LONDON, October 31, 2013 /PRNewswire/ --
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On Wednesday, October 30, 2013, all three benchmark indexes of the US equity market edged lower, with the S&P 500, the Dow Jones Industrial Average, and the NASDAQ Composite falling by 0.49%, 0.39%, and 0.55%, respectively. Shares in the credit services industry mostly ended on a lower note, as the broader market posted losses. The major movers in the industry included CapitalSource Inc. (NYSE: CSE), Discover Financial Services (NYSE: DFS), SLM Corporation (NASDAQ: SLM), and CIT Group Inc. (NYSE: CIT). All these companies are tracked by AAAResearchReports.com. Free technical research on CSE, DFS, SLM, and CIT can be downloaded upon signing up at:
http://www.aaaresearchreports.com/register/
On Wednesday, CapitalSource Inc.'s stock edged lower, after hitting a new 52-week high of $13.23. The company's shares closed the day at $13.06, down 0.61% from the previous day's price of $13.14. A total of 0.93 million shares were traded, which is less than the daily average volume of 1.73 million. Despite Wednesday's losses, the company's shares have gained 9.93% in the last one month and 8.20% in the previous three months, outperforming the S&P 500, which has advanced 4.86% and 4.59% during the respective periods. Additionally, CapitalSource Inc.'s stock is trading above its 50-day and 200-day moving averages of $12.05 and $10.14, respectively. Sign up and read the complimentary report on CSE at:
http://www.AAAResearchReports.com/CSE103113.pdf
On Wednesday, Discover Financial Services' stock closed at $52.46, down 0.15% from the previous day's closing price of $52.54. The company's shares vacillated between $52.31 and $53.13 during the trading session. A total of 2.97 million shares were traded, which is above the daily average volume of 2.88 million. Despite Wednesday's pullback, the company's shares have gained 3.80% in the last one month and 4.63% in the previous three months, compared to a gain of 4.86% and 4.59% in the S&P 500 during the respective periods. Furthermore, Discover Financial Services' stock is trading above its 50-day and 200-day moving averages of $50.60 and $46.43, respectively. The free report on DFS can be downloaded by signing up now at:
http://www.AAAResearchReports.com/DFS103113.pdf
SLM Corp.'s shares ended the day 1.04% lower at $25.62, after vacillating between $25.58 and $26.00 on Wednesday. A total of 1.35 million shares were traded, which is significantly below the daily average volume of 2.76 million. Despite Wednesday's decline, SLM Corp.'s shares have advanced 2.89% in the last one month and 4.44% in the previous three months, compared to a gain of 4.86% and 4.59% in the S&P 500 during the respective periods. Further, the company's stock is trading near its 52-week high of $26.28 and above its 50-day and 200-day moving averages of $24.95 and $22.21, respectively. A free report on SLM can be accessed by registering at:
http://www.AAAResearchReports.com/SLM103113.pdf
Shares in CIT Group Inc. closed at par with the previous day's closing price of $48.50 on Wednesday, even as the broader traded posted losses. The company's shares oscillated between $48.07 and $48.76 during the trading session. A total of 1.45 million shares were traded, which is above the daily average volume of 1.07 million. The company's shares have fallen by 0.55% in the last one month, compared to a gain of 4.86% in the S&P 500 during the same period. However, CIT Group Inc.'s stock is trading above its 200-day moving average of $45.91. Register with AAA Research Reports and download research on CIT for free at:
http://www.AAAResearchReports.com/CIT103113.pdf
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SOURCE AAA Research Reports
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