NetQuantum :: Regional :: Africa :: Business_and_Economy :: Financial_Services :: Banks ::

• Stocks end mixed after a day of trading lower
A slew of analysts have been downgrading banks and brokerages over the past few weeks, and late Wednesday, Citigroup analyst Prashant Bhatia lowered his third-quarter estimates for the investment banks Lehman Brothers Holdings Inc., Goldman Sachs ...
• Analyst Actions: Lehman, Hewlett-Packard, Novatel Wireless
Goldman Sachs analyst William Tanona says he lowers third quarter and full year estimates for all of our large-cap brokers and universal banks. "Once again, the majority of our negative estimate revisions are being driven by higher than estimated ...
• 74 killed in flooding in India
In the neighboring state of Bihar, air force helicopters were called in to airlift supplies to thousands of people who were stranded when a river burst its banks, said Disaster Management Secretary Pratayaya Amrit.
• Fannie Mae, Freddie Mac Shares Plummet
That lack of liquidity is trickling down to traditional retail banks that rely on Fannie and Freddie to purchase loans and provide cash to originate new mortgages.
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