Financial shares were mainly higher in pre-market trade Friday following the report that the U.S. trade gap climbed to $45.2 billion from a revised $42.4 billion in October, and versus the forecast of $45.9 billion deficit.
In financial stocks news, The Carlyle Group (CG) is exploring a sale of nutritional-supplements maker Nature’s Bounty, Bloomberg reported, citing unnamed people familiar with the matter. Carlyle has held talks with potential advisers about selling the company, which could bring in as much as $6 billion in a sale, the report said. Nature’s Bounty generated about $3 billion in revenue last year.
And, Morgan Stanley (MS) was up 0.4% after it said it is cutting the bonus pool for the equities division by as much as 4%, Bloomberg reported, citing unnamed people with knowledge of the matter.