Before the Bell Scans: Verizon Comm., Cincinnati Bell, China Unicom (Hong
Kong), and TIM Participacoes
LONDON, August 12, 2013
LONDON, August 12, 2013 /PRNewswire/ --
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On Friday, August 9, 2013, the S&P 500 closed 0.36% lower at 1,691.42. Shares
in telecommunication companies ended on a mixed note as the broader market
declined. The major movers in the sector included Verizon Communications Inc.
(NYSE:VZ), Cincinnati Bell Inc. (NYSE: CBB), China Unicom (Hong Kong) Limited
(NYSE: CHU), and Tim Participacoes S.A, (NYSE:TSU). All these companies are
tracked by AAAResearchReports.com. Free technical research on VZ, CBB, CHU,
and TSU can be downloaded upon signing up at:
Shares in Verizon Communications Inc. ended lower on Friday, extending their
losses from previous trading sessions. The company's shares oscillated between
$49.02 and $49.80 before finishing the day 0.60% lower at $49.32. A total of
8.59 million shares were traded, which is below the daily average volume of
10.96 million. The company's shares have lost 3.69% in the last one month and
6.75% in the last three months. Moreover, Verizon Communications Inc.'s shares
are trading below their 50-day moving average. Sign up today to read free
research report on VZ at:
Cincinnati Bell Inc.'s stock edged higher on Friday even as the broader market
ended on a declining note. The company's shares hit an intraday high of $3.36
before ending the day 0.90% higher at $3.35. A total of 1.00 million shares
were traded, which is below the daily average volume of 1.58 million.
Cincinnati Bell Inc.'s shares have gained 5.68% in the last one month,
outperforming the S&P 500 which has gained 0.67% during the same period.
Further, the company's shares are trading above their 50-day moving average.
Register to download free technical analysis on CBB at:
Shares in China Unicom Hong Kong Limited fluctuated between $15.20 and $15.31
on Friday before ending the day 0.65% lower at $15.26. A total of 0.53 million
shares were traded, which is above the daily average volume of 0.49 million.
The company's shares have gained 10.42% in the last one month and 4.09% in the
last three months, outperforming the S&P 500 which has gained 0.67% and 3.53%
during the respective periods. Further, the company's shares are trading above
their 50-day and 200-day moving averages. A free report on CHU can be accessed
by registering at:
Shares in Tim Participacoes SA moved 0.50% higher on Friday, extending their
gains from previous trading sessions. The company's shares oscillated between
$20.17 and $20.70 before closing the day at $20.30. A total of 1.19 million
shares were traded, which is above the daily average volume of 0.86 million.
The company's shares have gained 5.35% in the last three trading sessions and
8.15% in the last one month, outperforming the S&P 500 which lost 0.35% in the
last three trading sessions and gained 0.67% in the last one month. Register
with AAA Research Reports and download the research on TSU for free at:
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