Closing Glance: Shares of commercial banks mixed

By Associated Press May 12, 2008 Comments (0)

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Commercial bank stocks were mixed Monday as oil prices dropped after touching a new high, and the dollar advance, quelling inflation concerns.

Meanwhile, bond insurer MBIA Inc. swung to a $2.41 billion first-quarter loss, due in part to credit deterioration.

How some shares of commercial banks traded:

National City Corp., down 5 cents to $5.95.

Wachovia Corp., up 59 cents to $28.22.

First Horizon National Corp., up 2 cents to $10.29.

Zions Bancorp., up 88 cents to $45.75.

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