Fifth Third Bancorp

Fifth Third Bank announced Wednesday that it's moving its regional headquarters to uptown Charlotte. The bank is leaving its university-area building so that Electrolux, a manufacturing company, can move in. Fifth Third Bank's new regional headquarters will be located at 201 N. Tryon St. CEO Bob James discussed the move to uptown in December after Electrolux announced it was moving its headquarters to Charlotte.  

 

Headlines from Barclays ( BCS ) may be giving a slight boost to sentiment this morning. In a story by the Wall Street Journal , the British bank is said to be on the prowl for another major acquisition in the US even after buying up Lehman Brothers Holding's North American operations at the height of the financial crisis. No deal is imminent yet and the bank is simply searching for targets.  

 

CINCINNATI , March 9 /PRNewswire-FirstCall/ -- Fifth Third Bancorp (Nasdaq: FITB) will present at the Citi 2010 Financial Services Conference on Thursday, March 11, 2010 at approximately 8:45 AM (ET) . Kevin T. Kabat , chairman, president and chief executive officer will represent Fifth Third. Slides with audio webcast may be viewed live and for approximately 14 days after the conference through the Investor Relations section of www.53.com .  

(Blade (Toledo, OH) Via Acquire Media NewsEdge) Mar. 9--In football, a good offensive line can make the difference between gaining ground and losing it. And in the 2010 Blade School Stock Contest, having four stocks all moving in the same direction certainly seems to help teams stay among the leaders. One month into the 12-week contest, the three leading teams stayed the same last week, although the second and third place teams switched positions.  

 

AK Steel Holding Corporation, American International Group, Inc., Bank Of New York Mellon Corporation (The), Goldman Sachs Group, Inc. (The), MetLife, Inc., PNC Bank Corp., Toyota Motor Corporation, USX Corporation, Dendreon Corporation, Fifth Third Bancorp, Research In Motion Limited, Yahoo! Inc.  

American International Group ( AIG ) was among the top performers of the financial sector Monday after the insurer reached a $15.5 billion deal to sell its foreign life insurance unit. AIG said the cash portion of the proceeds from this sale will be used to reduce the preferred shares in Alico held by the Federal Reserve Bank of New York. MetLife said it expects the transaction to boost its 2011 operating earnings by 45 cents to 55 cents a share, and enable it to increase its estimated 2011 year-end op