Financial Stocks on the News: GNW, GS, JPM, SCHW

Los Angelas, CA -- (SBWIRE) -- 01/16/2013 -- Genworth Financial Inc. (NYSE:GNW) is currently trading at $8.53 up 4.9% in pre-market on 24320 shares traded. GNW's RSI is currently at 70.43 which indicates that the stock is overbought. GNW is trading 22.98% above its 50 day moving average and 38.79% above its 200 day moving average. GNW is -16.01% below its 52-week high and 100.25% above its 52-week low. GNW's PE ratio is 13.33 and their market cap is $4.00B.

Can GNW Move Up Further? If Yes, How far It can Go? Find Out Here

Goldman Sachs Group, Inc. (NYSE:GS) whose expenses surged 6 % in previous year with a prominent growth in three years. Company’s revenue climbed 19 %. The operating cost amounted to 38 % of total revenue which previously was 42 % in 2011. The company has also sought to reduce its annual expenses by 1.9 billion US dollars since mid 2011 as the US bank competed with sluggish revenue growth.

How Should Investors Trade GS Now? Find Out Here

JPMorgan Chase & Co. (NYSE:JPM) beats analyst’s expectations with a lucrative profits rise of 53 % in its fourth quarter. For the third consecutive year company posted strong profits with 21.3 billion US dollars in net income. In an official statement disclosed today the company said its net income rose to 5.69 billion US dollars from 3.73 billion US dollars. This leads to surge in 1.39 US dollars a share than 90 cents a year earlier.

How Should Investors Trade JPM After The Recent Volatile Moves? Find Out Here

Charles Schwab Corp (NYSE:SCHW) shares declined 1.37% to $15.08 in the morning hour after the company reported fourth-quarter net income increased to $189 million from $163 million last year. Profit per share was $0.15 compared to $0.13 prior year. Analysts expected the company to report profit per share of $0.15 for the quarter. Total net revenues were $1.215 billion compared to $1.113 billion last year. Analysts expected revenue of $1.21 billion for the quarter.

Is SCHW Showing Any Sign of Buy At The Current Market Price? Find Out Here

DISCLAIMER
Neither HotPennyStockNews.com nor its owners, operators, affiliates or anyone disseminating information on its behalf is registered as an Investment Advisor or broker dealer in any jurisdiction whatsoever and none of the information provided by HotPennyStockNews.com, owners, operators, affiliates or anyone disseminating information on its behalf should be construed as investment advice or an investment recommendation. HotPennyStockNews.com makes no recommendation that the securities of the companies profiled should be purchased, sold or held by individuals or entities that learn of the profiled companies through HotPennyStockNews.com. Investing in securities is speculative and carries a high degree of risk and no investment should be made unless you can afford to lose your entire investment. It is possible that an investor's entire investment may be lost or impaired due to the speculative nature of the companies profiled. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein..

Contact:
hotpennystocknews.com
info@hotpennystocknews.com