Investor’s Alert: Bank of America (NYSE:BAC), Verizon Communications Inc. (NYSE:VZ), Citigroup Inc (NYSE:C), AT&T Inc. (NYSE:T)

Technology Stocks News 14

Bank of America Corp (NYSE:BAC) CEO Brian Moynihan saw his compensation jump by 77 percent last year as the company’s fortunes improved. Moynihan’s total compensation was $13.1 million, according to an Associated Press calculation based on a filing made by the company on Friday. The bulk of his pay was $11.1 million worth of stock awards granted in February 2013. Bank of America Corp (NYSE:BAC) stock performance was -0.12% in last session and finished the day at $17.33. Traded volume was 109,469,777 million shares in the last session and the average volume of the stock remained 105.80 million shares. The beta of the stock remained 2.24. Bank of America Corp (NYSE:BAC) insider ownership is 0.03%.

Verizon Communications Inc. (NYSE:VZ) on Friday said its board has authorized the company to repurchase up to 100 million shares as the period for its previous buyback program wrapped up. Verizon Communications Inc. (NYSE:VZ) dropped -0.65 percent to $47.15 yesterday on volume of 41.09 million shares. The intra-day range of the stock was $46.86 to $47.43. Verizon Communications Inc. (NYSE:VZ) has a market capitalization of $195.05 million.

Efforts by Citigroup Inc. (NYSE:C) senior executives to tighten controls in Mexico were rebuffed by managers there for at least five years before the U.S. bank found the local unit had suffered a $400 million loan fraud last month, four people with direct knowledge of the matter said. Citigroup Inc (NYSE:C)’s stock on Mar 7, 2014 reported a decrease of -0.18% to the closing price of $49.62. Its fifty two weeks range is $41.60 -$55.28. The total market capitalization recorded $150.67 billion. The overall volume in the last trading session was 25,770,316 million shares. In its share capital, Citigroup Inc (NYSE:C) has 3.03 million outstanding shares.

Bank of America reaffirmed their neutral rating on shares of AT&T (NYSE:T) in a research note issued to investors on Thursday, Analyst Ratings Net reports. The firm currently has a $35.00 price target on the stock, down from their previous price target of $38.00. On Friday, shares of AT&T Inc. (NYSE:T) advanced 0.62% to close the day at $32.54. Company return on investment (ROI) is 12.80% and its monthly performance is recorded as 1.43%. AT&T Inc. (NYSE:T) quarterly revenue growth is -5.95%.

Signup for free to be the first to receive exclusive free links. Now in your mailbox!
Join over 15,000 subscribers
Send me links

Your information will not be shared to anyone