VNO, GGP And AIG, Pushing Financial Sector Downward
All three major indices are trading up today with the
Dow Jones Industrial Average
(
^DJI
) trading up 86 points (0.5%) at 17,915 as of Tuesday, Nov. 3, 2015, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,603 issues advancing vs. 1,362 declining with 155 unchanged.
The Financial sector currently sits up 0.1% versus the S&P 500, which is up 0.2%. On the negative front, top decliners within the sector include
(
), down 2.8%,
(
), down 2.6%,
(
), down 2.2%,
(
), down 1.5% and
(
), down 1.4%. Top gainers within the sector include
Banco Santander Brasil SA/Brazil
(
), up 5.1%,
(
), up 3.7%,
(
), up 2.4%,
(
), up 1.4% and
(
), up 1.3%.
TheStreet would like to highlight 3 stocks pushing the sector lower today:
3.
(
) is one of the companies pushing the Financial sector lower today. As of noon trading, Vornado Realty is down $2.98 (-2.9%) to $100.43 on average volume. Thus far, 554,976 shares of Vornado Realty exchanged hands as compared to its average daily volume of 811,800 shares. The stock has ranged in price between $98.71-$103.26 after having opened the day at $103.00 as compared to the previous trading day's close of $103.41.
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Vornado Realty Trust is a publicly owned real estate investment trust. The firm invests in the real estate markets of the United States. It makes investments in commercial real estate properties to create its portfolio. The firm was formerly known as Vornado Inc. Vornado Realty has a market cap of $19.0 billion and is part of the real estate industry. Shares are down 12.2% year-to-date as of the close of trading on Monday. Currently there are 3 analysts that rate Vornado Realty a buy, no analysts rate it a sell, and 5 rate it a hold.
TheStreet Ratings rates
Vornado Realty
as a
. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, notable return on equity and increase in stock price during the past year. We feel its strengths outweigh the fact that the company shows weak operating cash flow. Get the full
now.
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2. As of noon trading,
(
) is down $0.90 (-3.0%) to $28.66 on heavy volume. Thus far, 4.9 million shares of General Growth Properties exchanged hands as compared to its average daily volume of 4.3 million shares. The stock has ranged in price between $28.42-$29.08 after having opened the day at $28.57 as compared to the previous trading day's close of $29.55.
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General Growth Properties, Inc is an equity real estate investment trust. The firm invests in the real estate markets of the United States. It engages in owning, managing, leasing, and redeveloping high-quality regional malls. General Growth Properties, Inc is based in Chicago, Illinois. General Growth Properties has a market cap of $25.6 billion and is part of the real estate industry. Shares are up 5.0% year-to-date as of the close of trading on Monday. Currently there are 9 analysts that rate General Growth Properties a buy, no analysts rate it a sell, and 1 rates it a hold.
TheStreet Ratings rates
General Growth Properties
as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, notable return on equity and expanding profit margins. We feel its strengths outweigh the fact that the company shows weak operating cash flow. Get the full
General Growth Properties Ratings Report
now.
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1. As of noon trading,
(
) is down $2.75 (-4.3%) to $60.99 on heavy volume. Thus far, 17.8 million shares of American International Group exchanged hands as compared to its average daily volume of 8.3 million shares. The stock has ranged in price between $60.50-$61.49 after having opened the day at $61.15 as compared to the previous trading day's close of $63.74.
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American International Group, Inc. provides insurance products and services for commercial, institutional, and individual customers in the United States, the Asia Pacific, and internationally. American International Group has a market cap of $81.6 billion and is part of the insurance industry. Shares are up 13.8% year-to-date as of the close of trading on Monday. Currently there are 5 analysts that rate American International Group a buy, no analysts rate it a sell, and 7 rate it a hold.
TheStreet Ratings rates
American International Group
as a
. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel its strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. Get the full
American International Group Ratings Report
now.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the financial sector could consider
(
) while those bearish on the financial sector could consider
(
).