<< Read Full Article
<< Read Full Article
Updated from 2:15 p.m. EDT
The financial sector swung even lower than the sliding broader market on Tuesday as a few big names brought disappointing financials to bear.
Lazard (LAZ Quote), for instance, gave up 1% to $53.35 in heavy trading after first-quarter income sank 7.8% year over year to 47 cents a share. Analysts polled by Thomson Financial were looking for the Bermuda-based financial advisement and asset management firm to deliver 62 cents a share.
Marsh & McLennan (MMC Quote), a New York-based insurance broker, also lost ground on a wide income miss. First-quarter continuing-operations profits came to $228 million, or 41 cents a share -- 9 cents a share under Street expectations. Shares shed 2.5% to $31.13. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,441.12 | 1,109.18 | 2,206.91 | 35.96 |
Oil *
73.55
|
|
DOWN
10.88
|
UP
1.25
|
UP
5.86
|
DOWN
0.07
|
10 Yr
3.60%
SPDR Gold
111.59
|
|
-0.10%
|
+0.11%
|
+0.27%
|
-0.19%
|
Data delayed 20 minutes |
Connect with TheStreet