Last updated on April 16, 2014 at 17:34 EDT

Before the Bell Scans: American Express, BGC Partners, East West Bancorp, and Protective Life

July 10, 2013

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LONDON, July 10, 2013 /PRNewswire/ –

On Tuesday, July 9, 2013, the U.S. equity market closed higher for a fourth successive
trading session as a solid start to the second quarter earnings season lifted investor
sentiment. The S&P 500 finished at 1,652.32, up 0.72%. The index is now about 1% below its
all-time closing high of 1,669.16. Meanwhile, the NASDAQ closed 0.56% higher at 3,504.26
which is the index’s best closing since October 2000. Shares in the financial sector
closed mostly higher. The major movers in the financial sector included American Express
Company (NYSE: AXP), BGC Partners Inc. (NASDAQ: BGCP), East West Bancorp Inc. (NASDAQ:
EWBC), and Protective Life Corp. (NYSE: PL). All these companies are tracked by
AAAResearchReports.com. Free technical research on AXP, BGCP, EWBC, and PL can be
downloaded upon sign up at:


Shares in American Express Company edged higher on Tuesday, extending their gains from
previous trading sessions. The company’s shares closed the day at $77.61, up 0.74%, after
oscillating between $77.08 and $77.95. A total of 3.92 million shares were traded which is
below the daily average volume of 5.85 million. The company’s shares have gained 4.06% in
the last three trading sessions and 19.00% in the last three months, thus outperforming
the S&P 500 which has gained 2.28% and 5.34% in the respective periods. The company’s
shares are currently trading near their 52-week high of $78.61. Sign up today to read free
research report on AXP at:


BCG Partners Inc.’s shares rose to a 52-week high of $6.36 before finishing Tuesday’s
session 2.76% higher at $6.32. A total of 1.46 million shares were traded which is below
the daily average volume of 1.71 million. The company’s shares have gained 5.69% in the
last three trading sessions. Moreover, the stock is currently trading above its 50-day and
200-day moving averages. Register to download free technical analysis on BGCP at:


Shares in East West Bancorp Inc. edged higher on Tuesday, tracking gains in the
broader market. The company’s shares oscillated between $28.44 and $28.91 before finishing
the day 0.38% higher at $28.80. A total of 772,000 shares were traded which is below the
daily average volume of 1.02 million. East West Bancorp’s shares have gained 2.49% in the
last three trading sessions and 13.88% in the last three months. The stock is currently
trading near its 52-week high of $29.07. A free report on EWBC can be accessed by
registering at:


Protective Life Corp.’s stock touched a 52-week high of $40.54 on Tuesday as the
broader market edged higher. The company’s shares finished the day 0.72% higher at $40.34.
A total of 338,296 shares were traded which is slightly below the daily average volume of
383,902. The company’s shares have gained 3.94% in the last three trading sessions.
Furthermore, the stock is trading above its 50-day and 200-day moving averages. Register
with AAA Research Reports and download the research on PL for free at:




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SOURCE AAA Research Reports

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