Active Watch List : Bank of America Corporation (NYSE:BAC), Wells Fargo (NYSE:WFC), Kongzhong Corp. (NASDAQ:KZ), ConAgra Foods, Inc. (NYSE:CAG), Genetic (NASDAQ:GENE)

Technology Stocks News 8

Last December Bank of America Corporation (NYSE:BAC) sold the Dunbar mortgage together with other mortgages to US Acquisition Property XXXVII LLC, an arm of Republic Financial. To add to the confusion, Republic recently put up the mortgage as collateral in a deal with Pacific Western Bank of Los Angeles, but records indicate that Republic is still the official holder. TheAdvocate reached Republic by telephone and was directed to speak with marketing director Tom Kennedy, but Kennedy did not respond to our calls. At the time Bank of America sold the mortgage, which by then still had about $1 million owing, the Dunbar Center, the Y and U.S. Rep. Richard Neal of Springfield were in negotiations with Bank of America Corporation (NYSE:BAC) aimed at staving off foreclosure, according to Swan. Bank of America Corporation (NYSE:BAC) belongs to Financial sector. Its net profit margin is 13.10% and weekly performance is 1.32%. On last trading day company shares ended up $15.32. Bank of America Corporation (NYSE:BAC) distance from 50-day simple moving average (SMA50) is -0.93%.

Wells Fargo & Co. (NYSE:WFC)’s mortgage business, the largest in the U.S., is looking to halt a revenue slump by sweetening the payoff for employees amid a shift to new home purchases. Loan officers’ top commission rate rose to 70 basis points, or 0.7 percentage point, from 63 basis points, according to a copy of the policy obtained by Bloomberg News. That means an employee who completes $1.6 million of loans in a month would earn a base commission of $11,200, up from $10,080. Wells Fargo & Company (NYSE:WFC) shares increased 0.78% in last trading session and ended the day at $50.38. WFC return on assets is 1.40%. Wells Fargo & Company (NYSE:WFC) quarterly performance is 3.47%.

KongZhong Corporation (NASDAQ: KZ), a leading online games publisher and developer in the PRC, today announced that it will release unaudited financial results for the second quarter ended June 30, 2014, after the close of the U.S. market onWednesday, August 27, 2014. On 14 August, Kongzhong Corp. (NASDAQ:KZ) shares increased 0.48% and was closed at $8.45. KZ EPS growth in last 5 year was 23.00%. Kongzhong Corp. (NASDAQ:KZ) year to date (YTD) performance is 17.04%.

ConAgra Foods Inc. (NYSE:CAG) has submitted official notice that it expects to close its Marion plant Oct. 10, eliminating the jobs of 146 employees, according to the Ohio Department of Job and Family Services. ConAgra Foods, Inc. (NYSE:CAG) ended the last trading day at $31.87. Company weekly volatility is calculated as 1.11%and price to cash ratio as 73.54. ConAgra Foods, Inc. (NYSE:CAG) showed a weekly performance of 3.47%.

Molecular diagnostics company Genetic Technologies Limited (NASDAQ:GENE) is pleased to announce that the number of BREVAGen™ test samples received during the quarter ended June 30, 2014 returned to levels achieved in late CY13. Total patient samples received during the quarter were 1,096, representing 37% growth over the March 2014 quarter (800 samples). Genetic Technologies Limited (NASDAQ:GENE) shares remains unchanged in last trading session and ended the day on $0.72. Genetic Technologies Limited (NASDAQ:GENE) quarterly performance is -37.39%.

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