EdgeWater 12/1/2010 11:49:55 PM
News / Business

Financial Stocks Ended Lower (Bank of America Corporation, KEY, MTG)

Financial Stocks Ended Lower

Bank of America Corporation (NYSE:BAC) dropped 3.18% to $10.95 on about 267.10 million shares. Bank of America Corporation is a bank holding company, and a financial holding company. The Company is a financial institution, serving individual consumers, small and middle market businesses, large corporations and governments with a range of banking, investing, asset management and other financial and risk management products and services.

The 52-week range of the stock is $10.91-$19.86. The stock made its new 52-week low of $10.91.

KeyCorp (NYSE:KEY) dropped 2.21% to $7.53 on over 9.70 million shares.

KeyCorp is a bank holding company and a financial holding company. It is the parent holding company for KeyBank National Association (KeyBank), its principal subsidiary, through which its banking services are provided.

MGIC Investment Corp. (NYSE:MTG) ended 1.05% lower at $8.52. MGIC Investment Corporation is a holding company. Through its wholly owned subsidiaries, the Company provides private mortgage insurance in the United States.

The stock opened at $8.49 and was trading within the range of $8.35-$8.58. At today`s closing market price, the market capitalization of the company stands at $1.71 billion.

Article published by Wall Street Grand. Visit the Wall Street Grand Club today.

SAFE LINK

Disclaimer:

For our full disclosure please visit - http://www.wallstreetgrand.com/disclosure.html