Financial Sector Most Active: Bank of America (NYSE:BAC), Citigroup Inc (NYSE:C), Wells Fargo & Co (NYSE:WFC), KeyCorp (NYSE:KEY)

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 the last session and the average volume of the stock … Continue reading Financial Sector Most Active: Bank of America (NYSE:BAC), Citigroup Inc (NYSE:C), Wells Fargo & Co (NYSE:WFC), KeyCorp (NYSE:KEY)

Financial Sector Most Active: Bank of America (NYSE:BAC), JPMorgan Chase & Co. (NYSE:JPM), Wells Fargo (NYSE:WFC), Regions Financial (NYSE:RF)

Bank of America (NYSE:BAC) was downgraded by Atlantic Securities from an “overweight” rating to a “neutral” rating in a research note issued on Monday, TheFlyOnTheWall.com reports. Bank of America Corp (NYSE:BAC) stock performance was -1.08% in last session and finished the day at $17.37. Traded volume was 118,100,416 million shares in the last session and the average volume of the stock remained 109.13 million shares. … Continue reading Financial Sector Most Active: Bank of America (NYSE:BAC), JPMorgan Chase & Co. (NYSE:JPM), Wells Fargo (NYSE:WFC), Regions Financial (NYSE:RF)

Shares of Bank of America (NYSE:BAC) were trading mostly in the red throughout Friday’s market session, after the results of the Federal Reserve-administered stress tests came back. Bank of America Corp (NYSE:BAC) stock performance was -2.01% in last session and finished the day at $17.56. Traded volume was 156.03million shares in the last session and the average volume of the stock remained million shares. The … Continue reading Financial Sector Active Stocks: Bank of America (NYSE:BAC), Citigroup Inc (NYSE:C), Morgan Stanley (NYSE:MS), Wells Fargo (NYSE:WFC)

AbbVie, Inc. (NYSE:ABBV) announced the initiation of a pivotal Phase 3 clinical trial that will evaluate the use of HUMIRA (adalimumab) as a treatment for fingernail psoriasis in patients with moderate to severe chronic plaque psoriasis, an area of unmet need. Currently there are no approved treatments for fingernail psoriasis. AbbVie Inc (NYSE:ABBV) stock performance was 1.07% in last session and finished the day at … Continue reading Trader’s Alert: AbbVie Inc (NYSE:ABBV), NeoStem Inc (NASDAQ:NBS), Occidental Petroleum Corporation (NYSE:OXY), Wells Fargo & Co (NYSE:WFC)

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)

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)