(EMAILWIRE.COM, November 09, 2010 ) San Antonio, TX - PennyStockLive.com (http://www.PennyStockLive.com),
publishers of a newsletter with stocks that move 50% to 100% in a few days, presents Price Jumps at NYSE Financial Sector from PSL are C, OCN, SFI, AOD and FNMA.
Citigroup Inc. (NYSE: C) reported a gain of 3.70%, closing the day at $4.49 with the overall traded volume of 1.05 billion shares for the day. Its market capitalization is $130.43 billion. Citigroup, Inc., a global financial services company, provides consumers, corporations, governments, and institutions with a range of financial products and services, including consumer banking, credit cards, corporate and investment banking, securities brokerage, and wealth management. The company has two primary segments, Citicorp and Citi Holdings. The Citicorp segment operates as a global bank for businesses and consumers with two primary businesses, Regional Consumer Banking and Institutional Clients Group.
Ocwen Financial Corporation (NYSE: OCN) increased 2.73%, closing the day at $9.40 with the overall traded volume of 1.27 million shares for the day. Its market capitalization is $941.81 million. Ocwen Financial Corporation provides residential and commercial loans, special services, and asset management services. It principally offers loan servicing, special servicing, mortgage loan due diligence, and receivables management services. The company operates in two segments, Ocwen Asset Management and Ocwen Solutions.
iStar Financial Inc. (NYSE: SFI) surged 1.61%, closing the day at $5.68 with the overall traded volume of 2.33 million shares for the day. Its market capitalization is $524.37 million. iStar Financial Inc. operates as a finance company focusing on the commercial real estate industry. The company provides custom-tailored financing to high-end private and corporate owners of real estate. Its financing products include senior and mezzanine real estate debt, senior and mezzanine corporate capital, corporate net lease financing, and equity.
Alpine Total Dynamic Dividend Fund (NYSE: AOD) gained 1.55%, closing the day at $5.91 with the overall traded volume of 1.02 million shares for the day. Its market capitalization is $1.29 billion. Alpine Total Dynamic Dividend Fund (the Fund) is a diversified, closed-end management investment company. The Fund investment objective is to invest in equity securities that provide high current dividend income. The Fund also focuses on long-term growth of capital as a secondary investment objective. The Fund may invest a portion of its assets in foreign securities.
Federal National Mortgage Association (NYSE: FNMA) jumped 0.62%, closing the day at $0.39 with the overall traded volume of 4.07 million shares for the day. Its market capitalization is $432.96 million. Federal National Mortgage Association (Fannie Mae), a government-sponsored enterprise, provides liquidity and stability support in the secondary mortgage market in the United States. It securitizes mortgage loans originated by lenders in the primary mortgage market into mortgage-backed securities, which are bought and sold in the secondary mortgage market.
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