Early Morning Insight: The Bank of New York Mellon Corp., The Progressive Corp., Apollo Investment Corp., and Deutsche Bank AG

  Early Morning Insight: The Bank of New York Mellon Corp., The Progressive
             Corp., Apollo Investment Corp., and Deutsche Bank AG

PR Newswire

LONDON, October 31, 2013

LONDON, October 31, 2013 /PRNewswire/ --

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

On Wednesday, October 30, 2013, all three indexes of the US equity market
declined. The S&P 500 ended the day at 1,763.31, down 0.49%; the Dow Jones
Industrial Average closed at 15,618.76, down 0.39%; and the NASDAQ Composite
finished at 3,930.62, down 0.55%. Shares in the financial sector ended on a
lower note, tracking losses in the broader market. The major movers in the
sector included The Bank of New York Mellon Corporation (NYSE: BK), The
Progressive Corporation (NYSE: PGR), Apollo Investment Corporation (NASDAQ:
AINV), and Deutsche Bank AG (NYSE: DB). All these companies are tracked by
AAAResearchReports.com. Download free technical analysis and charting reports
on BK, PGR, AINV, and DB now at:

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

The Bank of New York Mellon Corp.'s stock edged lower on Wednesday, closing at
$31.99, down 0.44%, after oscillating between $31.88 and $32.23 during the
trading session. A total of 3.66 million shares were traded, which is below
the daily average volume of 4.40 million. The company's shares have gained
5.96% in the previous one month, outperforming the S&P 500, which has advanced
4.86% during the same period. Further, The Bank of New York Mellon Corp.'s
stock is trading near its 52-week high of $32.36 and also above its 50-day and
200-day moving averages of $30.76 and $29.32, respectively. Download free
research on BK today by registering at:

http://www.AAAResearchReports.com/BK103113.pdf

Shares in The Progressive Corp. posted losses on Wednesday, vacillating
between $26.04 and $26.28 before finishing the day 0.34% lower at $26.16. A
total of 2.50 million shares were traded, which is below the daily average
volume of 3.29 million. The Progressive Corp.'s shares have advanced 0.96% in
the previous three months, underperforming the S&P 500, which has advanced
4.59% during the same period. Additionally, the company's stock is trading
below its 50-day moving average of $26.40. Sign up and have access to our free
report on PGR at:

http://www.AAAResearchReports.com/PGR103113.pdf 

On Wednesday, Apollo Investment Corp.'s stock declined to close at $8.58, down
0.69% from the previous day's closing price of $8.64. The company's shares
vacillated between $8.51 and $8.64 during the trading session. A total of 1.15
million shares were traded, which is below the daily average volume of 1.69
million. Despite Wednesday's pullback, the company's shares have gained 5.54%
in the previous three months and 5.26% in the last one month, outperforming
the S&P 500, which has gained 4.59% and 4.86% during the respective periods.
Furthermore, Apollo Investment Corp.'s stock is trading near its 52-week high
of $9.08 and also above its 50-day and 200-day moving averages of $8.22 and
$8.33, respectively. Sign up and read the complimentary report on AINV at:

http://www.AAAResearchReports.com/AINV103113.pdf

Shares in Deutsche Bank AG fell by 1.67% on Wednesday, closing the day at
$48.76, after trading between $48.50 and $49.27 during the trading session. A
total of 0.86 million shares were traded, which is below the daily average
volume of 0.93 million. Despite Wednesday's decline, Deutsche Bank AG's stock
has gained 6.28% in the last one month and 7.45% in the previous three months,
outperforming the S&P 500, which has gained 4.86% and 4.59% during the
respective periods. Moreover, the company's shares are trading above their
50-day and 200-day moving averages of $46.92 and $45.64, respectively. The
free report on DB can be downloaded by signing up now at:

http://www.AAAResearchReports.com/DB103113.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 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
    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 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
Institute.

http://www.AAAResearchReports.com

SOURCE AAA Research Reports

Contact: Peter F. Jones; +1(646)396-9126 (North America);
info@aaaresearchreports.com
 
Press spacebar to pause and continue. Press esc to stop.