Citigroup Inc. (NYSE:C) slid 0.97%
to $4.07. Yesterday, the company announced that it has declared dividends on
preferred stock as follows: .5% Non-Cumulative Convertible Preferred Stock, Series
T, payable November 15, 2010, to holders of record on November 5, 2010.
Over the
past 52-week, the stock had traded within the range of $3.11-$5.07 and is up
more than 22% year-to-date.
Bank of America Corporation (NYSE:BAC) fell 3.32%
to $11.36. Yesterday, the company announced a corrected payment date on the
quarterly cash dividend of $0.4140625 per depositary share on the 6.625%
Non-Cumulative Preferred Stock, Series I originally announced October 4, 2010.
The dividend is payable on January 3, 2011 to shareholders of record as of
December 15, 2010.
The
stock made its fresh 52-week low of $11.17.
Credit
Suisse Group AG (ADR) (NYSE:CS) lost 5.31% to $42.63. The
company said Thursday that its third-quarter net profit fell 74% to 609 million
Swiss francs ($633 million) from 2.35 billion francs a year earlier as trading
was hurt by low market volumes and subdued client activity.
The stock opened at $43.53 and has a 52-week range of $36.36-$60.08.
In the past one month of trading sessions, the stock went down more than 6%.
BB&T Corporation (NYSE:BBT) dropped
1.31% to $22.62. The company on Thursday said third-quarter net income
available to common shareholders totaled $210 million, or 30 cents a share,
compared with $152 million, or 23 cents a share, in the same period in 2009.
A survey
of analysts by FactSet Research had produced a consensus earnings forecast of
25 cents a share.
Article published by Wall Street Grand. Visit the Wall Street Grand Club today.
For our full disclosure please visit - http://www.wallstreetgrand.com/disclosure.html