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Spain’s troubled Bankia sees stock soar 25.88% – Full Story

(via AFP)

Shares in Spain’s troubled Bankia soared 25.88 percent on Friday as the financial sector staged a dramatic recovery a day after 16 banks were sharply downgraded by Moody’s. Just a day after Bankia’s stock was hammered by a hotly denied report of a run on its funds, and hours after Moody’s Investors…

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