Markets

Sector Update: Financial

Financial shares were lower in pre-market trade Wednesday.

In financial stocks news, New York Community Bank ( NYCB ) declared cash earnings of $0.29 per share, higher than the $0.26 per share the Street expected, according to Capital IQ. NYCB shares were steady in pre-market trade at $15.56 in a 52-week range of $13.75 to $17.39.

And, Janus Capital Group ( JNS ) posted mixed Q2 results, with net income in line with expectations, though revenue fell short.

Net income was $36.3 million, or $0.19 per diluted share, compared with net income of $15.8 million, or $0.08 per diluted share, in the second quarter 2013. That's in line with the $0.19 expected by analysts, if comparable, according to Capital IQ.

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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