Corpbanca Sociedad Anonima Bancaria (NYSE:BCA), Down By 8.13% ($1.87) From $22.990 After BUYINS.NET Report Predicted Stock Woul
February 17, 2012 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Monday, February 13th 2012 stating that Corpbanca Sociedad Anonima Bancaria (NYSE:BCA) was expected to go Down due to the Bearish conditions presented in the following report. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=bca&id=242081
At the time this story was written, Corpbanca Sociedad Anonima Bancaria (NYSE:BCA) is Down By $1.87 (8.13%) since the BUYINS.NET report was released.
The movement of stock prices in the days and weeks leading to and following specific fundamental or technical events may follow a predictable pattern. Many companies stock price histories show random or unpredictable movements around certain events. But some seem to repeat the same pattern quarter after quarter, year after year. We use powerful computers to uncover those events and correlations to generate predictions with high probabilities of generating very specific returns within very specific time periods.
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Corpbanca Sociedad Anonima Bancaria (NYSE:BCA) - CORPBANCA, together with its subsidiaries, provides various commercial and retail banking services in Chile. It accepts checking accounts, savings accounts, bankers drafts, and time deposits. The companys loan portfolio includes commercial loans; working capital loans; letters of credit; mortgage loans, including residential mortgages for the purchase of new and existing homes, and other mortgages for other purposes secured by real property owned by the customer; consumer loans that comprise personal loans, automotive financing, and university and post-graduate education loans; and syndicated loans. It also offers trade financing, on-lending of financing, overdraft credit lines, cash flow management services, currency forwards, credit and debit cards, ATM cards, and Internet and telephone banking services. In addition, the company provides financial and legal advisory, mutual fund management, insurance brokerage, and securities brokerage services. Further, it offers leasing services relating to commercial real estate, vehicles, and machinery, as well as factoring services by purchasing customers debt portfolios, such as bills, notes, and contracts. As of December 31, 2009, the company operated 111 branch offices in Chile, which include 56 branches operating under the CorpBanca name, and 55 branches operating under the Banco Condell name. It also operated 324 ATMs in Chile. The company was founded in 1871 and is based in Santiago, Chile.
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