|Day Low/High||15.36 / 15.60|
|52 Wk Low/High||12.30 / 16.85|
The banking index includes the four 'too big to fail' money center banks and all 24 components are rated hold.
First Horizon National (NYSE:FHN) hit a new 52-week high Wednesday as it is currently trading at $11.84, above its previous 52-week high of $11.80 with 2.3 million shares traded as of 1:01 p.m. ET. Average volume has been 3.7 million shares over the past 30 days.
Large-cap banks finished mixed as the Fed announced its final capital rules under Basel III.
Catch up on Jim Cramer's thinking over the past week, including the new theme and the not-so-dumb market.
B&G continues to be a winner while regional banks like BB&T deserve your love, Cramer said.
There are sectors that do well when interest rates are rising, and those stocks can help your portfolio if you let them.
OMI FHN EAT FIS KO are going ex-dividend tomorrow, June 12, 2013
Cramer can't understand why Altria stock isn't higher after the company raised prices, and says to hang up on VeriFone.
Jim Cramer and Stephanie Link, co-portfolio managers of Action Alerts Plus, say if you believe the yield curve will get steeper, buy the banks.
This was a good week, and the markets may still have the wind at its back starting on Saturday when Berkshire holds its annual meeting, Cramer said.
The ex-dividend date for First Horizon National (NYSE:FHN) is tomorrow, March 13, 2013. Owners of shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $11.18 as of 3:21 p.m., the dividend yield is 1.8%.
JE SLGN FHN PTEN M are going ex-dividend tomorrow, March 13, 2013
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