{"id":28961,"date":"2012-04-24T03:50:33","date_gmt":"2012-04-24T07:50:33","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=28961"},"modified":"2012-04-24T03:50:33","modified_gmt":"2012-04-24T07:50:33","slug":"bank-of-america-seeing-high-volume-before-earnings-release-and-news-on-lawsuit","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2012\/04\/24\/bank-of-america-seeing-high-volume-before-earnings-release-and-news-on-lawsuit\/","title":{"rendered":"Bank of America Seeing High Volume Before Earnings Release and News on Lawsuit"},"content":{"rendered":"<p><div id=\"grabDiv1767162\"><object id=\"GrabPlayer1767162\" width=\"542\" height=\"304\" type=\"application\/x-shockwave-flash\" align=\"middle\" data=\"http:\/\/player.grabnetworks.com\/swf\/GrabOSMFPlayer.swf?id=1767162&#038;content=v9929e9b7c20a9b96043e7b824be236cc287a9498&#038;tgt=grabnetworks\"><param name=\"quality\" value=\"high\"\/><param name=\"allowScriptAccess\" value=\"always\"\/><param name=\"allowFullScreen\" value=\"true\"\/><param name=\"menu\" value=\"false\"\/><param name=\"wmode\" value=\"transparent\"\/><param name=\"movie\" value=\"http:\/\/player.grabnetworks.com\/swf\/GrabOSMFPlayer.swf?id=1767162&#038;content=v9929e9b7c20a9b96043e7b824be236cc287a9498&#038;tgt=grabnetworks\"\/><\/object><\/p>\n<div id=\"overlay-adzone\" style=\"overflow:hidden; position:relative\"><\/div>\n<\/div>\n<p>Bank of America (NYSE:BAC) is seeing a high volume today on Wall Street, trading close to 1% higher with over 141 million shares actively moving on the floor.This is because of Bank of America&#8217;s earnings release scheduled for this Thursday April 19th. Analysts are expecting the bank to post an EPS of $0.12 with revenues of $22.51 billion.Bank of America is also topping the news today after Ambac Assurance announced they will be suing the bank in New York state court on a breach of contract over a mortgage-backed securitization. Ambac claimed fraudulent inducement and breach of contract in the suit and asked for unspecified punitive and compensatory damages.<\/p>\n<p><img src='http:\/\/cache.thenewsroom.com\/financial_news_network\/2012\/04\/24\/1_1dif961u_thumb.jpg' \/><\/p>\n<p><!--post_img[http:\/\/cache.thenewsroom.com\/financial_news_network\/2012\/04\/24\/1_1dif961u_preview.jpg]--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bank of America (NYSE:BAC) is seeing a high volume today on Wall Street, trading close to 1% higher with over 141 million shares actively moving on the floor.This is because of Bank of America&#8217;s earnings release scheduled for this Thursday April 19th. Analysts are expecting the bank to post an EPS of $0.12 with revenues &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2012\/04\/24\/bank-of-america-seeing-high-volume-before-earnings-release-and-news-on-lawsuit\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Bank of America Seeing High Volume Before Earnings Release and News on Lawsuit&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-28961","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/28961","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=28961"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/28961\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=28961"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=28961"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=28961"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}