Shares of Bank of America Corp (NYSE:BAC) ended Friday session in green amid volatile trading. The shares closed up +0.02 points or 0.13% at $16.00 with 100,675,315 shares getting traded. Post opening the session at $15.94, the shares hit an intraday low of $15.82 and an intraday high of $16.06 and the price vacillated in this range throughout the day. The company has a market cap of $163.48 billion and the numbers of outstanding shares have been calculated to be 10.20 billion shares.
Bank of America Corp (BAC) on July 21, 2016 announced a comprehensive redesign of its award-winning mobile app that includes easier navigation and the ability to set the language to Spanish, in addition to other features that make it easier for customers to control their finances from the palm of their hand.
“Our clients increasingly rely on their mobile devices to navigate daily life and manage their finances, and now we are excited to give our Spanish-speaking clients enhanced access to our mobile capabilities,” said Michelle Moore, head of Digital Banking. “We want to be where our customers are, which is why we are proud to deliver these new features that provide increased convenience to our 20 million active mobile users.”
The newest mobile enhancements include:
- Navigation Redesign
The latest redesign leverages the best of Android and iPhone app design, creating a more intuitive, seamless user experience. Both apps were customized for each platform and include navigation menus for quicker access to the most popular features.
- Spanish-language Functionality
Committed to serving the Spanish-speaking community, Bank of America now provides its customers the ability to select Spanish or English language to navigate the features of mobile banking within the app settings. If a customer’s online banking profile or device language setting is already set to Spanish, the app will prompt the user to confirm the default language they would like to use upon log in.
- Credit Card Rewards Redemption
One of the most requested functionalities being introduced is the ability to redeem rewards for BankAmericard Cash Rewards™ and BankAmericard Travel Rewards® credit cards. Customers can easily view their available rewards or travel purchase points and choose to redeem their desired amount through the app, making it simple to enjoy the rewards they have earned.
- FICO® Score Access
Expanding on the online banking resource announced earlier this year, Bank of America is now offering consumer credit card mobile users the ability to view their FICO® Score directly through their mobile banking app. Customers will be able to access information about key factors influencing their score and see how their score compares to national averages. The score will be updated based on the customer’s credit report data from TransUnion®. Customers also have access to Bank of America’s Better Money Habits®, which provides free educational tools about how to maintain healthy credit as well as additional educational resources.
Shares of Prospect Capital Corporation (NASDAQ:PSEC) ended Friday session in green amid volatile trading. The shares closed up +0.01 points or 0.12% at $8.51 with 1,685,578 shares getting traded. Post opening the session at $8.50, the shares hit an intraday low of $8.47 and an intraday high of $8.55 and the price vacillated in this range throughout the day. The company has a market cap of $3.05 billion and the numbers of outstanding shares have been calculated to be 357.72 million shares.
Prospect Capital Corporation (PSEC) on Aug. 29, 2016 announced financial results for our fiscal year and fourth fiscal quarter ended June 30, 2016.
For the year ended June 30, 2016, our net investment income (“NII”) was $371.1 million or $1.04 per weighted average share. For the year ended June 30, 2015, our NII was $362.7 million or $1.03 per weighted average share. NII year over year increased by $8.4 million on a dollars basis and increased by $0.01 on a per share basis. Fiscal year 2016 NII exceeded dividends by $0.04 per share.
For the year ended June 30, 2016, our distributable income was $379.9 million or $1.07 per weighted average share, exceeding dividends by $0.07 per share.
For the June 2016 quarter, our NII was $91.4 million or $0.26 per weighted average share. For the June 2015 quarter, our NII was $89.5 million or $0.25 per weighted average share. NII year over year increased by $1.9 million on a dollars basis and $0.01 on a per share basis.
For the June 2016 quarter, our distributable income was $96.6 million or $0.27 per weighted average share, exceeding dividends by $0.02 per share.