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New York (


) -- Financial stocks struggled to stay in the black on Monday as small cap and regional banks reported earnings.


Financial Select Sector SPDR


was up two cents at $16.48.

The big winner of the day was

Berkshire Hathaway


. Shares in the company were up $2.48 to $82.93 on news that the insurer may soon begin

paying a dividend.

Bank of Hawaii


shares were up $1.11 to $48.73 after it reported

a fourth-quarter net income

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of $40.6 million, or 84 cents a share, beating the consensus estimate of 69 cents a share among analysts polled by Thomson Reuters.



stock was flat at $4.89 on news that the U.S. Treasury Department is taking its final step away from a $45 billion investment in the bank. The

government is set to sell

a bundle of warrants to purchase common stock.

The big loser of the day was

JPMorgan & Chase


. The bank's shares were down 16 cents at $45.15 after

the U.S. Supreme Court decided

on Monday that the bank followed the law in its practice of retroactively raising interest rates on consumers before the

Federal Reserve

implemented a new law banning the practice.

--Written by Maria Woehr in New York.

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