Thursday, March 27, 2008

Bank Concerns Back In The Headlines

There are lots of crosscurrents this morning, but the negative bank headlines are back in the news today, and weighing on financial stocks.Last night, rumors swirled that the Clear Channel (CCU) deal may be in jeopardy. Then, early this morning, Deutsche Bank (DB) said that it may not meet its full year profit projections. No shocker there, but that knocked the futures lower and set a negative tone for the morning.Oppenheimer analyst Meredith Whitney cut estimates again for the big 4 banks (Citi, BofA, JPM
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[Source: The Money Blogs]

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