Pre-Market Analysis: Bank of America Corp., Citigroup Inc., The PNC Financial
Services, and TCF Financial Corp.
LONDON, October 22, 2013
LONDON, October 22, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
On Monday, October 21, 2013, the U.S. equity market ended on a mixed note. The
S&P 500 and the NASDAQ Composite gained 0.01% and 0.15%, respectively, while
the Dow Jones Industrial Average fell by 0.05%. Shares in money center banks
ended on mixed note, as the broader market traded between gains and losses.
The major movers included Bank of America Corporation (NYSE: BAC), Citigroup
Inc. (NYSE: C), The PNC Financial Services Group Inc. (NYSE: PNC), and TCF
Financial Corporation (NYSE: TCB). All these companies are tracked by
AAAResearchReports.com. Free technical research on BAC, C, PNC, and TCB can be
downloaded upon signing up at:
Shares in Bank of America Corp. edged lower on Monday, even as the broader
market ended on a mixed note. The company's shares traded between $14.47 and
$14.59 before ending the day 0.75% lower at $14.52. A total of 90.98 million
shares were traded, which is below the daily average volume of 92.02 million.
Despite Monday's losses, the company's shares have advanced 0.55% in the last
one month, compared to a gain of 2.03% in the S&P 500 during the same period.
Further, Bank of America Corp.'s stock is trading above its 50-day and 200-day
moving averages of $14.30 and $13.07, respectively. Sign up and read the
complimentary report on BAC at:
On Monday, Citigroup Inc.'s stock posted losses to close at $51.03, down 0.23%
from the previous day's closing price of $51.15. The company's shares
vacillated between $51.00 and $51.57 during the trading session. A total of
18.68 million shares were traded, which is below the daily average volume of
23.08 million. Despite Monday's losses, the company's shares have gained 0.37%
in the previous three trading sessions, compared to a gain of 1.34% in the S&P
500 during the same period. Additionally, Citigroup Inc.'s stock is trading
above its 50-day and 200-day moving averages of $49.78 and $47.64,
respectively. The free report on C can be downloaded by signing up now at:
The PNC Financial Services Group Inc.'s stock gained 0.11% on Monday,
extending the gains from the previous trading session. The company's shares
closed the day at $75.12, after oscillating between $74.60 and $75.21. A total
of 1.85 million shares were traded, which is below the daily average volume of
2.00 million. The company's shares have gained 1.69% in the previous three
trading sessions and 1.44% in the last one month, compared to a gain of 1.34%
and 2.03% in the S&P 500 during the respective periods. Moreover, the PNC
Financial Services Group Inc.'s stock is trading above its 50-day and 200-day
moving averages of $73.51 and $69.50, respectively. A free report on PNC can
be accessed by registering at:
On Monday, shares in TCF Financial Corp. edged higher to end at $15.44, which
is 0.39% higher than the previous day's closing price of $15.38. The company's
shares fluctuated between $15.27 and $15.46 during the trading session. A
total of 0.82 million shares were traded, which is below the daily average
volume of 1.48 million. The company's shares have gained 1.31% in the previous
three trading sessions and 7.90% in the last one month, compared to a gain of
1.34% and 2.03% in the S&P 500 during the respective periods. Furthermore, TCF
Financial Corp.'s stock is trading above its 50-day and 200-day moving
averages of $14.56 and $14.41, respectively. Register with AAA Research
Reports and download research on TCB for free 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 Ananya Ghosh, a CFA charterholder. However, we are
only human and are prone to making 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
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 represented by Ananya Ghosh, CFA, has
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.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA
SOURCE AAA Research Reports
Contact: Contact Name: Peter F. Jones - Phone #: +1(646)396-9126, Email ID:
Press spacebar to pause and continue. Press esc to stop.