Bank of America Corporation (NYSE:BAC) has been most active among Dow Jones components in today’s trading session. The traded volume has reached the figure of 195.71 million shares in the second half of the trading session whereas its average traded volume stands at 166.54 million shares per day. The share price has declined more than 1.3 percent in today’s trading session to $13.69 over the news the US Federal Reserve has objected on plans of Bank of American to increase its dividends. Among its other news Prosperity Resources Limited has also announced its shareholding structure according to which holds 2.4 million shares of outstanding common stock of Prosperity Resources Limited.
General Electric Company (NYSE:GE) has gained 0.21 percent to $19.53 with traded volume 35.95 million shares towards the end of the trading session. The share price maintains the average traded volume of 64.64 million shares per day. The share price has been moving on several updates which include appointment of Karl S. Fessenden as the new company officer. In other news General Electric’s fully owned subsidiary GE Capital has entered in an agreement to provide an asset based credit facility to Winn-Dixie Stores, Inc.
Intel Corporation (NASDAQ:INTC) has surged more than 0.6 percent in today’s session to $20.28 with traded volume of 29.74 million shares towards the end of the session. Intel has just announced a newly developed comprehensive database security solution from its McAfee brand which offers high security and protection for business critical database. The share price is currently trading at a price to earnings of 10.02 times which makes it very attractive for investors believing in fundamentals.Previous Post » Bearish Stocks at Dow Jones Industrial Average