LLOYDS BANKING GROUP PLC-ADR (NYSE:LYG), Down By 25.00% ($0.53) From $2.120 After BUYINS.NET Report Predicted Stock Would Go Do
May 25, 2012 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Wednesday, May 2nd 2012 stating that LLOYDS BANKING GROUP PLC-ADR (NYSE:LYG) 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=lyg&id=270609
At the time this story was written, LLOYDS BANKING GROUP PLC-ADR (NYSE:LYG) is Down By $0.53 (25.00%) 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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LLOYDS BANKING GROUP PLC-ADR (NYSE:LYG) - Lloyds Banking Group plc provides various banking and financial services to personal and corporate customers primarily in the United Kingdom. It operates through four segments: Retail, Wholesale, Wealth and International, and Insurance. The Retail segment provides banking, mortgages, and other financial services to personal customers. Its products include current and savings accounts, personal loans, credit cards, and mortgages. This segment also operates as a general insurance and bancassurance distributor and sells a range of long-term savings, investment, and general insurance products. The Wholesale provides banking and related services for multinational corporates and financial institutions, and small and medium-sized businesses. It also provides asset finance to personal and corporate customers; and manages the companys activities in financial markets through its treasury function. In addition, this segment provides risk management and advisory services to corporate and commercial customers; finance for new start-ups; invoice discounting and factoring services; and acquisition finance and private equity services. The Wealth and International segment provides private banking, and wealth and asset management services. It also offers corporate, commercial, and retail banking services internationally. The Insurance segment provides life assurance, pensions, and investment products in Europe, as well as general insurance, including home and payment protection insurance to personal customers. The company was formerly known as Lloyds TSB Group plc and changed its name to Lloyds Banking Group plc in January 2009. Lloyds Banking Group plc was founded in 1985 and is headquartered in London, the United Kingdom.
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