July 29, 2011 10:33 ET Daily Investment Stock Report Alerts: Bank of America Corp. (BAC), General Electric Co. (GE), Sirius XM Radio Inc. (SIRI), Yahoo Inc. (YHOO)

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Bank of America Merrill Lynch senior global equities executive Mike Stewart is leaving the bank, two months after it said a new co-head in the position would join the firm this summer, according to people familiar with the matter. HNA Group Co., the airline and hotel operator controlled by China's Hainan province, is in exclusive talks to buy the shipping-container lessor co-owned by General Electric Co., a person with knowledge of the matter said. According to, Sirius XM Radio is probably in a sweet spot that will bias the stock price towards upside keeping other factors constant. Yahoo Inc. and Alibaba Group reached an agreement in their dispute over the status of the latter's Alipay payments-service unit and the accord calls for Alipay to get the license it needs to continue operating, with Alibaba getting a stake in any potential initial public offering.

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