Sector Review: Action in the Financial Sector on Dec 16th

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

Gainers (% price change)

  • Centene Corporation (NYSE:CNC): The shares closed at $38.31, up $2.68, or 7.52%, on the day. Its market capitalization is $1.93 billion. About the company: Centene Corporation is a multi-line managed care organization that provides Medicaid and Medicaid-related programs. The Company has health plans in several states. The Company also provides specialty services, including behavioral health, nurse triage, and treatment compliance. Get the most recent company news and stock data here >>
  • Asta Funding, Inc. (NASDAQ:ASFI): The shares closed at $7.93, up $0.43, or 5.73%, on the day. Its market capitalization is $116.09 million. About the company: ASTA Funding, Inc. purchases, sells, and services performing and non-performing consumer receivables. These consumer receivables are the unpaid debts of individuals to credit grantors, including banks, finance companies, and other service providers. Most of the Company’s receivables are VISA and MasterCard accounts that issuing banks have charged off their books for non-payment. Get the most recent company news and stock data here >>
  • Discover Financial (NYSE:DFS): The shares closed at $24.23, up $1.16, or 5.03%, on the day. Its market capitalization is $12.82 billion. About the company: Discover Financial Services is a credit card issuer and electronic payment services company. The Company issues credit cards and offers student and personal loans, as well as savings products such as certificates of deposit and money market accounts and operates an automated teller machine(ATM)/debit network, which includes ATMs, as well as POS terminals nationwide. Get the most recent company news and stock data here >>
  • Ocwen Financial Corp. (NYSE:OCN): The shares closed at $14.18, up $0.59, or 4.34%, on the day. Its market capitalization is $1.43 billion. About the company: Ocwen Financial Corporation is diversified financial services holding company. The Company’s primary businesses are the acquisition, servicing and resolution of sub-performing and nonperforming residential and commercial mortgage loans, as well as the related development of loan servicing technology and business-to business e-commerce solutions for the mortgage and real estate industries. Get the most recent company news and stock data here >>

Losers (% price change)

  • Helios High Yield Fund (NYSE:HHY): The shares closed at $23.14, down $4.54, or 16.4%, on the day. Its market capitalization is $157.94 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. Get the most recent company news and stock data here >>
  • Amtrust Financial (NASDAQ:AFSI): The shares closed at $23.11, down $2.35, or 9.23%, on the day. Its market capitalization is $1.39 billion. About the company: AmTrust Financial Services, Inc. offers insurance coverage. The Company offers property/casualty, workers’ compensation, special risk, and warranty insurance, and extended service plans. The Company operates in the United States and the European Union, and reinsures risk worldwide. Get the most recent company news and stock data here >>
  • Swiss Helvetia Fund Inc. (NYSE:SWZ): The shares closed at $9.75, down $0.98, or 9.15%, on the day. Its market capitalization is $299.21 million. About the company: Swiss Helvetia 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 primarily in equity and equity-linked securities of Swiss companies. Get the most recent company news and stock data here >>
  • Bank Mutual Corporation (NASDAQ:BKMU): The shares closed at $3.14, down $0.27, or 7.92%, on the day. Its market capitalization is $145.16 million. About the company: Bank Mutual Corporation is the holding company of Bank Mutual. The Bank attracts deposits from the general public and invest those deposits in residential mortgage loans, consumer loans, multi- family and commercial real estate loans, and commercial business loans. Bank Mutual operates in the southern and northwestern parts of Wisconsin. Get the most recent company news and stock data here >>
  • First BanCorp. (NYSE:FBP): The shares closed at $3.38, down $0.26, or 7.14%, on the day. Its market capitalization is $690.35 million. About the company: First BanCorp. is the holding company for FirstBank Puerto Rico. The Bank provides commercial banking services through a network of offices in Puerto Rico and the U.S. Virgin Islands. First BanCorp also operates Money Express, a small loan company and First Leasing and Rental Corporation, a vehicle leasing and rental company. Get the most recent company news and stock data here >>

Most Actives (dollar volume)

  • JPMorgan Chase & Co. (NYSE:JPM): The shares closed at $31.89, up $0.13, or 0.41%, on the day. Its market capitalization is $121.17 billion. About the company: JPMorgan Chase & Co. provides global financial services and retail banking. The Company provides services such as investment banking, treasury and securities services, asset management, private banking, card member services, commercial banking, and home finance. JP Morgan Chase serves business enterprises, institutions, and individuals. Get the most recent company news and stock data here >>
  • Citigroup Inc. (NYSE:C): The shares closed at $26.03, up $0.11, or 0.44%, on the day. Its market capitalization is $76.10 billion. About the company: Citigroup Inc. is a diversified financial services holding company that provides a broad range of financial services to consumer and corporate customers around the world. The Company’s services include investment banking, retail brokerage, corporate banking, and cash management products and services. Get the most recent company news and stock data here >>
  • Bank of America Corp (NYSE:BAC): The shares closed at $5.20, down $0.06, or 1.14%, on the day. Its market capitalization is $52.71 billion. About the company: Bank of America Corporation accepts deposits and offers banking, investing, asset management, and other financial and risk-management products and services. The Company has a mortgage lending subsidiary, and an investment banking and securities brokerage subsidiary. Get the most recent company news and stock data here >>
  • Wells Fargo & Company (NYSE:WFC): The shares closed at $25.98, up $0.37, or 1.44%, on the day. Its market capitalization is $137.01 billion. About the company: Wells Fargo & Company is a diversified financial services company providing banking, insurance, investments, mortgage, leasing, credit cards, and consumer finance. The Company operates through physical stores, the Internet and other distribution channels across North America and elsewhere internationally. Get the most recent company news and stock data here >>
  • Goldman Sachs Group, Inc. (NYSE:GS): The shares closed at $90.10, down $1.8, or 1.96%, on the day. Its market capitalization is $44.36 billion. About the company: The Goldman Sachs Group, Inc., a bank holding company, is a global investment banking and securities firm specializing in investment banking, trading and principal investments, asset management and securities services. The Company provides services to corporations, financial institutions, governments, and high-net worth individuals. Get the most recent company news and stock data here >>

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

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