Sector Update: Financials Mixed Pre-Market Ahead of Jobs Report

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Top Financial Shares:

JPM: +0.04%

BAC: -0.45%


WFC: +0.29%

C: +0.02%

USB: flat

Financial shares were generally higher in pre-market trade Friday ahead of jobs data.

In financial stocks news, Bank of America ( BAC ) shares declined slightly in Friday's pre-market session, as a report by The Wall Street Journal said the banking giant is in talks to pay at least $12 billion to settle civil probes by the Justice Department and a number of states, citing people familiar with the negotiations.

BAC was down 0.5% at $15.35 in recent pre-market trading , in a 52-week range of $12.13 to $18.03.

And, AIG ( AIG ) said late Thursday that its board of directors approved the repurchase of additional shares, with an aggregate purchase price of up to $2 billion. As a result, the remaining shares left to be repurchased are valued at approximately $2.12 billion. AIG was up 0.4% in recent pre-market trade.



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: BAC , AIG

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