Bank of Ireland (IRE) NewsBite - Irish Finance Minister Rejects Bank Nationalization
Posted: Tuesday, May 26, 2009 11:21 AM EDT
By: Market Intelligence Center Staff
Bank of Ireland (NYSE: IRE) opened at $7.70. So far today, the stock has hit a low of $7.30 and a high of $8.69. IRE is now trading at $8.58, up $0.35 (4.28%). Over the last 52 weeks the stock has ranged from a low of $.66 to a high of $54.00. IRE shares are rising today after Irish Finance Minister Brian Lenihan told an Irish government committee "Nationalization [of Irish banks] won't make the problems go away." This could be a good sign for IRE. Technical indicators for the stock are bullish and S&P does not currently have a STARS rating for IRE. We will just watch this one for now. There are no hedged trades we like the look of for IRE. [ABR-Seven Summits Strategic Investments NewsBite]
CLICK HERE: FREE (IRE) Stock ReportSee what our analysts have uncovered about (IRE).
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