Bank of America Trading Near 52-Week High on Settlement with Federal Housing Finance Agency

Bank of America (NYSE:BAC) is trading higher after-hours after reporting that it has reached a settlement with the Federal Housing Finance Agency (FHFA) resolving four lawsuits FHFA filed against Bank of America, Countrywide, and Merrill Lynch entities beginning in September 2011, alleging they falsely represented that the underlying mortgage loans complied with certain standards. Per the agreement, Bank of America (BAC) will make cash payments … Continue reading Bank of America Trading Near 52-Week High on Settlement with Federal Housing Finance Agency

Financial Sector Active Runners: Bank of America Corporation (NYSE:BAC), Citigroup, Inc. (NYSE:C), Bank of New York Mellon (NYSE:BK), JPMorgan Chase (NYSE:JPM)

Overall, mortgage interest rates remained unchanged today, although at some lenders rates slightly improved following the improvements in bond markets during the day. At Charlotte-based major mortgage provider, Bank of America Corporation (NYSE:BAC), interest rates haven’t seen any changes today, according to our observations. Annual percentage rates, on the other hand, look mixed this Tuesday. Bank of America Corporation (NYSE:BAC) stock performance was -0.92% in … Continue reading Financial Sector Active Runners: Bank of America Corporation (NYSE:BAC), Citigroup, Inc. (NYSE:C), Bank of New York Mellon (NYSE:BK), JPMorgan Chase (NYSE:JPM)

NYSE most active: Bank of America (NYSE:BAC), Pfizer Inc. (NYSE:PFE), Verizon Communications (NYSE:VZ), Petroleo Brasileiro Petrobras (NYSE:PBR)

Atlantic Equities downgrades shares of Bank of America (NYSE:BAC) from Overweight to Neutral and lowered the price target from $20 to $18.50 Bank of America Corp (NYSE:BAC) stock performance was -1.08% in last session and finished the day at $17.37. Traded volume was 118,100,416 million shares in the last session and the average volume of the stock remained 109.13 million shares. The beta of the … Continue reading NYSE most active: Bank of America (NYSE:BAC), Pfizer Inc. (NYSE:PFE), Verizon Communications (NYSE:VZ), Petroleo Brasileiro Petrobras (NYSE:PBR)

Investor’s Watch List: Symantec Corporation (NASDAQ:SYMC), NetApp (NASDAQ:NTAP), General Motors Company (NYSE:GM), Bank of America (NYSE:BAC)

Shares of Symantec Corporation (NASDAQ: SYMC), the computer security company announced it had fired its chief executive officer, president, and former board member Steve Bennett, after less than 18 months on the job. Symantec Corporation (NASDAQ:SYMC) stock performance was 4.89% in last session and finished the day at $19.09. Traded volume was 22.65million shares in the last session and the average volume of the stock … Continue reading Investor’s Watch List: Symantec Corporation (NASDAQ:SYMC), NetApp (NASDAQ:NTAP), General Motors Company (NYSE:GM), Bank of America (NYSE:BAC)

Financial Sector Most Active: Bank of America (NYSE:BAC), JPMorgan Chase & Co. (NYSE:JPM), Wells Fargo (NYSE:WFC), Regions Financial (NYSE:RF)

Bank of America (NYSE:BAC) was downgraded by Atlantic Securities from an “overweight” rating to a “neutral” rating in a research note issued on Monday, TheFlyOnTheWall.com reports. Bank of America Corp (NYSE:BAC) stock performance was -1.08% in last session and finished the day at $17.37. Traded volume was 118,100,416 million shares in the last session and the average volume of the stock remained 109.13 million shares. … Continue reading Financial Sector Most Active: Bank of America (NYSE:BAC), JPMorgan Chase & Co. (NYSE:JPM), Wells Fargo (NYSE:WFC), Regions Financial (NYSE:RF)

Financial Sector Active Stocks: Bank of America (NYSE:BAC), Citigroup Inc (NYSE:C), Morgan Stanley (NYSE:MS), Wells Fargo (NYSE:WFC)

Shares of Bank of America (NYSE:BAC) were trading mostly in the red throughout Friday’s market session, after the results of the Federal Reserve-administered stress tests came back. Bank of America Corp (NYSE:BAC) stock performance was -2.01% in last session and finished the day at $17.56. Traded volume was 156.03million shares in the last session and the average volume of the stock remained million shares. The … Continue reading Financial Sector Active Stocks: Bank of America (NYSE:BAC), Citigroup Inc (NYSE:C), Morgan Stanley (NYSE:MS), Wells Fargo (NYSE:WFC)