The surge follows the company said it posted 2010 Q4 EPS of $0.19, up from $0.07 per share last year. The mean analyst estimate on MarketWatch was $0.17.
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American Capital Ltd. (ACAS) is up 11.01% to $9.68 at market open, higher than its new 52-week high of $9.53.
American Capital Ltd. (ACAS) is leading the climb, up more than 10% about an hour ahead of the market open. The surge follows the company said it posted 2010 Q4 EPS of $0.19, up from $0.07 per share last year. The mean analyst est
The pre-market price of $9.63 is higher than its 52-week high of $8.82.
Annaly Capital Management (NLY) is fractionally up on correction, after closing more than 3% lower Tuesday.
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"Financial stocks are fractionally higher in pre-market trade, after demonstrating a downward trend last week.
From FNNO.com, this is the Financial News Network. I’m Cleo
Stiller-Farrell and this is your Midweek Market Wrap Up. The British
Bankers’ Association, which has the supervisory role of setting the
influential Libor rates, announced that it would be willing to give up
its...
The Wall Street Journal reports that home prices showed their best year-to-date gains since 2005, up 5.9% through July, signaling the housing market's steady march toward recovery. Also from the Wall Street Journal, IBM (IBM) will increase its efforts to sell so-called cloud computing services...
CEO Marissa Mayer is bringing in some more new blood to Yahoo!, tapping Ken Goldman as the company's new Chief Financial Officer. Goldman's appointment will take effect on October 22nd.
Goldman served as CFO at his most recent employer, Fortinet, having worked at Siebel Systems, Sybase,...