Top Financial Shares:
Financial shares were poised for a strong rally in Friday's pre-market trade after Federal Reserve Chair Janet Yellen said a rate hike would be appropriate this year.
In financial stocks news, Waterstone Financial ( WSBF ) said late Thursday it will distribute an unchanged quarterly cash dividend of $0.05 per share, payable on Nov. 2 to holders of record on Oct. 12.
Hudson City Bancorp ( HCBK ) shares were preparing to lose some of Thursday's 3.8% gains after the company said it entered into a settlement agreement with the U.S. Department of Justice and the Consumer Financial Protection Bureau related to alleged violations of the Fair Housing Act and Equal Credit Opportunity Act.
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.
Latest Markets Videos
- The $12 Trillion "Once-in-a-Lifetime" Market Opportunity Investors Won't Want to Miss
- J.P. Morgan Says These 3 Stocks Could Surge Over 100% From Current Levels
- Forget Tesla's Battery Day, These EV Stories Are More Important
- ChargePoint, Switchback Energy Acquisition Enter Business Combination Agreement