Several stories could have an impact on specific companies today.
The following stocks should see some movement: MetLife (NYSE:MLG), Bank of America Corp. (NYSE:BAC), IBM (NYSE:IBM).
Here is a more detailed look at stories affecting the firms’ stock prices.
MetLife (NYSE:MLG)
MetLife (NYSE:MLG) has planned to stop the sales of its long-term care.
According to the company, the “financial challenges” facing by the diligence has turned it to halt selling of insurance coverage for ‘nursing’ old people and other long-term care costs. But it assured to repute existing policies.
Meanwhile, other companies in the insurance area are also planning either to halt or looking for a rigid premium increase from insurance regulators throughout the country.
Bank of America Corp. (NYSE:BAC)
Bank of America Corporation (NYSE:BAC) Merrill Lynch’s contact centers has been recognized for excellence.
Call center operation of Bank of America Corporation (NYSE:BAC) Merrill Lynch’s Retirement Contact Centers has been awarded for customer satisfaction excellence by J.D. Power and Associates Call Center Certification Program for a seventh consecutive year.
Mark Alexander, head of Bank of America Corporation (NYSE:BAC) Global Wealth & Investment Management Technology & Operations said, “Our business revolves around the quality and consistency of client experiences across multiple communication channels, be they in-person, online, over the phone or via email. Participating in the J.D. Power call center certification program gives us an objective benchmark to measure how well we are serving our clients.”
IBM (NYSE:IBM)
L&T Infotech has announced a strategic partnership with IBM (NYSE:IBM) in the Business Process Management (BPM) space.
Leading global IT services provider L&T Infotech has announced a strategic partnership with IBM (NYSE:IBM) in the Business Process Management (BPM) space, using its WebSphere Lombardi Suite of products.
Pradeep Nair, Director – Software Group – IBM India/South Asia, said, “Business Process Management (BPM) software and services from IBM help organizations optimize business performance by discovering, documenting, automating, and continuously improving business processes to increase efficiency and reduce costs. We know that the combination of IBM Lombardi’s class-leading BPM technology and L&T Infotech’s depth of industry expertise will deliver superior value and most importantly, near-term return on investment, to our clients.”
Expect more movement as the stock markets continue for MetLife (NYSE:MLG), Bank of America Corp. (NYSE:BAC) and IBM (NYSE:IBM).
