Early Briefing and Review: New York Community Bancorp, CBL & Associates, NYSE Euronext, and Mack-Cali
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LONDON, June 19, 2013 /PRNewswire/ --
The U.S. equity market posted significant gains for a second day in a row on Tuesday, June 18, 2013. Stocks rallied even as investors wait for the Federal Reserve's monetary policy statement which is scheduled to be released on Wednesday, June 19, 2013, following a two-day meeting. In recent weeks, speculation that the Fed will start easing its $85 billion a month bond buying program has put significant pressure on equity markets in the U.S., as well as globally. Investors are hoping that the Fed's monetary policy statement on Wednesday will offer hints on when the central bank plans to start tapering its bond buying program. Ahead of the statement, all three benchmark indexes in the U.S. rose sharply. The financial sector was one of the major gainers in the S&P 500. The chief movers in the sector included New York Community Bancorp Inc. (NYSE: NYCB), CBL & Associates Properties Inc. (NYSE: CBL), NYSE Euronext (NYSE: NYX), and Mack Cali Realty Corp. (NYSE: CLI). AAAResearchReports.com has released free charting and technical research on these aforementioned companies. Register to read these reports at
http://www.aaaresearchreports.com/register/
Shares in New York Community Bancorp Inc. moved higher yesterday, extending their gains from previous trading sessions. The company's shares traded between $13.45 and $13.69 before finishing the day at $13.61, up 0.81%. A total of 3.34 million shares were traded which is above the daily average volume of 3.09 million. Shares of this savings & loans company have grown by nearly 2.90% in the last three sessions. So far this year, the stock has increased around 5.2%, but it is still underperforming the S&P 500. Further, the stock is currently trading 9.60% below its 52-week high. Sign up for free report on NYCB at:
http://www.AAAResearchReports.com/NYCB061913.pdf
CBL & Associates Properties Inc.'s stock moved higher on Tuesday, tracking gains in the broader market. The company's shares traded between $22.25 and $22.84 before finishing the day at $22.72, or 1.52% higher than its last closing price. A total of 1.48 million shares were traded which is below the daily average volume of 1.81 million. Shares of this retail REIT company have fallen over 14% in the last one month. However, despite the recent losses, the stock has gained nearly 9.10% since the start of this year. However, the stock is still underperforming the S&P 500. The company's shares are currently trading below their 50-day moving average. CBL free technical report can be accessed by signing up at:
http://www.AAAResearchReports.com/CBL061913.pdf
Shares in NYSE Euronext surged by 1.76% on Tuesday as they extend their gains from previous trading sessions. The company's shares hit a 52-week high of $42.42 yesterday before finishing the day at $42.28. A total of 1.23 million shares were traded during the session, slightly below its daily average volume of 1.33 million. The stock has gained 3.60% in the last three trading sessions. So far this year, the stock has also seen a growth of over 33.60%, thus outperforming the S&P 500. NYSE Euronext stock is currently trading well above its 50- and 200-day moving averages. A free report on NYX can be accessed by registering at:
http://www.AAAResearchReports.com/NYX061913.pdf
Mack Cali Realty Corp.'s stock fluctuated between gains and losses yesterday before finishing the day nearly flat. The company's shares traded between $24.59 and $24.82 before finishing the day 0.04% lower at $24.70. A total of 772,430 shares were exchanged which is below the daily average volume of 844,357. Shares of the company have fallen by 0.16% in the last three sessions. In the last one month, the stock has tumbled by nearly 11.90%. Register with AAA Research Reports and download research on CLI for free at:
http://www.AAAResearchReports.com/CLI061913.pdf
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SOURCE AAA Research Reports
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