New York, NY -- (SBWIRE) -- 02/13/2013 -- - Bank of America Corporation (NYSE:BAC) stated confidence in a strong global economic outlook has consolidated while investors have indicated that they see support from current equity valuations after the recent rally.
According to the BofA Merrill Lynch Fund Manager Survey for February, investors have indicated that they continue to perceive value in equities in light of strong market performances of early 2013. A net 13 percent of global investors still say that equities are under-valued. Risk appetite has also remained steady month-on-month.
Bank of America is one of the world's largest financial institutions, serving individual consumers, small- and middle-market businesses and large corporations.
Find out more on BAC by getting the full trend analysis report here: http://www.wallstreetscoop.net/market-scan/?symbol=BAC
DryShips, Inc. (NASDAQ:DRYS) announced the upsizing of the previously announced public offering of Ocean Rig common shares by DryShips Inc. to 7,500,000 common shares and that the offering has priced with gross proceeds of approximately $126.4 million.
All net proceeds from the sale of the common shares will be received by DryShips as the selling shareholder. Following the completion of the offering, DryShips is expected to own approximately 59.4% of the Company's outstanding shares.
DryShips, Inc. owns drybulk carriers and tankers that operate worldwide. Through its subsidiary, Ocean Rig UDW Inc., the company owns and operates nine offshore ultra deepwater drilling units comprising two ultra deepwater semisubmersible drilling rigs and seven ultra deepwaterdrillships.
Find out more on DRYS here:
WallStreetScoop.net issues momentum alerts on stocks that can provide gains to day traders and short-term investors. WallStreetScoop.net provides members with timely information and exclusive alerts on under-valued stocks in the United States with the potential to deliver short-term gains.
WallStreetScoop.net monitors and scans the markets for stock related signals as well as any external factors that might bring trading opportunities. Through a vast network of IR professionals WallStreetScoop.net is often in the know of several large investor awareness campaigns being deployed.
Timing is everything when trading small cap stocks. Gain an Edge by joining the WallStreetScoop.net newsletter and receiving alerts from a Pro-Active team of researchers. Wall Street Scoop believes traders should have a chance at successfully trading Small stocks and invites traders and investors to be part of the free membership.
Simply sign up for free and start receiving exclusive alerts.
Subscribe Here: http://www.WallStreetScoop.net
WallStreetScoop.net is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Please visit WallStreetScoop.Net website, for complete risks and disclosures.
Investor Alley, its employees, officers, directors, shareholders and affiliates, hold no positions in the above-mentioned stocks.
For full disclaimer visit: http://www.wallstreetscoop.net/disclaimer/
Wall Street Scoop
Copyright © 2005-2014 - SBWire, The Small Business Newswire - All Rights Reserved - Important Disclaimer
Contact Us: 888-4-SBWIRE (US) - 920-593-5640 (International)