NEW YORK, June 14, 2017 /PRNewswire/ --
DailyStockTracker.com presents the following stocks for today: Wells Fargo & Co. (NYSE: WFC), Citigroup Inc. (NYSE: C), JPMorgan Chase & Co. (NYSE: JPM), and ICICI Bank Ltd (NYSE: IBN). Banks in the Money Center Banks industry raise most of their funds from the domestic and international money marks, relying less on depositors for funds. Take a look at the free research reports issued today on DailyStockTracker.com for these stocks by signing up at:
On Tuesday, shares in San Francisco, California headquartered Wells Fargo & Co. recorded a trading volume of 17.90 million shares. The stock ended the day at $54.45, climbing 0.67% from the last trading session. The Company's shares have advanced 2.70% in the past month. The stock is trading above its 50-day and 200-day moving averages by 1.70% and 3.30%, respectively. Furthermore, shares of Wells Fargo, which provides retail, commercial, and corporate banking services to individuals, businesses, and institutions, have a Relative Strength Index (RSI) of 64.63.
On June 12th, 2017, Wells Fargo announced that, beginning June 24th, 2017, its 28 million mobile and online customers will have access to Zelle℠ person-to-person payments through Wells Fargo Online® and Wells Fargo Mobile®. Zelle allows customers to send and receive payments with almost anyone with a US bank account, using only the recipient's registered mobile phone number or email address. Sign up and read the free research report on WFC at:
New York-based Citigroup Inc.'s stock rose 0.58%, finishing yesterday's session at $64.69. A total volume of 18.73 million shares was traded, which was above their three months average volume of 16.92 million shares. The Company's shares have gained 5.93% in the last month, 5.29% over the previous three months, and 8.85% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 7.11% and 15.02%, respectively. Additionally, shares of Citigroup, which provides various financial products and services for consumers, corporations, governments, and institutions worldwide, have an RSI of 70.89.
On June 09th, 2017, research firm UBS upgraded the Company's stock rating from 'Sell' to 'Neutral' while revising its previous target price from $58 a share to $64 a share.
On June 12th, 2017, Citigroup announced expanded payments capabilities for customers by joining the Zelle Network. Formerly known as "clearXchange®," the Zelle Network, run by Early Warning, allows customers of participating banks to engage in fast and easy person-to-person payments services. The service is available within the Citi Mobile® App for iPhone® and Citibank® Online. The complimentary research report on C can be downloaded at:
Shares in New York headquartered JPMorgan Chase & Co. ended the session 0.33% higher at $87.27. The stock recorded a trading volume of 12.54 million shares. The Company's shares have gained 0.40% in the last one month and 1.14% on an YTD basis. The stock is trading 1.66% above its 50-day moving average and 7.65% above its 200-day moving average. Moreover, shares of JPMorgan Chase & Co., which operates as a financial services company worldwide, have an RSI of 62.09.
On June 12th, 2017, J.P. Morgan Asset Management, a subsidiary of JPMorgan Chase & Co., announced that it has hired two seasoned private credit investors, Brad Demong and Leander Christofides, to join its Alternatives business as Co-CIOs of a new Global Special Situations group. The team managed by Demong and Christofides will operate globally and report to Co-Managing Partners of J.P. Morgan Global Alternatives, Anton Pil and Chris Hayward. Register for free on DailyStockTracker.com and access the latest report on JPM at:
At the closing bell on Tuesday, Mumbai, India-based ICICI Bank Ltd's stock gained 1.35%, finishing at $9.79. A total volume of 6.09 million shares was traded. The Company's shares have advanced 5.50% in the last month, 13.05% over the previous three months, and 30.71% on an YTD basis. The stock is trading 7.19% and 18.22% above its 50-day and 200-day moving averages, respectively. Additionally, shares of ICICI Bank, which together with its subsidiaries, provides banking and financial services in India and internationally, have an RSI of 56.72.
On May 30th, 2017, ICICI Bank announced the launch of a new website and mobile application for Money2India, the Bank's flagship online money transfer service for non-resident Indians (NRIs). The new website, as well as the mobile app, comprises a host of features, which enhance customer experience. NRIs can now enjoy the convenience of a simplified transaction flow to transfer money to India in three simple clicks for their frequent transactions. Get free access to your research report on IBN at:
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