Top Financial Shares:
Financial shares are higher in pre-market trade in the wake of
better-than-expected results from Morgan Stanley.
In stocks news, Morgan Stanley (
) reports Q3 revenue of $7.9 bln, vs. the analyst consensus of
$7.52 bln on Capital IQ. EPS was $0.50, vs. expectations of $0.41
And First Niagara Financial Group (
) says Q3 net income gained to $71.6 million, or $0.20 per share,
from $50.8 million, or $0.14 a year earlier and topping forecasts
on Capital IQ for $0.19. The shares are trading near the top of
their 52-week range of $7.08 - $11.02.
Finally, Financial holding company MB Financial, Inc. (
) reported late Thursday Q3 2013 diluted EPS of $0.44 versus
consensus estimate of $0.46. Year-ago diluted EPS was $0.42.
Net interest income for the period totaled $68.9 million,
compared to $72.1 million in the prior-year period. MBFI closed at
$29.83 on Thursday and touched its 52-week high of $29.89.
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