New York, NY -- (SBWIRE) -- 01/18/2013 -- 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.
Earlier today, FITB also announced that it extended over $13 billion in credit to business customers. At last check, FITB was trading 0.58% higher at $16.39 on volume of 10.06 million, which is slightly below the daily average volume of10.32 million.
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Mondelez International Inc. (NASDAQ: MDLZ), a maker of chocolate, biscuits, gum, candy, coffee and powdered beverages, is marginally lower in mid-day trading today. At last check, MDLZ was trading 0.20% lower at $28 on volume of 8.78 million, which is below the daily average volume of 11.61 million.
Despite the pullback today, MDLZ has gained more than 2% for the week. The stock, in fact, has had an excellent run since last week. MDLZ is currently trading close to $28.25 resistance level. The upward trend could continue if the stock breaks through this level.
MDLZ said earlier this week that it will release its quarterly results on February 13, 2013.
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