Bank of America Corporation (NYSE:BAC)
Bank of America Corporation (NYSE:BAC), declared that David G. Leitch will succeed Gary G. Lynch as global general counsel starting January 1. Leitch, who will be based in Charlotte, will be a member of the company’s administration team reporting to Chief Executive Officer Brian Moynihan.
Lynch will remain a member of the administration team as vice chairman, a position to which he was named in July. He will continue to be an advisor to senior leaders of the company and the board of directors, focusing on the evolving international regulatory environment, corporate governance, and shareholder-related matters.
“Gary led our team in resolving the most complex and pressing legal issues our company has faced,” said Moynihan. “We will continue to benefit from his seasoned judgment and sound guidance.”
Leitch has served as general counsel of Ford Motor Company since April 2005, where his department has captured several industry awards. His experience comprises private practice in addition to public service. He served as deputy White House counsel for President George W. Bush; chief counsel for the Federal Aviation Administration; deputy assistant attorney general in the U.S. Department of Justice, Office of Legal Counsel; and law clerk to the late U.S. Supreme Court Chief Justice William H. Rehnquist.
Bank of America Corporation is a bank holding company. The company, through its auxiliaries, operates through Consumer and Business Banking; Consumer Real Estate Services; Global Wealth and Investment Administration; Global Banking; Global Markets; and Other segments. Its Consumer and Business Banking segment offers a range of deposits and consumer lending services.
Semiconductor Manufacturing Int’l (ADR) (NYSE:SMI)
On Thursday, Semiconductor Manufacturing Int’l (ADR) (NYSE:SMI)’s shares inclined 13.32% to $5.53.
SMI has 1.30% institutional ownership while its EPS ratio was 0.30. The company has 40.75 billion shares outstanding while market capitalization of the company was $4.19 billion. Price to book ratio was 1.18. Net profit margin of the company was 10.10% while gross profit margin was 27.70%. Stock volatility for the month was booked as 2.34% while for the week was recorded as 1.66%.
The mean estimate for the short term price target for Semiconductor Manufacturing Int’l (ADR) (NYSE:SMI) stands at $5.73 according to 3 Analysts. The higher price target estimate for the stock has been calculated at $6.00 while the lower price target estimate is at $5.50.
Analysts mean recommendation for the stock is 2.30. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell.
Semiconductor Manufacturing International Corporation (SMIC) is engaged in the computer-aided design, manufacturing, testing, packaging, and trading of integrated circuits and other semiconductor services, as well as designing and manufacturing semiconductor masks.
Sprint Corp (NYSE:S)
Sprint Corp (NYSE:S)’s shares gained 3.12% to $4.13.
S Its past 5-day performance at -12.68%. So far in 2015, the company has a year-to-date performance of -0.48%. The stock, as of last close, traded 33.55% up from its 52 week low and was -24.04% below its 52 week high. Its latest closing price was -9.91% below the SMA200 while the distance from SMA 50 and SMA 20 was -8.39% and -8.46% respectively.
The mean estimate for the short term price target for Sprint Corp (NYSE:S) stands at $7.28 according to 21 Analysts. The higher price target estimate for the stock has been calculated at $9.00 while the lower price target estimate is at $6.00.
Analysts mean recommendation for the stock is 2.70. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell.
Sprint Corporation is a holding company. The Company, along with its subsidiaries is a wireless communications company offering a range of wireless and wireline communications products and services.
China Petroleum & Chemical Corp (ADR) (NYSE:SNP)
At the end of Thursday’s trade, China Petroleum & Chemical Corp (ADR) (NYSE:SNP)‘s shares surged 0.52% to $67.39.
SNP has market capitalization of $97.41 billion. Its current ratio was -0.80 while its shares were below its 50 days simple moving average with -1.36%. while its 25.50 billion shares were outstanding. YTD performance of the company was -16.81%. Stock volatility for the week was 2.12% while for the month it was shown at 1.81%.
The mean estimate for the short term price target for China Petroleum & Chemical Corp (ADR) (NYSE:SNP) stands at $90.41 according to 2 Analysts. The higher price target estimate for the stock has been calculated at $90.56 while the lower price target estimate is at $90.25.
Analysts mean recommendation for the stock is 2.00. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell.
China Petroleum & Chemical Corporation (Sinopec Corp.) is an energy and chemical company. The Company through its subsidiaries engages in oil and gas and chemical operations in the People’s Republic of China (PRC).
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