NEW YORK(

TheStreet

) -- Financial stocks declined after the

Irish government took control

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

paying too much in to acquire

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

Bloomberg.

--Written by Maria Woehr in New York.

To contact the writer of this article, click here:

Maria Woehr

.

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