Miami, FL -- (SBWire) -- 01/15/2014 --Pennystocksites.com a leading online financial newsletter source, Reports on the following Companies: Alcoa Inc. (NYSE:AA), Alcatel Lucent Soci (NYSE:ALU), J. C. Penney Company, Inc. (NYSE:JCP) and Bank of America Corporation (NYSE:BAC).
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Alcoa Inc. (NYSE:AA), Alcoa Inc. engages in the production and management of primary aluminum, fabricated aluminum, and alumina. The company operates in four segments: Alumina, Primary Metals, Global Rolled Products, and Engineered Products and Solutions. The Alumina segment engages in mining of bauxite, which is then refined into alumina. The Primary Metals segment produces aluminum. The Global Rolled Products segment engages in the production and sale of aluminum plate, sheet, and foil. The Engineered Products and Solutions segment produces and sells titanium, aluminum, and super alloy investment castings, forgings and fasteners, aluminum wheels, integrated aluminum structural systems, and architectural extrusions, as well as hard alloy extrusions. Its products are used in aircraft, automobiles, commercial transportation, packaging, building and construction, oil and gas, defense, consumer electronics, and industrial applications. The company has operations primarily in the United States, Australia, Spain, Brazil, the Netherlands, Norway, France, the Russian Federation, Hungary, Italy, the United Kingdom, China, and Germany. Alcoa Inc. was founded in 1888 and is based in New York, New York.
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Alcatel Lucent Soci (NYSE:ALU), Alcatel Lucent Société Anonyme provides Internet protocol (IP) and cloud networking, and ultra-broadband fixed and wireless access to service providers and their customers, enterprises, and institutions worldwide. It operates through three segments: Core Networking, Access, and Other. The Core Networking segment provides service routers and switches designed to support IP-based applications and services; and terrestrial optical products, which enable carriers to manage voice, data, and video traffic patterns based on various applications or platforms. It also develops, manufactures, installs, and maintains undersea telecommunications cable networks; and provides microwave radio products, as well as offers network build and implementation IP, platforms, and platforms professional services. The Access segment offers wireless products and services that enable mobile network operators to offer mobile data capacity; cable, antenna, tower systems, and their related electronic components; and fixed access products, which allow service providers to offer high speed broadband connectivity over copper and fiber connections. It also provides wireless and fixed network build and implementation, multivendor maintenance, licensing, and managed services. The Other segment offers communications and network solutions for businesses of various sizes to deliver collaborative conversations. This segment also serves communications needs of government agencies through building converged voice and network infrastructure for various governmental authorities. Alcatel Lucent Société Anonyme serves various industries, including power utilities, oil and gas, defense, public safety, state and local government, highways, and railways. The company was formerly known as Alcatel, S.A. and changed its name to Alcatel Lucent Société Anonyme in November 2006. The company was founded in 1898 and is headquartered in Paris, France.
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J. C. Penney Company, Inc. (NYSE:JCP), J. C. Penney Company, Inc., through its subsidiary, J. C. Penney Corporation, Inc., operates department stores. The company sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products, and home furnishings. It also provides various services, such as styling salon, optical, portrait photography, and custom decorating. As of February 2, 2013, it operated 1,104 department stores in 49 states and Puerto Rico. The company also sells its products through its Internet Website, jcp.com. The company was founded in 1902 and is based in Plano, Texas.
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Bank of America Corporation (NYSE:BAC), Bank of America Corporation, through its subsidiaries, provides various banking and financial products and services for individual consumers, small and middle market businesses, institutional investors, corporations, and governments in the United States and internationally. The company’s Consumer & Business Banking segment offers traditional and money market savings accounts, CDs and IRAs, checking accounts, and investment accounts and products, as well as credit and debit cards; and lending related products and services, working capital management, and treasury solutions. This segment provides its products and services through operating 5,500 banking centers, 16,300 ATMs, call centers, and online and mobile banking platforms. Its Consumer Real Estate Services segment offers consumer real estate products comprising fixed and adjustable-rate first-lien mortgage loans for home purchase and refinancing needs, home equity lines of credit, and home equity loans. The company’s Global Banking segment provides various commercial loans, leases, commitment facilities, trade finance, real estate and asset-based loans, and consumer loans; treasury management, foreign exchange, and short-term investing options; and debt and equity underwriting and distribution, and merger-related and other advisory services. Its Global Markets segment offers sales and trading services for securities and derivative products in primary and secondary markets; market-making, financing, securities clearing, settlement, and custody services to institutional investor clients; and risk management products. The company’s Global Wealth & Investment Management segment provides investment and brokerage, estate and financial planning, fiduciary portfolio management, cash and liability management, and specialty asset management services; and retirement and benefit plan, philanthropic management, and asset management services. The company was founded in 1874 and is based in Charlotte, North Carolina.
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Alcoa Inc., Alcatel Lucent Soci, J. C. Penney Company, Inc. and Bank of America Corporation Featured from Pennystocksites.com on January 15th, 2014