Before the Bell Scans of Hudson City Bancorp, Ocwen Financial, Zions Bancorp, and East West Bancorp PR Newswire LONDON, March 27, 2013 LONDON, March 27, 2013 /PRNewswire/ -- Savings & loans industry was one of the biggest casualties of the financial crisis of 2009. However, the industry has emerged stronger from the crisis. Savings & loans industry, though, is facing increasing competition for deposits. For banks such as Hudson City Bancorp Inc. (NASDAQ: HCBK), Ocwen Financial Corp. (NYSE: OCN), and Zions Bancorporation (NASDAQ: ZION), the key will be to continue to strengthen their balance sheets. Meanwhile, the industry, along with regional banks such as East West Bancorp Inc. (NASDAQ: EWBC) are facing increasing margin pressure as interest rates remain at record low levels. On Tuesday, Financial stocks ended mostly higher as the broad market rallied on the back of some robust U.S. economic data. StockCall has taken an interest in these companies and you can now sign up to download the free technical research on HCBK, OCN, ZION, and EWBC at http://www.stockcall.com/registration Shares of Hudson City Bancorp Inc. edged higher in trading on Tuesday; however, the gains were limited. The stock closed 0.12% higher at $8.58 on volume of 1.89 million. The bank's shares are currently trading close to their 52-week high of $8.79. Year-to-date, the stock has gained more than 5.50%, underperforming the S&P 500. Hudson City Bancorp's shares are currently facing stiff resistance at $8.80. The stock's MACD chart suggests that market sentiment is currently bearish. Sign up today to read the free research report on HCBK at http://www.StockCall.com/HCBK032713.pdf Shares of Ocwen Financial Corp. rose sharply in trading on Tuesday. The stock rose to an intra-day high of $37.15 before finishing the day 3.07% higher at $36.92 on above average volume of 2.02 million. Year-to-date, Ocwen's shares have now gained more than 6.70%. The stock has rebounded after finding support at $35. It is now approaching $39 resistance level. Its MACD chart is currently giving bullish signals. The upbeat trend is further confirmed by volume activity in the last two sessions. Register to download the free technical analysis on OCN at http://www.StockCall.com/OCN032713.pdf Shares of Zions Bancorporation finished flat on Tuesday even as the broad market rallied. Earlier in the day, the stock touched a 52-week high of $25.36. However, it failed to hold on to the gains. Zions' shares ended the day flat at $25.15 on above average volume of 2.14 million. The stock has had an excellent run so far in 2013, gaining more than 17.50%. Its MACD is currently trading below the signal line, which suggests that market sentiment is currently bearish on the stock. Free report on ZION can be accessed by registering at http://www.StockCall.com/ZION032713.pdf East West Bancorp Inc.'s shares edged higher in Tuesday's session. The stock ended the day 0.51% higher at $25.63 on volume of 424,409. It is currently hovering around its 52-week high of $25.78. The stock is also trading well above its 50-day and 200-day moving averages, which is a bullish signal. The upbeat trend is further confirmed by recent volume activity. East West Bancorp Inc.'s shares have finished higher in each of the last five trading sessions. The stock is also trading above $25.50 resistance level. The stock currently has strong support at $25 level. Register with StockCall and download the research on EWBC for free at http://www.StockCall.com/EWBC032713.pdf About StockCall.com StockCall.com is a financial website where investors can have easy, precise and comprehensive research and opinions on stocks making the headlines. Sign up today to talk to our financial analyst at http://www.stockcall.com SOURCE StockCall.com Contact: Contact Person: William T. Knight, Email: firstname.lastname@example.org, Contact Number: +1(646)396-9857 (9:00 am EST – 01:30 pm EST)
Before the Bell Scans of Hudson City Bancorp, Ocwen Financial, Zions Bancorp, and East West Bancorp
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