According to the Bank of America Corp (NYSE:BAC), the central bank has bought $5 billion (including maturity of FX swaps with oil companies) since mid-March. India’s import cover, at 7.5-8 months, is well below the 10 months needed for INR stability which would justify further accumulation of reserves. Bank of America Corp (NYSE:BAC) stock performance was -2.03% in last session and finished the day at $16.38. Traded volume was 129.46million shares in the last session and the average volume of the stock remained 106.78million shares. The beta of the stock remained 1.86. Bank of America Corp (NYSE:BAC) insider ownership is 0.03%.

Rite Aid Corporation (NYSE:RAD) announced that David Abelman, a retail veteran with more than 25 years’ experience, is joining Rite Aid as senior vice president of brand development and innovation. His appointment is effective immediately. Rite Aid Corporation (NYSE:RAD) dropped -2.42 percent to $6.05 Monday on volume of 39.03million shares. The intra-day range of the stock was $5.83 to $6.29. Rite Aid Corporation (NYSE:RAD) has a market capitalization of $5.85billion.

Shares of Alcoa Inc (NYSE:AA) were the target of a large decline in short interest in January. As of March 14th, there was short interest totaling 86,871,675 shares, a decline of 32.0% from the February 28th total of 127,780,335 shares, StockRatingsNetworkreports. Alcoa Inc (NYSE:AA)’s stock on Apr 07, 2014 reported a decrease of -1.27% to the closing price of $12.47. Its fifty two weeks range is $7.63 -$13.18. The total market capitalization recorded $13.44billion. The overall volume in the last trading session was 30.42million shares. In its share capital, AA has 1.08billion outstanding shares.

Residents and business owners in Carbon Hill, Ala., got a surprise in letters from AT&T Inc. (NYSE:T) in February. The company said the town, where signs welcome visitors to “the city with a future,” could usher in one of the biggest technological changes since Alexander Graham Bell’s first telephone. On Monday, shares of AT&T Inc. (NYSE:T) dropped -0.17% to close the day at $35.49. Company return on investment (ROI) is 12.80% and its monthly performance is recorded as 9.07%. AT&T Inc. (NYSE:T) quarterly revenue growth is 2.87%.