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Banks Still Might Not Be 'Buys' Now.

Authors :
Gongloff, Mark
Source :
Wall Street Journal - Eastern Edition. 10/15/2008, Vol. 252 Issue 90, pC1-C1. 1/5p.
Publication Year :
2008

Abstract

The article discusses prospects for the stocks of large U.S. banks. Bank of America reported poor earnings for the third quarter of 2008, and J.P. Morgan Chase & Co., Citigroup Inc., and Wells Fargo are likely to do the same. Jason Trennert of Strategas Research Partners believes bank stocks could take longer than usual to recover from recessionary conditions.

Subjects

Subjects :
*BANKING industry
*BANK stocks

Details

Language :
English
ISSN :
00999660
Volume :
252
Issue :
90
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
34740657