Welcome!

News Feed Item

Savings & Loans Stocks Technical Notes: Ocwen Financial, New York Community Bancorp, Hudson City Bancorp, and People's United Financial

Editor Note: For more information about this release, please scroll to bottom.

LONDON, March 7, 2014 /PRNewswire/ --

On Thursday, March 06, 2014, the NASDAQ Composite ended at 4,352.13, down 0.13%, the Dow Jones Industrial Average advanced 0.38% to 16,421.89, and the S&P 500 closed at 1,877.03, up 0.17%.  The gains were broad based with seven of ten sectors edging higher. The S&P 500 Financials Sector Index finished the day at 299.38, up 0.68%, while the same has gained 5.75% in the last one month. Investor-Edge.com has initiated coverage on the following equities Ocwen Financial Corporation (NYSE: OCN), New York Community Bancorp Inc. (NYSE: NYCB), Hudson City Bancorp Inc. (NASDAQ: HSBK), and People's United Financial Inc. (NASDAQ: PBCT). Free research on these five companies can be accessed at:  

http://investor-edge.com/register

On Thursday, Ocwen Financial Corp.'s stock surged 3.95% to close the day at $40.02. A total of 4.87 million shares were traded, which is below the three months average volumes of 3.23 million. The company's shares oscillated between $38.57 and $40.51 during the trading session. The stock traded at a PE ratio of 15.59. Ocwen Financial's shares have fallen by 3.29% in the last one month and 27.83% on YTD basis, while the same has advanced 8.90% in the previous three trading sessions. The company's stock is trading below its 50-day and 200-day moving averages. Ocwen Financial Corp.'s 200-day moving average of $49.54 is above the 50-day moving average of $46.32. Furthermore, the stock is trading at the Relative Strength Index (RSI) of 42.15. Sign up and read the free notes on OCN at:

http://www.Investor-Edge.com/03072014/OCN/report.pdf

Shares in New York Community Bancorp Inc. witnessed trading of 3.85 million shares, as compared with a three month average volume of 2.26 million shares. The stock ended the day at $16.14, up 0.12% and at an intraday trading range of $15.99 and $16.16. The stock traded at a PE ratio of 14.94. New York Community Bancorp's shares have gained 2.02% in the previous three trading sessions and 5.15% in the last one month, while the same has declined 4.21% on YTD basis. The stock is trading above its 200-day moving average. The company's 50-day moving average of $16.33 is above the 200-day moving average of $15.41. Additionally, shares of the company are trading at the Relative Strength Index (RSI) of 53.54. The complimentary notes on NYCB can be downloaded as in PDF format at:

http://www.Investor-Edge.com/03072014/NYCB/report.pdf

On Thursday, shares in Hudson City Bancorp Inc. advanced 0.73% finishing the session at $9.66. The stock recorded trading volume of 2.66 million shares as compared to a three months average volume of 3.97 million shares. It fluctuated between $9.57 and $9.70 during the session. Shares of the company traded at a PE ratio of 25.42. Hudson City Bancorp's shares have gained 2.88% in the previous three trading sessions, 5.69% in the last one month, and 2.44% on YTD basis. The stock is trading above its 50-day and 200-day moving averages. Hudson City Bancorp Inc.'s 50-day moving average of $9.24 is above the 200-day moving average of $9.18. Moreover, the stock is trading at the Relative Strength Index (RSI) of 64.81. Register for free on Investor-Edge and access the latest research on HCBK at:

 http://www.Investor-Edge.com/03072014/HCBK/report.pdf

Shares in People's United Financial Inc. saw a trading of 2.55 million shares, as compared with a three month average volume of 4.29 million shares. The stock ended the day at $14.61, up 1.32%, and at an intraday range of $14.46 and $14.65. The company's shares traded at a PE ratio of 18.26. People's United Financial's shares have fallen by 3.37% on YTD basis. Shares of the company have gained 3.47% in the previous three trading sessions and 5.11% in the last one month. The stock is trading above its 50-day moving average. People's United Financial Inc.'s 200-day moving average of $14.61 is above the 50-day moving average of $14.58. Furthermore, the tock is trading at the Relative Strength Index (RSI) of 55.53. The complete research on PBCT is available for free at:

http://www.Investor-Edge.com/03072014/PBCT/report.pdf

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 NOTES:

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

  • This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  • Information in this release is fact checked and produced on a best efforts basis and reviewed by Nidhi Vatsal, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
  • 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.
  • 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] Investor-edge.com.
  • For any urgent concerns or inquiries, please contact us at compliance [at] Investor-edge.com.
  • Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] 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. An outsourced research services provider represented by Nidhi Vatsal, CFA, 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.

