Market Momentum: Huntington Bancshares, U.S. Bancorp, Fifth Third Bancorp, and Comerica

Market Momentum: Huntington Bancshares, U.S. Bancorp, Fifth Third Bancorp, and
                                   Comerica

PR Newswire

LONDON, January 7, 2014

LONDON, January 7, 2014 /PRNewswire/ --

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

On Monday, January 06, 2014, the U.S. equity market finished on a negative
note. The S&P 500 ended the day at 1,826.77, down 0.25%; the Dow Jones
Industrial Average closed at 16,425.10, down 0.27%; and the NASDAQ Composite
Index finished at 4,113.68, down 0.44%. The S&P 500 Financials Sector Index
edged 0.15% higher to close the session at 295.42; and the S&P 500 Commercial
Banks Industry Index closed 0.45% higher at 298.44. The S&P 500 Commercial
Banks Industry Index has gained 9.94% in the previous three months and 2.87%
in the last one month, outperforming the S&P 500, which has gained 8.06% and
1.20% during the respective periods. The major movers in the financial sector
included O.H. Huntington Bancshares Inc.(NASDAQ: HBAN), US Bancorp (NYSE:
USB),Fifth Third Bancorp(NASDAQ: FITB), and Comerica Inc. (NYSE: CMA).
AAAResearchReports.com has completed their technical analysis on HBAN, USB,
FITB, and CMA and these free reports are accessible by registering at:

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

Shares in Huntington Bancshares Inc. hit a new 52-week high of $9.80 on
Monday, before declining 0.21% to end the day at an intra-day low of $9.58.
The company's shares fluctuated between $9.58 and $9.80 during the trading
session. A total of 9.73 million shares were traded, which is above the daily
average volume 9.15 million. The company's shares have gained 13.37% in the
previous three months and 3.68% in the last one month, compared to a gain of
8.06% and 1.20% in the S&P 500 during the respective periods. Moreover,
Huntington Bancshares Inc.'s stock is trading above its 50-day and 200-day
moving averages of $9.16 and $8.28, respectively. Sign up for free technical
research on HBAN at:

http://www.AAAResearchReports.com/HBAN010714.pdf

US Bancorp's stock gained 1.32% on Monday, hitting a new 52-week high of
$40.84. The company's shares closed the day at $40.59, after oscillating
between $40.50 and $40.84 during the trading session. A total of 8.10 million
shares were traded, which is above the daily average volume of 7.65 million.
US Bancorp's shares have gained 2.34% in the previous one month and 10.84% in
the last three months, outperforming the S&P 500, which has advanced 1.20% and
8.06% during the respective periods. Furthermore, the company's stock is
trading above its 50-day and 200-day moving averages of $38.88 and $36.51,
respectively. Be sure to read our latest technical research on USB by
registering at:

http://www.AAAResearchReports.com/USB010714.pdf

Shares in Fifth Third Bancorp hit a new 52-week high of $21.33 on Monday,
finishing the day 0.14% higher at$20.95 from the previous day's closing price
of $20.92. The company's shares vacillated between$20.94 and$21.33 during
the trading session. A total of 7.21 million shares were traded, which is
above the daily average volume of 7.14 million. The company's shares have
gained 3.00% in the previous one month and 15.17% in the last three months,
outperforming the S&P 500, which has gained 1.20% and 8.06% during the
respective periods. Further, Fifth Third Bancorp's stock is trading above its
50-day and 200-day moving averages of $20.04 and $18.57, respectively. Sign up
and read the complimentary report on FITB at:

http://www.AAAResearchReports.com/FITB010714.pdf

On Monday, Comerica Inc.'s stock closed the day at $47.00, down 0.17% from the
previous day's closing price of $47.08. The company's shares fluctuated
between $46.96 and $47.60 during the trading session. A total of 1.13 million
shares were traded, which is below the daily average volume of 1.40 million.
Despite Monday's decline, the company's shares have gained 18.63% in the
previous three months and 2.51% in the last one month, outperforming the S&P
500, which has gained 8.06% and 1.20% during the respective periods. Moreover,
Comerica Inc.'s stock is trading above its 50-day and 200-day moving averages
of $45.16 and $40.84, respectively. The free report on CMA can be downloaded
by signing up now at:

http://www.AAAResearchReports.com/CMA010714.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 make 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: Contact Name: Peter F. Jones, Phone #: +1(646)396-9126, Email ID:
info@aaaresearchreports.com
 
Press spacebar to pause and continue. Press esc to stop.