Bank of America Corp. (NYSE:BAC) said Tuesday that it had resubmitted its smaller stress-test capital plan to the Federal Reserve. The announcement is the latest step as the bank navigates the aftermath of a $4 billion capital error it disclosed last month. Bank of America Corp (NYSE:BAC) stock opened today at $15.00 and is currently trading at $15.27. The stock showed a positive weekly performance of 1.45%.
Morgan Stanley (NYSE:MS) has an Overweight rating on Mexico’s two largest companies. Morgan Stanley (NYSE:MS) stock opened at $30.64, in current trading session and currently is at $31.18, by gaining 2.26%. The 52 week range of $23.83 – $33.52. Company’s market capitalization is 61.46 billion.
Goldman Sachs Group Inc. (NYSE:GS) raised its rating on the stock May 21 to buy from neutral and lifted its 12-month price target by 26 percent to $63 a share. Goldman Sachs Group Inc. (NYSE:GS) stock is currently trading at $162.61. The EPS of the stock is 15.20. Company’s market capitalization is 72.85 billion.
The stock of National Bank of Greece (ADR) (NYSE:NBG) recently received an upgrade from equity analysts at Piraeus Securities given the improvement in the bank’s risk/return profile. National Bank of Greece (ADR) (NYSE:NBG) stock opened the session at $3.32, and now is at $3.38. The 52 week range of the National Bank of Greece (ADR) (NYSE:NBG) stock remained $2.85 – $9.20 and the day range was $3.32 – $3.43.
The city of Detroit just got a boost that will have an enduring impact. JPMorgan Chase & Co. (NYSE:JPM) has announced a $100 million, five-year commitment to bolster the economic recovery of the city, which, in 2013, became the largest city in U.S. history to file for bankruptcy. JPMorgan Chase & Co. (NYSE:JPM) stock opened today at $54.75 and is currently trading at $55.37. The stock showed a positive weekly performance of 2.29%.
The two partnered on a private label card in 2011 and, though the agreement doesn’t end for several years, Capital One Financial Corp. (NYSE:COF) and Kohl’s have agreed to extend it further. Capital One CEO Richard Fairbank: “The Kohl’s partnership is a perfect example of the kind of opportunity we see in the Partnerships business … [it] reinforces the company’s commitment to grow its Credit Card Partnership business.” Capital One Financial Corp. (NYSE:COF) stock opened today at $77.19 and is currently trading at $77.88. The stock showed a positive weekly performance of 1.87%.
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