Bank of America Corp (NYSE:BAC) Merrill Lynch is sponsor and joint global co-ordinator with Goldman Sachs and KKR Capital Markets. Bank of America Corp (NYSE:BAC) stock opened at $17.54 in last session, and closed at $17.33, while the day range of stock is $17.25 – $17.59. The stock showed a positive weekly performance of 4.90%.
Citigroup Inc. (NYSE:C) Chairman Sanford Weill sold that 6,744-square-foot condo at 15 Central Park West for $88 million, the city valued it at only $2.8 million. The entire 201-unit building, which is also home to rock musician Sting and hedge fund manager Daniel Loeb, was valued at $242.6 million. Citigroup Inc (NYSE:C) stock opened at $50.21, in last session and closed at $49.62, by losing -0.18%. The 52 week range of the stock is $41.60 – $55.28. Company’s market capitalization is $150.67 billion.
The boost from Wells Fargo & Co. (NYSE:WFC) was a pleasant surprise. A previous request for an increase to meet expenses during a slow sales period for her online basket business, Jeanne Beatrice, was rejected. At the time, the bank said the St. Paul, Minn., company didn’t have enough of a payment history on the loan. Six months later the good news came. Wells Fargo & Co (NYSE:WFC) stock advanced 1.29% and finished the last session at $47.95. The EPS of the stock remained 3.89. Company’s market capitalization is $252.31 billion.
JPMorgan Chase & Co. (NYSE:JPM) strategist Thomas Lee reversed his tentative “buy” call on the S&P 500 from a week earlier, telling clients he saw the stock index trading sideways until it reached a final low in the second half of 2009. JPMorgan Chase & Co. (NYSE:JPM) stock opened the session at $ 59.35, and closed the session at $59.40. The 52 week range of the stock remained $46.05 – $59.82 and the day range was $59.07 – $59.80.
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