US stocks tumbled into the negative zone Tuesday after declining oil prices dragged energy stocks down, adding to dissatisfaction over Alcoa’s uninspiring sales numbers and a severe re-evaluation of Japan’s nuclear situation. Japan Nuclear crisis ranked to Chernobyl level by the Japanese nuclear-safety authorities.
Let’s have a glance on stocks which are frequently changing hands in today’s trading session.
Citigroup Inc. (NYSE:C) is planning to raise $288 million by putting up for sale at least 12 million shares of life insurer Primerica, in accordance with documents submitted on Tuesday. Citigroup took Primerica public a year before after it was incapable to put up for sale the life insurance company via an auction. Since spinning off the asset, Citigroup has been steadily sinking its stake in the insurer.
C went down 1.10% to $4.48 with the total traded volume during last trading session was 128.89 million shares. Its total outstanding shares are 29.12 billion shares with the market capitalization of $130.45 billion. Its beta value stands at 2.53 times. Its return on equity was 6.67%.
SPDR S&P 500 ETF (NYSE:SPY) lost 0.88% to $131.30 with the total traded volume of 73.52 million shares having the average volume of 155.67 million.
Its shares were trading within the range of $130.99-$131.98 while its opening price was $131.72. Its market capitalization is $88.72 billion. Its stock price 52 weeks low was $101.13 and 52 weeks high price was $134.69.
PPL Corporation (NYSE:PPL) recently declared that it has priced its simultaneous offerings of common stock and equity components. Takings of the offerings will be used principally to reimburse a portion of the 3.6 billion pounds Sterling Bridge Term Loan Facility used to fund PPL’s freshly concluded 4.1 billion pound purchase of the Central Networks electricity distribution businesses in the United Kingdom.
PPL jumped 1.67% to $26.12 with the total traded volume of 53.95 million shares more than average volume of 5.71 million. Its 52 weeks price change was -8.71%. Its market capitalization is $12.66 billion. Its earning per share was $2.26 with the net profit margin of 11.45% and its operating margin was 21.86%. It gained 13.88% return on equity.
Alcoa Inc. (NYSE:AA) moved down 6.47% to $16.61. Its total traded volume during last trading session was 47.20 million shares.
Company’s 5 years revenue rate remained -3.85%. Its current ratio was 1.31 and debt to equity was 0.67. The total market capitalization is $18.88 billion.
