Notable News recap: Bank of America Corp (NYSE:BAC), Sirius XM Holdings Inc.(NASDAQ:SIRI)

On Monday, Shares of Bank of America Corp (NYSE:BAC), added 5.57% and closed at $20.08 in the last trading session. The last trading range of the stock ranges between $19.40 and $20.20. The company’s Market capitalization is $205.72 Billion with the total Outstanding Shares of 10.11 billion. During the 52-week trading session the minimum price at which share price traded, registered at $10.99 and reached to max level of $20.20. The EPS of company is strolling at 1.35. Several big-name hedge fund shareholders remained significantly underweight financial stocks at the end of the third quarter, assisting sow the seeds of the rally in bank shares following Donald Trump’s surprising victory in the U.S. presidential race.

Omega Advisors, run by billionaire Leon Cooperman and Steven Einhorn, dissolved its stake in Citigroup Inc and significantly cut its positions in Synchrony Financial during the quarter that ended Sept. 30, according to regulatory filings. Shares of both companies are up by more than 10 percent over the last five days.

Third Point LLC, meanwhile, run by billionaire Daniel S. Loeb, significantly cut its position in Chubb Limited in the same quarter. Shares of the insurance company are up nearly 4 percent since Trump’s victory.source reuter

Shares of Sirius XM Holdings Inc.(NASDAQ:SIRI), jumped 2.87% and closed at $4.49 in the last trading session. The last trading range of the stock ranges between $4.36 and $4.56. The company’s Market capitalization is $21.04 Billion with the total Outstanding Shares of 4.82 billion. During the 52-week trading session the minimum price at which share price traded, registered at $3.29 and reached to max level of $4.56. The EPS of company is strolling at 0.13. Recently SiriusXM declared that Dave Ramsey, America’s trusted voice on money and business, will bring his award-winning program “The Dave Ramsey Show” to SiriusXM. The nationally syndicated show can be heard on Sirius channel 145 and XM channel 207 starting on November 14.

One of the country’s leading voices on personal finance, Ramsey has assisted millions of people get out and stay out of debt, build wealth, retire with dignity, and give generously. His nationally syndicated program is heard by more than 12 million listeners each week, and now SiriusXM subscribers will have the opportunity to call into the live program and get practical financial advice for their money problems. Monday through Friday, listeners can tune in from 2:00-5:00 pm ET, in addition to stream the show via the SiriusXM app on channel 790.

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