Sector Review: Action in the Financial Sector on Dec 8th

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

Gainers (% price change)

  • State Auto Financial (NASDAQ:STFC): The shares closed at $12.52, up $0.78, or 6.64%, on the day. Its market capitalization is $504.23 million. About the company: State Auto Financial Corporation is a regional property and casualty insurance holding company. The Company provides personal and commercial automobile, homeowners, commercial multi-peril, workers’ compensation, and fire insurance. State Auto markets its products through independent agents primarily in the Midwestern and Eastern United States. Get the most recent company news and stock data here >>
  • Western Asset Global High (NYSE:EHI): The shares closed at $12.85, up $0.22, or 1.74%, on the day. Its market capitalization is $393.67 million. About the company: Western Asset Global High Income Fund Inc. is a non-diversified, closed-end management investment company incorporated in the USA. The Fund’s objective is high current income. The Fund invests in a global portfolio of below investment grade fixed income securities, emerging market fixed income securities and investment grade fixed income securities. Get the most recent company news and stock data here >>
  • Templeton Global Income (NYSE:GIM): The shares closed at $9.85, up $0.15, or 1.55%, on the day. Its market capitalization is $1.30 billion. About the company: Templeton Global Income Fund is a non-diversified, closed-end investment company incorporated in the USA. The Fund’s objective seeks high current income, with a secondary objective of capital appreciation. The Fund invests primarily in a portfolio of debt securities of U.S. and foreign issuers including emerging markets. Get the most recent company news and stock data here >>
  • Berkshire Bancorp Inc. (NASDAQ:BERK): The shares closed at $7.15, up $0.1, or 1.42%, on the day. Its market capitalization is $103.27 million. About the company: Berkshire Bancorp Inc. is the holding company for The Berkshire Bank. The Bank is a commercial bank that provides personalized services to high net worth individuals and to small and mid-sized businesses primarily from the New York City metropolitan area. The Bank’s main office is in mid-town Manhattan and it has branches in Brooklyn, downtown Manhattan, and Orange County, New York. Get the most recent company news and stock data here >>
  • Massmutual Participation (NYSE:MPV): The shares closed at $15.91, up $0.21, or 1.33%, on the day. Its market capitalization is $159.90 million. About the company: MassMutual Participation Investors is a diversified, closed-end trust incorporated in the USA. The Trust’s objective is current income and growth. The Trust invests in fixed income securities, securities that can be converted into equities, and equities. The majority of these securities are in the form of private placements, meaning that they are not available to the public. 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 >>
  • Independence Holding Co. (NYSE:IHC): The shares closed at $7.72, down $0.87, or 10.13%, on the day. Its market capitalization is $126.73 million. About the company: Independence Holding Company sells life and health insurance through its wholly-owned subsidiaries, Standard Security Life Insurance Company of New York, and Madison National Life Insurance Company, Inc. The Company is licensed to sell insurance in the United States, the District of Columbia, and the Virgin Islands. Get the most recent company news and stock data here >>
  • United Community Banks (NASDAQ:UCBI): The shares closed at $6.46, down $0.63, or 8.89%, on the day. Its market capitalization is $371.62 million. About the company: United Community Banks, Inc. is a multi-bank holding company with locations throughout north Georgia and western North Carolina. The Banks are community oriented and offer retail and corporate banking services including checking, savings, and time deposit accounts, secured and unsecured loans, wire transfers, trust services, and rental of safe deposit boxes. Get the most recent company news and stock data here >>
  • Presidential Life Corp (NASDAQ:PLFE): The shares closed at $9.74, down $0.93, or 8.72%, on the day. Its market capitalization is $288.06 million. About the company: Presidential Life Corporation sells insurance products. The Company offers individual annuities and individual life insurance products, including whole life, term life, and universal life insurance. Presidential markets its products in the United States. Get the most recent company news and stock data here >>

Most Actives (dollar volume)

  • Citigroup Inc. (NYSE:C): The shares closed at $27.75, down $2.08, or 6.97%, on the day. Its market capitalization is $81.13 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 $5.59, down $0.3, or 5.09%, on the day. Its market capitalization is $56.66 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 >>
  • JPMorgan Chase & Co. (NYSE:JPM): The shares closed at $32.22, down $1.78, or 5.24%, on the day. Its market capitalization is $122.40 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 >>
  • Goldman Sachs Group, Inc. (NYSE:GS): The shares closed at $99.92, down $5.21, or 4.96%, on the day. Its market capitalization is $49.19 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 >>
  • Wells Fargo & Company (NYSE:WFC): The shares closed at $26.19, down $0.86, or 3.18%, on the day. Its market capitalization is $138.11 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 >>

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

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