Ally Financial Inc. (ALLY) ended last trading session with a change of 1.44 percent. It trades at an average volume of 4.61M shares versus 3.88M shares recorded at the end of last trading session. The share price of $19.7 is at a distance of 35.4 percent from its 52-week low and down -3.15 percent versus its peak. The company has a market cap of $9.29B and currently has 471.6M shares outstanding. The share price is currently 5.55 percent versus its SMA20, 3.55 percent versus its SMA50, and 8.48 percent versus its SMA200. The stock has a weekly performance of -1.25 percent and is 5.69 percent year-to-date as of the recent close.
Nov. 21, 2016 — Ally Financial Inc. (ALLY) is pleased to have comprehensively resolved all outstanding investigations and potential claims by the U.S. Department of Justice (DOJ) related to residential mortgage-backed securities issued by the company’s former mortgage subsidiary Residential Capital, LLC and its subsidiaries (ResCap RMBS).
This settlement brings closure to the DOJ’s investigations relating to Ally and ResCap RMBS, including investigations into potential claims under the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 and the False Claims Act. Additional information on these matters was previously disclosed in Ally’s Securities and Exchange Commission filings, including most recently in the Mortgage Matters section of the third quarter Form 10-Q.
CoreCivic, Inc. (CXW) recently recorded 4.84 percent change and currently at $23.81 is 89.6 percent away from its 52-week low and down -29.46 percent versus its peak. It has a past 5-day performance of 5.87 percent and trades at an average volume of 3.25M shares. The stock has a 1-month performance of 69.35 percent and is -3.61 percent year-to-date as of the recent close. There were about 117.55M shares outstanding which made its market cap $2.8B. The share price is currently 22.79 percent versus its SMA20, 46.84 percent versus its SMA50, and -5.08 percent versus its SMA200.
On Nov. 15, 2016 CoreCivic, Inc. (CXW) announced that the Federal Bureau of Prisons (“BOP”) has exercised a two-year renewal option at the 1,978-bed, company-owned McRae Correctional Facility in McRae, Georgia. The amended contract commences on December 1, 2016, and provides for housing up to 1,724 federal inmates with a fixed monthly payment for 1,633 beds compared to CoreCivic’s previous contract which contained a fixed payment for 1,780 beds.