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PRSP, ALNC, PGR, CBK Expected To Be Down After Next Earnings Releases

April 13, 2011 / M2 PRESSWIRE / BUYINS.NET / www.squeezetrigger.com is monitoring the performance of all stocks with earnings being released Thursday, April 14th 2011 and determining how the stocks have performed After their last 12 quarterly, 6 quarterly and 12 Consecutive Days earnings reports. PROSPERITY BANCSHARES INC (NASDAQ:PRSP), ALLIANCE FINANCIAL CORP (NASDAQ:ALNC), PROGRESSIVE CORP (NYSE:PGR), CHRISTOPHER & BANKS CORP (NYSE:CBK) are all expected to be Down After their earnings are released Thursday. The movement of stock prices in the days and weeks leading to and following these earnings announcements may follow a predictable pattern. Most companies stock price histories show random or unpredictable movements around earnings dates. But some seem to repeat the same pattern quarter after quarter, year after year. The # of Reports in the table below shows how many previous quarterly reports comprise the indicator that predicts how a stock will act after its earnings are released. The specific technology used to make these predictions is available for a low monthly fee at http://www.squeezetrigger.com/services/strat/mh.php . The following stocks are expected to go Down After earnings are released Thursday:

     Symbol     Company                             # of Reports            Quarter     Release Time
     PRSP       PROSPERITY BANCSHARES INC           12 Quarter              Q1          Before
     ALNC       ALLIANCE FINANCIAL CORP             6 Quarter               Q1          After
     PGR        PROGRESSIVE CORP                    6 Quarter               Q1          Before
     CBK        CHRISTOPHER & BANKS CORP            6 Quarter               Q4          After

This technology is designed to help the stock trader identify those companies that seem to have a consistent pattern of movement before or after the earnings release date, based on the history of earnings releases for that company. It combines a calendar of expected earnings releases with a history of past earnings releases in a way that lets you see if a pattern exists.

PROSPERITY BANCSHARES INC (NASDAQ:PRSP) - Prosperity Bancshares, Inc. operates as the holding company for Prosperity Bank that provides retail and commercial banking services to small and medium-sized businesses and consumers. It generates various deposit products, including interest-bearing demand deposits, savings accounts, money market accounts, time accounts, certificates of deposit, non interest-bearing demand deposits, and interest checking accounts. The company also provides commercial mortgage loans and multifamily residential loans, one to four family residential mortgage loans, agricultural real estate loans, construction and land development loans, commercial and industrial loans, non-real estate agricultural loans, term loans, loans for automobiles, home equity loans, and lines of credit and loans for working capital, business expansion, and the purchase of equipment and machinery, as well as interim construction loans for builders and owner-occupied commercial real estate loans. In addition, it offers junior subordinated debentures and overdraft protection; check cashing, official check, safe deposit box rental, and currency handling services; and debit cards, Internet banking, cash management, and automated telephone banking services. As of December 31, 2009, Prosperity Bancshares operated 158 full-service banking locations, including 51 in the Houston area; 27 in the South Texas area, including Corpus Christi and Victoria; 27 in the Central Texas area, including Austin and San Antonio; 20 in East Texas; 9 in Bryan/College Station; and 24 in the Dallas/Fort Worth, Texas area. The company was founded in 1983 and is headquartered in Houston, Texas.

ALLIANCE FINANCIAL CORP (NASDAQ:ALNC) - Alliance Financial Corporation operates as the bank holding company for Alliance Bank, N.A., which provides various financial products and services to commercial, retail, government, and investment management customers in New York. Its deposit products include interest and non-interest bearing checking accounts, money market accounts, savings accounts, time deposit accounts, and individual retirement accounts. The companys loan portfolio comprises residential and commercial mortgage loans, business lines of credit, working capital facilities, and business term loans, as well as installment loans, home equity loans, and personal lines of credit to individuals. It also provides personal trust, employee benefit trust, investment management, custodial, and financial planning services; financial counseling and brokerage services; and equipment lease financing services, as well as involves in residential real estate activities. In addition, Alliance Financial offers safe deposit boxes, wire transfers, collection services, drive-up banking facilities, night depositories, automated teller machines, telephone banking, and Internet banking services. As of April 14, 2010, it operated 29 offices in Cortland, Madison, Oneida, Onondaga, and Oswego counties, as well as a trust administration center in Buffalo, New York. The company was founded in 1984 and is based in Syracuse, New York.

PROGRESSIVE CORP (NYSE:PGR) - The Progressive Corporation, through its subsidiaries, provides personal and commercial automobile insurance, and other specialty property-casualty insurance products and related services primarily in the United States. The companys property-casualty insurance products protect its customers against losses due to collision and physical damage to their motor vehicles, uninsured and underinsured bodily injury, and liability to others for personal injury or property damage arising out of the use of those vehicles. It also offers personal lines products that comprise insurance for personal autos and special lines products, including motorcycles, ATVs, RVs, mobile homes, watercraft, and snowmobiles. In addition, the company provides commercial auto insurance that includes primary liability and physical damage insurance for autos, vans, and pick-up trucks used by artisans, such as contractors, landscapers, plumbers, and various small businesses. Further, its specialty truck commercial auto market comprises dump trucks, logging trucks, tow trucks, local cartage, and other short-haul commercial vehicles. The company also offers cargo and general liability insurance products; and professional liability insurance for community banks, principally directors and officers liability insurance. In addition, it sells personal auto insurance in Australia. The Progressive Corporation provides policy issuance and claims adjusting services for the commercial auto insurance procedures/plans. It sells its products and services through independent agents and brokers, as well as directly online or by phone. The company was founded in 1937 and is headquartered in Mayfield Village, Ohio.

CHRISTOPHER & BANKS CORP (NYSE:CBK) - Christopher & Banks Corporation, through its subsidiaries, operates as a retailer of womens apparel in the United States. The company offers womens apparel in sizes 4 to 16, and petite sizes under Christopher & Banks brand; and sizes 14W to 26W under C.J. Banks brand. Its stores provide knit tops, woven tops, jackets, sweaters, skirts, denim bottoms, and bottoms of other fabrications, as well as jewelry for women ranging from 40 to 60 years of age. As of May 29, 2010, the company operated 795 stores in 46 states, including 532 Christopher & Banks stores, 261 C.J. Banks stores, and two dual stores. It also operates e-Commerce Web sites, www.christopherandbanks.com and www.cjbanks.com. The company was formerly known as Brauns Fashions Corporation and changed its name to Christopher & Banks Corporation in July 2000. Christopher & Banks Corporation was founded in 1956 and is based in Plymouth, Minnesota.

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