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FNGN, FII, WETF, EFX And CME, Pushing Financial Services Industry Downward

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

One out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading down 53 points (-0.3%) at 16,478 as of Wednesday, Jan. 8, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,242 issues advancing vs. 1,672 declining with 178 unchanged.

The Financial Services industry currently sits down 0.1% versus the S&P 500, which is unchanged. On the negative front, top decliners within the industry include First Cash Financial Services ( FCFS), down 1.9%, IntercontinentalExchange Group ( ICE), down 1.1% and Invesco ( IVZ), down 0.6%. Top gainers within the industry include SLM ( SLM), up 1.5%, Western Union Company ( WU), up 1.1%, Ameriprise Financial ( AMP), up 0.9%, Discover Financial Services ( DFS), up 0.8% and Bank of New York Mellon ( BK), up 0.6%.

TheStreet would like to highlight 5 stocks pushing the industry lower today:

5. Financial Engines ( FNGN) is one of the companies pushing the Financial Services industry lower today. As of noon trading, Financial Engines is down $0.74 (-1.1%) to $67.64 on light volume. Thus far, 98,820 shares of Financial Engines exchanged hands as compared to its average daily volume of 343,100 shares. The stock has ranged in price between $67.64-$68.80 after having opened the day at $68.26 as compared to the previous trading day's close of $68.38.

Financial Engines, Inc., together with its subsidiaries, provides independent, technology-enabled portfolio management services, investment advice, and retirement income services to participants in employer-sponsored defined contribution plans. Financial Engines has a market cap of $3.4 billion and is part of the financial sector. The company has a P/E ratio of 127.1, above the S&P 500 P/E ratio of 17.7. Shares are down 1.6% year to date as of the close of trading on Tuesday. Currently there are 3 analysts that rate Financial Engines a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Financial Engines as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full Financial Engines Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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