Tag: STI

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

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)

Chris Lewis