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Banco Bradesco SA (NYSE:BBD), Down By 8.29% ($1.56) From $18.820 After BUYINS.NET Report Predicted Weakness Before Earnings
January 24, 2013 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Wednesday, January 23rd 2013 stating that Banco Bradesco SA (NYSE:BBD) was expected to be Down Before its earnings release. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=bbd&id=342469
At the time this story was written, Banco Bradesco SA (NYSE:BBD) is Down By 8.29% ($1.56) From $18.820 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
Banco Bradesco SA (NYSE:BBD) - Banco Bradesco S.A. provides a range of banking and financial products and services to individuals; large, mid-sized, and small companies; and local and international corporations and institutions. It operates in two segments: Banking; and Insurance, Pension, and Capitalization Bonds. The Banking segment comprises deposit taking activities, including checking accounts, savings accounts, time deposits, interbank deposits, and accounts for salary purposes. This segment also provides loans and advances for individuals and companies, real estate financing, microcredit, onlending BNDES funds, rural credit, and leasing; credit cards, debit cards, and pre paid cards; management of receipts and payments; asset management services; services related to capital markets and investment banking activities; intermediation and trading services; custody, depositary, and controllership services; international banking services; and purchase of consortiums. The Insurance, Pension, and Capitalization Bonds segment offers various products and services, including life, personal accident, and random events insurance; health insurance; automobiles, property/casualty, and liability insurance; individual and corporate pension plans; and capitalization bonds, as well as engages in treasury activities. As of December 31, 2011, the company operated a network of 4,634 branches; 34,516 ATMs; 12,455 shared ATMs under the Banco24Horas brand; and 4,429 special points of banking services located on the premises of corporate customers. It also operates three branches and nine subsidiaries in New York, London, the Cayman Islands, Tokyo, Buenos Aires, Luxembourg, Hong Kong, and Mexico. The company was formerly known as Banco Brasileiro de Descontos S.A. and changed its name to Banco Bradesco S.A. in 1988. Banco Bradesco S.A. was founded in 1943 and is headquartered in Osasco, Brazil..
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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. Banco Bradesco SA (NYSE:BBD) 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.
Contact: BUYINS.NET Thomas Ronk 800-715-9999 tom@buyins.net http://www.buyins.net