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DealBreaker (Free subscription) | 07/23/2008
Remember way back in the day, when Meredith Whitney made a name for herself-- Dollar Dominatrix-- by downgrading the big C , and she got a few "fuck you, bitch" emails from investors and her husband, pro-wrestler- cum -liquid Viagra distributor John Layfield canceled a planned trip to Texas so that he could walk her to and from the office in case some Friends 'o Citi tried anything funny? That was...
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Hispanic Business Magazine (Free subscription) | 07/22/2008
BOSTON (Thomson Financial via COMTEX) -- American Express Co. was Tuesday downgraded to perform from outperform at Oppenheimer, which cited rapidly deteriorating credit quality. Analyst Meredith Whitney said credit deterioration increased beyond American Express' expectations in June, leading to increased second half 2008 loss expectations....
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San Diego Union (Free subscription) | 07/20/2008
It's not over. Despite midweek relief for financial stocks, Oppenheimer & Co. analyst Meredith Whitney says the financial markets won't be able to stabilize until there is more truth-telling. Rather than trickling out write-downs and sour news, Whitney says banks need to “get real” about their “true asset values.”
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DealBreaker (Free subscription) | 07/16/2008
Dollar Dominatrix Meredith Whitney has probably not made a lot of friends with her sack-rippingly bad reports. Merrill Lynch CEO John Thain, always up for a heel in his ass, is not much of a fan of the Oppenheimer analyst, and Citi CEO Vikram Pandit, who likes everyone, refers her to as "that devil woman" in mixed company. One pal she's probably made via downgrade is new Wachovia CEO Robert Steel....
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Commercial Insurance Knowledge (Free subscription) | 07/16/2008
Meredith Whitney, the Oppenheimer & Co. analyst famous for her prescient financial sector calls during the ongoing banking crisis, has downgraded Wachovia Corp. Bookmark To:
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Seeking Alpha (Free subscription) | 07/16/2008
Money Morning submits: By Jennifer Yousfi Meredith Whitney, the Oppenheimer & Co. analyst famous for her prescient financial sector calls during the ongoing banking crisis, has downgraded Wachovia Corp. (WB) to “underperform,” saying prospects are “bleak” for shareholders of the Charlotte-based commercial bank. Complete Story »
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Money Morning (Free subscription) | 07/16/2008
By Jennifer Yousfi Managing Editor Meredith Whitney, the Oppenheimer & Co. (OPY) analyst famous for her prescient financial sector calls during the ongoing banking crisis, has downgraded... Money Morning is here to help investors profit handsomely on this seismic shift in the global economy. Money moves markets. But Money Morning lets you move first.
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Hoffmania! (Free subscription) | 07/15/2008
The sound of collapsing that is. Heeeere we go. Oppenheimer & Co.'s Meredith Whitney, the analyst who correctly predicted Citigroup Inc. would reduce its dividend this year, said the earnings outlook for Wachovia Corp. has "dramatically diminished'' and bank stocks...
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Seeking Alpha (Free subscription) | 07/15/2008
Rebecca Engmann Darst co-authored this article. Wachovia (WB) – Meanwhile, the “Grand Guignol” to which we alluded earlier continues apace in the financial space today. Implied volatility in Wachovia options rose 21% earlier today after Oppenheimer analyst Meredith Whitney cut her rating on the stock, calling the outlook for the bank “bleak,” and telling Bloomberg News in no uncertain terms: “(Financial)...
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The Street (Free subscription) | 07/15/2008
Oppenheimer analyst Meredith Whitney lowers teh bank stock to to underperform from perform, citing eroded capital levels.
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Market Watch (Free subscription) | 07/15/2008
Wachovia Corp.’s stock tumbles after Meredith Whitney, an influential analyst at Oppenheimer & Co., downgrades the shares and says shareholders face a “bleak” outlook.
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Reuters UK (Free subscription) | 07/15/2008
BANGALORE (Reuters) - Wachovia Corp's earnings outlook has dramatically diminished and prospects for shareholders are bleak, said influential Wall Street analyst Meredith Whitney, who downgraded the stock to "underperform."
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DealBreaker (Free subscription) | 07/15/2008
We're listening to the Meredith Whitney conference call right now, but while we patiently wait for the Q&A during which we'll ask what everyone else is thinking-- have you ever killed person'-- here's something interesting, considering that while DD's victim's usually don't like it when she violates them in public, typically they roll over and take it, rather than screaming, "You take that back!"...
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The Earth Times Online Newspaper (Free subscription) | 07/15/2008
BANGALORE (Reuters) - Wachovia Corp's earnings outlook has dramatically diminished and prospects for shareholders are bleak, said influential Wall Street analyst Meredith Whitney, who downgraded the stock to underperform.
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Reuters (Free subscription) | 07/15/2008
BANGALORE (Reuters) - Wachovia Corp's earnings outlook has dramatically diminished and prospects for shareholders are bleak, said influential Wall Street analyst Meredith Whitney, who downgraded the stock to "underperform."