Tuesday`s Top 5 Active Stock Gainers (Citigroup, GE, Ford , CTIC, BAC)
Top 5 Active Gainers.
(EMAILWIRE.COM, March 16, 2010 ) Dallas, Tx - Citigroup Inc. (NYSE:C) added 1.41% to $3.94 on 32.97 million shares. The company announced that it will pay $520 million (269.7 billion Chilean pesos) to increase its stake in Banco de Chile SA, which will make Citigroup the controlling shareholder of the Chilean bank, according to a new regulatory filing made on Monday with Chile’s securities regulator. Citi acquired an additional 8.52% share in LQ Inversiones Financieras SA, exercising its option to reach a controlling 50% stake in the holding company.
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General Electric Company (NYSE:GE) is up 1.68% to $17.58 on 1.07 million shares. GE's GE Capital, Restructuring Finance announced that it is sole collateral agent for a $109 million cash flow plan of reorganization credit facility for Muzak, a provider of music and sensory branding services for businesses. The loan supports Muzak's exit from bankruptcy and ongoing working capital needs.
Ford Motor Company (NYSE:F) fell marginally after rising 4.5% in the past four trading sessions . Today, UBS raised its price target on shares of Ford (NYSE:F) to $15 as the company continues to gain market share from its competitors. The firm sees continued sales growth at the expense of GM and Chrysler and maintains its Buy rating.
Cell Therapeutics, Inc. (NASDAQ:CTIC) soars 2.97% to $1.04. So far the stock is up over 862% in the last one year of trading sessions.
Bank of America Corporation (NYSE:BAC) surges 0.65% to $16.96. The company plans to seek approval to expand its operations in China, the Wall Street Journal reported on Sunday, citing people familiar with the situation.
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General Electric Company (NYSE:GE) is up 1.68% to $17.58 on 1.07 million shares. GE's GE Capital, Restructuring Finance announced that it is sole collateral agent for a $109 million cash flow plan of reorganization credit facility for Muzak, a provider of music and sensory branding services for businesses. The loan supports Muzak's exit from bankruptcy and ongoing working capital needs.
Ford Motor Company (NYSE:F) fell marginally after rising 4.5% in the past four trading sessions . Today, UBS raised its price target on shares of Ford (NYSE:F) to $15 as the company continues to gain market share from its competitors. The firm sees continued sales growth at the expense of GM and Chrysler and maintains its Buy rating.
Cell Therapeutics, Inc. (NASDAQ:CTIC) soars 2.97% to $1.04. So far the stock is up over 862% in the last one year of trading sessions.
Bank of America Corporation (NYSE:BAC) surges 0.65% to $16.96. The company plans to seek approval to expand its operations in China, the Wall Street Journal reported on Sunday, citing people familiar with the situation.
ABOUT http://www.wepickpennystocks.com
Wepickpennystocks provide Stock Newsletter on various stocks of the day. To make the right investment in the stock business you need up to date information of daily stocks. We provide stock alerts on penny stocks, financial stocks, technical stocks, most active stocks and much more. Our hot stock alerts will help you gain insight into the stock trading so that you can make maximum profit.
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Robert
Tel: 214-5566798
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
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