Posts Tagged ‘AIG’

Financial Stocks Ended Mixed (Bank of America Corporation, JPM, WFC, AIG)

Wednesday, December 29th, 2010

Bank of America Corporation (NYSE:BAC) surged 0.53% to $13.34. Bank of America Corporation is a bank holding company, and a financial holding company.

The stock has average daily volume of 186.04 million shares. At current market price, the market capitalization of the company stands at $134.54 billion.

JPMorgan Chase & Co. (NYSE:JPM) slid 0.14% to $42.61. JPMorgan Chase & Co. (JPMorgan Chase) is a financial holding company.

The stock opened at $42.70 and is trading within the range of $42.47-$43.12. The stock added more than 2% year-to-date.

Wells Fargo & Company (NYSE:WFC) lost 0.03% to $31.20. The stock has a 52- week range of $23.02-$34.25.

The stock has average daily volume of 29.91 million shares. At current market price, the market capitalization of the company stands at $163.76 billion.

American International Group, Inc. (NYSE:AIG) slid 0.76% to $58.93. American International Group, Inc. (AIG), is a holding company, which through its subsidiaries, is engaged primarily in a range of insurance and insurance-related activities in the United States and abroad.

The stock opened at 61.46 million and is trading within the range of $57.72-$61.68. The stock jumped more than 96% year-to-date.

Tags: , , ,
Posted in Stocks | No Comments »

Financial Stocks Gainers (SCHW, HIG, BBT, AIG)

Wednesday, December 22nd, 2010

The Charles Schwab Corporation (NYSE:SCHW) surged 0.71% to $16.95. The Charles Schwab Corporation (CSC) is a financial holding company.

The stock has average daily volume of 9.83 million shares. At current market price, the market capitalization of the company stands at $20.25 billion.

Hartford Financial Services (NYSE:HIG) added 2.26% to $27.11. The 52-week range of the stock is $18.81-$30.46.

The stock opened at $26.61 and is trading within the range of $26.50-$27.19. The stock jumped more than 16% year-to-date.

BB&T Corporation (NYSE:BBT) gained 1.00  % to $26.18. The 52-week range of the stock is $21.72-$35.72. The stock added more than 3% year-to-date.

The stock has average daily volume of 6.56 million shares.

American International Group, Inc. (NYSE:AIG) went up 3.29%to $55.18. The 52-week range of the stock is $21.54-$55.31. The stock jumped more than 84% year-to-date.

The average daily volume of the stock is 5.19 million shares. At current market price, the market capitalization of the company stands at $36.82 billion.

Tags: , , ,
Posted in Stocks | No Comments »

NYSE Stocks Alert (AIG, PRU, MET, LNC)

Monday, December 20th, 2010

American International Group, Inc. (NYSE:AIG) added 2.93% to $54.10. American International Group, Inc. is a holding company, which through its subsidiaries, is engaged primarily in a range of insurance and insurance-related activities in the United States and abroad.

The stock has average daily volume of 5.27 million shares. At current market price, the market capitalization of the company stands at $36.10 billion.

Prudential Financial, Inc. (NYSE:PRU) gained 0.62% to $58.45. The 52-week range of the stock is $46.33-$66.80.

The stock opened at $58.26 and is trading within the range of $57.89-$58.70. The stock is up almost 17% year-to-date.

MetLife, Inc. (NYSE:MET) added 0.66% to $44.22. The 52-week range of the stock is $33.40-$47.75. The stock jumped more than 25% year-to-date.

The stock has average daily volume of 8.01 million shares.

Lincoln National Corporation (NYSE:LNC) slid 0.88% to $28.18. The 52-week range of the stock is $20.65-$33.55. The stock added more than 13% year-to-date.

The average daily volume of the stock is 4.28 million shares. At current market price, the market capitalization of the company stands at $8.93 billion.

Tags: , , ,
Posted in Stocks | No Comments »

Financial Stocks Closed Mixed (AIB, AIG, CIM, MI)

Tuesday, December 7th, 2010

Allied Irish Banks, plc. (ADR) (NYSE:AIB) soared 5.69% to $1.04. The 52-week range of the stock is $0.76-$4.95.

The stock has average daily volume of 8.65 million shares. At current market price, the market capitalization of the company stands at $665.05 million.

American International Group, Inc. (NYSE:AIG) fell 0.37% to $43.60. The 52-week range of the stock is $21.54-$45.95.

The stock opened at $43.50 and is trading within the range of $43.04-$43.85. The stock jumped more than 45% year-to-date.

Chimera Investment Corporation (NYSE:CIM) lost 0.49% to $4.08. The 52-week range of the stock is $3.50-$4.36. The stock is up more than 5% year-to-date.

The stock has average daily volume of 20.97 million shares.

Marshall & Ilsley Corporation (NYSE:MI) slid 0.22% to $5.59. The 52-week range of the stock is $4.62-$10.66. The stock added more than 2% year-to-date.

The average daily volume of the stock is 13.95 million shares. At current market price, the market capitalization of the company stands at $2.95 billion.

Tags: , , ,
Posted in Stocks | No Comments »

Financial Stocks Closed Mixed (AIB, AIG, CIM, MI)

Tuesday, December 7th, 2010

Allied Irish Banks, plc. (ADR) (NYSE:AIB) soared 5.69% to $1.04. The 52-week range of the stock is $0.76-$4.95.

The stock has average daily volume of 8.65 million shares. At current market price, the market capitalization of the company stands at $665.05 million.

American International Group, Inc. (NYSE:AIG) fell 0.37% to $43.60. The 52-week range of the stock is $21.54-$45.95.

The stock opened at $43.50 and is trading within the range of $43.04-$43.85. The stock jumped more than 45% year-to-date.

Chimera Investment Corporation (NYSE:CIM) lost 0.49% to $4.08. The 52-week range of the stock is $3.50-$4.36. The stock is up more than 5% year-to-date.

The stock has average daily volume of 20.97 million shares.

Marshall & Ilsley Corporation (NYSE:MI) slid 0.22% to $5.59. The 52-week range of the stock is $4.62-$10.66. The stock added more than 2% year-to-date.

The average daily volume of the stock is 13.95 million shares. At current market price, the market capitalization of the company stands at $2.95 billion.

Tags: , , ,
Posted in Stocks | No Comments »

Financial Stocks Trading Higher (SNV, RF, AIG, LYG)

Wednesday, December 1st, 2010

Synovus Financial Corp. (NYSE:SNV) surged 1.23% to $2.06. The 52-week range of the stock is $1.78-$3.92. The stock is up more than 1% year-to-date.

The stock has average daily volume of 17.95 million shares. At current market price, the market capitalization of the company stands at $1.61 billion.

Regions Financial Corporation (NYSE:RF) is up 3.72% to $5.58. The 52-week range of the stock is $5.12-$9.33.

The stock opened at $5.46 and is trading within the range of $5.43-$5.59. The stock is up more than 5% year-to-date.

American International Group, Inc. (NYSE:AIG) added 3.03% to $42.54. The 52-week range of the stock is $21.54-$45.95. The stock is up more than 41% year-to-date.

The stock has average daily volume of 3.32 million shares.

Lloyds TSB Group plc (ADR) (NYSE:LYG) rose 5.29% to $3.98. The 52-week range of the stock is $2.88-$5.41. The stock is up more than 21% year-to-date.

The average daily volume of the stock is 3 million shares. At current market price, the market capitalization of the company stands at $67.81 billion.

Tags: , , ,
Posted in Stocks | No Comments »

Financial Stocks In Spotlight (Bank of America Corporation, UBS, AIG)

Monday, November 29th, 2010

Bank of America Corporation (NYSE:BAC) added 1.17% to $11.25. The 52-week range of the stock is $11.03-$19.86. The stock is down more than 25% year-to-date.

Bank of America Corporation is a bank holding company, and a financial holding company. The Company is a financial institution, serving individual consumers, small and middle market businesses, large corporations and governments with a range of banking, investing, asset management and other financial and risk management products and services.

UBS AG (USA) (NYSE:UBS) fell 0.52% to $15.28. The 52-week range of the stock is $12.26-$18.48.

The stock opened at $15.22 and is trading within the range of $15.20-$15.34. At current market price, the market capitalization of the company stands at $58.01 billion. The stock has a 52-week range of $12.26-$18.48.

UBS AG is a client-focused financial services company that offers a combination of wealth management, asset management and investment banking services on a global and regional basis.

American International Group, Inc. (NYSE:AIG) is trading at $41.08, lower 0.41%. The 52-week range of the stock is $21.54-$45.95.

The stock opened at $41.07 and is trading within the range of $40.60-$41.13. At current market price, the market capitalization of the company stands at $27.42 billion.

American International Group, Inc. is a holding company, which through its subsidiaries, is engaged primarily in a range of insurance and insurance-related activities in the United States and abroad.

Tags: , ,
Posted in Stocks | No Comments »

Financial Stocks In Spotlight (Bank of America Corporation, UBS, AIG)

Sunday, November 28th, 2010

Bank of America Corporation (NYSE:BAC) added 1.17% to $11.25. The 52-week range of the stock is $11.03-$19.86. The stock is down more than 25% year-to-date.

Bank of America Corporation is a bank holding company, and a financial holding company. The Company is a financial institution, serving individual consumers, small and middle market businesses, large corporations and governments with a range of banking, investing, asset management and other financial and risk management products and services.

UBS AG (USA) (NYSE:UBS) fell 0.52% to $15.28. The 52-week range of the stock is $12.26-$18.48.

The stock opened at $15.22 and is trading within the range of $15.20-$15.34. At current market price, the market capitalization of the company stands at $58.01 billion. The stock has a 52-week range of $12.26-$18.48.

UBS AG is a client-focused financial services company that offers a combination of wealth management, asset management and investment banking services on a global and regional basis.

