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iShares U.S. Financial Services ETF Experiences Big Inflow
Tuesday, September 13, 11:52 AM ET, by Market News Video Staff

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

Comerica (CMA) Shares Cross 2% Yield Mark
Tuesday, September 13, 3:09 PM ET, by Market News Video Staff

In trading on Tuesday, shares of Comerica, Inc. (CMA) were yielding above the 2% mark ...

Citigroup Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series J Goes Ex-Dividend Soon
Wednesday, September 14, 2:13 PM ET, by Market News Video Staff

On 9/16/16, Citigroup Inc's 7.125% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series J (C.PRJ) will ...

Noteworthy ETF Inflows: IWD, JPM, PFE, MRK
Thursday, September 15, 10:51 AM ET, by Market News Video Staff

Symbols mentioned in this story: IWD, JPM, PFE, MRK Exchange traded funds (ETFs) trade just ...

Notable ETF Outflow Detected - PWV, C, MET, STI
Friday, September 16, 10:52 AM ET, by Market News Video Staff

Symbols mentioned in this story: PWV, C, MET, STI Exchange traded funds (ETFs) trade just ...

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Banks Earn $21.6 Billion in 2Q

By Market News Video Staff, Tuesday, August 31, 12:00 PM ET
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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 (AMEX:KBE) is higher by 1.2% on Tuesday, while the iShares Dow Jones US Regional Bank Index Fund (AMEX: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).


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