NEW YORK, July 20, 2016 /PRNewswire/ --
Ahead of today's trading session, Stock-Callers.com draws
investors attention back to four Financial equities, namely, Apollo
Global Management LLC (NYSE: APO), First Bancorp (NYSE: FBP), HDFC
Bank Ltd (NYSE: HDB), and Popular Inc. (NASDAQ: BPOP). Ongoing
disruptions continue to challenge the entire Financial sector,
which is now in a much better shape than it was in 2008. There is a
positive outlook for the industry as a possible rate hike before
the year ends is likely. Learn more about these stocks by accessing
their free notes at: http://stock-callers.com/registration
Let us now review the recent performances of the aforementioned
stocks at the close on Tuesday, July 19,
2016:
Apollo Global Management
New York headquartered Apollo
Global Management LLC's stock finished the session 0.19% lower at
$15.99 with a total volume of 498,757
shares traded. The Company's shares have advanced 3.97% in the past
month and 9.12% since the start of this year. The stock is trading
0.68% above its 50-day moving average and 1.60% above its 200-day
moving average. Additionally, shares of Apollo Global Management,
which primarily provides its services to endowment and sovereign
wealth funds, as well as other institutional and individual
investors, have a Relative Strength Index (RSI) of 59.82.
On June
29[th], 2016,
Diamond Resorts International, Inc. announced that it has entered
into an Agreement and Plan of Merger with affiliates of certain
funds (the "Apollo Funds") managed by affiliates of Apollo Global
Management, pursuant to which the Apollo Funds will acquire Diamond
Resorts for $30.25 per share or
approximately $2.2 billion. Free
notes on APO are available at:
http://stock-callers.com/registration/?symbol=APO
First Bancorp
On Tuesday, shares in Santurce, Puerto
Rico headquartered First Bancorp recorded a total volume of
413,184 shares. The stock ended the session 1.98% lower at
$4.45. The Company's shares have
advanced 9.34% in the last one month, 39.50% in the previous three
months, and 36.92% on an YTD basis. The stock is trading 8.09%
above its 50-day moving average and 29.69% above its 200-day moving
average. Moreover, shares of First Bancorp, which operates as the
bank holding company for FirstBank Puerto Rico that provides a
range of financial products and services to retail, commercial, and
institutional clients, have an RSI of 59.15.
On June 9th, 2016,
First BanCorp announced that it has received regulatory approval to
bring current the unpaid interest on its $216 million of trust preferred securities
outstanding. The company had elected to defer the interest payments
that were due in quarterly periods since March 2012. The Company informed that the
aggregate amount of payments deferred and accrued through
March 31st, 2016 plus the
interest for the second quarter of 2016 approximates $31.2 million. The complimentary notes on FBP can
be accessed at:
http://stock-callers.com/registration/?symbol=FBP
HDFC Bank
Shares in Mumbai, India based
HDFC Bank Ltd closed the day 0.13% lower at $68.62 and with a total volume of 350,613 shares
traded. The stock has gained 6.53% in the last month, 8.93% over
the previous three months, and 12.12% on an YTD basis. The
Company's shares are trading 5.59% above their 50-day moving
average and 13.40% above their 200-day moving average.
Additionally, shares of HDFC Bank, which provides a range of
banking and financial services to individuals and businesses in
India, Bahrain, Hong
Kong, and Dubai, have an
RSI of 67.21. Visit us today and access our complete notes on HDB
at: http://stock-callers.com/registration/?symbol=HDB
Popular
At the close, shares in Hato Rey,
Puerto Rico headquartered Popular
Inc. ended at $30.92, climbing 0.52%.
The stock recorded a trading volume of 442,796 shares. The
Company's shares have advanced 5.60% in the last one month, 6.01%
in the previous three months, and 10.25% since the start of this
year. The stock is trading above its 50-day and 200-day moving
averages by 3.80% and 9.43%, respectively. Furthermore, shares of
Popular, which through its subsidiaries, provide various retail and
commercial banking products and services primarily to institutional
and retail customers, have an RSI of 60.97.
On June 23rd, 2016,
research firm Barclays initiated an 'Equal-Weight' rating, issuing
a target price of $32 on the
Company's stock.
On July 19th, 2016,
Popular announced the launch of Popular Direct, a national online
banking platform that offers competitively priced Certificates of
Deposits and a Savings Account. Popular Direct plans to roll out
online checking as well as some other consumer products over the
next 18 months. Get free access to your notes on BPOP at:
http://stock-callers.com/registration/?symbol=BPOP
--
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