American International Group, Inc. (NYSE:AIG) is trading at $41.08, lower 0.41%. The 52-week range of the stock is $21.54-$45.95.

The stock opened at $41.07 and is trading within the range of $40.60-$41.13. At current market price, the market capitalization of the company stands at $27.42 billion.

American International Group, Inc. is a holding company, which through its subsidiaries, is engaged primarily in a range of insurance and insurance-related activities in the United States and abroad.

Tags: , ,
Posted in Stocks | No Comments »

Financial Stocks In Spotlight (Bank of America Corporation, UBS, AIG)

Thursday, November 25th, 2010

Bank of America Corporation (NYSE:BAC) added 1.17% to $11.25. The 52-week range of the stock is $11.03-$19.86. The stock is down more than 25% year-to-date.

Bank of America Corporation is a bank holding company, and a financial holding company. The Company is a financial institution, serving individual consumers, small and middle market businesses, large corporations and governments with a range of banking, investing, asset management and other financial and risk management products and services.

UBS AG (USA) (NYSE:UBS) fell 0.52% to $15.28. The 52-week range of the stock is $12.26-$18.48.

The stock opened at $15.22 and is trading within the range of $15.20-$15.34. At current market price, the market capitalization of the company stands at $58.01 billion. The stock has a 52-week range of $12.26-$18.48.

UBS AG is a client-focused financial services company that offers a combination of wealth management, asset management and investment banking services on a global and regional basis.

American International Group, Inc. (NYSE:AIG) is trading at $41.08, lower 0.41%. The 52-week range of the stock is $21.54-$45.95.

The stock opened at $41.07 and is trading within the range of $40.60-$41.13. At current market price, the market capitalization of the company stands at $27.42 billion.

American International Group, Inc. is a holding company, which through its subsidiaries, is engaged primarily in a range of insurance and insurance-related activities in the United States and abroad.

Tags: , ,
Posted in Stocks | No Comments »

Stocks Slide After Hoenig Calls For Rate Hike

Wednesday, April 7th, 2010

Renewed concerns about Greek debt, interest rates, and consumer credit pressured stocks into the red today, overshadowing a solid Treasury auction and upbeat comments from Federal Reserve Chairman Ben Bernanke. Speaking in Dallas, Bernanke predicted improved economic conditions and an ebbing unemployment rate this year, but the central banker’s rosy comments were somewhat negated by Kansas City Fed President Thomas Hoenig’s proposal to abandon rock-bottom interest rates sooner rather than later. Elsewhere, another well-received auction of 10-year notes helped limit losses in intraday activity, but data showing consumer borrowing declined by $11.5 billion in February – as well as news that Greece’s borrowing costs hit a new high – virtually daggered the bulls late in the session, accelerating losses in the final hour of trading.

Kansas City Fed President Thomas Hoenig, who has been the lone dissenter in policy meetings, delivered some strong words in a speech today, saying the Fed should start raising rates to 1 percent soon, lest it cultivate a bubble. “The time is right to put the market on notice that it must again manage its risk, be accountable for its actions, and cease its reliance on assurances that the Federal Reserve, not they, will manage the risks they must deal with in a market economy,” Hoenig said. Hoenig added that even 1 percent is still accommodative. 

This came after Fed Chairman Ben Bernanke said earlier that the Fed is in no rush to raise interest rates and NY Fed President William Dudley reiterated his support of keeping the “extended period” language. Hoenig’s comments are further evidence that the bullish sentiment we saw in March and the first week of April is rather fragile right now. His comments may have been viewed as tough, but we need tough. The fact that stocks sold off is a clue that the bears may be returning to Wall Street sooner than we originally thought.

I argue that Hoenig’s remarks, which were to be expected given his dissent in recent Fed meetings, were simply an excuse for traders to sell an overbought market.

STOCK RECAP

PALM:The short squeeze that we have been expecting has finally arrived. A big pop it was, 20% As expected this stock will only move when a rumor is fictitiously created. The spark behind Wednesday’s trading, according to Dow Jones Newswires, was a rumor that Chinese computer maker Lenovo was eyeing the company for a potential takeover bid. The company made no official announcement. But Lenovo CEO Yang Yuanqing told a German newspaper that the company was considering making more acquisitions to build out its mobile Internet business, though Palm was never mentioned. The CEO has made similar comments in past interviews with other publications. $4.58

AIG:Another short squeeze candidate is making huge moves and it looks set to go for more! We’re currently at $39.69.

SIRI: Huge volume alert. Today traded 609 million shares!! Yes that’s no typo. It’s on track to beat the record of 1.1 billion for the weak set back in March 1, 2010. We’re going for more!

DELL :Another successful trading pick mentioned here first. As we stand the stock trades at $15.69 up 10.6% and the Option for the April $15 strike stands a whopping 393% profit.

Tags: , , , , , , ,
Posted in Contributors, Large Cap Stocks | No Comments »