Digg
Rochdale Securities financial analyst Richard Bove chopped his rating from “buy” to “neutral” Tuesday, in the wake of the Wall Street giant’s earnings report. In an email, he offered seven reasons why:
Goldman is down about 2%. In a brief chat with MarketBeat Bove also suggested that a management shakeup is overdue at Goldman. “I happen to think that a managemengt change is necessary,” Bove said. “There's been no accountability whatsoever in this firm.”
Yahoo! Buzz
MySpace
Digg
del.icio.us
NewsVine
StumbleUpon
Mixx
Error message
MarketBeat looks under the hood of Wall Street each day, finding market-moving news, analyzing trends and highlighting noteworthy commentary from the best blogs and research. MarketBeat is updated frequently throughout the day, helping investors stay on top of what's happening in the markets. The Wall Street Journal's Chief Markets Commentator Dave Kansas and MarketBeat lead writer Matt Phillips spearhead the MarketBeat team, with contributions from other Journal reporters and editors. Have a comment? Write to marketbeat@wsj.com or write Dave at dave.kansas@wsj.com or Matt at matt.phillips@wsj.com.
Read Full Article »