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Moody’s Warning Fails to Impact Banking Stocks

NEW YORK, NY, Feb 20, 2012 (MARKETWIRE around COMTEX) –
Banking bonds worldwide continue to outperform a marketplace this
year notwithstanding a new warning from Moody’s that 114 vital banks are
under examination for a probable downgrade. The Financial Select Sector
SPDR Fund (XLF) — that seeks to replicate an index comprised from
diversified financial services; insurance; blurb banks; capital
markets; genuine estate investment trusts (REITs); consumer finance;
thrifts and debt finance; and genuine estate government and
development — is adult some-more than 12 percent year-to-date as investors
jump behind into a zone after a vital selloff in 2011. The Paragon
Report examines investing opportunities in a Money Center Banking
Industry and provides equity investigate on HSBC Holdings PLC
Article source: http://www.marketwatch.com/story/moodys-warning-fails-to-impact-banking-stocks-2012-02-20

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