Sunday, April 13, 2008

Diversified Financial-Services Shares Fall After GE's 1st-Quarter Results Worry Investors

NEW YORK (AP) -- Shares of diversified financial-services companies fell Friday morning, as disappointing first-quarter results from General Electric, considered a bellwether of big business, stoked concerns about corporate profits.

How some diversified financial companies' shares were performing Friday morning:

Bank of America Corp. fell 29 cents to $37.40.

JPMorgan Chase & Co. fell 41 cents to $43.45.

CME Group Inc. fell $2.76 to $496.85.

Citigroup fell 14 cents to $23.57.

CIT Group Inc. fell 64 cents, or 5.2 percent, to $11.72.

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