Technical Study: Discover Financial Services, SLM Corp., CapitalSource Inc.,
and CIT Group Inc.
Editor Note: For more information about this release, please scroll to bottom.
LONDON, September 9, 2013
LONDON, September 9, 2013 /PRNewswire/ --
The U.S. equity market finished on a mixed note on Friday, September 06, 2013;
with the S&P 500 and the NASDAQ posting small gains, while the Dow Jones ended
slightly lower. The financial - credit services sector finished lower, even as
the broader market ended on a mixed note. The major movers in the sector
included Discover Financial Services (NYSE: DFS), SLM Corporation (NASDAQ:
SLM), CapitalSource Inc. (NYSE: CSE), and CIT Group Inc. (NYSE: CIT).
AAAResearchReports.com free coverage on DFS, SLM, CSE, and CIT is available
upon registration at:
Shares in Discover Financial Services fluctuated between gains and losses
before finishing the day nearly flat on Friday. The company's shares ended the
day at$48.59, down 0.06%, after fluctuating between$47.71 and$48.91. A
total of 2.52 million shares were traded, which is below the daily average
volume of 2.99 million. The company's shares have gained 1.74% in the last
three days, compared to a gain of 0.94% in the S&P 500 during the same period.
Further, Discover Financial Services' stock is trading above it 200-day moving
average of $44.35. Download free technical research on DFS by signing up at:
SLM Corp.'s stock closed slightly lower on Friday after fluctuating between
$23.89 and $24.36. The company's shares finished the day at $24.15, which is
0.08% lower than the previous day's closing price of $24.17. A total of 2.43
million shares were traded, which is below the daily average volume of 3.34
million. Despite Friday's pullback, the company's shares have gained 2.50% in
the last three months, outperforming the S&P 500 which has gained 0.72% during
the same period. Moreover, SLM Corp.'s stock is trading above its 200-day
moving average of $20.71. Register now and get access to free analysis on SLM
On Friday, CapitalSource Inc.'s shares ended the day 0.78% lower, even as the
broader market ended on a mixed note. The company's shares finished at $11.48
after oscillating between $11.38 and $11.60. A total of 1.37 million shares
were traded, which is below the daily average volume of 2.06 million. Despite
the recent losses, the company's shares have gained 19.58% in the last three
months, outperforming the S&P 500 which has gained 0.72% during the same
period. Moreover, CapitalSource Inc.'s stock is trading above its 50-day and
200-day moving averages of $11.11 and $9.27, respectively. Sign up and read
our complimentary report on CSE at:
CIT Group Inc.'s stock closed slightly lower on Friday after fluctuating
between $48.69 and $49.73. The company's shares finished the day 0.24% lower
at $49.17. A total of 0.74 million shares were traded, which is below the
daily average volume of 1.33 million. Despite Friday's decline, the company's
shares have advanced 5.74% in the last three months, outperforming the S&P 500
which has gained 0.72% during the same period. Further, CIT Group Inc.'s stock
is trading above its 50-day and 200-day moving averages. The free report on
CIT can be downloaded by signing up now at:
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 an analyst. However, we are only human and are prone
to make mistakes. If you notice any errors or omissions, please notify us
3.This information is submitted as a net-positive to companies mentioned, to
increase awareness for mentioned companies to our subscriber base and the
4.If you wish to have your company covered in more detail by our team, or
wish to learn more about our services, please contact us at
5.For any urgent concerns or inquiries, please contact us at
6.Are you a public company? Would you like to see similar coverage on your
company? Send us a full investors' package to
research@EquityNewsNetwork.com for consideration.
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 has, through analysts, 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.
SOURCE AAA Research Reports
Contact: .Phone #: + 1 (646) 396-9126, Contact Name: Peter F. Jones, Email ID:
Press spacebar to pause and continue. Press esc to stop.