Top Financial Shares:
Financial shares are flat to higher pre-market trade after a fairly soft session yesterday and on a rise in October's China manufacturing Purchasing Managers Index.
In financial stocks news, T. Rowe Price Group, Inc. ( TROW ) reported Q3 net revenues of $884.4 million, net income of $270.3 million, and diluted earnings per common share of $1.00. Net revenues were $769.7 million, net income was $247.3 million, and diluted earnings per common share was $.94 in Q3 2012.
And, AllianceBernstein ( AB ) said its Q3 adjusted earnings rose to $0.40 per share from $0.36 the year earlier, ahead of the $0.39 average Capital IQ analyst estimate. Revenues fell to $706 million from $708 million, well ahead of the $678 million consensus estimate.
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