Financial Sector Active Runners: Bank of America Corp (NYSE:BAC), Wells Fargo (NYSE:WFC), JPMorgan Chase (NYSE:JPM), National Bank of Greece (ADR) (NYSE:NBG)

Bank of America Corporation (NYSE:BAC) may be considered the poster child for stocks whose valuations are based on earnings and earnings growth. Bank of America Corporation (NYSE:BAC)’s has recovered from the financial crisis and will soon have greater flexibility to implement shareholder-friendly policies. Its dividend is expected to grow considerably over the next few years. Bank of America Corp (NYSE:BAC) stock performance was -2.51% in … Continue reading Financial Sector Active Runners: Bank of America Corp (NYSE:BAC), Wells Fargo (NYSE:WFC), JPMorgan Chase (NYSE:JPM), National Bank of Greece (ADR) (NYSE:NBG)

Financial Sector Active Runners: Citigroup Inc (NYSE:C), Bank of America Corp (NYSE:BAC), JPMorgan Chase (NYSE:JPM), Wells Fargo (NYSE:WFC)

Citigroup Inc (NYSE:C)’s Board of Directors announced the dividends on the leading global bank’s preferred stock. The bank has announced a Fixed Rate or Floating Rate of 8.4% on Non-Cumulative Preferred Stock of Series E which are payable on April 30, 2014, to record holders as on April 18, 2014. Citigroup Inc (NYSE:C) stock performance was 0.92% in last session and finished the day at … Continue reading Financial Sector Active Runners: Citigroup Inc (NYSE:C), Bank of America Corp (NYSE:BAC), JPMorgan Chase (NYSE:JPM), Wells Fargo (NYSE:WFC)

Bank of America Corp (NYSE:BAC)‘s stock had its “market perform” rating reiterated by equities research analysts at FBR Capital Markets in a research note issued to investors on Thursday. Bank of America Corp (NYSE:BAC) stock performance was 1.30% in last session and finished the day at $17.20. Traded volume was 62.12million shares in the last session and the average volume of the stock remained 109.80million … Continue reading Financial Sector Active Runners: Bank of America Corp (NYSE:BAC), Citigroup Inc (NYSE:C), JPMorgan (NYSE:JPM), Wells Fargo (NYSE:WFC)

Bank of America Corp. (NYSE:BAC) reached an accord in which it would pay $9.3 billion over claims that it had fraudulently sold defective mortgage bonds to government-sponsored mortgage buyers Fannie Mae and Freddie Mac. Bank of America Corp (NYSE:BAC) stock performance was -0.18% in last session and finished the day at $16.98. Traded volume was 79.91million shares in the last session and the average volume … Continue reading Financial Sector Active Stocks: Bank of America Corp (NYSE:BAC), Citigroup Inc (NYSE:C), Wells Fargo (NYSE:WFC), JPMorgan Chase (NYSE:JPM)

Analysts at Wells Fargo & Co. (NYSE:WFC) downgraded shares of Vanguard Natural Resources from an “outperform” rating to a “market perform” rating in a research note on Friday, February 28th. They noted that the move was a valuation call. Wells Fargo & Co (NYSE:WFC) stock performance was 1.24% in last session and finished the day at $49.10. Traded volume was 29.08million shares in the last … Continue reading Financial Sector Active Runners: Wells Fargo (NYSE:WFC), Regions Financial Corporation (NYSE:RF), JPMorgan Chase (NYSE:JPM), Citigroup Inc (NYSE:C)

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)