Shares of Bank of America Corp (NYSE:BAC) ended Tuesday session in red amid volatile trading. The shares closed down -0.22 points or -1.38% at $15.78 with 96.54 million shares getting traded. Post opening the session at $16.05, the shares hit an intraday low of $15.70 and an intraday high of $16.06 and the price vacillated in this range throughout the day. The company has a market cap of $161.23 billion and the numbers of outstanding shares have been calculated to be 10.20 billion shares.
On September 06, 2016 Allegiant (ALGT) and Bank of America announced a new relationship to launch the Allegiant World MasterCard® issued by Bank of America. The new card is available effective immediately.
This is Allegiant’s first credit card program and it will allow cardholders to earn three points per dollar on Allegiant purchases, two points per dollar on qualifying dining purchases and one point per dollar on all other purchases. Points always keep their full value and can be redeemed at Allegiant.com for flights, hotel stays and car rentals.
“We at Allegiant are very proud to launch our first-ever co-branded credit card, the Allegiant World MasterCard® issued by Bank of America” said Brian Davis, Allegiant vice president of marketing. “Offering a credit card rewards our passengers and creates more opportunities for them to travel just by using their card for everyday purchases. It’s the most important customer-facing initiative we have undertaken in many years.”
Shares of Lloyds Banking Group PLC (ADR) (NYSE:LYG) ended Tuesday session in red amid volatile trading. The shares closed down -0.14 points or -4.23% at $3.17 with 4.81 million shares getting traded. Post opening the session at $3.22, the shares hit an intraday low of $3.16 and an intraday high of $3.23 and the price vacillated in this range throughout the day. The company has a market cap of $54.39 billion and the numbers of outstanding shares have been calculated to be 71.37 billion shares.
Lloyds Banking Group PLC (ADR) (LYG) provides banking and financial services to individual and business customers in the United Kingdom and internationally. The company operates through four segments: Retail, Commercial Banking, Consumer Finance, and Insurance. The Retail segment offers a range of financial service products, including current accounts, savings, personal loans, and mortgages to wealth and small business customers; and distributes insurance, protection and credit cards, and a range of long-term savings and investment products. The Commercial Banking segment provides lending, transactional banking, working capital management, risk management, and debt capital markets services, as well as private equity financing to various clients comprising small and medium-sized companies, mid-markets, corporates, and financial institutions.