Worth Watching Stocks Buzz: Yahoo! Inc. (NASDAQ:YHOO), New Residential Investment Corp (NYSE:NRZ), Bank of America Corp (NYSE:BAC)

On Thursday, Shares of Yahoo! Inc. (NASDAQ:YHOO), subtract -0.07% and closed at $XX in the last trading session. The last trading range of the stock ranges between $XX and $XX. A Yahoo operation in 2015 to scan the incoming email of its customers for specific information identified by the U.S. government was authorized under a foreign intelligence law, U.S. government officials familiar with the matter said.

Reuters on Tuesday reported that the Yahoo program was in response to a classified U.S. government request to scan emails belonging to hundreds of millions of Yahoo users.

The revelation rekindled a long-running debate in the United States over the proper balance between digital privacy and national security.source reuter

New Residential Investment Corp (NYSE:NRZ), jumped 1.93% and closed at $13.73 in the last trading session. The last trading range of the stock ranges between $13.43 and $13.75. The company’s Market capitalization is $3.39 Billion with the total Outstanding Shares of 250.49 Million. New Residential Investment Corp., a real estate investment trust, focuses on investing in and managing residential mortgage related assets in the United States. It operates through Servicing Related Assets, Residential Securities and Loans, and Other Investments segments. The company invests in excess mortgage servicing rights (MSRs) on residential mortgage loans; and in servicer advances, counting the basic fee component of the related MSRs. It also acquires and manages a diversified portfolio of credit sensitive real estate securities, such as non-agency and agency residential mortgage backed securities; and acquires residential mortgage loans comprising performing, non-performing, re-performing, and reverse mortgage loans. In addition, the company has an interest in a portfolio of consumer loans, counting unsecured and homeowner loans. The company qualifies as a real estate investment trust for federal income tax purposes.

Bank of America Corp (NYSE:BAC), gained 0.68% and closed at $16.22 in the last trading session. The last trading range of the stock ranges between $16.03 and $16.23. During the 52-week trading session the minimum price at which share price traded, registered at $10.99 and reached to max level of $18.09. Bank of America Corporation, through its auxiliaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional shareholders, large corporations, and governments worldwide. It operates through five segments: Consumer Banking, Global Wealth & Investment Administration, Global Banking, Global Markets, and Legacy Assets & Servicing. The Consumer Banking segment offers traditional and money market savings accounts, CDs and IRAs, noninterest- and interest-bearing checking accounts, and investment accounts and products, in addition to credit and debit cards, residential mortgages and home equity loans, and direct and indirect loans. This segment provides its products and services through about 4,700 financial centers, 16,000 ATMs, call centers, and online and mobile platforms. The Global Wealth & Investment Administration segment offers investment administration, brokerage, banking, and retirement products, in addition to wealth administration and customized solutions. The Global Banking segment provides lending products and services, counting commercial loans, leases, commitment facilities, trade finance, real estate lending, and asset-based lending; treasury solutions, such as treasury administration, foreign exchange, and short-term investing options; working capital administration solutions; and debt and equity underwriting and distribution, and merger-related and other advisory services. The Global Markets segment offers market-making, financing, securities clearing, settlement, and custody services, in addition to risk administration, foreign exchange, fixed-income, and mortgage-related products.

Leave a Reply

Your email address will not be published. Required fields are marked *