Bank of America Corp (NYSE:BAC) was up 1%, with investors glad that the bank is jettisoning two unpleasant reminders of the financial crisis. The bank announced late Wednesday that it had settled two lingering lawsuits: the Federal Housing Finance Agency’s accusations that it had misled Fannie Mae and Freddie Mac about the quality of mortgage securities it sold them in the runup to the financial crisis, and New York authorities’ accusations that it had duped investors by not adequately disclosing losses at Merrill Lynch, which it bought in 2008 Bank of America Corp (NYSE:BAC) shares after opening at $17.38 on last trade day and at the end of the day closed at $17.18. Company price to sales ratio in past twelve months was calculated as 3.32 and price to cash ratio as 0.31. Bank of America Corp (NYSE:BAC) showed a negative weekly performance of -1.49%.
Citigroup Inc (NYSE:C) wasn’t the only bank to be told late Wednesday that it needs to shore up its capital plans, but it was the biggest, and the news seemed to catch investors — and the bank — off guard. Shares were down 6% before the market opened Thursday. Citigroup Inc (NYSE:C) shares fell -0.28% in last trading session and ended the day on $50.16. C return on equity ratio is recorded as 8.60% and its return on assets is 0.90%. Citigroup Inc (NYSE:C) yearly performance is 11.99%.
Oracle (NASDAQ:ORCL) SVP Dorian Daley unloaded 100,000 shares of the stock on the open market in a transaction that occurred on Tuesday, March 25th. The stock was sold at an average price of $38.27, for a total transaction of $3,827,000.00. Following the completion of the transaction, the senior vice president now directly owns 5,000 shares in the company, valued at approximately $191,350. Oracle Corporation (NYSE:ORCL) shares moved up/down 1.77% in last trading session and was closed at $39.08, while trading in range of $ 38.36 – 39.46. Oracle Corporation (NYSE:ORCL) year to date (YTD) performance is 7668%.
Ford Motor Company is giving fans, and potential customers, in 12 cities across America a chance to get behind the wheel of its latest products with its second EcoBoost® Challenge consumer drive tour. Ford Motor Company (NYSE:F) weekly performance is -1.49%. On last trading day company shares ended up $15.25. Ford Motor Company (NYSE:F) distance from 50-day simple moving average (SMA50) is -1.18%. Analysts mean target price for the company is $17.97.
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