(EMAILWIRE.COM, November 03, 2010 ) San Antonio, TX - PennyStockLive.com (http://www.PennyStockLive.com),
the website featuring small cap undervalued stocks which move 100% to 200% in a day, presents Negative Closing Stocks at NYSE Financial Sector from PSL are FBP, ONB, RF, EWJ and FMCC.
First BanCorp. (NYSE: FBP) decreased 1.64%, closing the day at $0.30 with the overall traded volume of 2.80 million shares for the day. Its market capitalization is $95.87 million. First BanCorp operates as the holding company for FirstBank Puerto Rico that provides a range of financial services and products to retail, commercial, and institutional clients in Puerto Rico, the United States, and the British Virgin Islands. The company offers various deposit products, such as interest-bearing and non-interest bearing checking and savings accounts; individual retirement accounts; and retail certificates of deposit.
Old National Bancorp (NYSE: ONB) plunged 1.16%, closing the day at $9.35 with the overall traded volume of 1.04 million shares for the day. Its market capitalization is $815.05 million. Old National Bancorp operates as the holding company for Old National Bank that provides financial services to individuals and commercial clients primarily in Indiana, eastern and southeastern Illinois, and central and western Kentucky. It operates in two segments, Community Banking and Treasury.
Regions Financial Corporation (NYSE: RF) dropped 1.11%, closing the day at $6.23 with the overall traded volume of 12.19 million shares for the day. Its market capitalization is $7.82 billion. Regions Financial Corporation operates as the holding company for the Regions Bank that provides a range of commercial, retail, and mortgage banking services in Alabama, Arkansas, Florida, Georgia, Illinois, Indiana, Iowa, Kentucky, Louisiana, Mississippi, Missouri, North Carolina, South Carolina, Tennessee, Texas, and Virginia.
iShares MSCI Japan Index (ETF) (NYSE: EWJ) saw the correction of 1.00%, closing the day at $9.92 with the overall traded volume of 17.68 million shares for the day. Its market capitalization is $4.49 billion. iShares MSCI Japan Index Fund (the Fund) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Japan Index (the Index). The Index seeks to measure the performance of the Japanese equity market. It is a capitalization-weighted index that aims to capture 85% of the (publicly available) total market capitalization. Component companies are adjusted for available float and must meet objective criteria for inclusion to the Index.
Federal Home Loan Mortgage Corp (NYSE: FMCC) reported a fall of 4.21%, closing the day at $0.3755 with the overall traded volume of 1.38 million shares for the day. Its market capitalization is $243.76 million. Federal Home Loan Mortgage Corp, formerly Freddie Mac, is engaged in purchasing residential mortgages and mortgage-related securities in the secondary mortgage market and securitizing them into mortgage-related securities that can be sold to investors. The Company purchases single-family and multifamily mortgage-related securities for its mortgage-related investments portfolio. It also purchases multifamily residential mortgages in the secondary mortgage market and hold those loans either for investment or sale.
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