Early Briefing and Review: Bank of America Corp., Citigroup Inc., The PNC
Financial Services Group Inc., and TCF Financial Corp.
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LONDON, November 12, 2013
LONDON, November 12, 2013 /PRNewswire/ --
On Monday, November 11, 2013, all three benchmark indexes of the US equity
market edged higher with the S&P 500, the Dow Jones Industrial Average, and
the NASDAQ Composite rising 0.07%, 0.14%, and 0.01%, respectively. Shares in
money center banks mostly ended on a mixed note, even as the broader market
posted gains. The major movers in the industry 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).
AAAResearchReports.com has released free charting and technical research on
these aforementioned companies. Register to read these reports at:
On Monday, Bank of America Corp.'s stock edged higher to close the day at
$14.40, up 0.56% from the previous day's closing price of $14.32. The
company's shares vacillated between $14.24 and $14.42 during the trading
session. A total of 66.14 million shares were traded, which is below the daily
average volume of 86.93 million. The company's shares have gained 3.15% in the
previous three trading sessions and 1.48% in the last one month, compared to a
gain of 0.08% and 4.03% in the S&P 500 during the respective periods.
Moreover, Bank of America Corp.'s stock is trading above its 50-day and
200-day moving averages of $14.23 and $13.26, respectively. Sign up for free
report on BAC at:
Citigroup Inc.'s stock advanced on Monday, tracking gains in the broader
market. The company's shares closed the day 0.46% higher at $50.17, after
oscillating between $49.36 and $50.30. A total of 16.81 million shares were
traded, which is below the daily average volume of 23.24 million. The
company's shares have gained 3.19% in the previous three trading sessions and
1.93% in the last one month, compared to a gain of 0.08% and 4.03% in the S&P
500 during the respective periods. Additionally, Citigroup Inc.'s stock is
trading above its 50-day and 200-day moving averages of $49.67 and $48.19,
respectively. C free technical report can be accessed by signing up at:
On Monday, shares in the PNC Financial Services Group Inc. fell by 0.13%, even
as the broader market posted gains. The company's shares closed the day at
$75.42, after trading between $75.03 and $75.81. A total of 1.56 million
shares were traded, which below the daily average volume 1.88 million. Despite
Monday's losses, the company's shares have gained 2.08% in the previous three
trading sessions and 3.37% in the last one month, compared to a gain of 0.08%
and 4.03% in the S&P 500 during the respective periods. Additionally, the PNC
Financial Services Group Inc.'s stock is trading above its 50-day and 200-day
moving averages of $73.49 and $70.52, respectively. A free report on PNC can
be accessed by registering at:
TCF Financial Corp.'s stock edged 0.44% lower on Monday, closing at $15.74,
after trading between $15.64 and $15.91 during the trading session. A total of
0.61 million shares were traded, which is below the daily average volume of
1.20 million. Despite Monday's pullback, the company's shares have gained
5.07% in the last one month and 8.63% in the previous three months,
outperforming the S&P 500, which has advanced 4.03% and 4.76% during the
respective periods. Further, TCF Financial Corp.'s stock is trading above its
50-day and 200-day moving averages of $14.80 and $14.60, respectively.
Register with AAA Research Reports and download research on TCB for free at:
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