Ratings cuts can cost global banks big money. But regional banks could find opportunity in the fallout.
Results from retail bankers have shocked analysts in what seems to be a long overdue comeback from recent economic turmoil.
Teva is downgraded to 'equal weight,' and MGM is downgraded to 'neutral.'
F5 Networks is upgraded to 'buy' at BofA/Merrill, while Walgreen is downgraded to 'neutral' at Goldman.
Investors are seeing a mixed bag of quarterly results as banks reel from weak trading revenue.
Traveleres and JC Penney are upgraded to 'outperform,' while Kohl's and Nordstrom are cut to 'hold.'
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All hail the bull market, which ended the week with a big rally. But it also is starting to look a little like 1987, which suffered an epic blow-out.
The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
The IRS is struggling to combat identify thieves who file fraudulent tax returns in the names of older residents who don't need to file.