Most Active NYSE Stock Movers (BAC, S, C)

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Bank of America Corporation (NYSE:BAC) is up 0.79% to $15.16 on 44.32 million shares after the company announced that the Board of Directors authorized a regular quarterly dividend of $18.125 per share on the 7.25% Non-Cumulative Perpetual Convertible Preferred Stock, Series L. The dividend is payable on February 1, 2010 to shareholders of record as of January 1, 2010.

Sprint Nextel Corporation (NYSE:S) declines 4.33% to $3.76 on 13.22 million shares after the company on 9, December, 2009 was upgraded from Hold to Buy by Citigroup. Sprint Nextel Corporation is a holding company that offers a range of wireless and wire line communications products and services for individual consumers, businesses and government customers. The Company conducts its operations through two segments: Wireless and Wire line.

CITIGROUP INC (NYSE:C) decreases 7.10% to $3.21 on 1.95 billion shares after Citigroup Inc. announced the pricing of 5.4 billion common shares and 35 million tangible equity units as part of agreement with the U.S. government and its regulators to repay U.S. taxpayers for $20 billion government holds in TARP trust preferred securities and to terminate loss-sharing agreement with the government. The common stock priced at $3.15 per share, generating net proceeds of approximately $17 billion.

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