NOAH

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.

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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.

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