Analyst sees Merrill, Morgan facing big headwinds
By Riley McDermid, MarketWatch
Last Update: 6/30/2008 4:58:00 PM
NEW YORK (MarketWatch) — Wall Street’s bearish drumbeat goes on.
In the latest episode, Ladenburg Thalmann & Co. cut estimates for Merrill Lynch &
Co. Inc. and Morgan Stanley on Monday, joining a chorus of analysts predicting
the two besieged banks will face serious headwinds [...]
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