Investor-Edge.com

SOURCE Investor-Edge

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Akana has announced the availability of version 8 of its API Management solution. The Akana Platform provides an end-to-end API Management solution for designing, implementing, securing, managing, monitoring, and publishing APIs. It is available as a SaaS platform, on-premises, and as a hybrid deployment. Version 8 introduces a lot of new functionality, all aimed at offering customers the richest API Management capabilities in a way that is easier than ever for API and app developers to use.
Personalization has long been the holy grail of marketing. Simply stated, communicate the most relevant offer to the right person and you will increase sales. To achieve this, you must understand the individual. Consequently, digital marketers developed many ways to gather and leverage customer information to deliver targeted experiences. In his session at @ThingsExpo, Lou Casal, Founder and Principal Consultant at Practicala, discussed how the Internet of Things (IoT) has accelerated our abil...
Kubernetes, Docker and containers are changing the world, and how companies are deploying their software and running their infrastructure. With the shift in how applications are built and deployed, new challenges must be solved. In his session at @DevOpsSummit at19th Cloud Expo, Sebastian Scheele, co-founder of Loodse, will discuss the implications of containerized applications/infrastructures and their impact on the enterprise. In a real world example based on Kubernetes, he will show how to ...
With so much going on in this space you could be forgiven for thinking you were always working with yesterday’s technologies. So much change, so quickly. What do you do if you have to build a solution from the ground up that is expected to live in the field for at least 5-10 years? This is the challenge we faced when we looked to refresh our existing 10-year-old custom hardware stack to measure the fullness of trash cans and compactors.
SYS-CON Events announced today that Isomorphic Software will exhibit at DevOps Summit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Isomorphic Software provides the SmartClient HTML5/AJAX platform, the most advanced technology for building rich, cutting-edge enterprise web applications for desktop and mobile. SmartClient combines the productivity and performance of traditional desktop software with the simp...
The emerging Internet of Everything creates tremendous new opportunities for customer engagement and business model innovation. However, enterprises must overcome a number of critical challenges to bring these new solutions to market. In his session at @ThingsExpo, Michael Martin, CTO/CIO at nfrastructure, outlined these key challenges and recommended approaches for overcoming them to achieve speed and agility in the design, development and implementation of Internet of Everything solutions wi...
Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is expected in the amount of information being processed, managed, analyzed, and acted upon by enterprise IT. This amazing is not part of some distant future - it is happening today. One report shows a 650% increase in enterprise data by 2020. Other estimates are even higher....
I wanted to gather all of my Internet of Things (IOT) blogs into a single blog (that I could later use with my University of San Francisco (USF) Big Data “MBA” course). However as I started to pull these blogs together, I realized that my IOT discussion lacked a vision; it lacked an end point towards which an organization could drive their IOT envisioning, proof of value, app dev, data engineering and data science efforts. And I think that the IOT end point is really quite simple…
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - comp...
Qosmos has announced new milestones in the detection of encrypted traffic and in protocol signature coverage. Qosmos latest software can accurately classify traffic encrypted with SSL/TLS (e.g., Google, Facebook, WhatsApp), P2P traffic (e.g., BitTorrent, MuTorrent, Vuze), and Skype, while preserving the privacy of communication content. These new classification techniques mean that traffic optimization, policy enforcement, and user experience are largely unaffected by encryption. In respect wit...
"My role is working with customers, helping them go through this digital transformation. I spend a lot of time talking to banks, big industries, manufacturers working through how they are integrating and transforming their IT platforms and moving them forward," explained William Morrish, General Manager Product Sales at Interoute, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 19th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and ThingsExpo Silicon Valley Call for Papers is now open.
To leverage Continuous Delivery, enterprises must consider impacts that span functional silos, as well as applications that touch older, slower moving components. Managing the many dependencies can cause slowdowns. See how to achieve continuous delivery in the enterprise.
Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more business becomes digital the more stakeholders are interested in this data including how it relates to business. Some of these people have never used a monitoring tool before. They have a question on their mind like “How is my application doing” but no id...
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportuni...