Notable Losers: AT&T Inc. (NYSE:T), The Home Depot (NYSE:HD), Exxon Mobil Corporation (NYSE:XOM), International Business Machines (NYSE:IBM), Goldman Sachs Group (NYSE:GS)

Posted by on Jun 10, 2014

Dallas-based AT&T Inc. (NYSE:T) has settled a lawsuit with Qatar-based Al Jazeera over the telecom’s refusal last year to carry a news channel launched by Al-Jazeera on its U-verse pay television service. Both AT&T and Al Jazeera asked a judge in Delaware to dismiss the case. AT&T Inc. (NYSE:T) stock opened today at $34.92 and is currently trading at $35.08. The stock showed a negative weekly performance of -1.21%.

The Home Depot Inc. (NYSE:HD), which signaled three weeks ago that it’s optimistic about the U.S. housing recovery, borrowed $2 billion with a bond sale that may fund share repurchases. The Home Depot, Inc. (NYSE:HD) stock opened at $80.26, in current trading session and currently is at $80.57, by losing -0.05%. The 52 week range of $72.21 – $83.20. Company’s market capitalization is 110.19 billion.

A lawsuit filed by federal and state officials will go forward against ExxonMobil Corporation (NYSE:XOM) over a crude oil spill that forced the evacuation of 22 homes in Mayflower, a U.S. district judge ruled Monday. Exxon Mobil Corporation (NYSE:XOM) stock is currently trading at $101.11. The EPS of the stock is 7.39. Company’s market capitalization is 434.17 billion.

International Business Machines Corp. (NYSE:IBM) announced that Zain, the pioneer of mobile telecommunications in Kuwait, has chosen IBM’s social software to deliver deeper, more personalized experiences for its 2.5 million customers in the country. The IBM solution brings together Zain’s digital, mobile and social platforms to offer customers a single, compelling point of engagement. International Business Machines Corp. (NYSE:IBM) stock opened the session at $186.20, and now is at $184.88. The 52 week range of the International Business Machines Corp. (NYSE:IBM) stock remained $172.19 – $206.98 and the day range was $184.79 – $186.22.

Goldman Sachs Group Inc. (NYSE:GS) didn’t buy the “new normal” and it’s not rushing to embrace the “new neutral” either. Goldman Sachs economists led by Jan Hatzius and Dominic Wilson are questioning the bet made last month by investor Bill Gross that Federal Reserve monetary tightening will be much less aggressive than in the past — when it comes. Goldman Sachs Group Inc. (NYSE:GS) stock opened today at $165.86 and is currently trading at $166.05. The stock showed a positive weekly performance of 3.73%.

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