Top Financial Shares:
Financial shares were mixed in pre-market trade Wednesday after
the jobless claims report and ahead of a manufacturing survey.
In financial stocks news, Education Realty Trust (
) said it has priced its public offering of 21.3 million shares of
its common stock at a price to the public of $10.20 per share.
The company has also granted the underwriters a 30-day option to
purchase up to 3.195 million additional shares of common stock, at
the price to the public less the underwriting discount.
And, Markit (MRKT), the financial data provider based in London,
raised $1.28 billion in its initial public offering. Shares priced
at the midpoint of the range at $24.
Finally, Five Oaks Investment (
), a firm that invests in, finances and manages a leveraged
portfolio of Agency and Non-Agency residential mortgage-backed
securities, residential mortgage loans and other mortgage-related
investments, said late Wednesday that it has commenced an
underwritten public offering of 3,500,000 shares of its common
The company will grant the underwriters a 30-day option to
purchase up to an additional 15%, or 525,000 shares, of the common