Morning Briefing on Asset Management and Custody Banks Stocks - Apollo Global Management, Och-Ziff Capital Management, Apollo Investment, Ameriprise Financial, and BlackRock

LONDON, November 6, 2014 /PRNewswire/ --

Investor-Edge has initiated coverage on the following equities: Apollo Global Management LLC (NYSE: APO), Och-Ziff Capital Management Group LLC (NYSE: OZM), Apollo Investment Corporation (NASDAQ: AINV), Ameriprise Financial Inc. (NYSE: AMP), and BlackRock Inc. (NYSE: BLK). Free research on these five companies can be accessed at: http://investor-edge.com/register. The US markets on Wednesday, November 05, 2014, mostly ended on a higher note as the Dow Jones Industrial Average finished at 17,484.53, up 0.58% and the NASDAQ Composite closed at 4,620.72, down 0.06%. The S&P 500 finished the session 0.57% higher at 2,023.57. During the trading session, nine out of ten sectors finished on a positive note. The S&P 500 Financials Sector Index ended the day at 324.54, up 0.63%, with the index advancing 8.68% in the previous three months. Register for your complimentary reports on these five stocks at:  

http://investor-edge.com/register

Apollo Global Management LLC's stock edged 0.58% higher, to close the day at $22.52. The stock recorded a trading volume of 0.94 million shares, below its three months average volume of 1.36 million shares. The company's shares oscillated between $22.41 and $22.79 during the session. Over the last three trading sessions and over the past one month, Apollo Global Management LLC's shares have fallen by 1.01% and 4.86%, respectively. Further, the stock has lost 28.76% since the start of this year. The company's stock is trading below its 50-day and 200-day moving averages. Apollo Global Management LLC stock's 200-day moving average of $27.09 is above its 50-day moving average of $23.15. Additionally, the stock traded at a PE ratio of 16.32 and has a Relative Strength Index (RSI) of 44.68. Sign up and read the free notes on APO at:

http://www.Investor-Edge.com/APO-06Nov2014

On Wednesday, shares in Och-Ziff Capital Management Group LLC fluctuated between $11.06 and $11.26 before ending the session 0.45% higher at $11.12. The stock reported a trading volume of 0.63 million shares, lower than its three months average volume of 1.14 million shares. Shares of the company traded at a PE ratio of 15.65. Although Och-Ziff Capital Management Group LLC's stock has advanced 0.91% in the previous three trading sessions, it has fallen by 1.24% in the last one month and 24.86% on YTD basis. The company's stock is trading below its 50-day and 200-day moving averages of $11.37 and $12.88, respectively. Moreover, shares of Och-Ziff Capital Management Group LLC have an RSI of 50.03. The complimentary notes on OZM can be downloaded as in PDF format at:

http://www.Investor-Edge.com/OZM-06Nov2014

Apollo Investment Corp.'s stock edged 0.25% higher to end Wednesday's session at $8.15. The stock recorded a trading volume of 1.17 million shares, below its three months average volume of 1.85 million shares. The company's shares fluctuated between $8.15 and $8.23 during the session. Shares of the company traded at a PE ratio of 9.27. Apollo Investment Corp.'s shares have fallen by 3.83% since the beginning of 2014. Further, the stock has lost 1.21% in the previous three trading sessions and 1.57% over the last one month. The company's stock is trading below its 50-day and 200-day moving averages. Apollo Investment Corp. stock's 200-day moving average of $8.42 is above its 50-day moving average of $8.35. Additionally, the stock has an RSI of 47.65. Register for free on Investor-Edge and access the latest research on AINV at:

http://www.Investor-Edge.com/AINV-06Nov2014

On Wednesday, shares in Ameriprise Financial Inc. recorded a trading volume of 0.83 million shares, lower than its three months average volume of 0.94 million shares. The stock ended the day at $128.57, which was 0.46% above its previous day's closing of $127.98, hitting a new 52-week high of $129.38. Shares of the company traded at a PE ratio of 15.88. Ameriprise Financial Inc.'s shares have gained 1.90% in the previous three trading sessions, 5.52% in the last one month, and 11.75% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $121.76 and $115.25, respectively. Furthermore, shares of Ameriprise Financial Inc. has an RSI of 68.81. The complete research on AMP is available for free at:

http://www.Investor-Edge.com/AMP-06Nov2014

BlackRock Inc.'s stock finished Wednesday's session 0.80% higher at $344.25, hitting a new 52-week high of $347.36. A total of 0.69 million shares were traded, which was above its three months average volume of 0.60 million shares. The stock vacillated between $343.82 and $347.36 during the session. Over the last one month and over the past three months, BlackRock Inc.'s shares have gained 5.25% and 14.33%, respectively. Additionally, from the beginning of 2014, the stock has advanced 8.78%. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $326.02 is greater than its 200-day moving average of $312.57. BlackRock Inc.'s stock traded at a PE ratio of 18.60 and has an RSI of 66.27. Free in depth research on BLK is available at:

http://www.Investor-Edge.com/BLK-06Nov2014

About Investor-Edge.com 

At Investor-Edge, we provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Investor-Edge comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities.

===============

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.

SOURCE Investor-Edge

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED