NYSE most active: Bank of America (NYSE:BAC), Pfizer Inc. (NYSE:PFE), Verizon Communications (NYSE:VZ), Petroleo Brasileiro Petrobras (NYSE:PBR)

Technology Stocks News 6

Atlantic Equities downgrades shares of Bank of America (NYSE:BAC) from Overweight to Neutral and lowered the price target from $20 to $18.50 Bank of America Corp (NYSE:BAC) stock performance was -1.08% in last session and finished the day at $17.37. Traded volume was 118,100,416 million shares in the last session and the average volume of the stock remained 109.13 million shares. The beta of the stock remained 1.85. Bank of America Corp (NYSE:BAC) insider ownership is 0.03%.

Pfizer Inc. (NYSE:PFE), Case No. 5:13-cv-00414, in the US District Court for the Northern District of California, plaintiff Laura Plumlee took Zoloft manufacturer Pfizer to task for marketing a drug that was alleged to be ineffective, with questionable efficacy, due to a claim that most clinical trials found that Zoloft was no more effective than a placebo, or so Plumlee claimed. Pfizer Inc. (NYSE:PFE) dropped -2.14 percent to $31.49 yesterday on volume of 41.81 million shares. The intra-day range of the stock was $31.33 to $31.90. Pfizer Inc. (NYSE:PFE) has a market capitalization of $201.33 billion.

Verizon Wireless, a subsidiary of Verizon Communications Inc. (NYSE:VZ), which operates the nation’s largest 4G LTE network,published a press release today announcing the company is hiring to fill more than 300 positions in several cities in Florida. The jobs include positions in sales, network, customer service, operations and other technology-related departments. Verizon Communications Inc. (NYSE:VZ)’s stock on Mar 24, 2014 reported an increase of 0.21% to the closing price of $47.01. Its fifty two weeks range is $45.08 -$54.31. The total market capitalization recorded $194.62 billion. The overall volume in the last trading session was 34,571,076 million shares. In its share capital, Verizon Communications Inc. (NYSE:VZ) has 2.87 billion outstanding shares.

Brazil’s state-run oil firm Petroleo Brasileiro SA (ADR) (NYSE:PBR) said the board of its distribution subsidiary had approved the dismissal of its Chief Financial Officer Nestor Cervero on Friday, according to a securities filing. On Monday, shares of Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) dropped 3.28% to close the day at $11.97. Company return on investment (ROI) is 5.10% and its monthly performance is recorded as 4.72%. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) quarterly revenue growth is -11.79%.

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