Financial Sector Unusual Volume: ICICI Bank Limited (NYSE:IBN), Artisan Partners Asset Management (NYSE:APAM), DuPont Fabros Technology (NYSE:DFT), PLW

Posted by on Mar 10, 2014

Private sector lender ICICI Bank Limited (ADR) (NYSE:IBN) is planning to double their reach and support over two million women with cumulative loan disbursements of Rs 2,500 crore under its programme for Self Help Groups (SHG) over the next year. ICICI Bank Limited (ADR) (NYSE:IBN) stock opened at $40.10 in last session, and closed at $40.30, while the day range of stock is $40.05 – $40.74. The stock showed a positive weekly performance of 12.95%.

Artisan Partners Asset Management Inc. (NYSE:APAM) priced a public offering of more than 8 million common shares at $62 per share Friday.Artisan Partners Asset Management Inc (NYSE:APAM) stock opened at $64.03, in last session and closed at $64.75, by gaining 1.09%. The 52 week range of the stock is $36.05 – $71.86. Company’s market capitalization is $1.28 billion.

DuPont Fabros Technology, Inc. (NYSE:DFT) discloses Yahoo plans to sub-lease premises it directly leases at two DuPont data center facilities in Ashburn, VA. DuPont says the leases “represent 11% of the Company’s operating property portfolio.” DuPont Fabros Technology, Inc. (NYSE:DFT) stock decreased -3.46% and finished the last session at $25.10. The EPS of the stock remained 0.32. Company’s market capitalization is $1.64 billion.

The PowerShares 1-30 Year Laddered Treasury Portfolio (NYSEARCA:PLW) has a three-year head start and has $144 million in assets. It’s more expensive than TRSY with a 0.25% expense ratio. Although not a blockbuster in terms of asset level, PLW shows there is a market for laddered portfolios under the hood of an ETF. PowerShares 1-30 Laddered Treasury (ETF) (NYSEARCA:PLW) stock opened the session at $30.01, and closed the session at $30.06. The 52 week range of the stock remained $28.67 – $33.18 and the day range was $30.01 – $30.08.

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