Bank stocks slip as offers dilute some firms a bit
Posted on Tuesday, June 2nd, 2009 | In Exchange Traded Funds, Market Commentary
Contributed by: ETF Daily News (http://www.etfdailynews.com) -
The KBW Bank ETF (KBE), which tracks the industry sector, fell 0.4%. Banks are rushing to raise capital without government assistance, because that is one of the preconditions for repayment of previous government investment that the Fed laid out late Monday.
Full Story: http://www.marketwatch.com/story/bank-stocks-slip-as-offers-dilute-some-firms-a-bit
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