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…
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…
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…
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…
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….
Nokia Corporation (ADR) (NYSE:NOK) (BIT:NOK1V) (HEL:NOK1V) is going through some big changes right now with the sale of its devices division. Morgan Stanley analyst Francois Meunier and his team have raised their price target for the company to €6 a share from €5.20 a share but maintained their Equal-Weight rating on the stock. Nokia Corporation…
