Sector Update: Financial Shares Higher Pre-Market Ahead of Busy Earnings Day

By Staff,

Shutterstock photo

Top Financial Shares:

JPM: +0.54%

BAC: +0.73%

WFC: +0.36%

C: +0.62%

USB: flat

Financial shares were generally higher in pre-market trade Thursday as Apple ( AAPL ) reports a bullish quarterly report and investors await a busy earnings day.

And, First Niagara Financial Group ( FNFG ) shares slipped pre-market Thursday after the company reported Q1 results, with earnings meeting the Street view.

First Niagara reported operating earnings of $0.17 and GAAP earnings of $0.15 per share.

Total interest income was $300.1 million.

The Street expected earnings of $0.17 per share on revenue of $363 million, according to Capital IQ estimates.

And, T Rowe Price ( TROW ) reported earnings of $1.12 and revenue of $954.6 million, which both beat the Street view. TROW shares were down 0.5% at $80.78 in pre-market trade.

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

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

This article appears in: Investing Commodities
Referenced Stocks: AAPL , FNFG , TROW

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