Sector Update: Financial Shares Weighed Over Slower Growth in Europe

By Staff,

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Top Financial Shares:

JPM: -0.37%

BAC: -0.28%

WFC: -0.12%

C: -0.35%

USB: 0

Financial shares are lower in pre-market trade this morning as the European Commission revises its forecast to show slower growth.

In financial stocks news, Vornado Realty Trust ( VNO ) reports earnings of $83.0 million, or $0.44 per diluted share, compared to $232.4 million, or $1.24 per diluted share for Q3. Analysts called for $0.38 per share on $676 million in revenue.

And, InterncontinentalExchange ( ICE ) reports Q3 net income of $1.97 per share, up 10% from the year prior. Revenues were $338 million. The Street called for $1.84 per share on $332 million in revenue.

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: ICE , VNO

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