost -0.35%, and is now trading at $15.46.

A new Bank of America/USA TODAY Better Money Habits Millennial Report released recently finds that while 84 percent of millennials are confident in their ability to manage their finances, 41 percent are “chronically stressed” about money. Furthermore, money stress tends to permeate all areas of their lives:

  • Sixty-five percent report that anxiety about money affects their emotional well-being.
  • Nearly half (49 percent) say it affects their personal relationships.
  • More than half (55 percent) say their leisure activities/interests are influenced.
  • Money stress also affects physical health (42 percent) and work performance (22 percent).

 

Only one-third (34 percent) of millennials feel “content” about their finances, while many are “anxious” (27 percent) and “overwhelmed” (22 percent). Still, despite these negative emotions, millennials haven’t necessarily lost confidence in their ability to manage money and say they feel confident because they know how to budget and manage their finances, have good spending habits and have savings.

Financial fitness seems to be a priority for this generation, even as much as physical fitness. Millennials spend the same amount of time tending to personal finance as they do working out: Roughly two in five spend an average of three hours per week both exercising and working on their finances. However, they aren’t equally satisfied with the payoff: Many more report being satisfied with their physical fitness than with their financial fitness (61 percent vs. 40 percent).

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. Its Consumer and Business Banking segment offers a range of deposits and consumer lending services. The company’s deposit offerings comprise consumer deposits and business banking.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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