3 Stocks Pushing The Financial Services Industry Downward

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All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 12 points (0.1%) at 14,943 as of Thursday, Sept. 5, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,432 issues advancing vs. 1,453 declining with 120 unchanged.

The Financial Services industry currently sits up 0.1% versus the S&P 500, which is up 0.2%. Top gainers within the industry include CIT Group ( CIT), up 1.3%, Bank of New York Mellon ( BK), up 0.9%, TD Ameritrade Holding Corporation ( AMTD), up 0.9%, Goldman Sachs Group ( GS), up 0.8% and Discover Financial Services ( DFS), up 0.8%.

TheStreet would like to highlight 3 stocks pushing the industry lower today:

3. Nomura Holdings ( NMR) is one of the companies pushing the Financial Services industry lower today. As of noon trading, Nomura Holdings is down $0.05 (-0.7%) to $7.40 on light volume. Thus far, 184,072 shares of Nomura Holdings exchanged hands as compared to its average daily volume of 881,900 shares. The stock has ranged in price between $7.38-$7.43 after having opened the day at $7.38 as compared to the previous trading day's close of $7.45.

Nomura Holdings, Inc. provides various financial services to individuals, corporations, financial institutions, governments, and governmental agencies worldwide. The company operates through three divisions: Retail, Asset Management, and Wholesale. Nomura Holdings has a market cap of $26.9 billion and is part of the financial sector. Shares are up 26.9% year to date as of the close of trading on Wednesday. Currently there is 1 analyst that rates Nomura Holdings a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Nomura Holdings as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we find that revenues have generally been declining. Get the full Nomura Holdings Ratings Report now.

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