Markets

Financial Sector Update for 12/29/2015: BFIN, NYRT

Top Financial Shares:

JPM: flat

BAC: +0.7%

WFC: flat

C: +0.7%

USB: flat

Financial shares were mainly unchanged in pre-market trade on Tuesday ahead of the release of December consumer confidence data. The headline is expected to rise to 93.5 after tumbling to 90.4 in November.

In financial stocks news, BankFinancial ( BFIN ) said late Monday that its board of directors has approved a 1 million increase in the number of shares it may repurchase under its normal course issuer bid. The board also extended the expiration of the current program to December 31, 2016.

Shares in the company were flat at $13.00 pre-bell. This is within the upper band of the stock's 52 week trading range between $11.07 and $13.62.

And New York REIT ( NYRT ) reported on Tuesday that it will pay a $0.038 dividend per common share for January 2016, to stockholders of record Jan. 8, and payable on Jan. 15. The dividend is unchanged from the previous month. New York REIT owns income-producing commercial real estate in New York City.

Shares in the company were flat at $11.44 pre-bell. This is within the upper band of the stock's 52 week trading range between $8.87 and $11.90.

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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