Financial Stocks Rallied (Citigroup, FRE, FNM, BAC, AIG, NBG, WFC, LYG, JPM)
Financial Stocks Gainers.
(EMAILWIRE.COM, March 11, 2010 ) Dallas, Tx - U.S. stocks closed almost flat Wednesday. The Dow Jones Industrial Average rose 2.95 points to 10567.33 the Standard & Poor's 500 rose 5.17 points to 1145.61 and the Nasdaq Composite Index rose 18.27 points to 2358.95. Following were among the financial companies whose shares were actively traded in Wednesday's session.
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Citigroup Inc. (NYSE:C) went up 3.66% to $3.96 on 1.21 billion shares as private equity firm Apollo Management reached a deal to buy Citigroup Inc's real estate investment division, Bloomberg reported.
Freddie Mac (NYSE:FRE) continued the yesterday`s rally and was today up 2.34% to $1.31 on 36.32 million shares.
Fannie Mae (NYSE:FNM) gained 2.80% to $1.10 on 58.58 million shares.
Bank of America Corporation (NYSE:BAC) surged 1.85% to $17.11 on 222.93 million shares.
American International Group, Inc. (NYSE:AIG) soared 10.59% to $36.24 on 70.65 million shares. The company this week announced that an underwritten public offering of 8,466,693 shares of Transatlantic Holdings, Inc. (TRH) common stock owned by American Home Assurance Company (AHAC), a subsidiary of American International Group, Inc., was priced at a public offering price of $53.35 per share.
National Bank of Greece (ADR) (NYSE:NBG) also rose 1.40% to $4.34 on 5.45 million shares.
Wells Fargo & Company (NYSE:WFC) went up 2.04% to $29.57 on 42.57 million shares.
Lloyds Banking Group PLC (ADR) (NYSE:LYG) gained 2.79% to $3.32 on 4.74 million shares after Dow Jones reported that Lloyds TSB Bank PLC, part of Lloyds Banking Group plc, has priced its inaugural U.K.-regulated covered bond, via joint-lead managers Deutsche Bank AG, Landesbank Baden-Wuerttemberg, Natixis and Lloyds.
JPMorgan Chase & Co. (NYSE:JPM) jumped 1.20% to $42.93 on 40.90 million shares. JPMorgan Chase & Co.'s J.P. Morgan Worldwide Securities Services announced that it has been selected by the Government of Canada to provide an expanded set of collateral management services for derivatives.
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Citigroup Inc. (NYSE:C) went up 3.66% to $3.96 on 1.21 billion shares as private equity firm Apollo Management reached a deal to buy Citigroup Inc's real estate investment division, Bloomberg reported.
Freddie Mac (NYSE:FRE) continued the yesterday`s rally and was today up 2.34% to $1.31 on 36.32 million shares.
Fannie Mae (NYSE:FNM) gained 2.80% to $1.10 on 58.58 million shares.
Bank of America Corporation (NYSE:BAC) surged 1.85% to $17.11 on 222.93 million shares.
American International Group, Inc. (NYSE:AIG) soared 10.59% to $36.24 on 70.65 million shares. The company this week announced that an underwritten public offering of 8,466,693 shares of Transatlantic Holdings, Inc. (TRH) common stock owned by American Home Assurance Company (AHAC), a subsidiary of American International Group, Inc., was priced at a public offering price of $53.35 per share.
National Bank of Greece (ADR) (NYSE:NBG) also rose 1.40% to $4.34 on 5.45 million shares.
Wells Fargo & Company (NYSE:WFC) went up 2.04% to $29.57 on 42.57 million shares.
Lloyds Banking Group PLC (ADR) (NYSE:LYG) gained 2.79% to $3.32 on 4.74 million shares after Dow Jones reported that Lloyds TSB Bank PLC, part of Lloyds Banking Group plc, has priced its inaugural U.K.-regulated covered bond, via joint-lead managers Deutsche Bank AG, Landesbank Baden-Wuerttemberg, Natixis and Lloyds.
JPMorgan Chase & Co. (NYSE:JPM) jumped 1.20% to $42.93 on 40.90 million shares. JPMorgan Chase & Co.'s J.P. Morgan Worldwide Securities Services announced that it has been selected by the Government of Canada to provide an expanded set of collateral management services for derivatives.
ABOUT http://www.PennyStockPickAlert.com
Penny Stock Pick Alert provides free stock newsletters on various stocks of the day. These alerts help investors in making the wise stock market investments. Till date thousands of our subscribers have made huge gains using our daily stock alerts. We provide alerts on hot stocks, midcap & smallcap penny stocks, most active stocks and much more. You can become leader in stock market by keeping track of the daily activity.
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Email us
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