New York (December 11th, 2012) - Lloyds Banking Group Plc (ADR) (NYSE: LYG), the U.K.-based financial services company offering a range of banking and financial products to personal and corporate customers, is marginally lower in mid-day trading today. The stock is currently trading 0.83% lower at $3.01 on volume of 747,702, which is well below the daily average volume of 1.95 million.
LYG has had an excellent run since November. In the last one month, the stock has gained more than 10%. However, the stock has struggled to break through $3.10 resistance level. LYG could continue to slide in the next few trading sessions before finding support at around $2.90.
Find out what could happen with LYG in the upcoming trading sessions here: http://www.wallstreetscoop.net/market-scan/?symbol=LYG Cornerstone Total Return Fund Inc. (AMEX: CRF) is up sharply in mid-day trading today. At last check, the stock was trading 1.45% higher at $5.72. Despite the gains in today’s trading, CRF has fallen more than 2.3% in the last three trading sessions. CRF is currently trading below its 50-day and 200-day moving averages, which is a bearish signal.
CRF is a closed-end equity mutual fund. The fund is managed by Cornerstone Advisors Inc. and invests in the public equity markets of the U.S. Last month, CRF had announced the commencement of its rights offering.
Find out more about CRF here: http://www.wallstreetscoop.net/market-scan/?symbol=CRF About Us:
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