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Richard Bove Would Own STT, BK, NTRS, GS And MS
Wednesday, September 16, 2009 - 6:41pm | 209Rochdale Securities analyst Richard Bove spoke in CNBC’s Fast Money about his expectations in financial sector and made five picks of the banks that he would own. Bove said that 60% of the banks in U.S. are probably going to show losses over the next six months and he thinks that only banks that...
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Richard Bove Thinks That Citigroup (C) Shares Will Hurt If Government Sells
Wednesday, September 16, 2009 - 4:34pm | 169Richard Bove, a veteran banking analyst, is upset with the news that government could sell its share of Citigroup (NYSE: C). He said in Bloomberg interview that if U.S. sells its stake of $7.7 billion and Citigroup (C) issues around $1.25 billion of new preferred stocks, they will put a big...