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- U.S. companies largely blew away Q3 earnings estimates, but not regional banks. More than half missed the mark as asset quality continued to deteriorate, and they don't have the huge trading desks that have helped offset losses at their bigger rivals. streetTRACKS KBW Regional Banking ETF (KRE) +1.7% to $20.25.
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This news story has 3 comments:
We are in a goodbye frenzy.
What can you do but take part and enjoy it. Just remember to pull out at the right time.
On Nov 09 11:20 AM MarketGuy wrote:
> and yet the banking indexes soar...more irrational exuberance