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Tuesday 28 July 2015
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Active Stocks News Recap: Bank of America Corporation (NYSE:BAC), JD.com, Inc. (NASDAQ:JD), Suncor Energy Inc. (NYSE:SU)

On Friday, Shares of Bank of America Corporation (NYSE:BAC), lost -1.54% to $17.90.

Bank of America Corporation, declared the Board of Directors declared a regular quarterly cash dividend on Bank of America common stock of $0.05 per share, payable September 25 to shareholders of record as of September 4.

The board also declared a regular quarterly cash dividend of $1.75 per share on the 7 percent Cumulative Redeemable Preferred Stock, Series B. The dividend is payable October 23 to shareholders of record as of October 9.

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 JD.com, Inc. (NASDAQ:JD), declined -0.17% to $34.64, during its last trading session.

JD.com, declared that it plans to release its unaudited second quarter 2015 financial results on Friday, August 7, 2015, before the market opens.

JD.com’s administration will hold a conference call at 7:30 am, Eastern Time on August 7, 2015, (7:30 pm, Beijing/Hong Kong Time on August 7, 2015) to talk about the second quarter 2015 financial results.

JD.com, Inc., through its auxiliaries, operates as an online direct sales company in the People’s Republic of China. It primarily offers electronics and home appliances products; and general merchandise products, counting audio and video products, and books.

Finally, Suncor Energy Inc. (NYSE:SU), ended its last trade with -1.59% loss, and closed at $25.36, hitting its lowest level.

Suncor Energy together with its partners in the project, declared the first radio frequency pilot for oil recovery within an in situ reservoir. The technology, Improved Solvent Extraction Incorporating Electromagnetic Heating (ESEIEH, pronounced “easy”), uses radio frequency to heat the reservoir and adds a solvent which facilitates the movement of the bitumen to the surface.

The ESEIEH project partners are Devon, Nexen Energy ULC, Suncor, Harris Corporation, with funding in part from the Climate Change and Emissions Administration Corporation (CCEMC). The technology will be tested at Suncor’s Dover test site, north of Fort McMurray, Alta.

The group has been collaborating on this technology since 2011 with initial physical testing of the technology in 2012 at Suncor’s Steepbank mine facility. Testing will now start at an in situ reservoir for about 24 months.

ESEIEH has the potential to eliminate the need for water at in situ operations by applying Harris’ patent pending antenna technology to heat the oil sands electrically with radio waves.

Suncor Energy Inc. operates as an integrated energy company. The company primarily focuses on developing petroleum resource basins in Canada’s Athabasca oil sands; explores, acquires, develops, produces, and markets crude oil and natural gas in Canada and internationally; transports and refines crude oil; markets petroleum and petrochemical products primarily in Canada; and markets third party petroleum products.

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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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