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Monday, March 16, 2009

Bank Stocks 3/16/09 March 16, 2009 - BCS

Today, 3/16/09, the bank stocks are higher again after positive news out of Barclays ( BCS )

Banking Stock Update - March 16, 2009 - Pre Market Trading

Barclays ( BCS ) - $5.04 Up 14% - Barclays has strong start to '09, may sell iShares. Barclays says it made a 'strong start' to year, confirms talks to sell asset iShares unit

Citigroup ( C ) - $1.93 Up 8.43% - Stocks Under $10: Avoid Citigroup

Bank of America ( BAC ) - $6.26 Up 8.68% - Bernanke says recession could end in 2009 - Bernanke: Recession 'probably' will end this year if government stabilizes banking system

American International Group ( AIG ) - $0.57 up 14.00% - AIG handed over $100 billion to major banks, states - Cash was used to cover collateral payments, wind-down derivative contracts.

Financial Bull 3X ( FAS ) - $5.57 Up 8.16%
Financial Bear 3X ( FAZ ) - $38.05 Down 5.35%

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