AMEX Financial Sector Price Jumps

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Neuberger Berman Real Estate Sec Inc Fd (AMEX:NRO)

About Neuberger Berman Real Estate Sec Inc Fd Neuberger Berman Real Estate Securities Income Fund Inc. (the Fund) is a non-diversified, closed-end management investment company. The Fund’s primary investment objective is to provide high current income. It invests primarily in securities issued by real estate companies, including real estate investment trusts (REITs). The Fund invests approximately 70% to 80% of total assets in common equity securities, and 20% to 30% in preferred securities.


Statistics Symbol

NRO

Beta

221

Current Price

$3.92

Market Capitalization:

242.31M

52 week range

$2.84 - $4.05

Shares Outstanding

65.07M

Avg Volume

189,119.00

Float:

64.04M

Financials Neuberger Berman Real Estate Sec Inc Fd (AMEX:NRO) earned the total revenue of $18.82 million as per its last financial statements ending April 30 th, 2010 for the 12 months. The revenue per share arrived at $0.29 for the respective year. The company reported the net profit of $155.95 million which was mainly contributed through other sources of revenue. This resulted in earnings of $2.40 per share for the year. The fund maintains the current ratio of 17.07 times depicting that current assets cover the current liabilities by 17.07 times. The company’s total debt accumulate up to $38.27 million as per its most recent quarter ended April 30th, 2010.


Cornerstone Progressive Return Fund (AMEX:CFP)

About Cornerstone Progressive Return Fund Cornerstone Progressive Return Fund (the Fund) is a closed-end, diversified investment company. The Fund’s investment objective is to provide long-term total return. The Fund’s portfolio includes equity securities and short-term investments. The Fund invests in sectors, such as closed-end funds, information technology, financials, healthcare, consumer staples, energy, industrials, consumer discretionary, telecommunication services and materials. The Fund is managed by Cornerstone Advisors, Inc. The Fund’s administrator is Ultimus Fund Solutions, LLC.


Statistics Symbol

CFP

EPS:

$1.24

Current Price

$7.47

Market Capitalization:

69.93M

52 week range

$5.71 - $9.21

Beta

0.45

Avg Volume

85,967.00

P/E

6.00

Financials Cornerstone Progressive Return Fund (AMEX:CFP) has not realized any revenues yet as the company is in its development stage. As per its last bi-annually financial results ending on June 30 th, 2010 the company reported the net loss of $1.33 million resulting in loss of $0.14 per share for the six months. The company’s total assets accumulate up to $48.97 million with highest proportion of fixed assets as its long term investments stand at $48.95 million. The company maintains a strong capital structure with total liabilities of $0.11 million as compared to total equity of $48.87 million.


Ladenburg Thalmann Financial Services (AMEX:LTS)

About Ladenburg Thalmann Financial Services Ladenburg Thalmann Financial Services Inc. is engaged in investment banking, equity research, institutional sales and trading, independent brokerage and advisory services and asset management services through its principal subsidiaries, Ladenburg Thalmann & Co. Inc. (Ladenburg), Investacorp Inc., Triad Advisors, Inc. (Triad) and Ladenburg Thalmann Asset Management Inc. (LTAM). It provides services for middle market and emerging growth companies and individuals through a coordinated effort among corporate finance, capital markets, asset management, brokerage and trading professionals. The Company has two operating segments: Ladenburg segment, which includes the investment banking, sales and trading and asset management services and investment activities conducted by Ladenburg and LTAM, and independent brokerage and advisory services segment, which includes the broker-dealer and investment advisory services provided by Investacorp and Triad to independent contractor financial advisors.


Statistics Symbol

LTS

Beta:

1.69

Current Price

$1.25

Market Capitalization:

227.95M

52 week range

$0.60 - $1.74

Shares Outstanding

182.36M

Avg Volume

221,389.00

Float:

96.92M

Financials As per its last financial statements ending September 30 th, 2010 Ladenburg Thalmann Financial Services (AMEX:LTS) generated the total revenue of $44.12 million for the quarter. The company reported the net loss of $3.21 million or loss of $0.02 per share for the respective quarter. The total assets accumulate up to $95.99 million with highest proportion of fixed assets in its composition. The company’s total liabilities stand at $50.11 million as compared to total equity of $45.88 million as on September 30th, 2010.


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