Financial shares are mixed this morning as investors absorb
comments from the Federal Reserve yesterday as it delayed tapering
its bond-buying program while leaving investors still wondering
about the precise timing of the scaleback.
In financial stocks news, GAIN Capital Holdings (
) reports net revenue of $60.6 million, up 52% from $40.0 million
last year. Adjusted net income was $5.1 million, or $0.13 per
Those results beat the Street consensus of $0.09 per share on
$50.0 million in revenue.
The company also declared a $0.05 per share quarterly cash
dividend, payable on December 20, 2013 to all holders of common
stock as of December 12, 2013.
And, Fortress (
) is steady pre-market at $8.59 as it reports Q2 pre-tax earnings
of $0.13 per share, up from $0.12 per share a year prior.
The company also declared a quarterly dividend of $0.06 per
Copyright (C) 2014 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.