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Large U.S. banks' stocks in capitulation mode: Merrill (Reuters)

Started by riky, June 20, 2008, 05:41:58 PM

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riky

Large U.S. banks' stocks in capitulation mode: Merrill
    (Reuters)

 


<p>You are not allowed to view links. Register or LoginReuters - U.S. large-cap regional banks' stocks now
appear to be in "capitulation mode" and will likely trade below
fair value in the near term as more dividend cuts and capital
raises, high credit risk and an uncertain earnings outlook all
weigh on their share prices, an analyst at Merrill Lynch said.</p><br clear="all"/>


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