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Lloyds Banking Group (LYG)

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LYG rallies on public optimism European banks rallied after hearing news that the "worst might be over." The U.S. Federal Reserve affirmed that their May reports were much better than reports in March. In three to six months, analysts are predicting that the economy will potentially stagnate and rise, after having shrunk at a 6-7% rate. The first trading day of Lloyds TSB Group plc. (the new name) Trading in securities of the Company under the new name commenced on the London Stock Exchange and the New York Stock Exchange.

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