Financial Sector Review: Winning and Losing Stocks

Wall St. Watchdog reveals information about today’s action in the Financial (NYSE:XLF) sector:

Gainers (% price change)

  • Turkish Investment Fund (NYSE:TKF): The shares closed at $13.74, up $0.59, or 4.49%, on the day. Its market capitalization is $102.94 million. About the company: Turkish Investment Fund, Inc. is a non-diversified, closed-end management investment company incorporated in the USA. The Fund’s objective is long-term capital appreciation. The Fund invests at least 80% of its net assets in equity securities of Turkish companies.
  • Fortress Investment Group (NYSE:FIG): The shares closed at $3.31, up $0.12, or 3.76%, on the day. Its market capitalization is $1.62 billion. About the company: Fortress Investment Group LLC is an alternative asset manager. The Company raises, invests and manages private equity funds, hedge funds and publically traded alternative investment vehicles.
  • Pinnacle Financial (NASDAQ:PNFP): The shares closed at $11.17, up $0.37, or 3.43%, on the day. Its market capitalization is $381.32 million. About the company: Pinnacle Financial Partners, Inc. is a holding company for Pinnacle National Bank. The Bank operates as a community bank emphasizing personal banking relationships with individuals and businesses located in its primary service area, which is comprised of the metropolitan Nashville, Tennessee area and surrounding counties.
  • Corpbanca Sociedad (NYSE:BCA): The shares closed at $20.25, up $0.6, or 3.05%, on the day. Its market capitalization is $3.06 billion. About the company: Corpbanca offers banking services to both businesses and individuals in Chile, including loans and leasing services to businesses, and loans, credit card services and mortgages to individuals.
  • Epoch Holding Corp (NASDAQ:EPHC): The shares closed at $15.65, up $0.45, or 2.96%, on the day. Its market capitalization is $365.46 million. About the company: Epoch Holding Corporation is an investment advisory and investment management company.

Losers (% price change)

  • IMPAC Mortgage Hldgs (AMEX:IMH): The shares closed at $2.03, down $0.99, or 32.78%, on the day. Its market capitalization is $154.48 million. About the company: Impac Mortgage Holdings, Inc. is a mortgage real estate investment trust that invests primarily in non-conforming residential mortgage loans and securities backed by such loans. The Company also purchases and sells and securitizes primarily non-conforming mortgage loans. In addition, Impac provides warehouse and repurchase financing to originators of mortgage loans.
  • Helios High Yield Fund (NYSE:HHY): The shares closed at $24.59, down $3.09, or 11.16%, on the day. Its market capitalization is $167.84 million. About the company: Helios High Yield Fund is a non-diversified, closed-end management investment company incorporated in the USA. The Fund’s objective is high current income, as well as capital growth. The Fund invests at least 65% of its total assets in high-yield bonds, debentures, notes, corporate loans and other debt instruments rated below investment-grade or unrated.
  • iShares FTSE NAREIT Ind (NYSE:FNIO): The shares closed at $18.47, down $2, or 9.77%, on the day. Its market capitalization is $1.54 billion.
  • Centerline Holding Co.(CLNH): The shares closed at $2.32, down $0.22, or 8.66%, on the day. Its market capitalization is $118.55 million.
  • Value Line, Inc. (NASDAQ:VALU): The shares closed at $11.01, down $0.97, or 8.1%, on the day. Its market capitalization is $109.45 million. About the company: Value Line, Inc. produces investment related periodical publications. The Company also provides investment advisory services to mutual funds, institutions, and individual clients. Publications include “The Value Line Investment Survey,” “Value Line Select,” “The Value Line Mutual Fund Survey,” and “The Value Line No-Load Fund Advisor.”

(Note: Selected financial data are sourced from Google Finance. All data are assumed to be accurate.)

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