Friday, December 9, 2011

Bank of America Corporation (NYSE:BAC) Shows Off New Money Network

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tdp2664 E money daily Bank of America Corporation (NYSE:BAC) Merchant Services has launched a new Money Network® Solution. Bank of America Corporation (NYSE:BAC) Shows Off New Money Network Bank of America Corporation (NYSE:BAC) Merchant Services have announced the launch of the Money Network® Payroll Distribution Service. The service, sponsored by Bank of America Corporation (NYSE:BAC), reduces payroll fees and promotes safe bank services. Tom Bell, chief executive officer, Bank of America Corporation (NYSE:BAC) Merchant Services, said that, "Employee acceptance and enthusiasm are necessary before employers can realize the benefits of a completely electronic payroll distribution. The Bank of America Corporation (NYSE:BAC)-branded Money Network® Paycard and the Money Network™ Check enable employers to introduce a payroll distribution program with immediate appeal and recognition for all of their employees". Bank of America Corp. (NYSE:BAC) shares were at 5.59 at the end of the last day’s trading. There’s been a -22.4% movement in the stock price over the past 3 months. Bank of America Corp. (NYSE:BAC) Analyst Advice Consensus Opinion: Hold Mean recommendation: 2.25 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 2.33 Zack’s Rank: 4 out of 15 in the industry



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