Stocks in the news: Bank of America, Walt Disney, Marsh & McLennan

The following post rounds up the companies making headlines today:

Bank of America (BAC) -- reports suggest that the big bank will be asked to raise $34 billion in new capital. The bank can sell some assets or convert some preferred shares, but could also get special treatment from the government as it helped clean up the mess of Merrill and mortgage lender Countrywide Financial Corp. Already BAC shares declined over 9 percent in early pre-market trade, but then rebounded and last trade as of 8:50 was 4 percent higher.

Citigroup (C) and Wells Fargo (WFC) are also widely believed to face shortfalls in the stress test. Both banks' shares climbed over 4 percent before the bell.


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