Markets

Financial Sector Update for 02/12/2016: NOAH, EMCI

Top Financial Shares:

JPM: +4.3%

BAC: +3.8%

WFC: +2.1%

C: +3.2%

USB: flat

Financial shares were mainly higher in pre-bell trade on Friday.

In financial stocks news, Noah Holdings ( NOAH ), a provider of wealth investment and asset allocation services, said it still plans to "execute" on its $50 million repurchase program that was announced in July 2015 even amid the recent volatility in global markets.

Shares in the company were unchanged at $20.38 pre-bell. The company has traded between $18.66 and $37.96 over the past 52 weeks.

And EMC Insurance ( EMCI ) Friday reported strong financials for Q4 2015, reflecting the robust performance of its property and casualty insurance business.

Shares in the company were flat at $23.87 pre-bell. The company has traded between $19.84 and $26.83 over the past 52 weeks.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

NOAH EMCI

Other Topics

Commodities

Latest Markets Videos