LONDON, July 2, 2014 /PRNewswire/ --
On Tuesday, July 01, 2014, the NASDAQ Composite ended at 4,458.65, up 1.14%, the Dow Jones Industrial Average finished the day 0.77% higher at 16,956.07, and the S&P 500 closed at 1,973.32, up 0.67%. The gains were broad based as nine out of ten sectors ended the session in positive. The S&P 500 Financials Sector Index ended the day at 308.35, up 0.57%, and the index has advanced 2.86% in the last one month. Investor-Edge has initiated coverage on the following equities: The Bank of New York Mellon Corp. (NYSE: BK), Prospect Capital Corp. (NASDAQ: PSEC), Apollo Investment Corp. (NASDAQ: AINV) and American Capital Ltd (NASDAQ: ACAS). Free technical research on BK, PSEC, AINV and ACAS can be downloaded upon signing up at: http://www.investor-edge.com/4439-register On Tuesday, shares in The Bank of New York Mellon Corp. recorded a trading volume of 10.11 million shares, higher than its three months average volume of 4.91 million shares. The stock finished the day at $37.90, up 1.12%, hitting a new 52-week high of $38.31. Shares of The Bank of New York Mellon Corp. have advanced 9.66% in the last one month and 7.03% in the previous three months. Also, the stock has surged 8.47% on YTD basis. Furthermore, the company's stock is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $34.75 is above its 200-day moving average of $33.24. Additionally, shares of the company traded at a PE ratio of 15.16 and have a Relative Strength Index (RSI) of 73.24. Sign up today to read free research on BK at: http://www.investor-edge.com/4439-BK-02Jul2014.pdf Prospect Capital Corp.'s stock gained 0.61%, to close Tuesday's session at $10.69, after oscillating between $10.66 and $10.79. The stock recorded a trading volume of 5.58 million shares, below its three months average volume of 6.14 million shares. Over the past three trading sessions and last one month, Prospect Capital Corp.'s shares have advanced 1.91% and 7.55%, respectively. However, from the beginning of 2014, the company's stock has declined 4.72%. The stock is trading above its 50-day moving average. The company stock's 200-day moving average of $10.93 is above its 50-day moving average of $10.28. Further, the company's stock traded at a PE ratio of 8.36 and has an RSI of 66.69. Sign up today to read free research on PSEC at: http://www.investor-edge.com/4439-PSEC-02Jul2014.pdf On Tuesday, Apollo Investment Corp.'s stock finished the session 1.34% higher at $8.73. A total of 6.61 million shares were traded, which was much above its three months average volume of 2.96 million shares. The stock moved between $8.61 and $8.84 during the session. Over the last one month and past three months, Apollo Investment Corp.'s shares have gained 4.12% and 4.49%, respectively. Also, the stock has gone up 2.95% since the start of this year. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $8.45 is greater than its 50-day moving average of $8.22. Apollo Investment Corp.'s stock traded at a PE ratio of 6.40 and has an RSI of 63.29. Sign up today to read free research on AINV at: http://www.investor-edge.com/4439-AINV-02Jul2014.pdf Shares in American Capital Ltd fluctuated between $15.33 and $15.59 before ending Tuesday's session up 1.31%, at $15.49. The company's stock reported a trading volume of 3.09 million shares, below its three months average volume of 3.42 million shares. Further, shares of American Capital Ltd have gained 3.61% over the past three trading sessions and 4.95% over the last one month. However, the stock has fallen by 0.96% on YTD basis. The stock is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $14.92 is greater than its 200-day moving average of $14.84. Moreover, shares of the company have an RSI of 62.89. Sign up today to read free research on ACAS at: http://www.investor-edge.com/4439-ACAS-02Jul2014.pdf =============== EDITOR'S 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 produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. 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 [at] http://www.investor-edge.com . 5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.investor-edge.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 [at] http://www.investor-edge.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 Investor-Edge, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Investor-Edge in this article or report according to the procedures outlined by Investor-Edge. Investor-Edge 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 Investor-Edge 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 Investor-Edge 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 Investor-Edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-Edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-Edge 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.