Welcome!

News Feed Item

Momentum Indicators for Banking Equities -- Research on First Niagara Financial, Valley National Bancorp, Susquehanna Bancshares, and Umpqua Holdings

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

LONDON, April 9, 2014 /PRNewswire/ --

On Tuesday, April 08, 2014, the NASDAQ Composite ended at 4,112.99, up 0.81%, the Dow Jones Industrial Average finished 0.06% higher at 16,256.14, and the S&P 500 closed at 1,851.96, up 0.38%. During the session, positive momentum was observed in Utilities, Consumer Discretionary, and Energy sectors, while the Health Care, Telecommunication Services, and Industrials sectors exerted a drag. The S&P 500 Financials Sector Index advanced 0.13% to finish the day at 294.69, while the same has fallen by 2.05% in last one month. Investor-Edge has initiated coverage on the following equities: First Niagara Financial Group Inc. (NASDAQ: FNFG), Valley National Bancorp (NYSE: VLY), Susquehanna Bancshares Inc. (NASDAQ: SUSQ) and Umpqua Holdings Corp. (NASDAQ: UMPQ). Free technical research on FNFG, VLY, SUSQ and UMPQ can be downloaded upon signing up at:

http://www.investor-edge.com/935-register

Shares in First Niagara Financial Group Inc. reported a trading volume of 4.79 million shares, as compared with its three months average volume of 4.69 million shares. The stock ended the day at $9.38, up 0.97% and at an intraday range of $9.25 and $9.42. The company's shares traded at a PE ratio of 12.34. First Niagara Financial Group Inc.'s shares have advanced 0.75% in the last month, while the stock has fallen by 1.37% in the previous three trading sessions and 11.68% on YTD basis. The stock is trading above its 50-day moving average. First Niagara Financial Group Inc.'s 200-day moving average of $10.16 is above its 50-day moving average of $8.97. Furthermore, the stock has a Relative Strength Index (RSI) of 51.00. Sign up today to read free research on FNFG at:

http://www.investor-edge.com/935-FNFG-09Apr2014.pdf

On Tuesday, shares in Valley National Bancorp. edged 0.19% lower to close the day at $10.53. The stock recorded a trading volume of 3.14 million shares as compared with its three months average volume of 1.34 million shares. The stock oscillated between $10.45 and $10.71 during the trading session. The company's shares traded at a PE ratio of 16.84. Valley National Bancorp.'s shares have gained 1.25% in the last one month and 4.05% on YTD basis, while the same has edged lower by 0.19% in the previous three trading sessions. The stock is trading above its 50-day and 200-day moving averages of $10.06 and $10.04, respectively. Additionally, the stock has an RSI of 59.52. Sign up today to read free research on VLY at:

http://www.investor-edge.com/935-VLY-09Apr2014.pdf

Susquehanna Bancshares Inc.'s shares finished the session 0.09% lower at $11.38. A total of 1.18 million shares were traded, which is below its three months average volume of 1.57 million shares. The stock fluctuated between $11.28 and $11.49 during the session. The company's shares traded at a PE ratio of 12.17. Susquehanna Bancshares Inc.'s stock has fallen by 2.40% in the previous three trading sessions and 11.37% on YTD basis, while the same has advanced 1.88% in the last one month. The stock is trading above its 50-day moving average. Susquehanna Bancshares Inc.'s 200-day moving average of $12.32 is above its 50-day moving average of $10.98. Further, the stock has an RSI of 54.88. Sign up today to read free research on SUSQ at:

http://www.investor-edge.com/935-SUSQ-09Apr2014.pdf

Umpqua Holdings Corp.'s stock recorded a trading volume of 0.89 million shares, as compared with its three months average volume of 1.12 million shares. The stock ended the day at $18.40, down 0.43%, after vacillating between $18.28 and $18.70. Shares of the company traded at a PE ratio of 19.92. Umpqua Holdings Corp.'s shares have declined 3.92% in the previous three trading sessions, 2.08% in the last one month and 3.87% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $18.00 and $17.33, respectively. Additionally, shares of the company have an RSI of 49.25. Sign up today to read free research on UMPQ at:

http://www.investor-edge.com/935-UMPQ-09Apr2014.pdf


===============
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 fact checked and produced on a best efforts basis and reviewed by Namrata Maheshwari, 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.

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] www.investor-edge.com.

