Fifth Third Advances as Share Sale Fuels TARP Payback

Jun 4th, 2009 - Bloomberg

Related content:

June 4 (Bloomberg) -- Fifth Third Bancorp, the largestlender based in Ohio, rose as much as 12 percent after saying itmore than filled the $1.1 billion capital gap found by stresstests, and will concentrate on repaying the U.S. bailout fund.

Fifth Third rose 51 cents, or 7.8 percent, to $7.03 at 1:13p.m. in New York Stock Exchange composite trading and sold foras much as $7.27 after completing a $1 billion share sale. Theamount was increased from $750 million,

Read the whole story on Bloomberg or try our Toolbar
Bookmark and Share
blog comments powered by Disqus

Related stories:

  • Like magic, Lakers' dream matchup disappeared

    Jun 4th, 2009 - Boston

    LOS ANGELES - Sasha Vujacic is comfortable wearing green again with his Lakers back in the NBA Finals. The reserve guard was so upset last season when the Celtics beat his team in the Finals that he vowed not to wear green...

  • Walgreen, GlaxoSmithKline, Barclays are big movers

    Jun 2nd, 2009 - Boston

    NEW YORK—Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market: Walgreen Co., up 48 cents at $31.62 The drugstore operator said its same-store sales rose 1 percent in May...

  • Cisco, Travelers To Join DJIA As GM, Citi Exit

    Jun 1st, 2009 - CNNMoney

    (Updated throughout with reaction of market participants to the changes, moredetails on the decision and latest stock prices.) Of DOW JONES NEWSWIRES NEW YORK -(Dow Jones)- Stock market participants applauded news Monday thatCisco Systems Inc...

  • Taliban claims responsibility for Lahore suicide attack

    May 28th, 2009 - CNN

    The scene of an apparent suicide car bomb attack on a police building in Lahore on May 27. Taliban Commander Hakimullah Mehsud said the Wednesday morning attack in Lahore...

More stories ...

Related videos from YouTube:

More videos ...

Google Search: