Ford Motor Company (NYSE:F) Director John Lechleiter bought 3,000 shares of Ford Motor Company stock in a transaction that occurred on Monday, March 10th. The shares were purchased at an average cost of $15.56 per share, for a total transaction of $46,680.00. Ford Motor Company (NYSE:F) stock opened at $15.46 in last session, and closed at $15.18, while the day range of F stock is $15.10-$15.46.The stock showed a negative weekly performance of -3.13%.
Verizon Communications Inc. (NYSE:VZ) continues to show significant strengths in the market thus the Rating of a “Buy”, by TheStreet with a rating score of B. The company reported impressive revenue growth in its fourth quarter of F2013, a trend that is sure to continue with Vodafone having pulled out of the US markets. Verizon currently commands impressive profit margins with good returns on equity. Verizon Communications Inc. (NYSE:VZ) stock opened at $46.35, in last session and closed at $46.03, by loosed -0.17%. The 52 week range was $45.08-$54.31.Company’s market capitalization is $190.42 billion.
Bank of America Corp. (NYSE: BAC) saw its short interest rise handily, up to 154.7 million shares as of February 28 from 110.3 million as of February 14. The rise in the short interest may have actually contributed to the March rally in Bank of America shares, as short sellers would have felt a short squeeze as the stock chugged higher from $16.30 to $17.60. Bank of America Corp (NYSE:BAC) stock loosed -0.69% and finished the last session at $17.16. The EPS of the stock remained 0.90.Company’s market capitalization is $181.35 billion.
Stanley Fischer, President Barack Obama’s nominee to be No. 2 at the U.S. Federal Reserve, on Thursday defended his ties to Citigroup Inc (NYSE:C), saying he would have been ill-prepared for his last central banking job without his experience at the megabank. “My three years at Citigroup were the most important element in my education that enabled me to be an effective supervisor of banks, which was one of my duties as Governor of the Bank of Israel,” Fischer told members of the Senate banking committee. Fischer left Citigroup Inc (NYSE:C) in 2005 to become Israel’s top central banker, a post he held until the middle of last year. His comments came in response to a query from Senator Elizabeth Warren, who suggested that the administration’s penchant for tapping former Citigroup executives to fill top economic posts potentially put the government “under the grip of a tight-knit group” and made it vulnerable to “groupthink. Citigroup Inc (NYSE:C) stock opened the session at $48.17, and closed the session at $47.33. The 52 week range of the C stock remained $41.06-$55.28 and the day range was $47.07-$48.29.