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LTS

Financial Sector Update for 03/16/2017: LTS

Top Financial Shares:

JPM: +0.4%

BAC: +0.4%

WFC: -0.7%

C: 0.4%

USB: +0.4%

Financial shares were mainly higher in pre-market trade Thursday the morning after the Federal Reserve raised its interest rate.

In financial stocks news, Ladenburg Thalmann ( LTS ), a financial services company , Thursday reported narrower losses in Q4, helped by increased revenues. Net loss was $0.04 per diluted share compared to last year's net loss of $0.05 per diluted share. This was after revenues grew to $297.1 million from $294.3 million.

Shares in the company were unchanged at $2.11 pre-bell.

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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