Bank of America Corp (NYSE:BAC) reported earnings Thursday morning that fell $2 billion short of consensus revenue expectations, and shareholders are paying for it. The stock was recently down 5 percent and nearly 15 percent in the first two weeks of 2015. On Friday shares of Bank of America Corporation (NYSE:BAC) closed at $15.38. Company’s sales growth for last 5 years was -8.50% and EPS growth for next 5 years is recorded as 8.00%.
Officials stated in a statement that QUALCOMM, Inc. (NASDAQ:QCOM) and Richard Branson’s Virgin Group will invest in a venture to make and fly a collection of 648 satellites that can deliver high-speed, international Internet access. QUALCOMM, Inc. (NASDAQ:QCOM) in last trading activity moved down -0.13% to close at $71.29. Company weekly performance is -4.21% while its quarterly performance stands at 0.79%. QUALCOMM, Inc. (NASDAQ:QCOM) is -12.04% away from its 52 week high.
Johnson & Johnson (NYSE: JNJ) announced the formation of consortia with leading global research institutions and non-government organizations to work in conjunction with Janssen Pharmaceutical Companies to accelerate the development of its Ebola vaccine regimen. On Friday shares of Johnson & Johnson (NYSE:JNJ) closed at $104.04. Company’s sales growth for last 5 years was 2.30% and EPS growth for next 5 years is recorded as 6.17%.
International Business Machines Corporation (NYSE:IBM) has announced that a team of students from the University of Texas at Austin has won first place in the company’s Watson University Competition. The competition was held as part of IBM’s cognitive computing academic initiative to strengthen students’ skills and prepare them for in-demand jobs. On Friday shares of International Business Machines Corporation (NYSE:IBM) closed at $157.14. Company’s sales growth for last 5 years was -0.80% and EPS growth for next 5 years is recorded as 5.93%.
La-Z-Boy Incorporated (NYSE:LZB) has named Barbara Runyon as chief human resources officer. She will join the company Feb. 2 and will report to Kurt Darrow, chairman, president and CEO. She joins the company from Pepsi Co/The Pepsi Bottling Group where she worked for 14 years in various human resources roles. Most recently, she was senior director of human resources for the company’s Midwest division. On last trading day La-Z-Boy Incorporated (NYSE:LZB) advanced 1.89% to close at $27.01. Its volatility for the week is 3.51% while volatility for the month is 2.62%. LZB’s sales growth for past 5 years was 2.00% and its EPS growth for past 5 years was 19.70%. La-Z-Boy Incorporated (NYSE:LZB) monthly performance is 7.65%.