Information contained on this page is provided by an independent third-party content provider. WorldNow and this Station make no warranties or representations in connection therewith. If you have any questions or comments about this page please contact firstname.lastname@example.org.
SOURCE AAA Research Reports
LONDON, October 31, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
On Wednesday, October 30, 2013, all three benchmark indexes of the US equity market edged lower, with the S&P 500, the Dow Jones Industrial Average, and the NASDAQ Composite falling by 0.49%, 0.39%, and 0.55%, respectively. Shares in the credit services industry mostly ended on a lower note, as the broader market posted losses. The major movers in the industry included CapitalSource Inc. (NYSE: CSE), Discover Financial Services (NYSE: DFS), SLM Corporation (NASDAQ: SLM), and CIT Group Inc. (NYSE: CIT). All these companies are tracked by AAAResearchReports.com. Free technical research on CSE, DFS, SLM, and CIT can be downloaded upon signing up at:
On Wednesday, CapitalSource Inc.'s stock edged lower, after hitting a new 52-week high of $13.23. The company's shares closed the day at $13.06, down 0.61% from the previous day's price of $13.14. A total of 0.93 million shares were traded, which is less than the daily average volume of 1.73 million. Despite Wednesday's losses, the company's shares have gained 9.93% in the last one month and 8.20% in the previous three months, outperforming the S&P 500, which has advanced 4.86% and 4.59% during the respective periods. Additionally, CapitalSource Inc.'s stock is trading above its 50-day and 200-day moving averages of $12.05 and $10.14, respectively. Sign up and read the complimentary report on CSE at:
On Wednesday, Discover Financial Services' stock closed at $52.46, down 0.15% from the previous day's closing price of $52.54. The company's shares vacillated between $52.31 and $53.13 during the trading session. A total of 2.97 million shares were traded, which is above the daily average volume of 2.88 million. Despite Wednesday's pullback, the company's shares have gained 3.80% in the last one month and 4.63% in the previous three months, compared to a gain of 4.86% and 4.59% in the S&P 500 during the respective periods. Furthermore, Discover Financial Services' stock is trading above its 50-day and 200-day moving averages of $50.60 and $46.43, respectively. The free report on DFS can be downloaded by signing up now at:
SLM Corp.'s shares ended the day 1.04% lower at $25.62, after vacillating between $25.58 and $26.00 on Wednesday. A total of 1.35 million shares were traded, which is significantly below the daily average volume of 2.76 million. Despite Wednesday's decline, SLM Corp.'s shares have advanced 2.89% in the last one month and 4.44% in the previous three months, compared to a gain of 4.86% and 4.59% in the S&P 500 during the respective periods. Further, the company's stock is trading near its 52-week high of $26.28 and above its 50-day and 200-day moving averages of $24.95 and $22.21, respectively. A free report on SLM can be accessed by registering at:
Shares in CIT Group Inc. closed at par with the previous day's closing price of $48.50 on Wednesday, even as the broader traded posted losses. The company's shares oscillated between $48.07 and $48.76 during the trading session. A total of 1.45 million shares were traded, which is above the daily average volume of 1.07 million. The company's shares have fallen by 0.55% in the last one month, compared to a gain of 4.86% in the S&P 500 during the same period. However, CIT Group Inc.'s stock is trading above its 200-day moving average of $45.91. Register with AAA Research Reports and download research on CIT for free at:
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Ananya Ghosh, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
©2012 PR Newswire. All Rights Reserved.