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"It would take a Depression every bit as large and long as the 1930s debacle to shake this company's viability." So wrote analyst Richard Bove about Citi. He thinks the fears are overblown, even as... Read more...
A poster on Seeking Alpha takes analysts to task for what he considers really awful performances as of late. There's a been a lot of talk about how inaccurate analysts have been in their forecasts.... Read more...
No one's buying the Lehman Brothers story anymore. It's big day has come and gone--and people are even more pessimistic than before. Some analysts had been recommending the stock on a valuation... Read more...
Ladenburg Thalmann analyst Richard Bove is sticking to his guns on Lehman Brothers. He made headlines--again--not too long ago for his buy recommendation, which was driven by his belief that a... Read more...
Lehman Brothers may not be facing a Bear Stearns-like insta-implosion, but it's staring at a long, drawn out demise that may prove just as... Read more...
Citigroup gets all the attention, but the universal banking model was embraced by other banks over the past decade or so, though not to the... Read more...
It's no secret that banks are constrained as they try to raise capital these days. Shareholders seem to have borne the brunt of these efforts, to say the least, and there's got to be a limit as to... Read more...
It's clear that something is up with Goldman Sachs. The company seems to be talking analysts down a bit, which has resulted in a lot of paring of third-quarter estimates... Read more...
Analyst Richard Bove has reiterated his sell recommendation on Goldman Sachs and cut his earnings estimates. For the year ending November 30, he now predicts $14.16 per... Read more...