Deutsche Bank AG (NYSE:DB) [Trend Analysis] knocking active thrust in leading trading session, shares a loss of -0.44% to 13.53 with about 14.71 Million shares have changed hands in this session. Deutsche Bank (DB) reported that it has reached an contract with its Group and General Works Councils and inked all remaining balance of interests contracts planned for 2016 on role reductions in Germany. Following announcing the contracts on the reduction of 3,000 jobs roles in June 2016, another 1,000 jobs will now be reduced. This brings the total number of role reductions in Germany to about 4,000, The Job cuts are part of 9,000 jobs being reduced worldwide to make the Group more competitive as part of Strategy 2020. The stock is going forward its fifty-two week low with 20.91% and lagging behind from its 52-week high price with -56.10%.
Same, the positive performance for the quarter recorded as 4.32% and for the year was -53.00%, while the YTD performance remained at -43.98%. DB has Average True Range for 14 days of 0.60.
ServiceMaster Global Holdings, Inc. (NYSE:SERV) [Trend Analysis] retains strong position in active trade, as shares scoring 0.48% to $33.81 in a active trade session, while looking at the shares volume, about 1.25 Million shares have changed hands in this session. ServiceMaster (NYSE:SERV) reported it has entered into a national alliance with the American Red Cross to be the exclusive sponsor of the Red Cross Emergency App, which alerts people of important weather events, in addition to providing expert safety advice on disaster preparedness.
“ServiceMaster is built on a foundation of providing essential services — both to our consumers and the communities where our employees live and work,” stated Rob Gillette, chief executive officer of ServiceMaster. “Protecting and maintaining homes and businesses is in our DNA, and we believe the Red Cross app is another way we can help bring valuable content delivered on a trusted mobile platform to millions of users who want timely access to information when disaster threatens or strikes.” SERV attains analyst recommendation of 2.30 with week’s performance of -0.12%. Investors looking additional ahead will note that the Price to next year’s EPS is 10.75%.