Financial shares were flat to higher in pre-market trade Tuesday
ahead of data on auto sales and a key manufacturing index.
In financial stocks news, MetLife (
) was up 2.3% at $54.01 in pre-market trade after the stock was
added to Bank of America Merrill Lynch's U.S. 1 List.
And, investment and financial services provider SWS Group (
) is higher in
after it said Tuesday that it has signed a definitive merger
agreement with financial holding company Hilltop Holdings Inc. (
) providing for the merger of SWS with and into HTH.
SWS shares are up 9.75% at $8.21, near the 52-week high of
Finally, Kingsway Financial Services (
) reported a net loss of $10.7 million, or a loss of $0.75 per
diluted share, for Q4.
The book value has decreased to $2.25 per share at December 31,
2013 from $4.97 per share at December 31, 2012.
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