Markets

Sector Update: Financial Shares Edge Higher in Pre-Market Trade

Top Financial Shares:

JPM: flat

BAC: +0.20%

WFC: +0.28%

C: +0.02%

USB: -0.51%

Financial shares were a bit higher Tuesday morning ahead of the weekly job openings report.

In financial stocks news, Aercap Holdings N.V ( AER ) is higher in pre-market trading after the company reported better-than-expected financial results for Q2, on a 227% year-over-year increase in revenue.

Shares were up 1.15% at $44.99 with a 52-week range of $17.49 - $48.81.

And, American depositary shares of Noah Holdings Limited ( NOAH ) were up over 6% in pre-market trade Tuesday after the company posted strong Q2 results that beat analysts' consensus estimates compiled by Capital IQ.

The company, which provides wealth management services in China, posted Q2 adjusted net income attributable to shareholders of $24.6 million, or $0.44 per diluted share, up from $16.1 million, or $0.29 per diluted share. Analysts were expecting EPS of $0.33 per share.

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.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

NOAH AER

Other Topics

Commodities

Latest Markets Videos

    MTNewswires

    Founded in 1999, MT Newswires (formerly known as Midnight Trader) is a leading provider of original source, multi-asset class, real-time, global financial news and information to most of the largest banks, brokerage firms and professional market data, trading & research applications in North America.

    Learn More