Financial Sector Stock Market Review As Bank of America Declines

Wall St. Watchdog reveals information on today’s market action by the top stocks, as measured by market capitalization, in the Financial sector:

  1. General Electric Company (NYSE:GE): The shares closed at $15.54, up $0.43, or 2.85%, on the day. They have traded in a 52-week range of $14.25 to $21.65. Volume today was 69,312,613 shares, against a 3-month average volume of 64,406,200 shares. Its market capitalization is $164.73billion, its trailing P/E is 12.23, its trailing earnings are $1.27 per share, and it pays a dividend of $0.60 per share, for a dividend yield of 4.00%. About the company: General Electric Company is a diversified technology, media and financial services company. The Company offers products and services ranging from aircraft engines, power generation, and water processing technology to medical imaging, business and consumer financing, media content and industrial products. General Electric conducts operations globally.
  2. Berkshire Hathaway Inc. (NYSE:BRK-A): The shares closed at $103,850.00, up $2, or 1.98%, on the day. They have traded in a 52-week range of $100,265.00 to $131,463.00. Volume today was 693 shares, against a 3-month average volume of 58,220 shares. Its market capitalization is $171.77billion, its trailing P/E is 13.92, its trailing earnings are $7,457.95 per share. About the company: Berkshire Hathaway Inc. is a holding company owning subsidiaries in a variety of business sectors. The Company’s principal operations are insurance business conducted nationwide on a primary basis and worldwide on a reinsurance basis. Berkshire’s other operations include The Buffalo News, aviation training, and retail furniture businesses, as well as shoe, candy, and rug manufacturing.
  3. Berkshire Hathaway Inc. (NYSE:BRK-B): The shares closed at $69.59, up $1.79, or 2.64%, on the day. They have traded in a 52-week range of $66.51 to $87.65. Volume today was 6,233,928 shares, against a 3-month average volume of 6,190,770 shares. Its market capitalization is $115.10million, its trailing P/E is 0.01, its trailing earnings are $7,457.95 per share. About the company: Berkshire Hathaway Inc. is a holding company owning subsidiaries in a variety of business sectors. The Company’s principal operations are insurance business conducted nationwide on a primary basis and worldwide on a reinsurance basis. Berkshire’s other operations include The Buffalo News, aviation training, and retail furniture businesses, as well as shoe, candy, and rug manufacturing.
  4. HSBC Holdings plc (ADR) (NYSE:HBC): The shares closed at $42.82, up $0.91, or 2.17%, on the day. They have traded in a 52-week range of $41.39 to $59.14. Volume today was 4,838,843 shares, against a 3-month average volume of 3,459,140 shares. Its market capitalization is $150.99billion, its trailing P/E is 10.18, its trailing earnings are $4.21 per share, and it pays a dividend of $1.80 per share, for a dividend yield of 4.30%. About the company: HSBC Holdings plc is the holding company for the HSBC Group. The Company provides a variety of international banking and financial services, including retail and corporate banking, trade, trusteeship, securities, custody, capital markets, treasury, private and investment banking, and insurance. The Group operates worldwide.
  5. JPMorgan Chase & Co. (NYSE:JPM): The shares closed at $34.78, up $1.37, or 4.1%, on the day. They have traded in a 52-week range of $32.31 to $48.36. Volume today was 54,667,268 shares, against a 3-month average volume of 40,037,200 shares. Its market capitalization is $135.61billion, its trailing P/E is 7.43, its trailing earnings are $4.68 per share, and it pays a dividend of $1.00 per share, for a dividend yield of 2.90%. About the company: JPMorgan Chase & Co. provides global financial services and retail banking. The Company provides services such as investment banking, treasury and securities services, asset management, private banking, card member services, commercial banking, and home finance. JP Morgan Chase serves business enterprises, institutions, and individuals.
  6. Wells Fargo & Company (NYSE:WFC): The shares closed at $23.94, up $1.05, or 4.59%, on the day. They have traded in a 52-week range of $22.58 to $34.25. Volume today was 44,624,338 shares, against a 3-month average volume of 40,748,000 shares. Its market capitalization is $126.40billion, its trailing P/E is 9.28, its trailing earnings are $2.58 per share, and it pays a dividend of $0.48 per share, for a dividend yield of 2.10%. About the company: Wells Fargo & Company is a diversified financial services company providing banking, insurance, investments, mortgage, leasing, credit cards, and consumer finance. The Company operates through physical stores, the Internet and other distribution channels across North America and elsewhere internationally.
  7. Citigroup Inc. (NYSE:C): The shares closed at $27.32, up $1.26, or 4.83%, on the day. They have traded in a 52-week range of $25.40 to $51.50. Volume today was 67,430,428 shares, against a 3-month average volume of 46,897,800 shares. Its market capitalization is $79.72billion, its trailing P/E is 8.44, its trailing earnings are $3.24 per share, and it pays a dividend of $0.04 per share, for a dividend yield of 0.10%. About the company: Citigroup Inc. is a diversified financial services holding company that provides a broad range of financial services to consumer and corporate customers around the world. The Company’s services include investment banking, retail brokerage, corporate banking, and cash management products and services.
  8. Bank of America Corporation (NYSE:BAC): The shares closed at $6.30, down $0.12, or 1.87%, on the day. They have traded in a 52-week range of $6.01 to $15.31. Volume today was 558,207,070 shares, against a 3-month average volume of 205,155,000 shares. Its market capitalization is $63.85billion, its trailing earnings are $-1.64 per share, and it pays a dividend of $0.04 per share, for a dividend yield of 0.60%. About the company: Bank of America Corporation accepts deposits and offers banking, investing, asset management, and other financial and risk-management products and services. The Company has a mortgage lending subsidiary, and an investment banking and securities brokerage subsidiary.
  9. Banco Santander, S.A. Sponsored (NYSE:STD): The shares closed at $9.11, up $0.42, or 4.83%, on the day. They have traded in a 52-week range of $8.00 to $13.52. Volume today was 5,334,382 shares, against a 3-month average volume of 10,521,200 shares. Its market capitalization is $55.95billion, its trailing P/E is 7.73, its trailing earnings are $1.18 per share, and it pays a dividend of $0.61 per share, for a dividend yield of 7.00%. About the company: Banco Santander SA attracts deposits and offers retail, commercial and private banking, and asset management services. The Bank offers consumer credit, mortgage loans, lease financing, factoring, mutual funds, pension funds, insurance, commercial credit, investment banking services, structured finance, and advice on mergers and acquisitions.
  10. SPDR S&P 500 ETF (NYSE:SPY): The shares closed at $116.44, up $3.29, or 2.91%, on the day. About the company: SPDR S&P 500 ETF Trust is a unit investment trust incorporated in the United States. The Trust consists of a portfolio representing all 500 stocks in the S&P 500 Index.

Advantage: Check out our interactive stock charts, fundamentals, Twitter stream, and more >>

Improve Your 2011 Financial Health: Join the winning team of stock pickers with Wall St. Cheat Sheet’s acclaimed premium newsletter >>