Bank of America Hit With Foreclosure Lawsuit

Bank of America Corp. (BAC) is the subject of a lawsuit that accuses the bank of hiding foreclosure problems that contributed to a drop in its share price.

The suit, filed by a union benefit plan, says Bank of America concealed problems in its record…

BJ’s Wholesale Club Surges After Saying Company May Be Sold

Retailer BJ’s Wholesale Club (BJ) jumped in premarket trading after announcing that it is considering putting itself up for sale.

The stock jumped 13.35% to $48.74 a share at 8:12 am ET.

BJ’s has hired Morgan Stanley & Co. (MS) to advise on opt…