Today's Research: MGM Resorts, Macy's, Ascena Retail, and Signet Jewelers PR Newswire LONDON, July 11, 2013 LONDON, July 11, 2013 /PRNewswire/ -- Editor Note: For more information about this release, please scroll to bottom. The U.S. equity market ended on a mixed note on Wednesday, July 10, 2013, as investors analyzed the minutes from Federal Reserve's most recent monetary policy meeting. The minutes of the latest Federal Open Market Committee (FOMC) meet showed that while several policymakers are in favor of an early reduction in the Fed's bond purchase program, many officials believed that further improvement in the labor market outlook would be required before the implementation of such a step. The S&P 500 and the NASDAQ managed to post gains at the end of the session. However, the Dow Jones slipped, snapping a four-day winning streak. Shares in the services sector ended mostly lower with major movers including MGM Resorts International (NYSE: MGM), Macy's Inc. (NYSE: M), Ascena Retail Group Inc. (NASDAQ: ASNA), and Signet Jewelers Ltd. (NYSE: SIG). AAAResearchReports.com has completed their technical analysis on MGM, M, ASNA, and SIG and these free reports are accessible by registering at: http://www.aaaresearchreports.com/register/ Shares in MGM Resorts International slipped on Wednesday even as the broader market finished on a mixed note. The company's shares oscillated between $15.21 and $15.50 before ending the day 0.58% lower at $15.35. A total of 7.36 million shares were traded which is above the daily average volume of 9.17 million. The company's shares have fallen 0.13% so far this week. However, the stock is still trading near its 52-week high of $15.95. Sign up for free technical research on MGM at: http://www.AAAResearchReports.com/MGM071113.pdf Macy's Inc.'s stock fell sharply on Wednesday, reversing most of its gains for the week. The company's shares closed the day 1.79% lower at $49.47 after fluctuating between $48.96 and $50.49. A total of 4.72 million shares were traded which is above the daily average volume of 3.33 million. The stock has gained 0.59% so far this week. In the last three months, the stock has gained 11.52%, thus outperforming the S&P 500 which gained 4.09% in the same period. Furthermore, Macy's shares are trading near their 52-week high of $50.77. Be sure to read our latest technical research on M by registering at: http://www.AAAResearchReports.com/M071113.pdf Shares in Ascena Retail Group Inc. edged lower on Wednesday, reversing some of their gains for the week. The company's shares ended the session 0.81% lower at $18.41 after oscillating between $18.34 and $18.70. A total of 607,952 shares were traded which is below the daily average volume of 1.57 million. The company's shares have gained 1.71% so far this week, whilst in the last three months the shares have fallen 0.70%. Sign up and read the complimentary report on ASNA at: http://www.AAAResearchReports.com/ASNA071113.pdf Signet Jewelers Ltd.'s stock edged lower on Wednesday, finishing at $70.26, down 0.55% from its previous closing price. The company's shares oscillated between $69.89 and $70.67. A total of 301,168 shares were traded which is below the daily average volume of 499,228. The company's shares are currently trading near their 52-week high of $72.52, but below their 50-day and 200-day moving averages. The stock has gained 2.40% in the last three months. The free report on SIG can be downloaded by signing up now at: http://www.AAAResearchReports.com/SIG071113.pdf ---- EDITOR NOTES: 1.This is not company news. We are an independent source and our views do not reflect the companies mentioned. 2.Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA. However, we are only human and are prone to make mistakes. 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Today's Research: MGM Resorts, Macy's, Ascena Retail, and Signet Jewelers
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