International Business News - NCC http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Commercial bank stocks jumped Monday as Federal Reserve Chairman Ben Bernanke said the central bank might extend its lending efforts to investment banks, and oil prices fell more than $5 per barrel. http://www.ibtimes.com/articles/20080708/closing-glance-shares-of-commercial-banks-jump.htm Tue, 08 Jul 2008 16:35:23 EDT Commercial bank stocks were mixed Tuesday morning as Wall Street digested comments from Federal Reserve Chairman Ben Bernanke that the central bank might extend its lending efforts to investment banks. http://www.ibtimes.com/articles/20080708/opening-glance-shares-of-commercial-banks-mixed.htm Tue, 08 Jul 2008 10:11:29 EDT Commercial bank stocks fell Monday after the head of the San Francisco Federal Reserve gave a wary economic outlook, according to media reports, and Wall Street worried about the financial health of government-backed mortgage companies Fannie Mae and Freddie Mac. http://www.ibtimes.com/articles/20080707/closing-glance-shares-of-commercial-banks-fall.htm Mon, 07 Jul 2008 16:20:06 EDT Commercial bank stocks were mixed Monday morning as crude oil prices fell below $141 per barrel and investors awaited second-quarter corporate earnings. http://www.ibtimes.com/articles/20080707/opening-glance-shares-of-commercial-banks-mixed.htm Mon, 07 Jul 2008 10:24:03 EDT Commercial bank stocks mostly dropped Thursday morning as Wall Street reviewed a weaker-than-expected reading of the service sector and crude oil prices continued to rally. http://www.ibtimes.com/articles/20080703/opening-glance-shares-of-commercial-banks-slide.htm Thu, 03 Jul 2008 10:30:27 EDT Commercial bank stocks mostly fell Wednesday after oil prices hit a new record near $144 a barrel, and the Mortgage Bankers Association said mortgage application volume rose 3.6 percent from its 2008 low. http://www.ibtimes.com/articles/20080702/closing-glance-commercial-banks-mostly-fall.htm Wed, 02 Jul 2008 16:06:02 EDT For regional banks in today's marketplace, perception of capital and credit problems are the overwhelming driver of stock prices, analysts say. "Credit and capital are all that matters," said Jefferson Harralson, a managing director and bank analyst at Keefe, Bruyette & Woods Inc. "Banks deemed to have enough capital are doing OK." http://www.ibtimes.com/articles/20080702/market-spotlight-regional-banks.htm Wed, 02 Jul 2008 12:23:21 EDT Commercial bank stocks rose Wednesday morning after the Mortgage Bankers Association said mortgage application volume rose 3.6 percent from its 2008 low, and refinance volume increased 4.7 percent for the week ended June 27. http://www.ibtimes.com/articles/20080702/opening-glance-shares-of-commercial-banks-rise.htm Wed, 02 Jul 2008 10:32:31 EDT Commercial bank stocks mostly jumped Tuesday after CIT Group Inc. said it would sell its home-lending business to Lone Star Funds for $1.5 billion cash and $4.4 billion in assumed debt. http://www.ibtimes.com/articles/20080701/closing-glance-shares-of-commercial-banks-jump.htm Tue, 01 Jul 2008 16:10:37 EDT Regional bank National City Corp. said Tuesday its board declared a regular quarterly dividend of 1 cent per share for the quarter ending June 30. The dividend is payable Aug. 1 to shareholders of record July 11. http://www.ibtimes.com/articles/20080701/national-city-declares-dividend-of-1-cent.htm Tue, 01 Jul 2008 11:10:37 EDT Commercial bank stocks mostly rose Tuesday morning after CIT Group Inc. said it would sell its home-lending business to Lone Star Funds for $1.5 billion in cash and $4.4 billion in assumed debt. http://www.ibtimes.com/articles/20080701/opening-glance-shares-of-commercial-banks-rise.htm Tue, 01 Jul 2008 10:19:42 EDT Uncertainty about the scope and timing of credit losses at banks has led to widely divergent analyst earnings estimates, and recovery in the sector might not occur until 2010, analysts said Monday. http://www.ibtimes.com/articles/20080630/analyst-earnings-estimates-for-banks-widen.htm Mon, 30 Jun 2008 15:39:43 EDT Commercial bank stocks mostly fell Monday morning as crude oil prices touched a high above $143 a barrel on the New York Mercantile Exchange and the broader market traded in a narrow range. http://www.ibtimes.com/articles/20080630/opening-glance-shares-of-commercial-banks-dip.htm Mon, 30 Jun 2008 12:10:05 EDT Commercial bank stocks mostly fell Friday as investors digested data showing a jump in spending last month, the day after the broader markets fell sharply. http://www.ibtimes.com/articles/20080627/closing-glance-shares-of-commercial-banks-dip.htm Fri, 27 Jun 2008 16:06:49 EDT Commercial bank stocks were mixed Friday morning as the broader market wobbled following release of data showing a jump in consumer spending last month and a continued rise in oil prices, the day after a wide selloff. http://www.ibtimes.com/articles/20080627/opening-glance-shares-of-commercial-banks-mixed.htm Fri, 27 Jun 2008 10:41:52 EDT Commercial bank stocks dropped Thursday as Wall Street plunged on concerns about problems in key parts of the economy, including the automotive, financial and high-tech sectors, while crude oil price again soared. http://www.ibtimes.com/articles/20080626/closing-glance-shares-of-commercial-banks-drop.htm Thu, 26 Jun 2008 16:06:51 EDT Continued concern about deterioration in the credit markets has shares of financial-services firms tumbling Thursday, with most slipping more than broader market indexes. http://www.ibtimes.com/articles/20080626/sector-snap-financial-services-shares-fall.htm Thu, 26 Jun 2008 13:54:57 EDT Commercial bank stocks slipped Thursday morning after Goldman Sachs downgraded the brokerage sector and as oil prices jumped on the New York Mercantile Exchange. http://www.ibtimes.com/articles/20080626/opening-glance-shares-of-commercial-banks-slip.htm Thu, 26 Jun 2008 10:20:02 EDT National City Corp. said Wednesday it named former Citigroup Inc. executive Richard L. Michel as vice chairman and head of the regional bank's commercial banking business. http://www.ibtimes.com/articles/20080625/national-city-names-head-of-commercial-bank.htm Wed, 25 Jun 2008 12:28:41 EDT Commercial bank stocks rallied Wednesday morning as investors awaited the Federal Reserve's next move as it begins a two-day meeting. Meanwhile, Citi Investment Research initiated coverage of Zions Bancorp with a "Buy" rating. Zions' shares rose $3.16, or 10.2 percent, to $34.15. http://www.ibtimes.com/articles/20080625/opening-glance-shares-of-commercial-banks-rally.htm Wed, 25 Jun 2008 10:27:41 EDT