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Updated from 2:11 p.m. EDT
Friday's depressed market yanked the financial sector lower even as a few names jumped on positive earnings.
One of the hottest financial stocks was Oak Hill Financial (OAKF Quote), a small Ohio bank that agreed to sell itself to WesBanco (WSBC Quote) for about $201 million, or $38 a share, mostly in stock. The deal will likely close late in the fourth quarter. Oak Hill shares rocketed more than 41.9% to $33.05.
WesBanco, which doesn't expect earnings accretion from the merger until 2009, was off 8% at $26.72. ...
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