NEW YORK (
) -- U.S. stocks were falling midday Thursday as initial jobless claims came in
Dow Jones Industrial Average
fell 75.72 points to 13,050.49. Leading the Dow lower were
Bank of America
Shares of Walt Disney fell 2.55% to $42.40.
is working on creating a rival to Disney's
, says a report.
gives Walt Disney an A+ grade with a buy rating and a
Bank of America shares lost 2.77% to $9.48. The bank's CEO, Brian Moynihan, saw his pay in both cash and stock increase
Bank of America gets a
and a hold rating from
Shares of American Express fell 2.59% to $57.53. The credit card company was
by Wells Fargo analysts Thursday to market perform from outperform.
gives American Express an A+ grade with a buy rating and a
The biggest gainers in the index midday Thursday were
, each with gains of less than 1%.
-- Written by Alexandra Zendrian
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