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Best Wall St. Stocks Today – CFC,BAC

Moody’s cut the credit rating of Countrywide (CFC) to "D" for default, over worries about liquidty. According to Reuters "The downgrade does not reflect Countrywide’s planned acquisition by Bank of America (BAC)." It does raise, once again, the issue of what BAC is getting. "However, the downgrade of the bank financial strength rating provides insight [...]

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Best Wall St. Stocks Today – BAC,UBS,PALM,GOOG,NWS,AIG,MSFT,BSX,YHOO,SIRI,XOM,TWX,TM

Reuters: Bernanke denied putting pressure on Bank of America (BAC) over the deal to buy Merrill Lynch. Reuters:

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Why Citigroup’s Earnings May Surprise

Thanks to the earnings reports from Wells Fargo (NYSE: WFC  ) and JPMorgan Chase (NYSE: JPM  ) on Friday, we have a bit of color on the banking sector — and a bit of a jump start on what to expect as Citigroup (NYSE: C  ) reports its first-quarter earnings before market open on Monday. Analysts expect earnings [...]