In the shareholder letter, published this weekend, Buffett noted that the Bank of America Corp (NYSE:BAC) common stock warrants that Berkshire holds are basically an overlooked — and valuable — asset for the Omaha-based holding company. “Bank of America is, in effect, our fifth-largest equity investment and one we value highly,” Buffett wrote. Bank of America Corp (NYSE:BAC) stock performance was -1.39% in last session and finished the day at $16.30. Traded volume was 88.02 million shares in the last session and the average volume of the stock remained 112.60 million shares. The beta of the stock remained 2.44. Bank of America Corp (NYSE:BAC) insider ownership is 0.03%.
Citigroup Inc. (NYSE:C) has received subpoenas from the Federal Deposit Insurance Corp. and the U.S. attorney’s office for Massachusetts after the company’s disclosure of alleged fraud in its Mexican unit, the firm disclosed in an annual regulatory filings in Monday. Citigroup Inc. (NYSE:C) dropped -2.10% to $47.61 yesterday on volume of 28.75 million shares. The intra-day range of the stock was $47.55 – $48.25. Citigroup Inc. (NYSE:C) has a market capitalization of 144.16 billion.
A Miami judge has granted final approval to a $300 million settlement between JPMorgan Chase & Co. (NYSE:JPM) and homeowners who said they were ripped off by the bank when it bought property insurance policies for them. JPMorgan Chase & Co. (NYSE:JPM)’s stock on March 03, 2014 reported a lower of -1.07% to the closing price of $56.21. Its fifty two weeks range is $46.05 – $59.82. The total market capitalization recorded 211.39 billion. The overall volume in the last trading session was 19.15 million shares. In its share capital, JPMorgan Chase & Co. (NYSE:JPM) has 3.76 billion outstanding shares.
HSBC Holdings plc (ADR) (NYSE:HSBC) announced on 21 Feb, 2014 that its board of directors declared the regular quarterly cash dividend on the company’s Series B preferred stock of $0.3975 per depositary share payable March 14, 2014, to shareholders of record on March 3, 2014. On Monday, shares of HSBC Holdings plc (ADR) (NYSE:HSBC) dropped -1.04% to close the day at $52.24. Company return on investment (ROI) is 6.00% and its monthly performance is recorded as -0.06%. HSBC Holdings plc (ADR) (NYSE:HSBC) quarterly revenue growth is -6.70%.