Notable Movers: General Electric Company, Bank of America Corp, Hewlett-Packard, Swingplane Ventures

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Notable Movers: General Electric Company, Bank of America Corp, Hewlett-Packard, Swingplane Ventures

NEW YORK, February 27, 2013 -, one of the leaders in providing investment alerts on U.S. stocks are announcing Investment Highlights on General Electric Company, Bank of America Corp, Hewlett-Packard, Swingplane Ventures. 

GE Capital Corp, General Electric Company(NYSE:GE)’s finance arm, is under a regulatory review to evaluate whether it requires additional scrutiny as a source of risk to the U.S. economy in the event that it fails.

Is GE a Buy After The Latest Price Movement? Let’s Find Out Here

GE, in a regulatory filing said that GE Capital was "under consideration for a proposed determination as a nonbank systemically important financial institution,” and “such a determination would subject GECC to proposed enhanced supervisory standards.”

Other companies which are under a similar evaluation include insurers such as American International Group and Prudential Financial.

Bank of America Corp(NYSE:BAC)’s settlement with mortgage-bond investors will be heard on May 30 by a state court judge in New York, Bloomberg reported on Wednesday.

Is BAC Ready To Move back To New highs Amid growing Business? Get Special Report Here

Justice Barbara Kapnick of New York State Supreme Court in Manhattan signed a scheduling order yesterday setting the hearing to review the settlement.

BofA had proposed a settlement of $8.5 billion with the bond investors and hearing is to consider granting approval to the deal. Any objections or opposition to the settlement has to be filed by May 3. 

On Tuesday Hewlett-Packard Company(NYSE:HPQ) said that it would sell its WebOS operating system and the associated engineering staff to LG Electronics.

The company has set an ambitious target of returning to revenue growth in fiscal 2014.

Shares in HP rose 3.8 percent to $19.79 in at the close in New York. They have gained 39 percent so far this year.

Is HPQ Still a Buy After The Solid Earnings? Let’s Find Out Here

SWINGPLANE VENTURES(OTC:SWVI) shares are showing sharp sell off and slumped 35% to $0.45. The stock has been showing very volatile moves over the past few weeks and SWVI made a high of $1. The stcok then pulled back to $0.40 earlier this week. However, those correctiosn were short lived and the stock once again bounced back to $0.85.

But, today the stock again pulled back on hefty volume. Seems like, SWVI is a pump an dump story. Get More details About SWVI Here

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