Highly Traded Stocks at NYSE (C, ALU, S, CIM, SNV)

Dear PSL members Citigroup Inc. (NYSE: C) Citigroup Inc. (NYSE:C) recently for Japan appointed equity strategist Tsutomu Fujita as a new Director and Vice Chairman. It is also involved in process of testing and evaluating iPhone for corporate e-mail to make the communication secure. The Stock price advanced 3.34% with the closing price of $4.33. The overall volume in last trading session was 659.27 million shares as compared to its average volume of 517.40 million shares. The price range of stock in 52 weeks remained $3.11 – $5.07. Alcatel-Lucent (ADR) (NYSE:ALU) after announcement of its weak financial results declined 9.84% with the closing price of $3.25. The overall volume in last trading session was 72.31 million shares as compared to its average volume of 19.05 shares. The price range of stock in 52 weeks remained $2.25 – $4.00. Its 3Q 2010 Revenue grew by 10.5% in comparison of Q3 in 2009 but gross margin went down to 33.8% but recovered from 33.4% of previous 3rd Quarter. Sprint Nextel Corporation (NYSE: S) surged 0.49%, closing the day at $4.09 with the over all traded volume of 52.98 million shares for the day. Its market capitalization is $12.23 billion. Sprint Nextel Corporation offers wireless and wireline communications products and services to consumers, businesses, and government users in the United States, Puerto Rico, and the U.S. Virgin Islands. Chimera Investment Corporation (NYSE: CIM) gained 4.66%, closing the day at $4.04 with the over all traded volume of 44.10 million shares for the day. Its market capitalization is $3.57 billion. Chimera Investment Corporation, a real estate investment trust, invests in residential mortgage backed securities (RMBS), residential mortgage loans, real estate-related securities, asset backed securities (ABS), and various other asset classes in the United States. Synovus Financial Corp. (NYSE: SNV) increased 4.90%, closing the day at $2.14 with the over all traded volume of 38.49 million shares for the day. Its market capitalization is $1.68 billion. Synovus Financial Corp., a diversified financial services and bank holding company, provides commercial and retail banking, financial management, insurance, and mortgage services in Georgia, Alabama, South Carolina, Florida, and Tennessee.
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