SOURCE: Market Foundations Inc.

May 31, 2012 09:35 ET

Perception, Opportunity in Volatility - Research & Analysis on Provident Financial Services, Inc. and Hudson City Bancorp, Inc.

HONG KONG--(Marketwire - May 31, 2012) - This morning, announced new reports highlighting Provident Financial Services, Inc. (NYSE: PFS) and Hudson City Bancorp, Inc. (NASDAQ: HCBK). Free research downloads are available at

With markets in correction mode, investors are looking to quantify an accurate model, weighing positives and negatives of the months ahead. Upcoming negative pressures include China's slowdown, the European recession, the end of the Fed's Operation Twist stimulus program, continued geopolitical risks, election uncertainty, and potential 2013 budget bombshell of tax hikes and spending cuts. Meanwhile, positive offsets are driven by central banks (particularly China) cutting rather than hiking rates, deceleration in fuel and food prices, increase in consumer sentiment and resulting retail sales, signs of improvement in housing sales and new strength in auto production schedules.

Despite the current situation, our team continues to identify high momentum situations with growth potential -- there remains strong opportunity within careful discretion.

Market Foundations is releasing new coverage on Provident Financial Services, Inc. for its current position within the financial industry. Provident Financial Services, Inc. is a holding company of The Provident Bank (the Bank). The Bank is a New Jersey-chartered capital stock savings bank. The Bank is a community- and customer-oriented bank. The full research report on Provident Financial Services, Inc. (NYSE: PFS) is available here:

Market Foundations has released research on Hudson City Bancorp, Inc. for its changing role within the financial industry. Hudson City Bancorp, Inc. (Hudson City Bancorp) serves as the holding company of its subsidiary, Hudson City Savings Bank (the Bank). The Bank is a federal stock savings bank. The Company is a community- and consumer-oriented retail savings bank offering traditional deposit products, residential real estate mortgage loans and consumer loans. The full research report on Hudson City Bancorp, Inc. (NASDAQ: HCBK) is available here:

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