Hudson City Bancorp, First Niagara, People's United, and Capitol Federal - Early Briefing and Review
Editor Note: For more information about this release, please scroll to bottom
LONDON, June 20, 2013 /PRNewswire/ --
The U.S. equity market saw a sharp decline on Wednesday, June 19, 2013, as market participants digested comments from Federal Reserve Chairman Ben Bernanke following the release of the Fed's latest monetary policy statement. Although the Fed maintained its $85 billion a month bond buying program for now, commentary from Bernanke suggest that the central bank might start easing its bond purchases towards the end of this year if the economy continues to improve. The S&P 500 fell 1.39% yesterday, and the financial sector was one of the worst performers in the S&P 500. The major movers in the sector included Hudson City Bancorp Inc. (NASDAQ: HCBK), First Niagara Financial Group Inc. (NASDAQ: FNFG), People's United Financial Inc. (NASDAQ: PBCT), and Capitol Federal Financial Inc. (NASDAQ: CFFN). AAAResearchReports.com has released free charting and technical research on these aforementioned companies. Register to read these reports at
Shares in Hudson City Bancorp Inc. fell yesterday, reversing some of their gains for the week. The company's shares traded between $8.47 and $8.59 before closing the day 1.05% lower at $8.48. A total of 2.50 million shares were exchanged which is below the daily average volume of 4.23 million. Hudson City Bancorp's shares are now up 2.29% for this week. The stock is trading near its 52-week high of $8.81. Further, shares of the company are trading below their 50-day and 200-day moving averages. Sign up for free report on HCBK at:
First Niagara Financial Group Inc.'s stock saw a sharp decline on Wednesday, tracking losses in the broader market. The company's shares ended the day 1.50% lower at $9.86 after trading between $9.80 and $10.06. A total of 5.59 million shares were exchanged during the session which is below the daily average volume of 2.99 million. However, despite yesterday's pullback, the company's shares are still trading near their 52-week high. So far this week, the stock has risen by over 0.80%. The free technical report on FNFG can be accessed by signing up at:
Shares in People's United Financial Inc. slipped on Wednesday as the broader market struggled. The company's shares traded between $14.11 and $14.35 before finishing the day at $14.14, down 1.05%. A total of 4.15 million shares were traded which is below the daily average volume of 3.59 million. However, despite the pullback, People's United Financial shares have risen nearly 2.80% in the last three market sessions. A free report on PBCT can be accessed by registering at:
Capitol Federal Financial Inc.'s stock moved lower on Wednesday, reversing most of its gains for this week. The company's shares ended the day 0.83% lower at $11.89 after trading between $11.85 and $12.01. A total of 448,392 shares were traded which is slightly below the daily average volume of 454,347. Capitol Federal Financial shares are up 0.08% for this week. Additionally, the stock is currently trading near its 52-week high of $12.29. In the last three months, the stock has fallen 0.92%, thus underperforming the S&P 500. Register with AAA Research Reports and download research on CFFN for free at:
- This is not company news. We are an independent source and our views do not reflect the companies mentioned.
- Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
- 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.
- 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.
- For any urgent concerns or inquiries, please contact us at compliance@EquityNewsNetwork.com.
- 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.
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 has, through Chartered Financial Analysts, 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.
SOURCE AAA Research Reports
More by this Source
Pre-Market Pulse: Zynga, VeriSign, Tableau Software, and QLogic
Dec 04, 2013, 08:00 ET
Stock in Motion: MetLife, Prudential Financial, Manulife Financial, and Torchmark
Dec 04, 2013, 08:00 ET
Browse our custom packages or build your own to meet your unique communications needs.
Learn about PR Newswire services
Request more information about PR Newswire products and services or call us at (888) 776-0942.