On Monday, Shares of Bank of America Corporation (NYSE:BAC), lost -0.12% to $16.34.
The two biggest U.S. public pension funds will oppose a Bank of America Corp. proposal that would allow Chief Executive Officer Brian Moynihan to retain the chairman title, according to Bloomberg.
The California Public Employees’ Retirement System and the California State Teachers’ Retirement System will vote against a projected bylaw change at a Sept. 22 special meeting, according to a letter Monday to Jack Bovender, the bank’s lead independent director. Bloomberg Reports
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 Chevron Corporation (NYSE:CVX), inclined 0.70% to $80.99, during its last trading session, as oil prices soared Monday, marking their strongest three-day rally since Iraq’s 1990 invasion of Kuwait, on doubts the global glut of crude would be as long-lasting as many investors and traders had earlier believed.
Wall Street sell-side analysts are expecting Chevron Corporation to report earnings of $0.9 for the current fiscal quarter. This is the consensus mean number based on the analysts polled by Zack’s Research. Most recently, the firm posted earnings per share of $0.3 for the period ending on 2015-06-30.
Chevron Corporation, through its auxiliaries, engages in the petroleum, chemicals, and power and energy operations worldwide. The company operates in two segments, Upstream and Downstream.
Finally, Navient Corporation (NASDAQ:NAVI), ended its last trade with -1.99% loss, and closed at $12.79.
Several teams will play softball for 24 successive hours this Labor Day weekend to assist raise money for local charities.
The Navient Foundation awarded a $2,500 grant to M.O.T. Community Fund, Inc., a local nonprofit serving the Middletown, Odessa and Townsend area. Navient Foundation is the philanthropic organization sponsored by Delaware-based employer Navient.
The grant will support the 18th annual M.O.T. Big Ball Marathon, a continuous 24-hour softball game event that assists raise money to assist individuals, families in need, charities and other organizations in the area. It has raised more than half a million dollars over the years for the expansion of the M.O.T. Senior Center, supplies to local schools, donations to local shelters and much more. The aim is to raise $60,000 this year.
The marathon, which starts on Friday, Sept. 4, 2015 at 6 p.m. at Silver Lake Park, 200 E. Cochran St., draws thousands of people from the community and surrounding areas that come show their support.
Navient Corporation provides financial products and services in the United States. The company operates in four segments: FFELP Loans, Private Education Loans, Business Services, and Other.
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