Large Cap Most Active: Bank of America Corporation (NYSE:BAC), Regions Financial Corporation (NYSE:RF), Ford Motor Company (NYSE:F), AT&T (NYSE:T), IBM

Technology Stocks News 19

Bank of America Corporation (NYSE:BAC) traders who left as the lender dismantled their electronic market-making unit are attempting to recreate the business as an independent firm with former Knight Capital Group Inc. chief Tom Joyce. Bank of America Corporation (NYSE:BAC) belongs to Financial sector. Its net profit margin is 8.80% and weekly performance is 0.48%. On last trading day company shares ended up $16.60. Bank of America Corporation (NYSE:BAC) distance from 50-day simple moving average (SMA50) is 1.50%.

Regions Financial Corporation (NYSE:RF) Reports an Increase in Third Quarter Net Income and Total Revenue. Net income available to common shareholders increased $13 million or 4 percent from the prior quarter while earnings per diluted share increased to $0.22. Total revenue increased $20 million or 2 percent from the prior quarter. Regions Financial Corporation (NYSE:RF) shares moved up 1.09% in last trading session and ended the day at $9.26. RF return on assets is 0.90%. Regions Financial Corporation (NYSE:RF) quarterly performance is -7.86%.

Ford Motor Company (NYSE:F) said on Tuesday the company will drop the Pimco Total Return Fund from its 401k plan as a result of the sudden departure of Bill Gross. On 21 October, Ford Motor Company (NYSE:F) shares moved up 0.64% and was closed at $14.26. F EPS growth in last 5 year was 17.80%. Ford Motor Company (NYSE:F) year to date (YTD) performance is -5.44%.

Teachers and students in Salt Lake City had something to celebrate today as AT&T, Inc. (NYSE:T) Aspire revealed it “flash funded” all projects listed by 162 teachers on the education crowd funding site DonorsChoose.org in Salt Lake City. In total, 170 projects were fulfilled, benefiting 17,595 of Salt Lake City’s students totaling $220,760. AT&T, Inc. (NYSE:T) ended the last trading day at $34.62. Company weekly volatility is calculated as 1.80% and price to cash ratio as 15.88. AT&T, Inc. (NYSE:T) showed a weekly performance of 2.30%.

On Monday, International Business Machines Corporation (NYSE:IBM) abandoned a longtime earnings target, reported sharply lower third-quarter profit on a surprising 4 per cent downturn in sales, and said it would divest semiconductor operations that underpin much of its remaining computer business. International Business Machines Corporation (NYSE:IBM) shares moved down -3.47% in last trading session and ended the day at $163.23. IBM Gross Margin is 49.10% and its return on assets is 13.60%. International Business Machines Corporation (NYSE:IBM) quarterly performance is -15.70%.

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