Dallas 11/4/2010 11:49:06 PM
News / Business

Large Cap Stock Gainers (Citigroup Inc., BAC, LVS, General Electric)

Large Cap Stock Gainers

Citigroup Inc. (NYSE:C) added 0.84% to $4.22 after the Bloomberg yesterday reported that The U.S. bank that’s liquidating assets after its $45 billion bailout may sell about $570 million of investments with buyout firm CVC Capital Partners Ltd.

The company has Price/Book ratio of 0.75. The stock has the 50- Day Moving Average and 200-Day Moving Average prices of $4.06 and $4.02 respectively.

Bank of America Corporation (NYSE:BAC) went up 1.87% to $11.73. Over the past 52-week, the stock traded within the range of $11.03-$19.86. The 52-week range of the stock is $11.03-$19.86.

The median Wall Street price target on the stock is $18 and the high target is set at $26 with majority of analysts have a Strong Buy rating on the company`s stock. The stock has the 50- Day Moving Average and 200-Day Moving Average prices of $12.68 and $14.42 respectively.

Las Vegas Sands Corp. (NYSE:LVS) rose 2.06% to $50.91 after it created its fresh 52-week high of $51.07. Yesterday, the company announced that its Board of Directors has declared a quarterly dividend payment of $2.50 per share on its outstanding 10% Series A Cumulative Perpetual Preferred Stock to stockholders of record at the close of business on November 2, 2010.

The dividend payment will be made on November 15, 2010, as specified in the Certificate of Designation for the preferred stock.

General Electric Company (NYSE:GE) gained 2.05% to $16.37 on over 28.66 million shares. The stock went up more than 6% year-to-date. Over the past 52-week, the stock traded within the range of $13.75-$19.70.

The median Wall Street price target on the stock is $20 and the high target is set at $25 with majority of analysts have a Buy rating on the company`s stock. The stock has the 50- Day Moving Average and 200-Day Moving Average prices of $16.40 and $16.20 respectively.


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