Morning Research: Staples Inc., Sinclair Broadcast Group Inc., Norfolk Southern Corp., and Avnet Inc.

LONDON, August 28, 2013 /PRNewswire/ --

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The U.S. equity market ended the day on a lower note on Tuesday, August 27, 2013. The Dow Jones Industrial Average closed at 14,776.13, down 1.14%, the S&P 500 closed at 1,630.48, down 1.59%, and the NASDAQ Composite finished at 3,578.52, down 2.16%. Shares in services sector industry ended lower, tracking losses in the broader market. The major movers in the sector included Staples Inc. (NASDAQ: SPLS), Sinclair Broadcast Group Inc. (NASDAQ: SBGI), Norfolk Southern Corporation (NYSE: NSC), and Avnet Inc. (NYSE: AVT). AAAResearchReports.com has released full comprehensive research on SPLS, SBGI, NSC, and AVT. These free technical analyses can be downloaded by signing up at:

http://www.aaaresearchreports.com/register/  

On Tuesday, Staples Inc.'s shares closed the day 2.51% lower from the previous day's price of $14.37. The company's stock ended the session at $14.01 after vacillating between $13.93 and $14.28. A total of 8.91 million shares were traded, which is above the daily average volume of 7.55 million. The company's stock has fallen by 0.43% in the previous three days, outperforming the S&P 500 which has lost 1.60% during the same period. Despite the recent losses, the company's stock continues to trade above its 200-day moving average. Download free report on SPLS upon registration at:

http://www.AAAResearchReports.com/SPLS082813.pdf

Sinclair Broadcast Group Inc.'s shares fluctuated between $24.50 and $25.26 on Tuesday before ending the day 1.46% lower at $24.89. A total of 1.08 million shares were traded, which is below the daily average volume of 1.64 million. The company's shares have lost 1.97% in the last three trading sessions, compared to a loss of 1.60% in the S&P 500 during the same period. Furthermore, Sinclair Broadcast Group Inc.'s stock is trading above its 200-day moving average. SBGI technical report can be accessed for free by signing up at:

http://www.AAAResearchReports.com/SBGI82813.pdf

Shares in Norfolk Southern Corporation fell sharply on Tuesday, as the broader market declined. The company's shares ended the day 2.36% lower at $72.89 after vacillating between $72.82 and $73.97. A total of 1.52 million shares were traded, which is below the daily average volume of 1.96 million. The company's shares are trading above their 200-day moving average. Further, the company's stock has lost 1.39% in the last one month, outperforming the S&P 500 which has lost 3.62% during the same period. The free report on NSC can be downloaded by signing up now at:

http://www.AAAResearchReports.com/NSC082813.pdf

Avnet Inc.'s stock plummeted on Tuesday, tracking losses in the broader market. The company's shares fluctuated between $38.34 and $39.35 before finishing the day 3.13% lower at $38.34. A total of 0.58 million shares were traded, which is below the daily average volume of 0.63 million. Despite Tuesday's pullback, the company's shares have gained 2.87% in the last one month and 14.58% in the last three months, outperforming the S&P 500 which has lost 3.62% and 1.16% during the respective periods. Moreover, the company's shares are trading above their 50-day and 200-day moving averages. A free report on AVT can be accessed by registering at:

http://www.AAAResearchReports.com/AVT082813.pdf

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SOURCE AAA Research Reports