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First Niagara Financial Group Inc. Message Board

  • a_deshong a_deshong Jul 11, 2013 3:53 PM Flag

    Continuation of cheap money

    Looks like the past 2 day .60C nose dive is due to the anticipation of continued lower interest rates for awhile.

    Maybe the upcoming earnings and management's report next week will prop up the stock.

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    • Perhaps Bernanke's words of continuing the stimulus for now had somewhat of a negative impact, but still, some other northeast regional banks I kinda' follow are either up on the day or neutral. Only one of them is down and not as much as this one. Further, I don't know what the H is taking them so long to find a suitable new CEO, or are they just trying to save bucks by hanging on to an internal interim who is probably making more with the added responsibilities but clearly not as much as a permanent outside replacement.

10.180.00(0.00%)Jul 29 4:00 PMEDT