Top Financial Shares:
Financial shares were higher Friday in pre-market trade ahead of
consumer spending data and a consumer confidence report.
In financial stocks news, real estate broker RE/MAX (
) reported improved Q4 performance vs. a year ago in after-hours
Thursday, with both EPS and revenues topping analyst estimates.
The company also declared a quarterly dividend of $0.0625 per
share of Class A common stock, payable April 18, 2014, to
shareholders of record at the close of business April 4, 2014.
Adjusted net income for Q4 2013 grew 8.2% to $9.4 million, or
$0.31 per share, compared to $8.7 million a year ago.
And, PennyMac Financial Services (
) shares were upgraded to Outperform from Market Perform at Wells
Fargo with a price target raised to $19 from $17.
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