Sector Update: Financials

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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 The NASDAQ OMX Group, Inc.

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This article appears in: Investing , Commodities

Referenced Stocks: ICE , VNO

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