SYS-CON MEDIA Authors: Adine Deford, Cynthia Dunlop, Harry Trott, Xenia von Wedel, Peter Silva

News Feed Item

Capital Markets Stocks Technical Review -- Fortress Investment, BlackRock, Legg Mason, Eaton Vance, and Prospect Capital

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

LONDON, August 8, 2014 /PRNewswire/ --

On Thursday, August 07, 2014, the NASDAQ Composite ended at 4,334.97, down 0.46%, the Dow Jones Industrial Average finished the day 0.46% lower at 16,368.27, and the S&P 500 closed at 1,909.57, down 0.56%. The losses were broad based as eight out of ten sectors ended the session in negative. The S&P 500 Financials Sector Index ended the day at 298.11, down 0.53%, and the index has declined 3.55% in the last one month. Investor-Edge has initiated coverage on the following equities: Fortress Investment Group LLC (NYSE: FIG), BlackRock Inc. (NYSE: BLK), Legg Mason Inc. (NYSE: LM), Eaton Vance Corporation (NYSE: EV), and Prospect Capital Corporation (NASDAQ: PSEC). Free research on these five companies can be accessed at:  

http://investor-edge.com/register

On Thursday, shares in Fortress Investment Group LLC recorded a trading volume of 0.78 million shares, lower than its three months average volume of 1.22 million shares. The stock finished the day at $7.50, down 0.66%, and registered an intraday range of $7.49 and $7.61. Shares of Fortress Investment Group LLC have advanced 0.27% in the last one month and 7.60% in the past three months. However, the stock has lost 12.38% on YTD basis. Furthermore, the company's shares are trading below their 50-day and 200-day moving averages. The stock's 200-day moving average of $7.87 is above its 50-day moving average of $7.51. Additionally, shares of Fortress Investment Group LLC traded at a PE ratio of 10.00 and have a Relative Strength Index (RSI) of 52.39. Sign up and read the free notes on FIG at:

http://www.Investor-Edge.com/FIG-08Aug2014

BlackRock Inc.'s stock fell by 0.35%, to close Thursday's session at $302.97, after oscillating between $301.52 and $307.74. The stock recorded a trading volume of 0.43 million shares, below its three months average volume of 0.56 million shares. Over the past three trading sessions and last one month, BlackRock Inc.'s shares have declined 0.79% and 5.67%, respectively. Also, from the beginning of 2014, the stock has lost 4.27%. The stock is trading below its 50-day and 200-day moving averages. The stock's 50-day moving average of $314.49 is above its 200-day moving average of $306.95. Further, BlackRock Inc.'s stock traded at a PE ratio of 17.23 and has an RSI of 37.27. The complimentary notes on BLK can be downloaded as in PDF format at:

http://www.Investor-Edge.com/BLK-08Aug2014

Legg Mason Inc.'s stock fluctuated between $47.00 and $48.10 before ending Thursday's session down 1.15%, at $47.13. The stock reported a trading volume of 0.79 million shares, close to its three months average volume of 0.81 million shares. Further, Legg Mason Inc.'s shares have fallen by 7.79% over the last one month and 0.36% over the past three months. However, the stock has rallied 8.39% on YTD basis. The company's shares are trading above their 200-day moving average. The stock's 50-day moving average of $50.16 is greater than its 200-day moving average of $45.28. Moreover, shares of Legg Mason Inc. traded at a PE ratio of 19.64 and have an RSI of 38.21. Register for free on Investor-Edge and access the latest research on LM at:

http://www.Investor-Edge.com/LM-08Aug2014

On Thursday, Eaton Vance Corp.'s stock finished the session 0.73% lower at $35.33. A total of 0.64 million shares were traded, which was below its three months average volume of 0.89 million shares. The stock moved between $35.24 and $35.83 during the session. Over the last one month and past three months, Eaton Vance Corp.'s shares have fallen by 7.05% and 2.73%, respectively. Also, the stock has plummeted 17.43% since the start of this year. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $38.69 is greater than its 50-day moving average of $37.09. Shares of Eaton Vance Corp. traded at a PE ratio of 15.70 and have an RSI of 39.68. The complete research on EV is available for free at:

http://www.Investor-Edge.com/EV-08Aug2014

Prospect Capital Corp.'s stock declined 0.28%, to close Thursday's session at $10.62, after vacillating between $10.58 and $10.69. The stock recorded a trading volume of 2.32 million shares, below its three months average volume of 6.09 million shares. Over the last one month and from the beginning of 2014, Prospect Capital Corp.'s shares have lost 1.12% and 5.35%, respectively. However, over the past three months, the stock has gained 4.12%. The stock is trading above its 50-day moving average. The stock's 200-day moving average of $10.87 is above its 50-day moving average of $10.45. Further, Prospect Capital Corp.'s stock traded at a PE ratio of 8.31 and has an RSI of 48.92. Free in depth research on PSEC is available at:

http://www.Investor-Edge.com/PSEC-08Aug2014

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'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 produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. 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] http://www.investor-edge.com.

