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Housing Market Will See A Double Dip; Meredith Whitney
Tuesday, March 16, 2010 - 12:39pm | 128In an interview with CNBC on Tuesday morning, Meredith Whitney, banking analyst and owner of Meredith Advisory Group LLC, said that housing will see a double dip. However, she believes that the double dip will be “light”. She also commented on the Fed’s buying of mortgage backed securities....
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Meredith Whitney Says Banks Will Face Higher Capital Levels, Lower Returns (JPM, BAC, C, WFC)
Thursday, February 18, 2010 - 4:58pm | 176Meredith Whitney was speaking with Maria Bartiromo on CNBC and made several comments on the banks. Meredith said banks will face high capital levels, and they will have lower returns: JPMorgan (NYSE: JPM), Bank of America (NYSE: BAC), Citi (NYSE: C) and Wells Fargo (NYSE: WFC). Whitney said...
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Meredith Whitney May Be Talking Up Goldman Sachs
Friday, January 29, 2010 - 11:43am | 93Meredith Whitney may be back at it again. There was some noise this morning that Meredith Whitney Advisory Group is speculating that Goldman Sachs (NYSE: GS) will give up its bank charter status soon to avoid new stricter rules on banks. This could be seen as a net positive for the company, but...
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Joe Terranova Is Bullish On JPM
Thursday, January 14, 2010 - 7:28pm | 239CNBC Fast Money's Joe Terranova is long JPMorgan (NYSE: JPM) into earnings. He expects this stock to spike after earnings report. JPM closed today 0.99% up at $44.69. Karen Finerman expects JPMorgan earnings to lift Bank of America (NYSE: BAC) share price. She bought Bank of America (BAC) on...
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Meredith Whitney Cuts Goldman Sachs Estimates
Tuesday, January 5, 2010 - 2:14pm | 44Meredith Whitney cuts Goldman Sachs (NYSE: GS) estimates for Q4 from $6 to $5.50 and Meredith Whitney cut FY 2012 EPS estimates for Goldman Sachs from $21.45 to $21.10, according to Dow Jones. Whitney previously cut the estimates on December 17th.
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Meredith Whitney Cuts Goldman Sachs & Morgan Stanley Estimates
Thursday, December 17, 2009 - 2:15pm | 135Meredith Whitney, the analyst known for correctly predicting Citigroup Inc.’s (NYSE: C) dividend cut last year, reduced the earning-estimates for Goldman Sachs Group, Inc. (NYSE: GS) and Morgan Stanley (NYSE: MS) through 2011. Meredith Whitney projects that Goldman Sachs Group, Inc. will earn $19...
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Meredith Whitney Cuts Earnings View On Goldman Sachs And Morgan Stanley (GS, MS, XLF)
Thursday, December 17, 2009 - 9:13am | 198This morning Meredith Whitney and her firm, Meredith Whitney Advisory Group, lowered estimates on Goldman Sachs (NYSE: GS) and Morgan Stanley (NYSE: MS). When Meredith Whitney makes comments, the market listens and her call is putting pressure on both GS and MS and the Financial Select Sector SPDR...
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Meredith Whitney Maintains Her Bearish Stance (XLF, SPY, GLD, GDX)
Tuesday, December 8, 2009 - 9:17am | 232Strap yourself in, Meredith Whitney is speaking on CNBC. Meredith Whitney is maintaining her bearish stance on the markets. She says the governnment is now out of bullets to support the economy. She says if the economy doesn't slow down now, it will in Q1. Whitney said nothing has changed other...
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Meredith Whitney Says John Paulson Is Wrong On Bank of America (BAC, XLF)
Thursday, November 19, 2009 - 9:56am | 173Meredith Whitney of Meredith Whitney says Paulson & Co's John Paulson is wrong on Bank of America (NYSE: BAC). John Paulson is the hedge fund manager who bet right on the subprime crisis and then in turn got long the financials, Financial Select Sector SPDR (ETF) (NYSE: XLF), at the right time...
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Meredith Whitney Says Banks Are Grossly Overvalued (C, BAC, XLF)
Thursday, November 19, 2009 - 8:45am | 80Meredith Whitney says banks are grossly overvalued. Banks are trading at more than 2x tangible book value and Whitney says at most they should be trading at book value. JPMorgan (NYSE: JPM), Citigroup (NYSE: C), Bank of America (NYSE: BAC) and Financial Select Sector SPDR (ETF) (NYSE: XLF) may see...
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Meredith Whitney As Bearish As Ever (XLF, BAC, GS)
Monday, November 16, 2009 - 5:00pm | 273Meredith Whitney says there is no fundamental reason why stocks like Tiffany (NYSE: TIF) or Caterpillar (NYSE: CAT) are up. She says an extreme amount of credit has been pulled from the market; in fact, $1.5 trillion of consumer credit card credit has been eliminated. Whitney says there is no way...
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Meredith Whitney Is Bearish On Financials
Thursday, September 10, 2009 - 7:21pm | 123Banking analyst Meredith Whitney said for CNBC that another leg down is coming, because banks won't see their earnings rise too much from now on. She is not entirely bearish on financials, she likes Goldman Sachs (NYSE: GS) and thinks it has a lot of gas in the tank. Whitney kept a buy signal on...
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Meredith Whitney Stated U.S. Home Prices to Decline another 25% (UMM, DMM)
Thursday, September 10, 2009 - 9:30am | 113Meredith Whitney, a banking analyst at Meredith Whitney Advisory Group LLC, told CNBC in a televised interview this morning that "...there is no doubt that home prices will go down dramatically from here, it's just a question of when." Ms. Whitney believes home prices can go down another 25% from...