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Expense Management the Focus for These Banking Stock: Bank of America Corp (BAC), Citigroup Inc. (C), Morgan Stanley (MS)

From Insider Monkey - Free Hedge Fund and Insider Trading Data
January 21, 2013 - 8:40pm
Citigroup Inc. (NYSE:C) and Bank of America Corp (NYSE:BAC), two widely followed stocks, reported their earnings for the fourth quarter of 2012 on Jan. 17. Soon after the announcement both fell 3% and 3.5%, respectively, while regionals flew higher. In contrast, Morgan Stanley (NYSE:MS)’s shares were up 3% after the announcement of its performance for [...]

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