Friday, July 2, 2010

Financial Stocks to Watch (Citigroup Inc., BAC, WFC, RF)

Financial Stocks to Watch (Citigroup Inc., BAC, WFC, RF)Citigroup Inc. (NYSE:C) lost 1.33% to $3.71 on 442.10 million shares. So far, the market capitalization stands at $107.52 billion. Over the past 52 weeks, the stock is trading in the range of $2.55-$5.43. Today, the stock opened at $3.83.
The company is a global diversified financial services holding company. The Company provides consumers, corporations, governments and institutions with a range of financial products and services.
Bank of America Corporation (NYSE:BAC) dropped 4.18% to $13.77 and has a new 52-week low of $11.27. 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.
Wells Fargo & Company (NYSE:WFCfell 2.70% to $24.91 on a volume of 22.43 million shares.  In the past one year of trading sessions, the stock went up more than 3%. Today, the stock opened the trade at $25.54 and made an intraday high of $25.94.
Regions Financial Corporation (NYSE:RF) decreased 2.89% to $6.39 with over 11.07 million share. The company is a financial holding company that operates throughout the South, Midwest and Texas. The Company provides traditional commercial, retail and mortgage banking services, as well as other financial services in the fields of investment banking, asset management, trust, mutual funds, securities brokerage, insurance and other specialty financing.

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