Tag: ICICI Bank Ltd

  • Financial Sector Gainers: Doral Financial Corp. (NYSE:DRL), ICICI Bank Ltd (ADR) (NYSE:IBN), Credicorp Ltd. (USA) (NYSE:BAP), Meadowbrook Insurance Group (NYSE:MIG)

    Doral Financial Corp. (NYSE:DRL) tripped -23.08% hitting a new 52 week low $1.87 after the news that the Law Firm Pomerantz LLP is investigating claims on behalf of investors of Doral Financial Corporation. Investors are advised to contact Robert S. Doral Financial Corp. (NYSE:DRL) net profit margin is -27.20% and weekly performance is -19.03%. On last trading day company shares ended up $3.02. Doral Financial Corp. (NYSE:DRL) distance from 50-day simple moving average (SMA50) is -69.12%.

    ICICI Bank Ltd (ADR) (NYSE:IBN) edged down by a nominal 0.14%. The stock traded in a narrow range in its intraday trading session. The stock remained volatile with a slight negative bias. The stock has been in a narrow range for several days now. ICICI Bank Ltd (ADR) (NYSE:IBN) has been trading in a very narrow range for the last couple of weeks with a slight downward inclination this week. The stock seems to be witnessing a trend reversal with a bearish trend building up gradually in the next few trading sessions. ICICI Bank Ltd (ADR) (NYSE:IBN) shares advanced 8.74% in last trading session and ended the day on $48.50. Its return on assets is 3.00%. ICICI Bank Ltd (ADR) (NYSE:IBN) quarterly performance is 51.09%.

    Equities researchers at JPMorgan Chase & Co. raised their price objective on shares of Credicorp Ltd. (USA) (NYSE:BAP) from $155.00 to $170.00 in a research report issued on Friday, Stock Ratings Network reports. The firm currently has an “overweight” rating on the stock. JPMorgan Chase & Co.’s price objective points to a potential upside of 13.32% from the company’s current price. Credicorp Ltd. (USA) (NYSE:BAP) shares moved up 5.48% in last trading session and was closed at $157.05, while trading in range of $150.00 – $163.31 -. Credicorp Ltd. (USA) (NYSE:BAP) year to date (YTD) performance is 24.71%.

    Meadowbrook Insurance Group, Inc. (NYSE:MIG) reported first quarter 2014 net income of $10.4 million, or $0.21 per diluted share, compared to net income of $7.1 million, or $0.14 per diluted share, for the same period of 2013. The first quarter 2014 results include $2.0 million, or $0.04 per diluted share, of after-tax realized gains, compared to $0.2 million, or less than $0.01 per diluted share, for the same period in 2013. Meadowbrook Insurance Group, Inc. (NYSE:MIG) ended the last trading day at $6.43. Company weekly volatility is calculated as 6.58% and price to cash ratio as 3.40. Meadowbrook Insurance Group, Inc. (NYSE:MIG) showed a positive weekly performance of 18.63%.