blastet meredith whitney, die frau mit der macht die maerkte zu bewegen. dax kaempft aber wacker um die 5850
"Sares of Morgan Stanley (MS) and Goldman Sachs (GS) were under pressure this morning after banking analyst Meredith Whitney lowered her profit estimates for the investment banks.
Whitney expects Goldman to earn $6 per share in the fourth quarter, down from her previous estimate of $6.38. She also lowered her full-year outlook on Goldman to $19.57 from $19.95 per share.
Whitney also made calls on 2010 and 2011. She expects Goldman to earn $19.65 per share next year, down from $21.73, and she cut her 2011 estimate to $20.60 per share from $24.04. "
Shares of Goldman fell $3.09, or 1.8%, to $161.90.
As for Morgan Stanley, Whitney says the bank will earn $2.60 next year, 3 cents lower than her previous forecast. She also lowered her 2011 forecast to $2.75 per share from $3.28.
Shares of Morgan Stanley were down 48 cents, or 1.6%, to $29.86.
Whitney has a "neutral" rating on both stocks.
Whitney's calls are closely followed by the investment community, as she was one of the few analysts who correctly called the undercapitalization problems at Citigroup (C) in 2007. As an analyst at Oppenheimer at the time, she predicted that the bank would have to raise money, slash its dividend, and oust then-CEO Chuck Prince.
In February, she announced plans to leave Oppenheimer and has since started her own firm, Meredith Whitney Advisory Group."
Bloomberg |