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Fifth Third Bancorp to Present at the Bank of America Merrill Lynch Banking & Financial Services Conference.
Fifth Third Bancorp says its losses widened in the third quarter, as the regional bank faced rising real estate and construction loan losses and high credit costs in the recession. The Cincinnati company reported Thursday a loss of 20 cents per share,...
NEW YORK, October 8 (newratings.com) - Analysts at UBS initiate coverage of Fifth Third (ticker: FITB) with a "sell" rating. The target price is set to $8. [more]
http://www.newratings.com/en/main/company_headline.m?id=1973865
CINCINNATI, Sept. 15 /PRNewswire-FirstCall/ -- Fifth Third Bancorp today declared its third quarter 2009 cash dividends on its common shares, Series G preferred shares and Series F preferred shares.
http://news.prnewswire.com/ViewContent.aspx?ACCT=109&STORY=/www/story/09-15-2009/0005094665&EDATE=
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CINCINNATI, Nov 04, 2009 /PRNewswire-FirstCall via COMTEX/ --
Fifth Third Bancorp (Nasdaq: FITB) will present at the Bank of America Merrill Lynch Banking & Financial Services Conference in New York City on Tuesday, November 10, 2009 at approximately 11:20 AM EST.
Kevin T. Kabat, chairman, president and chief executive officer will represent Fifth Third. Slides with audio webcast may be accessed live and for approximately 14 days after the conference through the Investor Relations section of www.53.com. Additionally, slides used in the presentation will be made separately available in a printer-friendly format on the Company's website.
Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio. The Company has $111 billion in assets, operates 16 affiliates with 1,309 full-service Banking Centers, including 100 Bank Mart(R) locations open seven days a week inside select grocery stores and 2,356 ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Pennsylvania, Missouri, Georgia and North Carolina. Fifth Third operates four main businesses: Commercial Banking, Branch Banking, Consumer Lending, and Investment Advisors. Fifth Third also has a 49% interest in Fifth Third Processing Solutions, LLC. Fifth Third is among the largest money managers in the Midwest and, as of September 30, 2009, has $184 billion in assets under care, of which it managed $25 billion for individuals, corporations and not-for-profit organizations. Investor information and press releases can be viewed at www.53.com. Fifth Third's common stock is traded on the NASDAQ(R) National Global Select Market under the symbol "FITB."
SOURCE Fifth Third Bancorp
http://www.53.com
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Companies: Fifth Third Bancorp (FITB)
Oct 29, 2009 (SmarTrend(R) Spotlight via COMTEX) --
Fifth Third Bancorp (NASDAQ:FITB) upgraded to Outperform from Neutral, $11 target, at RW Baird. The stock closed yesterday at $8.84 on volume of 19,793,400 shares, below average daily volume of 24,692,484.
Fifth Third Bancorp is currently above its 200-day moving average of $6.42 and should find resistance at its 50-day moving average of $10.16.
SmarTrend is bullish on shares of FITB and our subscribers received an Uptrend alert on March 16, 2009 at $1.94, which has returned 356.8% to date.
Write to Chip Brian at cbrian@tradethetrend.com
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Tags: market nasdaq securities
Companies: Fifth Third Bancorp (FITB)
Oct 26, 2009 (Fresh Brewed Media via COMTEX) --
Fifth Third Bancorp (FITB) was downgraded today by analysts at Rochdale Securities and the stock is now at $9.71, down $0.64 (-6.14%) on volume of 18,629,544 shares traded. The analysts reduced FITB to Sell from Neutral. Over the last 52 weeks the stock has ranged from a low of $1.01 to a high of $12.95. Fifth Third Bancorp stock has been showing support around $9.85 and resistance in the $11.15 range. Technical indicators for the stock are neutral and S&P gives FITB a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on FITB the stock seems like it could be a candidate for a December out-of-the-money bear-call credit spread above the 11 range.
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Tags: S&P securities
Companies: Fifth Third Bancorp (FITB)
Oct 26, 2009 (SmarTrend(R) Spotlight via COMTEX) --
Fifth Third Bancorp (NASDAQ:FITB) downgraded to Sell from Neutral at Rochdale. The stock closed Friday at $10.34 on volume of 19,863,184 shares, below average daily volume of 25,840,096.
Fifth Third Bancorp is currently above its 50-day moving average of $10.19 and above its 200-day moving average of $6.40.
SmarTrend is bullish on shares of FITB and our subscribers received an Uptrend alert on March 16, 2009 at $1.94, which has returned 434.4% to date.
Write to Chip Brian at cbrian@tradethetrend.com
---------------------------------------------------------------------------------------------
SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.TradeTheTrend.com.
Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.TradeTheTrend.com/signup.html
Tags: market nasdaq securities
Companies: Fifth Third Bancorp (FITB)
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Convergys Corporation (NYSE:CVG), a global leader in customer care, human resources, and billing services, announced today it will continue to provide human resources and payroll administration services to Fifth Third Bancorp(NASDAQ:FITB) under a five-year contract renewal.
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