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

Watch 5 Stocks: Tesla Motors Inc (NASDAQ:TSLA), Altera Corp. (NASDAQ:ALTR), SunTrust Banks, Inc. (NYSE:STI), Vector Group Ltd. (NYSE:VGR), Waste Connections Inc. (NYSE:WCN)

Tesla Motors Inc (NASDAQ:TSLA) is hoping a new location in Montreal will help it increase the number of its all-electric vehicles on our roads. The 45,000 square foot dealership on Ferrier St., officially inaugurated last week, replaces a much smaller location in Laval that was kind of a Band-Aid solution for the market, Tesla Motors Inc (NASDAQ:TSLA) belongs to Consumer Goods sector. Its net profit … Continue reading Watch 5 Stocks: Tesla Motors Inc (NASDAQ:TSLA), Altera Corp. (NASDAQ:ALTR), SunTrust Banks, Inc. (NYSE:STI), Vector Group Ltd. (NYSE:VGR), Waste Connections Inc. (NYSE:WCN)

Market Movers: AbbVie Inc. (NYSE:ABBV), Xerox Corporation (NYSE:XRX), SunTrust Banks (NYSE:STI), Danaher Corp. (NYSE:DHR), Eagle Bancorp Montana, Inc. (NASDAQ:EBMT)

AbbVie Inc. (NYSE:ABBV) belongs to Healthcare sector. Its net profit margin is 21.70% and weekly performance is 1.16%. On last trading day company shares ended up $55.60. AbbVie Inc. (NYSE:ABBV) distance from 50-day simple moving average (SMA50) is 2.25%. One such investor is Robert Zapfel. He is the President of Services Business at Xerox Corp. (NYSE:XRX). On Augusts 7th, Mr. Zapfel bought 40,000 XRX shares at … Continue reading Market Movers: AbbVie Inc. (NYSE:ABBV), Xerox Corporation (NYSE:XRX), SunTrust Banks (NYSE:STI), Danaher Corp. (NYSE:DHR), Eagle Bancorp Montana, Inc. (NASDAQ:EBMT)

Trader’s Recap : Pfizer (NYSE:PFE), ChinaCache (NASDAQ:CCIH), Lennox International (NYSE:LII), SunTrust Banks, Inc. (NYSE:STI), QTS Realty Trust, Inc. (NYSE:QTS)

Zacks reaffirmed their neutral rating on shares of Pfizer (NYSE:PFE) in a report released on Friday. Zacks currently has a $30.00 price objective on the stock. Pfizer Inc. (NYSE:PFE) belongs to Healthcare sector. Its net profit margin is 59.30% and weekly performance is 0.93%. On last trading day company shares ended up $29.21. Pfizer Inc. (NYSE:PFE) distance from 50-day simple moving average (SMA50) is -0.48%. Shares of Lennox International (NYSE:LII) have … Continue reading Trader’s Recap : Pfizer (NYSE:PFE), ChinaCache (NASDAQ:CCIH), Lennox International (NYSE:LII), SunTrust Banks, Inc. (NYSE:STI), QTS Realty Trust, Inc. (NYSE:QTS)

Top Stories: Chimera Investment (NYSE:CIM), Synthetic Biologics (NYSEMKT: SYN), SunTrust Banks (NYSE:STI), American Lorain Corporation (NYSEMKT:ALN), Sophiris Bio, Inc. (NASDAQ:SPHS)

On 11 AUG Chimera Investment Corporation (NYSE:CIM) last released its earnings data on Monday. The company reported $0.10 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.09 by $0.01. On average, analysts predict that Chimera Investment Corp. will post $0.39 earnings per share for the current fiscal year. Chimera Investment Corporation (NYSE:CIM) belongs to Financial sector. Its net profit margin is … Continue reading Top Stories: Chimera Investment (NYSE:CIM), Synthetic Biologics (NYSEMKT: SYN), SunTrust Banks (NYSE:STI), American Lorain Corporation (NYSEMKT:ALN), Sophiris Bio, Inc. (NASDAQ:SPHS)

Today’s Stocks – Sprint Corporation (NYSE:S) , Michael Kors (NYSE:KORS) , Doral Financial (NYSE:DRL) , SunTrust Banks (NYSE:STI) , Triple-S Management (NYSE:GTS)

Sprint Corporation (NYSE:S) has signed a multi-year agreement with NetCracker Technology, a subsidiary of NEC Corporation, to expand its use of OSS solution to accelerate the time to market and reduce the operational cost for the launch of Sprint Spark™, Sprint’s enhanced LTE network. Sprint Corporation (NYSE:S) stock performance was 1.17% in last session and finished the day at $7.77. Traded volume was 6.83million shares in the last session … Continue reading Today’s Stocks – Sprint Corporation (NYSE:S) , Michael Kors (NYSE:KORS) , Doral Financial (NYSE:DRL) , SunTrust Banks (NYSE:STI) , Triple-S Management (NYSE:GTS)