Citigroup Inc. (NYSE: C)
Citigroup shares dropped 1.16%, trading at volume of 84.73M shares. The stock reached today’s high / low at $4.27 / $4.22. The market capitalization stood at $123.43B. Today, the company announced the settlement with Wells Fargo & Co. relating to the acquisition of Wachovia Corp. in October 2008. The Wells Fargo will pay Citigroup $100,000,000 in settlement of all claims related to this dispute.
Ford Motor Company (NYSE: F)
Ford Motor shares gained marginally by 0.39%, trading at volume of 86.26M shares. The stock reached today’s high / low at $34.25 / $33.11. Yesterday, Ford announced it will change its stake in Mazda Motor Corporation to 3.5% from 11%.
General Motors Co (NYSE: GM)
General Motors shares currently dropped 0.76%, trading at volume of 73.92M shares. The stock reached today’s high / low at $4.27 / $4.22. The market capitalization stood at $123.43B. Yesterday, the company launched $16 billion initial public offering under the NYSE ticker symbol “GM”.
Bank of America Corporation (NYSE:BAC)
Bank of America shares dropped 0.94%, trading at volume of 60.83M shares. The stock reached today’s high / low at $11.65 / $11.53. The market capitalization stood at $116.88B. Yesterday, the company completed 25,000 mortgage modifications in October, bringing total to 725,000 since January 2008.
Sprint Nextel Corporation (NYSE:S)
Sprint Nextel stock gained 2.86%, trading at volume of 37.42M shares. The stock reached today’s high / low at $4.02 / $3.81. The market capitalization stood at $11.72B. The company recently opened new Sprint retail store in the Perimeter Center West shopping Center near Perimeter Mall.
Regions Financial Corporation (NYSE:RF)
Regions Financial shares gained 1.04%, trading at volume of 30.54M shares. The stock reached today’s high / low at $5.42 / $5.12. The market capitalization stood at $6.73B. Recently, the company announced the changes in its risk management group following the resignation of Chief Risk Officer Bill Wells. The Chief Risk Officer responsibilities will be divided on an interim basis between Barb Godin, head of Credit Operations, who will also assume leadership of Problem Asset Management, Credit Risk and Business Services Credit, and John Haley, head of Risk Analytics, who will also be responsible for Regulatory Affairs, Enterprise Risk, Market Risk, Operational Risk and Compliance Risk. The company also announced that Michael Willoughby, director of Credit Risk, has retired and Tom Neely, head of Problem Asset Management, has left the company.
General Electric Company (NYSE:GE)
General Electric shares gained 0.75%, trading at volume of 28.21M shares. The stock reached today’s high / low at $16.22 / $15.95. The market capitalization stood at $172.18B. Recently, the GE Healthcare donated to the Vatican foundation for Healthcare Workers of ten Vscans, its latest ultrasound pocket-sized visualization tool.
