StreetInsider.com After-Hours Movers 9/29: Some Regional Banks Bounce After Today's Pounding (SOV, NCC, RF)
StreetInsider.com After-Hours Movers:
Sovereign Bancorp (NYSE: SOV) 21% HIGHER; Bounces after dropping 72% today on fears after the fall of Wachovia. Investors appear worried even though the company said it is well capitalized.
National City Corporation (NYSE: NCC) 11% HIGHER; Bounces after dropping 72% today on fears after the fall of Wachovia. Investors appear worried even though the company said it is well capitalized.
Regions Financial (NYSE: RF) 5% HIGHER; Bounces after dropping 72% today on fears after the fall of Wachovia.
Dr. Pepper Snapple Group Inc. (NYSE: DPS) 4% HIGHER; will replace Wm. Wrigley Jr. Company (NYSE: WWY) in the S&P 500 after the close of trading on Friday, October 3. Wrigley is being acquired by Mars Inc. in a deal expected to be completed before the market opens on Monday, October 6, pending final approvals.
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