Most Popular Stories
Events
- Private Equity Analyst Outlook 2009
Jan 27-28 — Grand Hyatt, NYC - ABA Risk Management Forum - a new event!
April 22-24 - ABA Insurance Risk Management Conference
Jan 25-28 - Investment Consultants Forum
December 15 — The Princeton Club, NY
Sponsored Links
Latest News
Earnings anxiety continues this week
Citigroup reports earnings on Friday. Merrill Lynch will report on Thursday. As a prelude, JP Morgan Chase and Wells Fargo will report on Wednesday. There's plenty to be nervous about. Writedowns are at the top of the list. Goldman Sachs estimates $12 billion in industrywide writedowns, with $2 billion of that at Merrill Lynch, notes MarketWatch. JP Morgan writedowns are expected to be nil. Investment banking units likely will reflect the severe drop off in business. Still, do not be surprised if the market rallies--in relief--on specific bits of earnings news, as long as it is not off-the-charts ugly.
For more:
- here's the article
Related Articles:
Earnings anxiety takes toll, expected to linger
Earnings anxiety worsens for Bank of America, others
Deal trends not so great in 2008; opportunity?
Related Stories
- Wow! Goldman CEO sought merger with Citigroup
- Wall Street's subprime woes continue
- Battle for ABN AMRO: It's on
- Goldman Sachs' assets top $1 trillion
- Still wondering: Is the worst over?
- ALSO NOTED: Temasek adds to Merrill Lynch stake; More on JP Morgan beating estimates; and much more...
- Top banks tap investment-grade market
- TARP details emerge
- Going green may be tough for top banks
- Writedowns, writedowns everywhere
Comments
Post new comment
Home
| Subscribe | Advertise | Mobile Edition | RSS |
Privacy
| Site MapTHE FIERCEMARKETS NETWORKFierceFinance | FierceFinanceIT | FierceSarbox | FierceHealthcare | FierceHealthFinance | FierceHealthIT | Hospital Impact | FierceCIO | FierceCIO:TechWatch | FierceContentManagement | FierceMobileIT | FierceBiotech | FierceBioResearcher | FiercePharma | FierceVaccines | FierceIPTV | FierceOnlineVideo | FierceTelecom | FierceVoIP | FierceBroadbandWireless | FierceDeveloper | FierceMobileContent | FierceWireless | FierceWireless:Europe© 2008 FierceMarkets, Inc. All rights reserved. |
![]() |


