Story Stocks: Bank of America (NYSE:BAC), FedEx (NYSE:FDX), Boeing (NYSE:BA)

Bank of America (NYSE:BAC) is now under attack from within to bring in costs, drive profitability, and to scrap what needs to be scrapped. A local news report out of Charlotte, North Carolina, which we might discount except for the fact that this is BofA’s headquarter city, is outlining the coming changes at BofA.  The split into two units is the move to a commercial bank and to a consumer bank is underway.  We have no word about any formal break-up as this is still a part of the reorganization efforts underway.  Earlier this week the management shakeup signaled the coming changes. WCNC shows that as many as 600 branches will be closed.  Bank of America had signaled that . . . → Read More: Story Stocks: Bank of America (NYSE:BAC), FedEx (NYSE:FDX), Boeing (NYSE:BA)