The DJIA, Bank of America Corporation (NYSE:BAC) and Resolution Limited (LON:RSL) aim higher

Bank of America is catching a bullish trend

In brief: Resolution Limited (LON: RSL) has finished the half-year with profits. Bank of America Corporation (NYSE: BAC) shares are rising.

Dow index gains 1.29% today. Bank of America Corporation (NYSE: BAC) continues to trade in the green zone. Bank of America shares crawled to the uptick of 13.31 points, gaining +0.12 (0.95%). At the same time, Resolution Limited (LON: RSL) rose to 254.30 points to +8.30 (3.37%).

British Resolution reported back on the operational profit of 203 million pounds ($ 318 million) in the first half-year, compared with a loss of 7 million pounds in 2009. Its net profit for the period amounts to £ 33 million. It should be reminded that in August, the company completed a share sale amounting to £ 2.1 billion to finance the acquisition of the British branch of Axa life insurance company.

Ukrainian Globalist
2010-08-17 16:56, Economics.

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