Investors are eagerly awaiting the outcome of the two-day Fed policy meeting, which began Tuesday. Historically, the markets have reacted well to the curbing of stimulus measures. According to data from Bloomberg, the S&P 500 Index have averaged a 16 percent gain over two years the previous four times interest rates were raised by the central bank. ?The Fed tightening, that?s good for stocks,? said John Canally, investment strategist at LPL Financial Corp. John Canally. ?You have to remember why they?re doing this, because they think the economy is in a self-sustaining phase, which ultimately is good for profits, which is good for stocks.? Here is how some companies in the S&P 500 reacted Tuesday:
Health Care REIT, Inc. (NYSE:HCN - News) shares traded in the range of $67.64 to $68.59 Tuesday before settling to close at $68.15, an increase of 0.83 percent. The stock appears to be facing some resistance at $70.30 with some support at $67.92. The company currently pays a quarterly dividend of $0.765 per share for a dividend yield of roughly 4.5 percent. Shares of Health Care REIT have gained approximately 11.2 percent in 2013.
More information on Health Care REIT and access to the free equity report can be found at:
www.WallStreetFundamentals.com/HCN
Pitney Bowes Inc. (NYSE:PBI - News) shares traded in the range of $14.43 to $14.79 Tuesday before settling to close at $14.69, an increase of 1.24 percent. The stock appears to be facing some resistance at $15.18 with support at $14.53. The company currently pays a quarterly dividend of $0.1875 per share for a dividend yield of roughly 5.1 percent. Shares of Pitney Bowes have gained approximately 38.0 percent in 2013.
More information on Pitney Bowes and access to the free equity report can be found at:
www.WallStreetFundamentals.com/PBI
RR Donnelley & Sons Co. (NASDAQ:RRD - News) shares traded in the range of $13.28 to $13.60 Tuesday before settling to close at $13.56, an increase of 1.80 percent. The stock appears to be facing some resistance at $13.94 with some support at $13.30. The company currently pays a quarterly dividend of $0.26 per share for a dividend yield of roughly 7.7 percent. Shares of RR Donnelley & Sons have gained approximately 50.8 percent in 2013.
More information on RR Donnelley & Sons and access to the free equity report can be found at:
www.WallStreetFundamentals.com/RRD
Waste Management, Inc. (NYSE:WM - News) shares traded in the range of $40.40 to $40.93 Tuesday before settling to close at $40.85, an increase of 0.99 percent. The stock appears to be facing some resistance at $40.95 with some support at $40.43. The company currently pays a quarterly dividend of $0.365 per share for a dividend yield of roughly 3.6 percent. Shares of Waste Management have gained approximately 21.1 percent in 2013.
More information on Waste Management and access to the free equity report can be found at:
www.WallStreetFundamentals.com/WM
Wall Street Fundamentals offers our members a full range of investor services including in-depth equity reports on your favorite companies and timely market updates featuring the hottest stocks trending in the marketplace.
Activate your always free membership by signing up at www.WallStreetFundamentals.com today.
Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Wall Street Fundamentals has no financial relationship with any company whose stock is mentioned in this release.
Contact:
Wall Street Fundamentals
Website: www.WallStreetFundamentals.com
Email: editor@wallstreetfundamentals.com
Source: http://news.yahoo.com/wall-street-fundamentals-releases-depth-stock-reports-hcn-124000431.html
levi johnston 2013 srt viper scott walker recall fisker atlantic social darwinism wisconsin recall election april 4
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.