Legal Uncertainty Weighs on BofA Shares

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MORTGAGE EXPERT
12 · 02 · 13

Bank of America Corp. shares are up 36 percent this year and have hit 52-week highs more than two dozen times — suggesting investors believe that Brian Moynihan, about to enter his fifth year as chief executive officer, is delivering on cost-cutting promises and cleaning up the bank’s legal issues, analysts say.

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