( CFC) fell after the Calabasas, Calif., residential mortgage lender missed analysts' fourth-quarter earnings estimates. The company had a profit of $638.9 million, or $1.03 a share, up from $369.8 million, or 61 cents a share, a year ago. Revenue increased 29% to $2.59 billion.
Analysts polled by Thomson First Call were looking for earnings of $1.05 a share. Countrywide Financial slipped 74 cents, or 2.2%, to $33.51 in recent trading.
Waddell & Reed Financial
, an Overland Park, Kan., financial services company, fell short of analysts' fourth-quarter earnings expectations. The company made $20 million, or 24 cents a share, for the quarter ended Dec. 31, down from the year-ago $24 million, or 31 cents a share.
On an adjusted basis, excluding certain items, the latest-quarter profit rose to 29 cents a share from 28 cents a year earlier, but still missed the 31-cent consensus estimate. Revenue climbed 11% from a year ago to $163 million. Waddell & Reed Financial fell $1.29, or 5.6%, to $21.80 in recent trading.
International Securities Exchange
( ISE) advanced after the New York-based electronic options exchange reported an increase in earnings. The company said fourth-quarter earnings rose to $10 million, or 26 cents a share, from $6.1 million and 18 cents a share a year ago.
The company earned 27 cents a share, excluding charges. Analysts were expecting a profit of 26 cents a share. Sales increased to $40.1 million from $34.8 million. Shares of International Securities Exchange gained 54 cents, or 1.5%, to $37.09.
( BOT) advanced after the company, the parent of the Chicago Board of Trade, and the Singapore Exchange named a board of directors for their joint venture. Chong Kim Seng was appointed managing director. CBOT Holdings gained $3.80, or 3.8%, to $103.70.