Detroit’s accord to end interest rate swap contracts with UBS AG and Bank of America Corp., cutting about $65 million from the termination amount, should be approved, a mediator told a judge. Shares of Bank of America Corp (NYSE:BAC) closed at $15.54 in last trading session. Yesterday share price of the company was traded in the range of $ 15.52 to $15.69. Company now has a market value of $166.02 billion. Bank of America Corp (NYSE:BAC) price to sales ratio in past twelve months was calculated as 3.01 and price to cash ratio as0.25

Ford Motor Co plans to launch eight Quick Lane service centres next year to expand customer service network in Malaysia. Ford Motor Company (NYSE:F) stock traded in the range of $15.25 – $15.42 and at the end of the day, it closed at $15.28. Average trading volume of the company is $330.00 M. Ford Motor Company (NYSE:F) return on equity ratio is recorded as 31.20% and its return on assets is 2.90%.

Thomson Reuters/Verus lowered shares of EMC Corp. (NYSE:EMC) from a buy rating to a hold rating in a report released on Monday, American Banking News reports. EMC Corporation (NYSE:EMC) after opening at $24.99, moved up 0.24% to $25.06 on last trading day. Company’s 52 week range is $21.45 – $27.34.

Consistently, one of the more popular stocks people enter into their stock options watchlist at Stock Options Channel is Alcoa Inc (NYSE:AA) So this week we highlight one interesting put contract, and one interesting call contract, from the January 2015 expiration for AA. Alcoa Inc (NYSE:AA) stock hit highest price at $10.53, beginning with a price of $ 10.68 and decreased/increased -1.50% to the close at $10.53 with day range of $10.51 – $10.77. The total market capitalization of the stock is $11.26 billion.