Morning Research: Verizon Comm. Inc., Cincinnati Bell Inc., TIM Participacoes
S.A., and China Unicom Hong Kong Ltd
LONDON, October 18, 2013
LONDON, October 18, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
On Thursday, October 17, 2013, the S&P 500 ended the day at 1,733.15, up
0.67%; the NASDAQ Composite closed at 3,863.15, up 0.62%; while the Dow Jones
Industrial Average finished at 15,371.65, down 0.01%. Shares in the
technology-telecom sector ended on a positive note, even as the broader market
fluctuated between gains and losses. The major movers in the sector included
Verizon Communications Inc. (NYSE: VZ), Cincinnati Bell Inc. (NYSE: CBB), Tim
Participacoes S.A. (NYSE: TSU), and China Unicom Hong Kong Ltd (NYSE: CHU).
AAAResearchReports.com has released full comprehensive research on VZ, CBB,
TSU, and CHU. These free technical analyses can be downloaded by signing up
Shares in Verizon Communications Inc. surged 3.49% on Thursday, extending the
gains from the previous trading session. The company's shares fluctuated
between $48.12 and $49.24 during the trading session. A total of 29.33 million
shares were traded, which is above the daily average volume of 13.11 million.
The company's shares have advanced 4.46% in the previous three trading
sessions, outperforming the S&P 500, which has advanced 1.35% during the same
period. Furthermore, Verizon Communications Inc.'s stock is trading above its
50-day and 200-day moving averages of $47.45 and $48.39, respectively.
Download free report on VZ upon registration at:
Cincinnati Bell Inc.'s shares also surged on Thursday, even as the broader
market finished on a mixed note. The company's shares closed at$2.94, up
3.16%, after oscillating between$2.83 and$2.95 during the trading session. A
total of 1.10 million shares were traded, which is below the daily average
volume of 1.14 million. The company's shares have gained 6.91% in the previous
three trading sessions, outperforming the S&P 500, which has gained 1.35%
during the same period. Despite Thursday's gain, Cincinnati Bell Inc.'s stock
is trading below its 50-day and 200-day moving averages of $2.97 and $3.54,
respectively. CBB technical report can be accessed for free by signing up at:
On Thursday, Tim Participacoes S.A.'s shares edged higher to end the day at
$27.15, which is 0.56% higher than the previous day's closing price of $27.00.
The company's shares fluctuated between $26.94 and $27.22 during the trading
session. A total of 1.77 million shares were traded, which is above the daily
average volume of 1.52 million. Tim Participacoes S.A.'s shares have rallied
44.11% in the previous three months and 20.67% in the last one month,
outperforming the S&P 500, which has gained 3.11% and 1.67% during the
respective periods. Moreover, the company's stock is trading near its 52-week
high of $27.41 and also above its 50-day and 200-day moving averages of $22.26
and $20.77, respectively. The free report on TSU can be downloaded by signing
up now at:
Shares in China Unicom Hong Kong Ltd. advanced on Thursday, reversing some of
the losses from the previous trading session. The company's shares vacillated
between $16.34 and $16.56 before ending the day 0.30% higher at $16.54. A
total of 0.37 million shares were traded, which is below the daily average
volume of 0.52 million. The company's shares have gained 17.81% in the
previous three months and 1.91% in the last one month, outperforming the S&P
500, which has advanced 3.11% and 1.67% during the respective periods.
Additionally, China Unicom Hong Kong Ltd.'s stock is trading above its 50-day
and 200-day moving averages of $15.83 and $14.71, respectively. A free report
on CHU can be accessed by registering at:
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