Market Movers: Bank of America Corp (NYSE:BAC), AT&T Inc. (NYSE:T), Zynga Inc (NASDAQ:ZNGA), Apple Inc. (NASDAQ:AAPL)



In a survey of regional CFOs conducted by Bank of America (NYSE:BAC) Merrill Lynch, 77 percent of Taiwan-based respondents said they expect revenues to rise in 2014, compared to 64 percent who said so in 2013. Bank of America Corp (NYSE:BAC) stock performance was 0.49% in last session and finished the day at $16.37. Traded volume was 52.43million shares in the last session and the average volume of the stock remained 107.53million shares. The beta of the stock remained 1.86. Bank of America Corp (NYSE:BAC) insider ownership is 0.03%.

AT&T Inc (NYSE:T) on Tuesday raised its forecast for full-year revenue growth to reflect its acquisition of LEAP wireless in March and the popularity of a new handset pricing model that charges customers for devices separately from their wireless plans. AT&T Inc. (NYSE:T) dropped -3.78 percent to $34.92 Wednesday on volume of 59.64million shares. The intra-day range of the stock was $34.46 to $35.35. AT&T Inc. (NYSE:T) has a market capitalization of $181.41billion.

Zynga Inc (NASDAQ:ZNGA) Inc co-founder Mark Pincus is relinquishing the last of his operational duties at the social gaming company starting on Wednesday and retreating to an advisory role as Chief Executive Officer Don Mattrick pushes through a restructuring plan. Zynga Inc (NASDAQ:ZNGA)’s stock on Apr 23, 2014 reported a decrease of -3.07% to the closing price of $4.42. Its fifty two weeks range is $2.50 -$5.89. The total market capitalization recorded $3.88billion. The overall volume in the last trading session was 54.31million shares. In its share capital, ZNGA has 876.89million outstanding shares.

Apple Inc (NASDAQ:AAPL) has approved another $30 billion in share buybacks till the end of 2015 and authorized a rarely seen seven-for-one stock split, addressing calls to share more of its cash hoard while broadening the stock’s appeal to individual investors. On Wednesday, shares of Apple Inc. (NASDAQ:AAPL) dropped -1.31% to close the day at $524.75. Company return on investment (ROI) is 25.50% and its monthly performance is recorded as -2.68%. Apple Inc. (NASDAQ:AAPL) quarterly revenue growth is -4.28%.

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