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EFX

Financial Sector Update for 10/06/2015: SKT, EFX

Top Financial Shares:

JPM: flat

BAC: -0.51%

WFC: -0.11%

C: flat

USB: flat

Financial shares were hesitant before Tuesday's opening bell ahead of the start of third-quarter earnings season.

In financial stocks news, Tanger Factory Outlet Centers ( SKT ) said late Monday that it has closed on the sale of five non-core outlet centers for a total cash sales price of $150.7 million. The five properties sold are located in Barstow, California; Kittery, Maine; Tuscola, Illinois; and West Branch, Michigan.

And, Equifax ( EFX ) confirmed Tuesday that it has increased its all-cash non-binding proposal to acquire all the outstanding shares of common stock of Australian firm Veda Group Limited to AUD$2.825 per share, increasing its offer by US$75 million, resulting in an implied market capitalization of approximately US$1.7 billion.

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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