Bank of America Corp (NYSE:BAC) disclosed on Monday that it had made a significant error in the way it calculates a crucial measure of its financial health, suffering another blow to its effort to shake its troubled history. Bank of America Corp (NYSE:BAC) shares after opening at $15.33 moved to $15.41 on last trade day and at the end of the day closed at $14.95. Company price to sales ratio in past twelve months was calculated as 2.92 and price to cash ratio as 0.25. Bank of America Corp (NYSE:BAC) showed a negative weekly performance of -7.09%.
Shares of Och-Ziff Capital Management Group LLC(NYSE:OZM) fell the most in more than five years after the Wall Street Journal reported that the hedge-fund firm run by Daniel Och helped finance controversial oil and mining deals in Africa. Och-Ziff made two loans with a total value of $234 million to companies controlled by Israeli billionaire Dan Gertler, the newspaper said, citing documents. The loans were routed through offshore companies, the paper said. Och-Ziff Capital Management Group LLC (NYSE:OZM) shares fell -9.90% in last trading session and ended the day on $11.65. OZM return on equity ratio is recorded as 141.00% and its return on assets is 7.60%. Och-Ziff Capital Management Group LLC (NYSE:OZM) yearly performance is 34.22%.
CNA Financial Corporation (NYSE:CNA) yesterday announced first quarter 2014 results, which included net operating income of $190 million, or $0.70 per share, and net income of $13 million, or $0.05 per share. Cna Financial Corp (NYSE:CNA) shares moved down -6.91% in last trading session and was closed at $39.76, while trading in range of $39.63 – $41.53. Cna Financial Corp (NYSE:CNA) year to date (YTD) performance is -4.47%.
Mesa Royalty Trust (NYSE:MTR) announced the Trust income distribution for the month of April 2014. Unitholders of record on April 30, 2014 will receive distributions amounting to $0.751309556 per unit payable on July 31, 2014. Mesa Royalty Trust (NYSE:MTR) weekly performance is -0.11%. On last trading day company shares ended up $27.65. Mesa Royalty Trust (NYSE:MTR) distance from 50-day simple moving average (SMA50) is 11.21%.