Dow Jones Newswires First to Report on RBC Capital Markets Upgrade of the Banking Sector
U.S. Newswire, June, 2009
To: BUSINESS EDITORS
Contact: Tiffany Richardson of Dow Jones Enterprise Media Group, 1-609-627-2101, tiffany.richardson@dowjones.com
Dow Joness Market Talk Report Causes Banking Stocks to Rally
NEW YORK, June 17 /PRNewswire/ -- On June 4, 2009, Dow Jones Newswires reported on a research note issued by RBC Capital Markets, calling an end to the global financial crisis, and arguing that bank stocks will not only outperform this year but begin a multi-year bull market, and even reinstate dividend payments. While this announcement from RBC barely moved the market, two minutes after Dow Jones issued its Market Talk report on RBCs research note, providing additional context and clarity for readers, the KBW bank index started trading higher, rising 3.6%....
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