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Tag Archives: US Banks

Goldman Sachs Statement Pushes US Bank Shares Higher

06-Oct-09

Goldman Sachs Group Inc pushed up shares of U.S. banks yesterday, after saying that the market has not recognized the significant improvement in earnings potential at big banks. Goldman Sachs boosted ratings on Wells Fargo & Co. to “Buy” from “Neutral”, added Capital One Financial Corp. to its “Conviction Buy” list and reaffirmed the “Conviction [...]

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Tough Day For U.S. Banks

12-Aug-09

U.S. Banks had a tough day yesterday, after weeks of rallying, as analyst Dick Bove forecast that financials won’t see improving bottom lines in the second half of 2009. As a result, banks, from JP Morgan Chase to Citigroup, saw their shares slip 1.18% on average. As the Fed convenes to determine the next move [...]

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Financial News Summary – May 8, 2009

08-May-09

- Toyata Motor Corp Sees Wider-Than-Expected Quarterly Loss – US Jobs Down Less than Estimated Signaling Economic Downturn – US Banks Raise Capital After Stress Test Results

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