Financial Stocks On the Move: Wells Fargo (NYSE:WFC), Bank of America Corporation (NYSE:BAC), JPMorgan Chase & Co. (NYSE:JPM)

Reports are out this morning that Wells Fargo (NYSE:WFC) is being accused by New York attorney general of fabricating foreclosure documents. Despite this the company’s shares are up 1.54% nearing the top end of the 52-week range. The company has a dividend yield of 1.20 and a price to earnings ration of 12.35. Wells Fargo (NYSE:WFC) has an EPS of 3.98. Bank of America Corporation … Continue reading Financial Stocks On the Move: Wells Fargo (NYSE:WFC), Bank of America Corporation (NYSE:BAC), JPMorgan Chase & Co. (NYSE:JPM)

Active Stocks Financial Sector: Citigroup Inc (NYSE:C), Bank of America Corp (NYSE:BAC), JPMorgan Chase & Co. (NYSE:JPM), Barclays PLC (ADR) (NYSE:BCS)

Major banks including Barclays, Citigroup Inc (NYSE:C) and Royal Bank of Scotland have frozen bonuses across large parts of their foreign exchange trading teams in light of the investigation into manipulation of forex benchmarks, the Financial Times reports. Citigroup Inc (NYSE:C) stock performance was -0.95% in last session and finished the day at $46.88. Traded volume was 26.14million shares in the last session and the … Continue reading Active Stocks Financial Sector: Citigroup Inc (NYSE:C), Bank of America Corp (NYSE:BAC), JPMorgan Chase & Co. (NYSE:JPM), Barclays PLC (ADR) (NYSE:BCS)

Bank of America Corp (NYSE:BAC) Merrill Lynch analysts also lowered their prediction from 7.6 per cent to 7.2 per cent for the full year due to the “significantly weaker than expected” data in the first two months. Bank of America Corp (NYSE:BAC) stock performance was -2.10% in last session and finished the day at $16.80. Traded volume was 131.30million shares in the last session and … Continue reading Money Center Banks: Bank of America Corp (NYSE:BAC), Citigroup Inc (NYSE:C), JPMorgan Chase & Co. (NYSE:JPM), Wells Fargo & Co (NYSE:WFC)

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 … Continue reading Financial Sector Most Active Stocks: Bank of America (NYSE:BAC), Citigroup (NYSE:C), JPMorgan Chase (NYSE:JPM), HSBC Holdings (NYSE:HSBC)

Shares of steel company Gerdau S.A. (NYSE:GGB) fell in trading Monday as Chinese rebar and iron ore futures slowed for the fourth straight session on declining demand, according to Reuters. Gerdau S.A. (NYSE:GGB) belongs to Basic Materials sector. Its net profit margin is 3.40% and weekly performance is 9.91%. On last trading day company shares ended up $3.55. Gerdau S.A. (NYSE:GGB) distance from 50-day simple … Continue reading 5 Active Stocks: Gerdau S.A. (NYSE:GGB), Cliffs Natural Resources Inc. (NYSE:CLF), Oceaneering International (NYSE:OII), Orchids Paper Products (NYSEMKT:TIS), JPMorgan Chase (NYSE:JPM)

Investment analysts at Citigroup Inc. upped their target price on shares of Williams-Sonoma (NYSE:WSM) from $86.00 to $90.00 in a note issued to investors on Monday. The firm currently has a “buy” rating on the stock. Williams Companies, Inc. (NYSE:WMB) belongs to Basic Materials sector. Its net profit margin is 26.60% and weekly performance is -4.82%. On last trading day company shares ended up $43.43. … Continue reading Traders Should Watch: Williams Companies, Inc. (NYSE:WMB), Anadarko Petroleum Corporation (NYSE:APC), ON Semiconductor Corp. (NASDAQ:ONNN), JPMorgan Chase (NYSE:JPM), BlackRock Kelso Capital (NASDAQ:BKCC)