Sector Update: Financial Stocks Higher Pre-Market Despite Weak Retail Data

By
A A A

Top Financial Shares:

JPM: flat

BAC: +0.39%

WFC: +0.36%

C: +0.33%

USB: flat

Financial shares were a bit higher in pre-market trading Wednesday, as retail-sales data for July revealed retail sales were up only a fraction from June. Investors were also awaiting scheduled remarks by two Federal Reserve officials.

William Lyon Homes ( WLH ) reported earnings of $0.38 per share on revenue of $179.8, both of which beat the Street views.

Ares Management ( ARES ) reported Q2 earnings of $0.33 per share and revenue of $131.6 million, which was up 47% from a year prior. ARES was steady at $17.99 in pre-market trading.



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

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


This article appears in: Investing , Commodities

Referenced Stocks: WLH , ARES

MT Newswires

MT Newswires

More from MT Newswires:

Related Videos

Stuck
Stuck                               
Yoga Surfer
Yoga Surfer                         

Stocks

Referenced

Most Active by Volume

89,851,277
  • $17.05 ▲ 0.12%
61,694,953
  • $39.05 ▲ 1.03%
61,622,467
  • $102.64 ▲ 1.56%
56,476,509
  • $3.48 ▼ 1.14%
49,282,352
  • $5.31 ▲ 3.91%
37,301,083
  • $87.17 ▼ 3.03%
36,192,897
  • $78.29 ▲ 1.94%
33,401,171
  • $38.83 ▼ 1.89%
As of 9/23/2014, 04:15 PM

Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com