Stocks & Investing
Stocks and Investing
Stocks and Investing
Wed, July 25, 2012 Oriental Financial Group Inc (NYSE:OFG), Down By 5.95% ($0.65) From $10.920 After BUYINS.NET Report Predicted Weakness After Ea
July 25, 2012 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Friday, July 20th 2012 stating that Oriental Financial Group Inc (NYSE:OFG) was expected to be Down After its earnings release. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=ofg&id=294550
At the time this story was written, Oriental Financial Group Inc (NYSE:OFG) is Down By 5.95% ($0.65) From $10.920 since the BUYINS.NET report was released.
The movement of stock prices in the days and weeks leading to and following 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 specific technology used to make these predictions is available for a low monthly fee at http://www.squeezetrigger.com/services/strat/mh.php
Oriental Financial Group Inc (NYSE:OFG) - Oriental Financial Group Inc., a financial holding company, provides a range of financial services to mid and high net worth individuals, and families, including professionals and owners of small and mid-sized businesses primarily in Puerto Rico. It operates in three segments: Banking, Financial Services, and Treasury. The Banking segment offers commercial and consumer lending, saving and time deposit products, financial planning, and corporate and individual trust services. It also provides mortgage lending products that include residential mortgage loans. As of December 31, 2009, this segment operated 21 branches throughout Puerto Rico. The Financial Services segment offers services, including securities brokerage, wealth management, trust services, retirement planning, insurance, and pension administration. This segment also provides investment banking services comprising public offerings and private placements of debt and equity securities, underwriting, and merger and acquisition and financial restructuring advisory services. In addition, it engages in insurance agency services and administration of retirement plans in the United States and the Carribean. The Treasury segment involves in various treasury related functions with an investment portfolio that comprises mortgage-backed securities, obligations of U.S. government sponsored agencies, Puerto Rico government and agency obligations, structured credit investments, and money market instruments. The company was founded in 1964 and is based in San Juan, Puerto Rico.
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DISCLAIMER:
BUYINS.NET is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. Oriental Financial Group Inc (NYSE:OFG) has not approved the statements made in this release. Please read our report and visit our web site, http://www.buyins.net, for complete risks and disclosures.
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