Salesforce.com Dips on SEC Chatter and 4 Hot Stocks Attracting Attention

The Goldman Sachs Group, Inc. (NYSE:GS):  Current price $139.35

Goldman Sachs Group, Inc. and Morgan Stanley (NYSE:MS) have reached agreements, in principle, with the Federal Reserve Board to pay $557 million in cash payments and other assistance to help mortgage borrowers. These agreements are similar to those announced on January 7 between 10 mortgage servicing companies and the Office of the Comptroller of the Currency and the Federal Reserve Board. Like the other institutions, Goldman Sachs and Morgan Stanley were subject to enforcement actions for deficient practices in mortgage loan servicing and foreclosure processing. The sum paid by Goldman Sachs and Morgan Stanley includes $232 million in direct payments to eligible borrowers and $325 million in other types of assistance such as loan modifications and forgiveness of deficiency judgments.

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Salesforce.com (NYSE:CRM):  Current price $170.24

Salesforce.com moved lower on rumors of a Securities and Exchange Commission filing.

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Chipotle Mexican Grill, Inc. (NYSE:CMG): Current price $280.67

Monty Moran, Co-Chief Executive Officer of Chipotle Mexican Grill, said in a statement, “We are pleased with our top line revenue growth, as we opened a record number of new restaurants in 2012, and underlying comparable transaction growth continued during the fourth quarter. While food costs driven by underlying inflation increased faster than expected in the fourth quarter, we are optimistic that food inflation will level off in 2013. We are confident in our ability to continue to drive attractive top line sales growth in 2013 through a combination of new restaurant growth and by having teams of empowered top performers providing an extraordinary dining experience for our customers.”

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Bank of America (NYSE:BAC):  Current price $11.68

According to the New York Times, American International Group (NYSE:AIG), which has already been fighting a legal battle with Bank of America over claims that the bank sold their defective mortgages securities, is now seeking to sue other banks that sold them mortgage-backed securities. However, they must first win a separate court fight with an entity controlled by the New York Federal Reserve Bank. AIG has not named the banks, but possibilities include Goldman Sachs (NYSE:GS), J.P Morgan (NYSE:JPM) and Deutsche Bank (NYSE:DB).

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Nokia Corporation (NYSE:NOK): Current price $4.6254

According to IT sources, Senior officials of the multi-national audit firm Pricewaterhousecoopers and auditors for Nokia India appeared before the income tax (investigation) department and were questioned in connection with the alleged tax default by the Finnish handset maker’s plant there. “They have come for interrogation. This is all I can say,” a senior income tax (investigation) official said.

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