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Los Angelas, CA -- (SBWIRE) -- 12/11/2012 -- Bank of America Corp (NYSE:BAC) ended lower by US$0.07 (or -0.61%) to US$10.57 with more than 147.75 million shares exchanged hands for the session, compared to its average volume of 156.92 million shares. Bank of America has a market capitalization of US$113.92 billion with price range within US$4.92 - US$10.68 over the past 52 weeks.
Will BAC Stable This Top Position? Find Out Here
American International Group, Inc. (NYSE:AIG) announced its agreement with a Chinese investor group led by Mr. Weng Xianding, the Chairman of New China Trust Co. Ltd. Under the terms of agreement, American International Group has agreed to sell up to 90% stake of its airplane leasing unit, International Lease Finance Corporation, to the investor group for approximately US$5.28 billion.
Can AIG Extend Gain? If Yes, How Far It Can Go? Find Out Here
Morgan Stanley (NYSE:MS) might seek approval from U.S. regulators to repurchase shares for the first time in more than four years, the Wall Street Journal reported late yesterday. Morgan Stanley (NYSE:MS) could make the request to the U.S. Federal Reserve when it submits plans for its annual stress test in January. According to a filing with the U.S. Securities and Exchange Commission, Morgan Stanley (NYSE:MS) had about $1.6 billion remaining under its existing share-buyback program as of September 30, 2012. Morgan Stanley (NYSE:MS)’s shares rose 1 percent in early morning trade.
Can MS Continue To Move Higher? Find Out Here
Genworth Financial, Inc. (NYSE:GNW) climbed 36 cents, or 5.4 percent, to $7.08 at 10:14 a.m. in New York. The company had gained 2.6 percent this year through yesterday, compared with the 13 percent advance of the Standard & Poor’s 500 Index. Genworth Financial, Inc. (NYSE:GNW) is a financial security company. It provides insurance, wealth management, investment and financial solutions.
How Should Investors Trade GNW After Today’s Rally? Find Out Here
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