Welcome!

News Feed Item

Analysts View on Asset Management Equities: Bank of New York Mellon, Prospect Capital, Franklin Resources, and Invesco

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

LONDON, March 11, 2014 /PRNewswire/ --

On Monday, March 10, 2014, the NASDAQ Composite ended at 4,334.45, down 0.04%, the Dow Jones Industrial Average fell 0.21% to 16,418.68, and the S&P 500 closed at 1,877.17, down 0.05%. During the session, the losses were broad based with six of ten sectors going down. The S&P 500 Financials Sector Index finished the day at 300.99, up 0.04%, and has gained 4.86% in the last one month. Investor-Edge.com has initiated coverage on the following equities: The Bank of New York Mellon Corporation (NYSE: BK), Prospect Capital Corporation (NASDAQ: PSEC), Franklin Resources Inc. (NYSE: BEN), and Invesco Ltd (NYSE: IVZ). Free research on these four companies can be accessed at:  

http://investor-edge.com/register

Shares in The Bank of New York Mellon Corp. saw a trading of 3.66 million shares on Monday, as compared with a three month average volume of 4.97 million shares. The stock ended the day at $33.34, down 0.51%, and at an intraday range of $33.19 and $33.43. The company's shares traded at a PE ratio of 13.53 and have fallen by 4.58% on YTD basis. Shares of the company have advanced 2.77% in the previous three trading sessions, 5.81% in the last one month. The stock is trading above its 50-day and 200-day moving averages. The Bank of New York Mellon Corp.'s 50-day moving average of $32.77 is above the 200-day moving average of $31.53. Furthermore, the stock is trading at the Relative Strength Index (RSI) of 65.69. Sign up and read the free notes on BK at:

http://www.Investor-Edge.com/03112014/BK/report.pdf

On Monday, shares in Prospect Capital Corp. edged 0.56% higher to close the day at $10.85. A total of 3.56 million shares were traded which is below the three months average volume of 4.43 million. The company's shares oscillated between $10.75 and $10.85 during the trading session. The stock traded at a PE ratio of 8.42. Prospect Capital Corp.'s shares have gained 0.09% in the previous three trading sessions, while the same has fallen by 3.04% in the last one month and 3.30% on YTD basis. The stock is trading below its 50-day and 200-day moving averages. The company's 50-day moving average of $11.15 is above the 200-day moving average of $11.08. Furthermore, the stock is trading at the Relative Strength Index (RSI) of 34.57. The complimentary notes on PSEC can be downloaded as in PDF format at:

http://www.Investor-Edge.com/03112014/PSEC/report.pdf

Shares in Franklin Resources Inc. lost 1.13% on Monday, finishing the day at $53.20. The stock recorded trading volume of 2.39 million shares as compared to a three months average volume of 2.62 million shares. The company's shares fluctuated between $52.81 and $53.88 during the session. Shares of the company traded at a PE ratio of 15.13. Franklin Resources Inc.'s shares have advanced 0.66% in the last one month, while the same has declined 0.41% in the previous three trading sessions and 7.85% on YTD basis. The stock is trading above its 200-day moving average. The company's 50-day moving average of $54.57 is above the 200-day moving average of $51.62. Moreover, the stock is trading at the Relative Strength Index (RSI) of 53.33. Register for free on Investor-Edge and access the latest research on BEN at:

http://www.Investor-Edge.com/03112014/BEN/report.pdf

On Monday, Invesco Ltd's stock witnessed trading of 4.21 million shares, as compared with a three month average volume of 3.42 million shares. The stock closed the day at $34.86, up 0.98%, after vacillating between $34.13 and $34.90 during the session. The company's shares traded at a PE ratio of 17.45 and have gone down by 4.23% on YTD basis. Invesco Ltd's shares have gained 1.28% in the previous three trading sessions and 2.23% in the last one month. The stock is trading above its 50-day and 200-day moving averages. The company's 50-day moving average of $34.51 is above the 200-day moving average of $33.29. Additionally, the company's shares are trading at the Relative Strength Index (RSI) of 54.57. The complete research on IVZ is available for free at:

http://www.Investor-Edge.com/03112014/IVZ/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.


