Business & Tech
The SJC 25 Stock Report, Dec. 25, 2011
The stock market enjoyed some holiday cheer of its own this week.

Editors Note – This is the second installment of a new feature for San Juan Capistrano Patch. We may not have any Fortune 500 companies based in our town, but that doesn't mean they don't have a presence. The health of these companies has an impact on our local economy.
Find out what's happening in San Juan Capistranofor free with the latest updates from Patch.
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on the Week
Bank of America BAC 5.60+7.69
* Financial data provided by Google Finance
The markets were full of good cheer this week, pushing the S&P 500 back into positive territory for 2011 and the Dow up 6 percent for the year.
The big winners were in the banking industry, Bank of America and Wells Fargo. Only Rite Aid saw a loss on the week. Here's a few news briefs about the companies in our town:
Bank of America is close to settling a U.S. Justice Department probe into whether its Countrywide Financial Corp. unit violated fair-lending practices, Bloomberg News reported.
The Washington Post did a nice profile on the incoming chief executive officer at Marriott.
Kroger, America's largest grocery store chain, will stop carrying products sourced by Asia Pulp & Paper because of concerns about deforestation, according to a statement on the company's web site. The move comes after a Greenpeace campaign targeting Paseo, a fast-growing toilet-paper brand APP owns.
Yum! Brands sold its chain of iconic A&W Restaurants, it was announced Friday in a press release.
Locally, right out of the wall at a Chase Bank in Laguna Hills Friday morning.