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RD Today => All the News => Business News => Topic started by: riky on July 25, 2008, 07:42:41 PM

Title: Wachovia shares off; analyst says rise unjustified (Reuters)
Post by: riky on July 25, 2008, 07:42:41 PM
Wachovia shares off; analyst says rise unjustified
    (Reuters)

 



<p><img src="http://d.yimg.com/us.yimg.com/p/nm/20080725/2008_07_25t123012_450x333_us_wachovia_shares.jpg?x=130&y=96&q=85&sig=wwLb7oKBGAc_HqASruNS0A--" align="left" height="96" width="130" alt="A Wachovia Bank branch is seen in Denver July 22, 2008. (Rick Wilking/Reuters)" border="0" /> (http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20080725/bs_nm/wachovia_shares_dc)Reuters - Wachovia Corp  shares fell as
much as 10 percent on Friday after a downgrade by a Morgan
Keegan & Co analyst, who said the stock's 73 percent rise in
seven trading days wasn't justified in light of its credit
problems.</p><br clear="all"/>


http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20080725/bs_nm/wachovia_shares_dc