First Horizon: Financial Winners & Losers
NEW YORK(
) -- Financial stocks declined after the
of
Allied Irish Bank
(AIB)
and on
conflicting signals of the U.S. economic recovery.
The
Financial Select Sector SPDR
(XLF) - Get Report
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.
Huntington Bancshares
(HBAN) - Get Report
stock was down five cents at $6.79.
Susquehanna Bancshares'
(SUSQ)
stock was down 14 cents at $9.97.
Wintrust Financial
(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
's
(BKYF)
shares slid 8 cents to $19.92.
Meanwhile, shares of
Hancock Holding Co.
(HBHC)
slipped 72 cents on concerns that the bank way
Whitney Holding
( WTNY) in a $8.2 billion deal.
Shares of
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.
To contact the writer of this article, click here:
Maria Woehr
.
To follow the writer on Twitter, go to
.
To submit a news tip, send an email to:
.