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Merrill, UBS, Citi Will Face Yet Another Capital Shortage


Oppenheimer analyst Meredith Whitney upped the ante on the banking sector Thursday when she predicted Merrill Lynch, UBS, and Citigroup would report worse-than-feared earnings and find themselves once again scrambling for cash.
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Merrill, UBS outlooks slashed by Oppenheimer - Reuters


In October, Whitney correctly predicted that Citigroup would cut its dividend and raise 30 billion of capital. She expects more banks to seek new capital, ...Merrill and UBS outlooks slashed by Oppenheimer Reuters
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DJIA Leaders & Laggards: C AXP GM XOM - Houston Chronicle


Citigroup shares fell 1.37, or 5.9 percent, to 22.050, after Oppenheimer & Co. analyst Meredith Whitney lowered her first-quarter profit estimate for the ...Unexpected decline in durable goods weighs on stocks Chicago Tribune
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Begging Bankers - Forbes


Whitney sees another 13 billion in write-downs coming at Citi, which has already written down 24.5 billion of asset values since October. ...
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Mid-Week Slump: Dow Dives 109 Points on Data, Financials - FOXBusiness


Also, influential analyst Meredith Whitney of Oppenheimer slashed her predictions for 2008 earnings for Citi, Wachovia WB and Bank of America BAC. ...Stocks Decline on Weak Economic Data The Associated Press
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BEFORE THE BELL Motorola, Ford, Citigroup, Clear Channel likely to ... - MarketWatch


Oppenheimer & Co. analysts led by Meredith Whitney cut their first-quarter profit forecasts for US banks on average by 84%, led by Citigroup Inc. C: , , ...
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Citigroup to pay 1.66 bln to settle Enron claims - Reuters India


Meredith Whitney, an analyst at Oppenheimer & Co, wrote on Tuesday that Citi would likely record 13.12 billion of write-downs for the first quarter, ...Citigroup settles with Enron creditors International Herald Tribune
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CitiGroup??s Troubles and Analyst Meredith Whitney


Meredith Whitney, the stock analyst who downgraded Citigroup, causing a 7% fall in the stock price Friday, has been receiving death threats. Hmm.
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Whitney&39s grim distinction - CNNMoney.com


One of the first and harshest critics of the financial sector, Meredith Whitney isn&39t afraid to take on the biggest companies. ...Merrill, UBS, Citi in Whitney&39s crosshairs CNNMoney.com
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Midday Leaders & Laggards: DJIA - Forbes


Citigroup shares fell 1.24, or 5.3 percent, to 22.18. Earlier, Oppenheimer & Co. analyst Meredith Whitney cut her earnings estimates for Citigroup, ...
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2nd UPDATE: Merrill Lynch 1Q Loss, Up To 6 Billion Write-Down Seen - CNNMoney.com


Oppenheimer & Co. analyst Meredith Whitney now sees Merrill writing down 6 billion in its first quarter, and BernsteinResearch analyst Brad Hintz expects ...Oppenheimer&39s Whitney on CNBC: More Financial Carnage Ahead StreetInsider.com subscripti
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2nd UPDATE:Clear Channel Gets Temp Order Forcing Banks To Act - CNNMoney.com


Banks already have recognized more than 9 billion in losses on leveraged loans, and Oppenheimer analyst Meredith Whitney said Thursday they are likely to ...We&39re all dooooooomed: a finance wrap Crikey subscription
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