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TUESDAY, NOVEMBER 24, 2009
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NEWS ABOUT: Fifth Third

Fifth Third stories: 3 news summaries
MARKETS

 Dow Drops to 6-Year Low 

Fifth Third Bancorp reports losses

Feb 19, 09 3:22 PM CST
(Newser) - Stocks fell again today, with the Dow sinking to its lowest point in six years, MarketWatch reports. The usual financials led declines, with poor results from Fifth Third Bancorp souring sentiment. The Dow fell 89.68 points to close at 7,465.95. The Nasdaq lost 25.15 points, closing... More »

MORE ABOUT:
Dow Jones • Nasdaq • financial sector • S&P 500 • Fifth Third • Hewlett-Packard

MARKETS

 Oil, Earnings Woes Key Retreat 

Familiar factors push markets down

Jun 18, 08 3:34 PM CDT
(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... More »

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

National City Close to $6B
Cash Infusion

US's 10th-largest bank has been decimated by the mortgage crisis

Apr 21, 08 7:06 AM CDT
(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... More »

MORE ABOUT:
corporate earnings • National City • subprime crisis • JPMorgan Chase • credit market chaos • Fifth Third • financial crisis

3 Stories


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