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BNS

Financial Sector Update for 12/01/2015: BNS, PKY

Top Financial Shares:

JPM: +0.5%

BAC: +0.4%

WFC: +0.3%

C: flat

USB: flat

Shares in financial stocks were mainly higher in pre-market trade on Tuesday.

In financial stocks news, Canadian lender Bank of Nova Scotia ( BNS ) Tuesday reported improved results for fiscal Q4, helped by the strong performance of its Canadian and international banking businesses.

Shares in the company were 2.4% higher at $46.65 pre-bell. This is towards the lower end of the stock's 52 week trading range between $39.55 and $60.95.

Parkway Properties ( PKY ), an integrated, self-administered and self-managed real estate investment trust (REIT), shares were upgraded to buy from hold by Stifel Nicolaus, with a price target set at $19.50.

Shares in the company were 1.1% higher at $17.26 pre-bell. The company has traded between $15.20 and $19.52 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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