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
SYS-CON Events announced today that Secure Channels will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. The bedrock of Secure Channels Technology is a uniquely modified and enhanced process based on superencipherment. Superencipherment is the process of encrypting an already encrypted message one or more times, either using the same or a different algorithm.
Vidyo, Inc., has joined the Alliance for Open Media. The Alliance for Open Media is a non-profit organization working to define and develop media technologies that address the need for an open standard for video compression and delivery over the web. As a member of the Alliance, Vidyo will collaborate with industry leaders in pursuit of an open and royalty-free AOMedia Video codec, AV1. Vidyo’s contributions to the organization will bring to bear its long history of expertise in codec technolo...
Traditional on-premises data centers have long been the domain of modern data platforms like Apache Hadoop, meaning companies who build their business on public cloud were challenged to run Big Data processing and analytics at scale. But recent advancements in Hadoop performance, security, and most importantly cloud-native integrations, are giving organizations the ability to truly gain value from all their data. In his session at 19th Cloud Expo, David Tishgart, Director of Product Marketing ...
SYS-CON Events announced today that Bsquare has been named “Silver Sponsor” of SYS-CON's @ThingsExpo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. For more than two decades, Bsquare has helped its customers extract business value from a broad array of physical assets by making them intelligent, connecting them, and using the data they generate to optimize business processes.
If you’re responsible for an application that depends on the data or functionality of various IoT endpoints – either sensors or devices – your brand reputation depends on the security, reliability, and compliance of its many integrated parts. If your application fails to deliver the expected business results, your customers and partners won't care if that failure stems from the code you developed or from a component that you integrated. What can you do to ensure that the endpoints work as expect...
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life sett...
Digitization is driving a fundamental change in society that is transforming the way businesses work with their customers, their supply chains and their people. Digital transformation leverages DevOps best practices, such as Agile Parallel Development, Continuous Delivery and Agile Operations to capitalize on opportunities and create competitive differentiation in the application economy. However, information security has been notably absent from the DevOps movement. Speed doesn’t have to negat...
The Transparent Cloud-computing Consortium (abbreviation: T-Cloud Consortium) will conduct research activities into changes in the computing model as a result of collaboration between "device" and "cloud" and the creation of new value and markets through organic data processing High speed and high quality networks, and dramatic improvements in computer processing capabilities, have greatly changed the nature of applications and made the storing and processing of data on the network commonplace.
Your business relies on your applications and your employees to stay in business. Whether you develop apps or manage business critical apps that help fuel your business, what happens when users experience sluggish performance? You and all technical teams across the organization – application, network, operations, among others, as well as, those outside the organization, like ISPs and third-party providers – are called in to solve the problem.
SYS-CON Events announced today that ReadyTalk, a leading provider of online conferencing and webinar services, has been named Vendor Presentation Sponsor at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. ReadyTalk delivers audio and web conferencing services that inspire collaboration and enable the Future of Work for today’s increasingly digital and mobile workforce. By combining intuitive, innovative tec...
Cognitive Computing is becoming the foundation for a new generation of solutions that have the potential to transform business. Unlike traditional approaches to building solutions, a cognitive computing approach allows the data to help determine the way applications are designed. This contrasts with conventional software development that begins with defining logic based on the current way a business operates. In her session at 18th Cloud Expo, Judith S. Hurwitz, President and CEO of Hurwitz & ...
The vision of a connected smart home is becoming reality with the application of integrated wireless technologies in devices and appliances. The use of standardized and TCP/IP networked wireless technologies in line-powered and battery operated sensors and controls has led to the adoption of radios in the 2.4GHz band, including Wi-Fi, BT/BLE and 802.15.4 applied ZigBee and Thread. This is driving the need for robust wireless coexistence for multiple radios to ensure throughput performance and th...
Enterprise IT has been in the era of Hybrid Cloud for some time now. But it seems most conversations about Hybrid are focused on integrating AWS, Microsoft Azure, or Google ECM into existing on-premises systems. Where is all the Private Cloud? What do technology providers need to do to make their offerings more compelling? How should enterprise IT executives and buyers define their focus, needs, and roadmap, and communicate that clearly to the providers?
SYS-CON Events announced today that Commvault, a global leader in enterprise data protection and information management, has been named “Bronze Sponsor” of SYS-CON's 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Commvault is a leading provider of data protection and information management solutions, helping companies worldwide activate their data to drive more value and business insight and to transform moder...
Much of the value of DevOps comes from a (renewed) focus on measurement, sharing, and continuous feedback loops. In increasingly complex DevOps workflows and environments, and especially in larger, regulated, or more crystallized organizations, these core concepts become even more critical. In his session at @DevOpsSummit at 18th Cloud Expo, Andi Mann, Chief Technology Advocate at Splunk, showed how, by focusing on 'metrics that matter,' you can provide objective, transparent, and meaningful f...