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FXCM Rises In Trading

FXCM Rises In Trading - Shares of the following companies had unusual moves in U.S. trading. Stock symbols are in parentheses and prices are as of 4 p.m. in New York.

Financial shares rallied after Goldman Sachs Group Inc. said banks will outperform the market next year because of “stronger economic growth, an improved equity investing environment, and a more supportive interest rate environment.”

Marshall & Ilsley Corp. (MI US) rallied 12 percent to $5.48 for the biggest gain in the Standard & Poor’s 500 Index. Regions Financial Corp. (RF US) climbed 6.9 percent to $6.06. Fifth Third Bancorp (FITB US) added 6.4 percent to $13.05. SunTrust Banks Inc. (STI US) rose 5.8 percent to $25.38.

Bank of America Corp. (BAC US) rose 3.5 percent to $11.68. JPMorgan Chase & Co. (JPM US) added 3 percent to $39.31.

Homebuilders advanced after more Americans signed contracts to buy previously owned homes in October, sending the index of pending home resales to a record 10 percent increase. Pulte Group Inc. (PHM US) gained 3.2 percent to $6.75. Lennar Corp. (LEN US) jumped 7.2 percent to $16.88. KB Home (KBH US) climbed 4.5 percent to $12.41.

Abercrombie & Fitch Co. (ANF US) had the second-biggest advance in the S&P 500, climbing 11 percent to $56.02. The teen- clothing retailer said its sales at stores open at least one year surged 22 percent. Analysts, on average, expected a 6.4 percent increase, according to Retail Metrics Inc.

FXCM Rises In Trading


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