Today's Research: State Street Corp., Legg Mason Inc., BlackRock Kelso Capital
Corp., and Och-Ziff Capital Management Group LLC
LONDON, November 4, 2013
LONDON, November 4, 2013 /PRNewswire/ --
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The U.S. equity market edged higher on Friday, November 01, 2013. The S&P 500
ended the day at 1,761.64, up 0.29%; the Dow Jones Industrial Average closed
at 15,615.55, up 0.45%; and the NASDAQ Composite finished at 3,922.04, up
0.06%. Shares in the asset management industry mostly ended on a higher note,
as the broader market posted gains. The major movers in the industry included
State Street Corporation (NYSE: STT), Legg Mason Inc. (NYSE: LM), BlackRock
Kelso Capital Corporation (NASDAQ: BKCC), and Och-Ziff Capital Management
Group LLC. (NYSE: OZM). AAAResearchReports.com has completed their technical
analysis on STT, LM, BKCC, and OZM and these free reports are accessible by
State Street Corp.'s shares ended the day 0.40% higher at $70.35, after
oscillating between $70.04 and $70.68. A total of 1.85 million shares were
traded, which is below the daily average volume of 2.31 million. State Street
Corp.'s shares have gained 0.13% in the previous three trading sessions and
6.69% in the last one month, outperforming the S&P 500, which has fallen by
0.58% and has gained 4.21% during the respective periods. Further, the
company's stock is trading near its 52-week high of $71.27 and above its
50-day and 200-day moving averages of $67.79 and $63.73, respectively. Sign up
for free technical research on STT at:
Legg Mason Inc.'s stock edged higher on Friday, tracking gains in the broader
market. The company's shares closed the day 0.36% higher at $38.61, after
vacillating between $38.21 and $38.74. A total of 0.94 million shares were
traded, which is below the daily average volume of 1.18 million. The company's
shares have gained 13.69% in the last one month and 11.11% in the previous
three months, outperforming the S&P 500, which has advanced 4.21% and 3.04%
during the respective periods. Furthermore, Legg Mason Inc.'s stock is trading
near its 52-week high of $39.39 and above its 50-day and 200-day moving
averages of $34.77 and $32.44, respectively. Be sure to read our latest
technical research on LM by registering at:
Shares in BlackRock Kelso Capital Corp. fell by 0.05% on Friday, even as the
broader market posted gains. The company's shares closed the day at $9.39,
after trading between $9.32 and $9.44. A total of 0.46 million shares were
traded, which is below the daily average volume of 0.50 million. BlackRock
Kelso Capital Corp.'s stock has fallen by 0.11% in the last one month,
underperforming the S&P 500, which has gained 4.21% during the same period.
Additionally, the company's shares are trading below their 50-day and 200-day
moving averages of $9.61 and $9.91, respectively. Sign up and read the
complimentary report on BKCC at:
On Friday, shares in Och-Ziff Capital Management Group LLC advanced to close
the day at $12.65, up 1.28% from the previous day's closing price of $12.49.
The company's shares vacillated between $12.50 and $12.75 during the trading
session. A total of 0.47 million shares were traded, which is below the daily
average volume of 0.71 million. The company's shares have gained 9.81% in the
last one month and 10.96% in the previous three months, outperforming the S&P
500, which has gained 4.21% and 3.04% during the respective periods. Moreover,
Och-Ziff Capital Management Group LLC's stock is trading near its 52-week high
of $12.99 and above its 50-day and 200-day moving averages of $11.48 and
$10.65, respectively. The free report on OZM can be downloaded by signing up
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