5. For any urgent concerns or inquiries, please contact us at compliance [at] http://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] http://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, represented by Rohit Tuli, CFA. An outsourced research services provider 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
Some developers believe that monitoring is a function of the operations team. Some operations teams firmly believe that monitoring the systems they maintain is sufficient to run the business successfully. Most of them are wrong. The complexity of today's applications have gone far and beyond the capabilities of "traditional" system-level monitoring tools and approaches and requires much broader knowledge of business and applications as a whole. The goal of DevOps is to connect all aspects of app...
15th Cloud Expo, which took place Nov. 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA, expanded the conference content of @ThingsExpo, Big Data Expo, and DevOps Summit to include two developer events. IBM held a Bluemix Developer Playground on November 5 and ElasticBox held a Hackathon on November 6. Both events took place on the expo floor. The Bluemix Developer Playground, for developers of all levels, highlighted the ease of use of Bluemix, its services and functionalit...
SAP is delivering break-through innovation combined with fantastic user experience powered by the market-leading in-memory technology, SAP HANA. In his General Session at 15th Cloud Expo, Thorsten Leiduck, VP ISVs & Digital Commerce, SAP, discussed how SAP and partners provide cloud and hybrid cloud solutions as well as real-time Big Data offerings that help companies of all sizes and industries run better. SAP launched an application challenge to award the most innovative SAP HANA and SAP HANA...
The 4th International DevOps Summit, co-located with16th International Cloud Expo – being held June 9-11, 2015, at the Javits Center in New York City, NY – announces that its Call for Papers is now open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's large...
Want to enable self-service provisioning of application environments in minutes that mirror production? Can you automatically provide rich data with code-level detail back to the developers when issues occur in production? In his session at DevOps Summit, David Tesar, Microsoft Technical Evangelist on Microsoft Azure and DevOps, will discuss how to accomplish this and more utilizing technologies such as Microsoft Azure, Visual Studio online, and Application Insights in this demo-heavy session.
When an enterprise builds a hybrid IaaS cloud connecting its data center to one or more public clouds, security is often a major topic along with the other challenges involved. Security is closely intertwined with the networking choices made for the hybrid cloud. Traditional networking approaches for building a hybrid cloud try to kludge together the enterprise infrastructure with the public cloud. Consequently this approach requires risky, deep "surgery" including changes to firewalls, subnets...
DevOps is all about agility. However, you don't want to be on a high-speed bus to nowhere. The right DevOps approach controls velocity with a tight feedback loop that not only consists of operational data but also incorporates business context. With a business context in the decision making, the right business priorities are incorporated, which results in a higher value creation. In his session at DevOps Summit, Todd Rader, Solutions Architect at AppDynamics, discussed key monitoring techniques...
Cultural, regulatory, environmental, political and economic (CREPE) conditions over the past decade are creating cross-industry solution spaces that require processes and technologies from both the Internet of Things (IoT), and Data Management and Analytics (DMA). These solution spaces are evolving into Sensor Analytics Ecosystems (SAE) that represent significant new opportunities for organizations of all types. Public Utilities throughout the world, providing electricity, natural gas and water,...
The security devil is always in the details of the attack: the ones you've endured, the ones you prepare yourself to fend off, and the ones that, you fear, will catch you completely unaware and defenseless. The Internet of Things (IoT) is nothing if not an endless proliferation of details. It's the vision of a world in which continuous Internet connectivity and addressability is embedded into a growing range of human artifacts, into the natural world, and even into our smartphones, appliances, a...
The Internet of Things is tied together with a thin strand that is known as time. Coincidentally, at the core of nearly all data analytics is a timestamp. When working with time series data there are a few core principles that everyone should consider, especially across datasets where time is the common boundary. In his session at Internet of @ThingsExpo, Jim Scott, Director of Enterprise Strategy & Architecture at MapR Technologies, discussed single-value, geo-spatial, and log time series dat...
How do APIs and IoT relate? The answer is not as simple as merely adding an API on top of a dumb device, but rather about understanding the architectural patterns for implementing an IoT fabric. There are typically two or three trends: Exposing the device to a management framework Exposing that management framework to a business centric logic Exposing that business layer and data to end users. This last trend is the IoT stack, which involves a new shift in the separation of what stuff happe...
The 3rd International Internet of @ThingsExpo, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that its Call for Papers is now open. The Internet of Things (IoT) is the biggest idea since the creation of the Worldwide Web more than 20 years ago.
An entirely new security model is needed for the Internet of Things, or is it? Can we save some old and tested controls for this new and different environment? In his session at @ThingsExpo, New York's at the Javits Center, Davi Ottenheimer, EMC Senior Director of Trust, reviewed hands-on lessons with IoT devices and reveal a new risk balance you might not expect. Davi Ottenheimer, EMC Senior Director of Trust, has more than nineteen years' experience managing global security operations and asse...
The Internet of Things will greatly expand the opportunities for data collection and new business models driven off of that data. In her session at @ThingsExpo, Esmeralda Swartz, CMO of MetraTech, discussed how for this to be effective you not only need to have infrastructure and operational models capable of utilizing this new phenomenon, but increasingly service providers will need to convince a skeptical public to participate. Get ready to show them the money!
SYS-CON Media announced that Centrify, a provider of unified identity management across cloud, mobile and data center environments that delivers single sign-on (SSO) for users and a simplified identity infrastructure for IT, has launched an ad campaign on Cloud Computing Journal. The ads focus on security: how an organization can successfully control privilege for all of the organization’s identities to mitigate identity-related risk without slowing down the business, and how Centrify provides ...