Sector Update: Financial Shares Higher Ahead of Manufacturing Data

By
A A A

Top Financial Shares:

JPM: +0.22%

BAC: +0.24%

WFC: flat

C: +0.40%

USB: -0.20%

Financial shares were higher in Monday's pre-market session ahead of a data-heavy week that kicks off with manufacturing data due out at 10 a.m.

In financial stocks news, Goldman Sachs Group Inc. ( GS ) said, together with VTB Capital, it bought a 50% interest in the Russian Fitness Group for an undisclosed amount, "substantially" boosting its minority stake in the gym chain, Bloomberg reports.

And, Mitsubishi UFJ Financial Group ( MTU ) shares were down 1.3% Monday after the banking company reported its Q3 earnings. It reported earnings of 54.84 yen, up over 37.00 yen a year prior in Q3.

Finally, RBS' ( RBS ) new CEO is making some management changes that include appointing temporary retail business chief Les Matheson to the position permanently.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

Copyright (C) 2014 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


This article appears in: Investing , Commodities

Referenced Stocks: GS , MTU , RBS

MT Newswires

MT Newswires

More from MT Newswires:

Related Videos

Stocks

Referenced

64%
100%
60%

Most Active by Volume

56,834,794
    $15.52 unch
47,736,761
  • $94.72 ▲ 0.83%
41,992,984
  • $2.47 ▲ 11.76%
40,893,734
  • $34.7901 ▲ 2.14%
39,324,803
  • $69.27 ▼ 0.19%
39,276,613
  • $7.28 ▲ 2.68%
39,084,483
  • $44.83 ▼ 0.01%
33,527,212
  • $26.02 ▲ 0.15%
As of 7/22/2014, 04:03 PM