TrendingWallStreet.com Initiates Trend Coverage on BAC, FNMA, TFM, and FB

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Bank of America Corporation (NYSE:BAC - News) shares closed up a modest 0.32 percent on Friday and hit a new 52-week high of 15.79 during intra-day trading. The stock traded about 110 million shares that day. The stock is now approaching its post-recession peaks of three years ago when CEO Brian Moynihan first took over.

Get more information on Bank of America Corporation and free access to the in-depth equity report at: www.TrendingWallStreet.com/stockquote/BAC

Federal National Mortgage Association (OTCBB:FNMA - News) shares closed down 6.51 percent on about 40 million shares traded this past Friday. Ralph Nader called for a Congressional hearing this Friday to discuss what he argues is government abuse of shareholder rights following the decision to put the government sponsored entities (GSEs) into conservatorship in 2008. Despite numerous Congressional hearings over what to do with Fannie and Freddie, which are 79.9% owned by the government; Nader says the rights of the remaining shareholders are never mentioned at all.

Get more information on Federal National Mortgage Association and free access to the in-depth equity report at: www.TrendingWallStreet.com/stockquote/FNMA

The Fresh Market, Inc. (NASDAQ:TFM - News) shares closed down 18.91 percent on Friday on about 10.2 million shares traded. The stock was one of the biggest decliners on the NASDAQ that day. The big drop came after the company reported a poor third-quarter earnings report. Results came up short as per-share profits were flat versus a year ago at $0.23 due to an increase in depreciation and SG&A expenses from higher compensation, health-care, and pre-opening costs. Analysts had expected a profit of $0.26 per share, and revenue also missed the mark, growing 13% to $364.5 million against expectations of $373.4 million.

Get more information on The Fresh Market, Inc. and free access to the in-depth equity report at: www.TrendingWallStreet.com/stockquote/TFM

Facebook, Inc. (NASDAQ:FB - News) shares closed down a modest 1.01 percent this past Friday on about 40.5 million shares traded. The stock traded in between 45.96 - 47.27 a share with no significant news released. Facebook, Inc. operates as a social networking company worldwide. It builds various tools that enable users to connect, share, discover, and communicate with each other on mobile devices and computers.

Get more information on Facebook, Inc. and free access to the in-depth equity report at: www.TrendingWallStreet.com/stockquote/FB

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