Dow Heads Higher Again: Bank of America Corp (BAC), The Boeing Company (BA), Exxon Mobil Corporation (XOM)

On the other side of the coin, Exxon Mobil Corporation (NYSE:XOM) fell nearly 1% after evidence came out in a trial in New Hampshire that the oil giant knew it was using a chemical, MTBE, that could endanger the water supply. An Exxon Mobil Corporation (NYSE:XOM) executive insisted that his company had no alternative, as use of the chemical is required by the Clean Air Act. The state of New Hampshire is seeking damages of at least $245 million in the case.

Finally, after hours, shares of Pandora Media Inc (NYSE:P) were up 21% after the music streamer beat estimates, and said that its CEO, Joe Kennedy, would be leaving the company. Revenue of $125.1 million topped expectations of $122.8 million on strong growth in its mobile division, and its EPS loss of -$0.04 was a penny better than expected. Guidance was mostly better than expected. Kennedy’s decision seemed to be entirely his own, as he’s spent 10 years in the position, and he will stay on until the company finds a replacement.

The article Dow Heads Higher Again originally appeared on Fool.com and is written by Jeremy Bowman.

Fool contributor Jeremy Bowman has no position in any stocks mentioned. The Motley Fool owns shares of Bank of America.

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