Bank of America Corporation (BAC) saw shares advancing 3.80% or $0.46 per share to close at $12.57 on volume of 319,033,593 shares traded during Friday's trading session. Shares of Bank of America Corp. advanced sharply on Friday after the company announced that its board has approved a repurchase plan of $5 billion in its common stock and $5.5 billion in its preferred stock. This authorization comes after the Federal Reserve reported to the company that its 2013 Comprehensive Capital Analysis and Review had been completed with no objections. Will shares of BAC continue to rise following this positive announcement or will we see traders looking to secure profits? Find out our thoughts in our exclusive report at: http://squawkboxstocks.com/reports/BAC
BlackBerry (BBRY) saw shares declining 0.46% to close Friday's trading session at $14.99 on volume of 39,217,929 shares traded. Earlier in the week BlackBerry, formerly known as Research In Motion Ltd., said it had received an order for one million of its new smartphones, marking the largest ever single purchase in the company's history. Will this positive news push shares higher to start the week? Find out more in our exclusive report at: http://squawkboxstocks.com/reports/BBRY
VirnetX Holding Corp. (VHC) saw shares declining 15.26% or $3.93 per share to close Friday at $21.82 on volume of 7,562,405 shares traded. On Thursday the company announced that on March 14, 2012, a Jury in the Eastern District of Texas determined that asserted claims of VirnetX's '504, '211, and '135 patents are valid over prior art asserted by Cisco. The Court in this case granted a judgment as a matter of law that Cisco failed to prove that VirnetX's '759 patent was invalid. The Jury also determined that VirnetX did not prove that accused Cisco products infringed the patents in this case. With the jury's decision now out of the way will we see shares bounce back to start the week? Find out our thoughts in our exclusive VirnetX Holding Corp. report at: http://squawkboxstocks.com/reports/VHC
Facebook, Inc. (FB) saw shares declining 1.46% or $0.40 per share to close Friday at $26.65 on volume of 31,597,364 shares traded. On Thursday, the world's largest social network announced a partnership with Netflix, Inc. that will allow subscribers to share with others which movie titles they have been watching. Will we see shares of Facebook, Inc. rebound to start the week or was Friday's slide the beginning of a new down trend? Find out our thoughts in our exclusive Facebook, Inc. report at: http://squawkboxstocks.com/reports/FB
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