Fifth Third Bancorp (FITB): Fifth Third tops regional rally,but fin...

Reply Private New

Next 10 Prev Next

Send PM Follow Ignore

Followers	40
Posts	7682
Boards Moderated	1
Alias Born	01/04/2006

mlkrborn

Re: None

Thursday, 10/20/2011 10:07:38 AM

Thursday, October 20, 2011 10:07:38 AM

Fifth Third tops regional rally,but financials off
Oct. 20, 2011, 9:40 a.m. EDT

FITB XLF SPX AXP BAC

NEW YORK (MarketWatch) -- Shares of Ohio-based regional bank Fifth Third Bancorp /quotes/zigman/71890/quotes/nls/fitb FITB +6.66% were the top gainer in the S&P P 500 index and the financial sector on Thursday after the company said its profit grew in the third quarter and that it has no exposure to the European debt crisis. Fifth Third shares rose more than 7%. In the broader sector, the Financial Select Sector SPDR ETF /quotes/zigman/246222/quotes/nls/xlf XLF -0.40% , which tracks the financial stocks in the S&P 500 Index /quotes/zigman/3870025 SPX +0.08% , fell 0.4%. Among the Dow financials, American Express Co. /quotes/zigman/217470/quotes/nls/axp AXP -1.71% , Bank of America Corp. /quotes/zigman/190927/quotes/nls/bac BAC -1.86% J.P. Morgan Chase & Co. /quotes/zigman/272085/quotes/nls/jpm JPM -0.87% and Travelers Cos. Inc. /quotes/zigman/455344/quotes/nls/trv TRV -1.32% all fell.