Hot Stocks Earnings Forecast: BAC, C, KEY

Los Angelas, CA -- (SBWIRE) -- 01/24/2013 -- Bank of America Corp (NYSE:BAC) led the NYSE in volume yesterday and traded over 120 million shares. On November 16th 2012, BAC shares were trading as low as $8.92 which represents a gain of nearly 30% at Wednesday's closing price of $11.42. Bank of America said Wednesday that it has named two new members to its board of directors. BAC's CEO and CFO purchased a combined total of 27,516 shares on January 15th.

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

Can BAC Extend This Massive Gain? Find Out Here

Citigroup Inc. (NYSE:C)announced net income of US$1.2 billion, or US$0.38 per diluted share, compared with net income of US$956 million, or US$0.31 per diluted share, for the same quarter of 2011. Moreover, the company's private bank has recently agreed to sell a portion of its U.S. trust business to privately-held Reliance Financial Corporation.

Citigroup Inc. is a global diversified financial services holding company whose businesses provide consumers, corporations, governments and institutions with a broad range of financial products and services.

What Are C’s Charts Signaling For Traders? Find Out Here

KeyCorp (NYSE:KEY) shares ended lower by US$0.06 (or -0.64%) to US$9.30 with more than 24.95 million shares exchanged hands for the session, compared to its average volume of 14.36 million shares. Its price, as of the latest close, was up 37% compared with the 52-week low and was 2% below the 52-week high.

KeyCorp is a bank holding company for KeyBank National Association (KeyBank). Through KeyBank and certain other subsidiaries, the Company provides a range of retail and commercial banking, commercial leasing, investment management, consumer finance and investment banking products and services to individual, corporate and institutional clients

Is KEY a Solid Investment at These Levels? Find Out Here

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