August 15, 2007

Lloyd's

Lloyd's bank has been down lately:

But Lloyds TSB, which was dinged 5% over three days last week, is coming off a smashing first-half report with revenues and profits up in each division. In fact, Lloyds just increased its interim dividend for the first time in five years. With a trailing P/E under 10 and a 6.3% yield, Lloyds may deserve a second look.

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