Word: analysts
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
...earful. Richard Parkus, an analyst at Deutsche Bank, said he thought two-thirds of all commercial real estate loans due in the next few years - hundreds of billions of dollars' worth - could go bust. Jeffrey DeBoer, president of trade group the Real Estate Roundtable, fretted that problems in the lending business could cost the nation thousands more construction and real estate jobs. Next up, Congressman Jerrold Nadler of New York expressed worry that the country was headed for a lost decade of economic stagnation...
...Analyst Ed Najarian, who follows bank stocks at independent research firm ISI Group, says Wells will weather the current economic crisis better than its rivals, but that investors shouldn't take much comfort in that. "We think Wells' earnings may be lower than expected in the second half of this year as credit losses rise and mortgage-origination revenue declines," says Najarian, who rates Wells shares a "hold." (Watch TIME's video of Peter Schiff trash-talking the markets...
...While [Wells'] management's efforts to 'de-risk' Wachovia's problem loans may help in the near term, we still expect losses to exceed management's expectations," wrote analyst Paul Miller, who follows banks at FBR Capital Markets, in a recent report to clients. Miller, who rates Wells' shares "underperform," expects Wells' stock to fall by half its current price to $12. "Given our macro outlook ... we just can't get comfortable with Wells' balance sheet...
...consumption grew slightly last year, the level in Europe - which brews up roughly twice as much as the U.S. in absolute terms - fell by 2%. "There's still a bit more to come with regards to demand erosion" in both of those big markets, says Abah Ofon, a commodities analyst with Standard Chartered in Dubai. Any growth in demand from developing markets, he says, is "insufficient to lift a market which is falling...
...begin to understand the situation, the outside world should start by ignoring the standard cliché from the two governments that they are "as close as lips and teeth." Over the years, says Bruce Klingner, a senior analyst at Washington's Heritage Foundation and a former deputy chief for Korea in the CIA's Directorate of Intelligence, the agency's analysis section, "the talk in both capitals about the other has often been pretty scathing." Even during the Cold War, Kim Il Sung, Kim Jong Il's father, would routinely play the Soviet Union and China off each other...