A New York state judge on Friday approved Bank of America Corp (NYSE:BAC) $8.5 billion settlement with investors in mortgage securities, which would resolve much of the bank’s liability from its acquisition of Countrywide Financial Corp during the financial crisis. Bank of America Corp (NYSE:BAC) stock opened at $16.72 in last trading session, and closed at $16.75, trading in the range of $16.61 – $16.98. The stock showed a positive weekly performance of 1.82%.
Ford Motor (NYSE:F)‘s stock had its “buy” rating restated by investment analysts at TheStreet in a note issued to investors on Wednesday, American Banking News reports. Ford Motor Company (NYSE:F) stock decreased -1.90% and finished the last session at $14.96. The EPS of the stock remained 1.42. Company’s market capitalization is $59.01 billion.
EMC Corporation (NYSE:EMC)‘s stock had its “buy” rating restated by equities research analysts at Argus in a research note issued to investors on Friday, Stock Ratings Network.com reports. They currently have a $30.00 target price on the stock. Argus’ price objective suggests a potential upside of 13.77% from the company’s current price. EMC Corporation (NYSE:EMC) shares closed at $24.24 on last trade day, by losing -1.54%. Stock 52 week range is $21.45 – $27.34. Company’s market capitalization is $48.96 billion.
Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR)‘s stock had its “neutral” rating restated by Zacks in a research note issued to investors on Friday, StockRatingsNetwork reports. They currently have a $13.00 price objective on the stock. Zacks‘ price objective would indicate a potential upside of 3.67% from the company’s current price. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) stock opened at $11.29 in last trading session and closed at $11.21. The 52 week range of the stock is $11.15 – $19.65 and the day range was $11.15 – $11.68.