Mid-Day Follow-Up Commentary on Selected Picks: (NASDAQ: FITB), (NASDAQ: MDLZ)
Fifth Third Bancorp (NASDAQ: FITB), a regional bank based in Cincinnati, Ohio, is marginally higher in mid-day trading today, extending its gains from the previous trading session. FITB had gained nearly 5% on Thursday after the company reported its fourth-quarter financial results. FITB reported fourth-quarter net income of $390 million, or $0.43 per share, compared to $305 million, or $0.33 per share reported for the same period in the previous year.
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