Monday, July 9, 2007

Huntington profit to miss view amid housing woe

(Reuters) - The announcement is evidence that the housing slowdown and weakening credit quality may be affecting banks' bottom lines. Last week, the American Bankers Association, a trade group, said U.S. consumer delinquencies were at their highest level since the second quarter of 2001, when the economy was in recession.




Shares of Huntington fell as much as 4.7 percent.


Read more at Reuters.com Hot Stocks News

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