This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Wednesday's Financial Winners & Losers

Marsh & McLennan (MMC) gained after the New York-based insurance broker reported a big surge in third-quarter earnings. The company posted net income of $176 million, or 31 cents a share, compared with $69 million, or 12 cents a share, a year ago. Excluding a series of onetime items and charges, the firm earned 38 cents a share. Wall Street was looking for earnings of 35 cents a share. Shares were up 84 cents, or 2.8%, to $30.28.

Healthcare Realty Trust (HR - Get Report) slipped after the Nashville, Tenn.-based real estate investment trust was downgraded by Ryan, Beck & Co. to market perform from outperform. Shares fell 55 cents, or 1.4%, to $39.95.

MarketAxess Holdings (MKTX) gained after the New York-based brokerage reported an 8% rise in third-quarter earnings. The company earned $1.3 million, or 4 cents a share, up from $1.2 million, or 3 cents a share, a year ago. Revenue rose 9% to $20.8 million. Wall Street was looking for 4 cents a share on revenue of $20.75 million. Total trading volume increased 22% to $83.8 billion. Shares gained 15 cents, or 1.3%, to $11.40.

Capital Trust (CT) gained after the New York-based REIT was upgraded by Stifel Nicolaus to buy from hold. Shares were trading up 64 cents, or 1.4%, to $45.15.

Thomas Weisel Partners (TWPG), which went public earlier this year, reported that it swung to a profit in the third quarter. The San Francisco-based investment firm earned $1.5 million, or 6 cents a share, compared to a loss of $2.2 million in the year ago period. On an operating basis, which excludes certain one-time costs, the firm said it earned $2.8 million, or 11 share. On that basis, the boutique investment firm matched the Thomson Financial consensus estimate. Shares were trading up 76 cents, or 4.8%, to $16.77.

New Century Financial (NEW) gained after the Irvine, Calif.-based mortgage lender said it hired Taj Bindra to serve as chief financial officer. He replaces current CFO Patti Dodge, who will move to the role of executive vice president of investor relations, effective Nov. 15. Shares were trading up 44 cents, or 1.1%, to $39.82.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
HR $27.40 0.00%
MCC $9.34 0.00%
AAPL $123.25 0.00%
FB $83.30 0.00%
GOOG $548.34 0.00%

Markets

DOW 17,712.66 +34.43 0.19%
S&P 500 2,061.02 +4.87 0.24%
NASDAQ 4,891.2190 +27.8570 0.57%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs