Posts Tagged ‘wachovia’

Extended Stay America Files Ch. 11; Investors Sue B of A & Wells Fargo

Monday, June 15, 2009 14:44 No Comments

Extended Stay America has become the latest casualty of the economic crisis. The operator of low to mid priced hotels filed for Chapter 11 bankruptcy protection as consumers cut back on travel leisure spending.
According to the bankruptcy filing, Extended Stay America has $7 billion in assets with $7.6 billion in debt. The company owns 680 [...]

This was posted under category: BAC, Default, WFC Tags: , , , , , , , , , , , , , , ,

Review of 2008 Predictions a la Wall Street’s “Finest”

Tuesday, November 25, 2008 21:35 No Comments

As of 01/02/2008 the the year price target on the S&P 500 set by the Chief Investment Strategists at the major investment banks are as follows:
Strategist Year End Price Target
Citigroup                                   1675
HSBC                                          1700
Credit Suisse                              1650
Bank of America                         1625
UBS                                             1700
Morgan Stanley                           1525
Bear Stearns                                1700
Goldman Sachs                           1675
JP Morgan                                    1590
Lehman Brothers                         1630
Wachovia                                     1590
Merrill Lynch                                1525
Average 1632
Average [...]

This was posted under category: 2008 Crash, BSC, Bear Market, C, Charts, Citigroup, Crash, ETF, Economy, Finance, Great Depression, LEH, MER, MS, NASDAQ, Recession, S&P 500 Index, Stock Market, Technical Analysis, VIX Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
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