Financial Sector Active Stocks: Bank of America (NYSE:BAC), Wells Fargo (NYSE:WFC), Annaly Capital Management (NYSE:NLY), Gramercy Property, JPMorgan Chase (NYSE:JPM)

The City of Los Angeles has sued JPMorgan Chase & Co., accusing the largest U.S. bank of engaging in discriminatory mortgage lending practices that drove up foreclosures among minority borrowers. Los Angeles in December filed similar lawsuits against Bank of America Corp. (NYSE:BAC), Citigroup Inc. and Wells Fargo & Co., the next three largest U.S. banks. Wells Fargo on Wednesday lost its bid to dismiss … Continue reading Financial Sector Active Stocks: Bank of America (NYSE:BAC), Wells Fargo (NYSE:WFC), Annaly Capital Management (NYSE:NLY), Gramercy Property, JPMorgan Chase (NYSE:JPM)

Investor’s Alert: Barclays PLC (ADR) (NYSE:BCS), Credit Suisse Group (NYSE:CS), Citigroup Inc (NYSE:C), Bank of America Corp (NYSE:BAC)

Barclays Plc (ADR) (NYSE:BCS) has been fined 26 million pounds ($43.8 million) for failures in internal controls that allowed a trader to manipulate the setting of gold prices, just a day after the bank was fined for rigging Libor interest rates in 2012. Barclays PLC (ADR) (NYSE:BCS) stock performance was -0.37% in last session and finished the day at $16.37. Traded volume was 1.61million shares … Continue reading Investor’s Alert: Barclays PLC (ADR) (NYSE:BCS), Credit Suisse Group (NYSE:CS), Citigroup Inc (NYSE:C), Bank of America Corp (NYSE:BAC)

Google Inc. (NASDAQ:GOOG) has unveiled a prototype of its fully autonomous self-driving car that has none of the usual controls found in a conventional car. With no steering wheel, accelerator or brake pedals, users only have to push a button to operate the vehicle. Google Inc (NASDAQ:GOOGL) stock performance was 1.96% in last session and finished the day at $574.87. Traded volume was 470.00million shares … Continue reading Bullish Stocks: Google Inc (NASDAQ:GOOGL), Hillshire Brands Co (NYSE:HSH), Bank of America Corp (NYSE:BAC), General Motors Company (NYSE:GM)

With Repsol disposing of the final $190 million of bonds to JPMorgan Chase & Co. (NYSE:JPM) on May 23, the extra supply spurred the biggest rout in emerging markets as the nation’s dollar notes fell 3 percent last week. Debt due in 2024, which the country issued to pay Repsol, lost 1 cent to 88.14 cents, pushing up yields to 10.8 percent. JPMorgan Chase & … Continue reading Financial Sector ACtive Runners: JPMorgan Chase & Co. (NYSE:JPM), National Bank of Greece (ADR) (NYSE:NBG), Citigroup Inc (NYSE:C), Bank of America Corp (NYSE:BAC)

Office Depot Inc (NYSE:ODP) is planning to close at least 400 U.S. stores, as its merger with OfficeMax resulted in an overlap of retail locations that can be consolidated. Office Depot Inc (NYSE:ODP) expects to close 150 stores this year, mostly in the fourth quarter. All of the store closures are anticipated to occur by the end of 2016. Office Depot Inc (NYSE:ODP) stock performance … Continue reading Hot Stocks: Office Depot Inc (NYSE:ODP), Bank of America Corp (NYSE:BAC), Ford Motor Company (NYSE:F), Oi SA (ADR) (NYSE:OIBR)

Bank of America Corp (NYSE:BAC) looks closer to being normal, but Citigroup Inc. (NYSE: C) is unable to return much capital to shareholders. And as long as interest rates and inflation a low, analyists cannot expect much real growth from banks. Bank of America Corp (NYSE:BAC) stock performance was -0.33% in last session and finished the day at $15.09. Traded volume was 68.37million shares in … Continue reading Financial Sector Most Active Stocks: Bank of America (NYSE:BAC), SLM Corp (NASDAQ:SLM), Regions Financial (NYSE:RF), JPMorgan Chase (NYSE:JPM)