Sector Update: Financial

By Staff,

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Financial shares are mainly higher in today's pre-market session, ahead of non-farm payrolls data...and breaking five consecutive sessions of losses.

In financial stocks news, Canada's Scotiabank (BNS, BNS.TO) reported net income for Q4 2013 of $1,703 million, up 12% from $1,519 million for the same period last year. Diluted earnings per share ( EPS ) were $1.30, compared to $1.18 last year, an increase of 10%. Adjusted EPS was $1.31, which missed forecasts by a penny.

And, CME Group ( CME ) is in the last stages of talks with the Bank of England to join the new European exchange and is hoping for approval soon, Bloomberg reports. CME closed down 1.3% at $79.11 yesterday, trading in a 52-week range of $49.79 to $84.35.

Finally, Springleaf Holdings ( LEAF ) was started at a Buy at JP Morgan. Shares are steady at $21.83.

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 , EPS , LEAF

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