5. For any urgent concerns or inquiries, please contact us at compliance [at] 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] 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. An outsourced research services provider represented by Namrata Maheshwari, 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
When growing capacity and power in the data center, the architectural trade-offs between server scale-up vs. scale-out continue to be debated. Both approaches are valid: scale-out adds multiple, smaller servers running in a distributed computing model, while scale-up adds fewer, more powerful servers that are capable of running larger workloads. It’s worth noting that there are additional, unique advantages that scale-up architectures offer. One big advantage is large memory and compute capacity...
A look across the tech landscape at the disruptive technologies that are increasing in prominence and speculate as to which will be most impactful for communications – namely, AI and Cloud Computing. In his session at 20th Cloud Expo, Curtis Peterson, VP of Operations at RingCentral, highlighted the current challenges of these transformative technologies and shared strategies for preparing your organization for these changes. This “view from the top” outlined the latest trends and developments i...
Artificial intelligence, machine learning, neural networks. We’re in the midst of a wave of excitement around AI such as hasn’t been seen for a few decades. But those previous periods of inflated expectations led to troughs of disappointment. Will this time be different? Most likely. Applications of AI such as predictive analytics are already decreasing costs and improving reliability of industrial machinery. Furthermore, the funding and research going into AI now comes from a wide range of com...
It is ironic, but perhaps not unexpected, that many organizations who want the benefits of using an Agile approach to deliver software use a waterfall approach to adopting Agile practices: they form plans, they set milestones, and they measure progress by how many teams they have engaged. Old habits die hard, but like most waterfall software projects, most waterfall-style Agile adoption efforts fail to produce the results desired. The problem is that to get the results they want, they have to ch...
No hype cycles or predictions of zillions of things here. IoT is big. You get it. You know your business and have great ideas for a business transformation strategy. What comes next? Time to make it happen. In his session at @ThingsExpo, Jay Mason, Associate Partner at M&S Consulting, presented a step-by-step plan to develop your technology implementation strategy. He discussed the evaluation of communication standards and IoT messaging protocols, data analytics considerations, edge-to-cloud tec...
Cloud Expo, Inc. has announced today that Andi Mann and Aruna Ravichandran have been named Co-Chairs of @DevOpsSummit at Cloud Expo Silicon Valley which will take place Oct. 31-Nov. 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. "DevOps is at the intersection of technology and business-optimizing tools, organizations and processes to bring measurable improvements in productivity and profitability," said Aruna Ravichandran, vice president, DevOps product and solutions marketing...
"When we talk about cloud without compromise what we're talking about is that when people think about 'I need the flexibility of the cloud' - it's the ability to create applications and run them in a cloud environment that's far more flexible,” explained Matthew Finnie, CTO of Interoute, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"Loom is applying artificial intelligence and machine learning into the entire log analysis process, from start to finish and at the end you will get a human touch,” explained Sabo Taylor Diab, Vice President, Marketing at Loom Systems, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
We build IoT infrastructure products - when you have to integrate different devices, different systems and cloud you have to build an application to do that but we eliminate the need to build an application. Our products can integrate any device, any system, any cloud regardless of protocol," explained Peter Jung, Chief Product Officer at Pulzze Systems, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend 21st Cloud Expo October 31 - November 2, 2017, at the Santa Clara Convention Center, CA, and June 12-14, 2018, at the Javits Center in New York City, NY, and learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
The Internet giants are fully embracing AI. All the services they offer to their customers are aimed at drawing a map of the world with the data they get. The AIs from these companies are used to build disruptive approaches that cannot be used by established enterprises, which are threatened by these disruptions. However, most leaders underestimate the effect this will have on their businesses. In his session at 21st Cloud Expo, Rene Buest, Director Market Research & Technology Evangelism at Ara...
In his session at @ThingsExpo, Eric Lachapelle, CEO of the Professional Evaluation and Certification Board (PECB), provided an overview of various initiatives to certify the security of connected devices and future trends in ensuring public trust of IoT. Eric Lachapelle is the Chief Executive Officer of the Professional Evaluation and Certification Board (PECB), an international certification body. His role is to help companies and individuals to achieve professional, accredited and worldwide re...
Wooed by the promise of faster innovation, lower TCO, and greater agility, businesses of every shape and size have embraced the cloud at every layer of the IT stack – from apps to file sharing to infrastructure. The typical organization currently uses more than a dozen sanctioned cloud apps and will shift more than half of all workloads to the cloud by 2018. Such cloud investments have delivered measurable benefits. But they’ve also resulted in some unintended side-effects: complexity and risk. ...
"We are a monitoring company. We work with Salesforce, BBC, and quite a few other big logos. We basically provide monitoring for them, structure for their cloud services and we fit into the DevOps world" explained David Gildeh, Co-founder and CEO of Outlyer, in this SYS-CON.tv interview at DevOps Summit at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
21st International Cloud Expo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Me...