Bank of America Corp. (NYSE:BAC) dropped 0.9 percent after a report said the Justice Department may seek $17 billion to settle probes into mortgage lending. Bank of America Corp (NYSE:BAC) stock opened today at $15.69 and is currently trading at $15.70. The stock showed a positive weekly performance of 4.67%.
Blackstone Group (NYSE:BX) is selling a significant piece of its majority stake in Hilton Worldwide (HLT) six months after the hotel chain was brought public in the biggest-ever IPO for a U.S. hotelier. The Blackstone Group L.P. (NYSE:BX) stock opened at $33.45, in current trading session and currently is at $33.54, by losing -0.30%. The 52 week range of $19.15 – $35.39. Company’s market capitalization is 19.59 billion.
Morgan Stanley (NYSE:MS) and Banco Santander are hiring executives from the U.K. markets regulator for their London operations, as banks look to the watchdog for staff to see them through – and keep them clear of – probes. Morgan Stanley (NYSE:MS) stock is currently trading at $31.72. The EPS of the stock is 1.60. Company’s market capitalization is 62.53 billion.
Bloomberg reports that Warren Buffet is ready to commit another $15 billion of Berkshire Hathaway Inc. (NYSE:BRK.A) capital to wind, solar and other renewable energy. Berkshire Hathaway Inc. (NYSE:BRK.A) stock opened the session at $191,938.00, and now is at $192,265.00. The 52 week range of the Berkshire Hathaway Inc. (NYSE:BRK.A) stock remained $163,038.91 – $194,670.00 and the day range was $191,796.00 – $192,658.00.
Prospect Capital Corporation (NASDAQ:PSEC) announced that based on our discussions with the staffs of the Division of Investment Management (“IM”) and the Office of the Chief Accountant (“OCA”) of the Securities and Exchange Commission (“SEC”), Prospect will not be required to restate its prior period financial statements to consolidate certain wholly-owned or substantially wholly-owned holding company subsidiaries. Prospect Capital Corporation (NASDAQ:PSEC) stock opened today at $10.25 and is currently trading at $10.26. The stock showed a positive weekly performance of 1.66%.