Today's Financial Stock Winners and Losers

GMH Communities Trust (GCT Quote) gained Tuesday on Monday's news that the Newtown Square, Pa.-based housing company named a new chief financial officer.

Patrick O'Grady, who is currently a partner with KPMG LLP, is expected to join the company on July 1, replacing Dennis J. O'Leary, the interim CFO. Also, GMH released estimated unaudited results for 2005. The company said its annual report will be delayed while management continues to finalize the 2005 financial statements and Ernst & Young performs additional audits.

The company said it will delay filing first-quarter results until the 2005 report is finished, but it expects to file its quarterly report on June 30. It estimates revenue at roughly $227.6 million and income around $6.2 million. Earnings are estimated to be 18 cents a share. Funds from operations, a common performance metric used by real estate investment trusts, are estimated at 69 cents a share. Shares gained 42 cents, or 3.7%, to $11.80 in recent trading.

Ladenburg Thalmann Financial Services(LTS Quote) dropped slightly after the New York-based brokerage reported its first-quarter results. Revenue totaled about $14.8 million, up from $6.7 million a year ago. The company said income was in excess of $4.7 million, or 3 cents a share, compared to a loss in excess of $23 million, or 42 cents a share a year ago.

The first-quarter 2006 results include net revenue of $4.8 million, representing the difference between the estimated fair value, as of March 31, of consideration received from the merger between the New York Stock Exchange and Archipelago Holdings and the company's carrying value of its NYSE membership as well as noncash compensation expense of roughly $700,000. Shares slipped 3 cents, or 2.1%, to $1.37 in recent trading.

Jefferies Group(JEF Quote) slipped after the New York-based investment bank reported a 2-for-1 stock split. Shares fell 44 cents, or 1.4%, to $31.16 in recent trading.

Synovus Financial(SNV Quote) dipped slightly after the Columbus, Ga.-based financial holding company announced a quarterly cash dividend of $0.1950 a share. The dividend is payable on July 1 to Synovus shareholders of record as of the close of business on June 22. Shares slipped 27 cents, or nearly 1%, to $27.22 in recent trading.