Highly Active Stocks in Morning Trading October 17th

Wall St. Watchdog reveals information about today’s heavily traded shares on the morning of October 17th as the Dow Jones Industrial Average trades at 11,492 and the S&P 500 trades at 1,210:

  • Bank of America Corp (NYSE:BAC): 35.90 million shares have traded hands and its market capitalization is $61.82 billion. About the equity: 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.
  • El Paso Corporation (NYSE:EP): 33.14 million shares have traded hands and its market capitalization is $18.64 billion. About the equity: El Paso Corporation operates natural gas pipeline and storage facilities, transports natural gas, and imports liquefied natural gas. El Paso also explores for and produces natural gas. The Company has operations in the United States, Brazil, and Egypt.
  • Brigham Exploration Company (NASDAQ:BEXP): 24.81 million shares have traded hands and its market capitalization is $4.27 billion. About the equity: Brigham Exploration Company, an independent exploration and production company, applies 3-D seismic imaging and other technologies to explore and develop onshore domestic natural gas and oil resources. The Company’s exploration activities are concentrated primarily in the Anadarko Basin, the Gulf Coast, the Williston Basin, and the west Texas region of the United States.
  • Citigroup Inc. (NYSE:C): 24.32 million shares have traded hands and its market capitalization is $83.48 billion. About the equity: 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.
  • PowerShares QQQ Trust, Series 1 (NASDAQ:QQQ): 18.27 million shares have traded hands and its market capitalization is $48.50 billion. About the equity: PowerShares QQQ is an exchange-traded fund incorporated in the USA. The Fund represents undivided ownership interests in the PowerShares QQQ. The Fund’s objective is to provide investment results that generally correspond to the price and yield performance of the component securities of the Nasdaq 100 Index.
  • Wells Fargo & Company (NYSE:WFC): 15.38 million shares have traded hands and its market capitalization is $132.37 billion. About the equity: 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.
  • Sprint Nextel Corporation (NYSE:S): 14.11 million shares have traded hands and its market capitalization is $8.32 billion. About the equity: Sprint Nextel Corporation offers a range of wireless and wireline communications services to consumer, business, and government customers. The Company develops, engineers, and deploys various technologies, including two wireless networks offering mobile data services, instant national and international push-to-talk capabilities, and a global Tier 1 Internet backbone.
  • Ford Motor Company (NYSE:F): 12.01 million shares have traded hands and its market capitalization is $43.89 billion. About the equity: Ford Motor Company designs, manufactures, and services cars and trucks. The Company also provides vehicle-related financing, leasing, and insurance through its subsidiary.
  • Halliburton Company (NYSE:HAL): 10.21 million shares have traded hands and its market capitalization is $31.97 billion. About the equity: Halliburton Company provides energy services and engineering and construction services, as well as manufactures products for the energy industry. The Company offers services and products and integrated solutions to customers in the exploration, development, and production of oil and natural gas.
  • Sirius XM Radio Inc. (NASDAQ:SIRI): 9.72 million shares have traded hands and its market capitalization is $7.31 billion. About the equity: Sirius XM Radio Inc. broadcasts various channels of audio from its satellites. The Company provides its services throughout the continental United States for a monthly subscription fee. Sirius delivers various streams of commercial-free music in every genre, as well as streams of news, sports, weather, talk, comedy, and public radio.

(Note: Selected financial data are sourced from Google Finance. All data are assumed to be accurate.)

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