Tag: BAC

Finance

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

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)

Kristen Barton
Finance

NYSE Runners: Citigroup Inc (NYSE:C), Ford Motor Company (NYSE:F), Alcoa Inc (NYSE:AA), Bank of America Corp (NYSE:BAC)

Citigroup Inc. (NYSE:C) took many downgrades this past week, based on its denial by the Federal Reserve to raise its dividend and stock buyback plan. A 0.1% yield just isn’t going to cut it, and we pointed out that the CEO handled this atrociously in the lack of communication. Citigroup Inc (NYSE:C) stock performance was -0.42% in last session and finished the day at $47.25. … Continue reading NYSE Runners: Citigroup Inc (NYSE:C), Ford Motor Company (NYSE:F), Alcoa Inc (NYSE:AA), Bank of America Corp (NYSE:BAC)

Colin Pettis
Finance

Financial Sector Most Active: Bank of America (NYSE:BAC), Citigroup Inc (NYSE:C), Wells Fargo & Co (NYSE:WFC), KeyCorp (NYSE:KEY)

Today a  number of U.S. lenders, including Bank of America Corporation (NYSE:BAC), Chase (NYSE:JPM), Citi Mortgage (NYSE:C) amongst others, lowered mortgage rates on some of their home purchase and refinance loans. Bank of America Corp (NYSE:BAC) stock performance was -0.17% in last session and finished the day at $17.18. Traded volume was 97.57million shares in the last session and the average volume of the stock … Continue reading Financial Sector Most Active: Bank of America (NYSE:BAC), Citigroup Inc (NYSE:C), Wells Fargo & Co (NYSE:WFC), KeyCorp (NYSE:KEY)

Kristen Barton
Stock Movers

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

Chris Lewis
Finance

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)

Kristen Barton
Finance

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)

Kristen Barton