Bank of America Corp (NYSE:BAC) is holding “hostage” an $8.5 billion deal to compensate investors who bought Bank of America Corp (NYSE:BAC)mortgage securities, supporters of the deal said in court filings ahead of a hearing on Wednesday. The supporters urged the judge overseeing the deal to reject AIG’s efforts to delay its approval, according to documents submitted to the court late on Friday. Bank of America Corp (NYSE:BAC) stock opened at $16.70 in last trading session, and closed at $16.47, trading in the range of $16.47 – $16.74. The stock showed a negative weekly performance of -1.50%.
After prolonged circulation of rumors and guesswork, the news is finally out. King Digital Entertainment, the most successful game publisher on Facebook Inc. (NASDAQ:FB)’s platform, as well as a huge name in the world of mobile gaming, filed with the SEC for an initial public offering. Facebook Inc. (NASDAQ:FB) shares closed at $67.30 on last trade day, by gaining 0.31%. Stock 52 week range is $22.67 – $67.58. Company’s market capitalization is $171.41 billion.
The Coca-Cola Company (NYSE:KO) reported $11 billion in fourth quarter net operating revenue, down 4% from the same period in 2012 and short of Wall Street analysts’ $11.3 billion consensus estimate. Net income for the quarter came in at $1.7 billion, 8% short of the prior year. Earnings per share were 38 cents, 8 cents short of the Street estimate. For the full year the company reported $46.9 billion in net operating revenue, down from $48 billion the year prior and short of analysts’ $47.2 billion estimate. At $8.6 billion, net income was down 5% from 2012. Per share earnings of $1.90 came in 10 cents short of expectations. The Coca-Cola Company (NYSE:KO) stock decreased -3.75% and finished the last session at $37.47. The EPS of the stock remained 1.93. Company’s market capitalization is $165.46 billion.
TheStreet Ratings team rates Zynga Inc (NASDAQ:ZNGA) as a “sell” with a ratings score of D+. Zynga Inc (NASDAQ:ZNGA) stock opened at $4.89 in last trading session and closed at $5.15. The 52 week range of the stock is $2.50 – $5.16 and the day range was $4.88 – $5.16.
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