) -- Financial stocks declined after the
Irish government took control
Allied Irish Bank
conflicting signals of the U.S. economic recovery.
Financial Select Sector SPDR
was down 9 cents at $15.90 at midday.
First Horizon National Corp.
(FHN - Get Report)
was the big winner, up 4 cents at $11.79 on news that the bank had repaid Troubled Asset Relief Program.
The shares of the five other banks
that recently announced they would repay TARP were mixed.
(HBAN - Get Report)
stock was down five cents at $6.79.
(SUSQ - Get Report)
stock was down 14 cents at $9.97.
(WTFC - Get Report)
shares were up 10 cents at $33.69.
Heritage Financial Corporation
(HFWA - Get Report)
shares were up a penny at $13.69.
The Bank of Kentucky Financial Corp
(BKYF - Get Report)
shares slid 8 cents to $19.92.
Meanwhile, shares of
Hancock Holding Co.
(HBHC - Get Report)
slipped 72 cents on concerns that the bank way
paying too much in to acquire
in a $8.2 billion deal.
American International Group Inc.
(AIG - Get Report)
were down 38 cents at $55.38. The insurer is defending itself against a $1 billion workers' compensation lawsuit filed by
Liberty Mutual Holding Co.
and other rival insurers, according to
--Written by Maria Woehr in New York.
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