MNV
Market News Video
MNV MNV The 10 Most Popular Large-Caps in ETFs
MNV
MNV
MNV
MNV
MNV
MNV
MNV
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

JPMorgan Chase Becomes Oversold
Tuesday, May 29, 4:17 PM ET, by Market News Video Staff

The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, ...

Surprising Analyst 12-Month Target For KBE
Wednesday, May 30, 8:19 AM ET, by Market News Video Staff

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...

This ETF Holds Stocks Insiders Want to Own
Wednesday, May 30, 9:39 AM ET, by Market News Video Staff

A look at the weighted underlying holdings of the iShares U.S. Dividend and Buyback ETF ...

C July 13th Options Begin Trading
Thursday, May 31, 10:45 AM ET, by Market News Video Staff

Investors in Citigroup Inc (C) saw new options become available today, for the July 13th ...

IYF, USB, MS, CME: Large Outflows Detected at ETF
Thursday, May 31, 10:55 AM ET, by Market News Video Staff

Symbols mentioned in this story: IYF, USB, MS, CME Exchange traded funds (ETFs) trade just ...

Banks Earn $21.6 Billion in 2Q

By Market News Video Staff, Tuesday, August 31, 12:00 PM ET
Play Video: The Importance of ETFs


If the video does not load after a few moments, Upgrade to the Latest Flash Player.

According to the FDIC, the banking industry earned $21.6 billion in the second quarter of 2010, a vast improvement from the $4.4 billion loss in the same quarter of 2009 and the highest level since 2007. However, with the good news comes the bad. The FDIC said there are now 829 troubled banks on the confidential watch list, an increase of 54 banks since the first quarter of 2010. Also troubling is the 1.4% drop in lending activity quarter over quarter, a sign that banks are still unwilling to lend money in this economy.

Despite the discouraging lending news, bank stocks and bank ETFs are rallying today. The SPDR KBW Bank ETF (NYSE:KBE) is higher by 1.2% on Tuesday, while the iShares Dow Jones US Regional Bank Index Fund (NYSE:IAT) is higher by 1.3%. Components of these ETFs faring well today include Citigroup (NYSE:C), US Bancorp (NYSE:USB) and JP Morgan (NYSE:JPM).


This Article's Word Cloud:   According   Also   Bancorp   Bank   Citigroup   Components   Despite   ETFs   FDIC   Fund   However   Index   Jones   Morgan   NYSE   Regional   SPDR   Tuesday   activity   bank   banking   banks   billion   comes   confidential   discouraging   drop   earned   economy   faring   first   from   good   higher   highest   iShares   improvement   include   increase   industry   lend   lending   level   list   loss   money   news   quarter   since   today
MNV
MNV
About Us - Advertise - Contact Us - Embedding Videos - Licensing Videos - Partners - mRSS / RSS Feed - Terms of Use - Privacy Policy
MNV
Home  |  Analyst News  Dividend Report  ETFs  Insider Report  Large Caps  Market Movers  Week Ahead Report  Weekly Market Wrap
MNV
MNV MNV Portfolio Channel Stock Market Definitions
MNV

Banks Earn $21.6 Billion in 2Q | Market News Video | Copyright © 2008 - 2018, All Rights Reserved

Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners. In no way should any content contained herein be interpreted to represent trading or investment advice. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.