Technical Study: The Bank of New York Mellon Corp., Apollo Investment Corp., The Progressive Corp., and Deutsche Bank AG

 Technical Study: The Bank of New York Mellon Corp., Apollo Investment Corp.,
                 The Progressive Corp., and Deutsche Bank AG

PR Newswire

LONDON, September 11, 2013

LONDON, September 11, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.



The U.S. equity market posted significant gains on Tuesday, September 10,
2013. All three benchmark indexes ended on a high note, with the Dow Jones
finishing the day 0.85% higher, while the S&P 500 and the NASDAQ Composite
gained 0.73% and 0.62%, respectively. Shares in the financial sector also
ended on a higher note, tracking gains in the broader market. The major movers
in the sector included The Bank of New York Mellon Corporation (NYSE: BK),
Apollo Investment Corporation (NASDAQ: AINV), The Progressive Corporation
(NYSE: PGR), and Deutsche Bank AG (NYSE: DB). AAAResearchReports.com free
coverage on BK, AINV, PGR, and DB is available upon registration at:

http://www.aaaresearchreports.com/register/ 

Shares in The Bank of New York Mellon Corp. rose sharply on Tuesday, extending
its gains from the previous trading session. The company's shares oscillated
between $31.05 and $31.37 before ending the day at $31.28, which is 1.59%
higher than the previous day's price of $30.79. A total of 3.83 million shares
were traded, which is below the daily average volume of 5.17 million. The
company's stock has gained 2.02% in the previous three trading sessions and
3.71% in the last three months, outperforming the S&P 500 which has gained
1.75% and 2.51% during the respective periods. Moreover, The Bank of New York
Mellon Corp.'s stock is trading above its 50-day and 200-day moving averages
and has moved closer to its 52-week high of $32.36. Download free technical
research on BK by signing up at:

http://www.AAAResearchReports.com/BK091113.pdf 

Apollo Investment Corp.'s stock rose sharply on Tuesday, as the broader market
edged higher. The company's shares oscillated between $8.29 and $8.42 before
ending the day at an intra- day high of $8.42, which is 1.69% higher than the
previous day's price of $8.28. A total of 2.45 million shares were traded,
which is above the daily average volume of 1.90 million. The company's stock
has gained 6.18% in the last three trading sessions and 4.34% in the last one
month, outperforming the S&P 500 which has gained 1.75% and has lost 0.44%
during the respective periods. Moreover, Apollo Investment Corp.'s stock is
trading above its 50-day and 200-day moving averages and has moved closer to
its 52-week high of $9.08. Register now and get access to free analysis on
AINV at:

http://www.AAAResearchReports.com/AINV091113.pdf

The Progressive Corp.'s shares edged slightly higher on Tuesday, tracking
gains in the broader market. The company's shares closed at$25.98, up 0.27%,
after oscillating between$25.80 and$26.10. A total of 2.06 million shares
were traded, which is below the daily average volume of 2.89 million. The
company's shares have gained 2.36% in the last three trading sessions and
4.84% in the last three months, outperforming the S&P 500 which has gained
1.75% and 2.51% during the respective periods. Further, The Progressive
Corp.'s stock is trading above its 50-day and 200-day moving averages of
$25.68 and $24.38, respectively. Sign up and read our complimentary report on
PGR at:

http://www.AAAResearchReports.com/PGR091113.pdf

Deutsche Bank AG's stock rose sharply on Tuesday, extending its gains from the
previous trading session. The company's shares closed the day at $46.40, which
is 2.43% higher than the previous day's price of $45.30. A total of 1.50
million shares were traded, which is above the daily average volume of 1.08
million. In the last three trading sessions, the company's shares have gained
4.76%, outperforming the S&P 500 which has gained 1.75% during the same
period. Moreover, Deutsche Bank AG's stock is trading above its 50-day and
200-day moving averages of $44.58 and $45.08, respectively. The free report on
DB can be downloaded by signing up now at:

http://www.AAAResearchReports.com/DB091113.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 an analyst. However, we are only human and are prone
    to make mistakes. If you notice any errors or omissions, please notify us
    below.
3.This information is submitted as a net-positive to companies mentioned, to
    increase awareness for mentioned companies to our subscriber base and the
    investing public.
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
    pubco@EquityNewsNetwork.com.
5.For any urgent concerns or inquiries, please contact us at
    compliance@EquityNewsNetwork.com.
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.

COMPLIANCE PROCEDURE

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:
info@aaaresearchreports.com