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Morning Research: Discover Financial Services, SLM Corp., CIT Group, and CapitalSource

LONDON, June 27, 2013 /PRNewswire/ --

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

On Wednesday, June 26, 2013, shares in credit services companies ended mostly higher, tracking gains in the broader market which rose sharply for a second successive trading session. The major movers in the sector included Discover Financial Services (NYSE: DFS), SLM Corp. (NASDAQ: SLM), CIT Group Inc. (NYSE: CIT), and CapitalSource Inc. (NYSE: CSE). AAAResearchReports.com has released full comprehensive research on DFS, SLM, CIT, and CSE. These free technical analyses can be downloaded by signing up at:

http://www.aaaresearchreports.com/register/  

Shares in Discover Financial Services rose sharply on Wednesday, tracking gains in the broader market. The company's shares oscillated between $46.32 and $47.05 before finishing the day 1.45% higher at $46.89. A total of 2.79 million shares were traded which is below the daily average volume of 3.95 million. Discover Financial's shares are currently trading near their 52-week high of $49.71. In the last three months, the stock has gained 4.15%, thus outperforming the S&P 500. Download free report on DFS upon registration at:

http://www.AAAResearchReports.com/DFS062713.pdf

SLM Corp.'s stock ended slightly higher on Wednesday, extending its gains for the week. The company's shares hit an intraday high of $23.11 before ending the day at $22.97, up 0.22%. A total of 2.59 million shares were traded which is below the daily average volume of 4.61 million. The company's shares have gained 2.73% so far this week and 13.21% in the last three months. Additionally, the stock is currently trading above its 50-day and 200-day moving averages. SLM technical report can be accessed for free by signing up at:

http://www.AAAResearchReports.com/SLM062713.pdf

Shares in CIT Group Inc. moved higher on Wednesday, reversing some of their losses for the week. The company's shares fluctuated between $45.30 and $46.13 before closing the day 1.28% higher at $45.87. A total of 969,137 shares were traded which is below the daily average volume of 1.53 million. Despite Wednesday's gains, the company's shares are still down 0.63% for the week. The stock is currently trading near its 52-week high of $48.05. Moreover, it has gained 4.85% in the last three months, thus outperforming the S&P 500. The free report on CIT can be downloaded by signing up now at:

http://www.AAAResearchReports.com/CIT062713.pdf

CapitalSource Inc.'s stock ended slightly higher on Wednesday, reversing some of its losses for the week. The company's shares ended the day 0.11% higher at $9.17 after oscillating between $9.17 and $9.35. A total of 1.46 million shares were traded which is above the daily average volume of 1.29 million. CapitalSource's shares are still down 1.82% for the week. However, despite the losses this week, the stock is trading near its 52-week high of $9.86. A free report on CSE can be accessed by registering at:

http://www.AAAResearchReports.com/CSE062713.pdf

EDITOR NOTES:

  1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
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SOURCE AAA Research Reports

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