Sector Update: Financial Stocks Firm Ahead of Jobs Report This Week

By Staff,

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Top Financial Shares:

JPM: +0.84%

BAC: +0.21%

WFC: flat

C: flat

USB: flat

Financial shares are flat to slightly firmer this morning as investors poise for a jobs report later this week, which could determine when the Fed will taper its bond-buying program. Factory orders are due out today.

In financial stock news, Realogy Holdings ( RLGY ), a residential real-estate company, reports net revenue for Q3 2013 was $1.55 billion, a 21% increase compared to the same period in 2012. Adjusted earnings per share were $1.02, from a $4.24 per share loss a year prior. Analysts estimates were not available.

And, CME Group Inc. ( CME ), a global derivatives marketplace, reports revenues of $715 million up from $683.2 million a year ago and operating income of $401 million for Q3 2013.

Excluding items, EPS was $0.75. Analysts expected $0.73 per share on $712 million in revenue for Q3.

CME is flat at $74.70 in pre-market trade, trading in a 52-week range of $49.79 to $79.45.

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: CME , RLGY

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