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October 8, 2008 2:51:15 AM CDT

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Stories related to: Fifth Third

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  • June 2008

    • Oil, Earnings Woes Key Retreat

      MarketWatch  |  Jun 18, 08 3:34 PM CDT

      Oil, Earnings Woes Key Retreat

      (Newser) - The markets retreated today, battered by the familiar convergence of high oil prices and poor business performance, MarketWatch reports. Amid signs of broader malaise, financials dropped, and crude again topped $135 per barrel. The Dow fell 131.24 to close at 12,029.06. The Nasdaq lost 28.02 to 2,429.71, and the S&P 500 lost 13.12, settling at 1,337.81. More »

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      Dow Jones  • S&P 500  • Nasdaq  • Lehman Brothers  • Morgan Stanley  • energy prices  • FedEx  • Fifth Third

  • April 2008

    • National City Close to $6B Cash Infusion

      Wall Street Journal  |  Apr 21, 08 7:06 AM CDT

      National City Close to $6B Cash Infusion

      (Newser) - Battered National City—which has seen shares plummet 78% as it's been overwhelmed by the subprime fiasco—is close to a $6 billion bailout funded by some of its largest shareholders and private equity firm Corsair Capital, reports the Wall Street Journal . The infusion for the Cleveland-based bank would be the third rescue package this month for a struggling bank that offers discounted shares to raise capital. More »

      Tags

      subprime crisis  • JPMorgan Chase  • corporate earnings  • credit market chaos  • National City  • Fifth Third

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