Hibernia Corp.'s shares recouped most of the early losses incurred after a big block of the New Orleans company's stock changed hands.

The shares closed at $5.625, down 12.5 cents on the day. The block of four million shares, equal to 4.7% of all Hibernia shares, was sold at $5. Hibernia was the most actively traded stock on the New York Stock Exchange, with about 5 million shares changing hands.

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