Automated Trading Profit > U.S. Market Update - Forex Trading, Currency Forecast, FX Trading ...

[Forex Fundamental Analysis Reports (ActionForex.com)] Note that yesterday STT priced its equity offering and raised the total deal to $2B from $1.5B (to repay TARP) at $39, and shares of the bank are still trading between $41-42 this morning. The New York Times took a look at the effect of early TARP repayments and warrant repurchases on banks and taxpayers, noting that the government holds warrants in 579 banks that could be worth $5 to $10B, depending on market conditions.