Top Financial Stocks:
JPM: +0.25%
BAC: +0.21%
WFC: +0.42%
C: +0.31%
USB: Flat
Financial stocks were climbing pre-market Monday.
Early movers include:
(+) Kayne Anderson MLP Investment ( KYN ), which almost 2% higher after entering a $300 million unsecured revolving credit facility with a syndicate of lenders to replace its $150 million unsecured revolving credit facility, which was set to mature Feb. 15.
In other sector news:
(+) Kemper ( KMPR ) was up 1.1% after i t report ed Q4 adjusted earnings of $0.91 per share, up from $0.60 in the same period a year ago and topping the estimate of $0.79 from analysts polled by Capital IQ.
(=) Loews ( L ) was flat as it booked a Q4 loss of $0.53 per share, compared to earnings of $1.43 per share in the same period a year ago. Analysts polled by Capital IQ expected earnings of $0.33 per share, but this may not be comparable.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
