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Dick Bove Continues to Defend JPMorgan
Tuesday, May 29, 2012 - 3:48pmEarlier on CNBC, financial analyst Dick Bove appeared to give his take on JPMorgan (NYSE: JPM) he remained steadfast in his defense of the company. Bove stated that the bank's recent asset sales would not have any meaningful impact on the company in the longer term. He stated that the stock was...
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Dick Bove Criticizes Financial Media on Bloomberg Radio
Wednesday, April 11, 2012 - 9:45amDick Bove of Rochdale Securities is currently on Bloomberg Radio discussing the big US banks and banking regulations. In the interview, Bove has brought up the following issues: -He sees a certain bias in media reporting banking industry. For example, the story about JP Morgan's (NYSE: JPM) hedges...
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Dick Bove Continues to Bullish on Banking
Tuesday, February 28, 2012 - 11:46amIn an interview on CNBC earlier today, Dick Bove continued to argue that banking stocks continue to be tremendously undervalued. Bove argued that many banks were not just trading below book value, but trading below cash value as well. Bove argued that some banks had more cash than what the market...
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Dick Bove: Jefferies Has Become an "Acquisition Target"
Tuesday, November 22, 2011 - 3:21pm
Fox Business Network's (FBN) Charlie Gasparino reports Jefferies & CO CEO Richard Handler is weighing whether the firm can remain independent and if a sale to a larger player is inevitable. Rochdale Securities analyst Dick Bove told Gasparino that Jefferies has become an “acquisition target” to...
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Wednesday, August 24, 2011 - 10:13am
With Meredith Whitney Defending BofA, Is It Time To Buy?
Meredith Whitney, who has been notoriously bearish on the banks in the past, is singing a different tune this morning. Whitney, of Meredith Whitney Advisory Group, said that Bank of America Corp. (NYSE: BAC) does not have to raise capital immediately. In comments captured by Bloomberg, Whitney...
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Dick Bove Tells Bloomberg TV That Bank of America Has Sufficient Capital
Tuesday, August 23, 2011 - 12:51pm
Rochdale Securities analyst Dick Bove told Bloomberg TV's Margaret Brennan this morning that Bank of America has sufficient capital and that you cannot "break the bank" by driving the stock price lower. Bove also re-affirmed his belief that Goldman Sachs needs to shake up its management ranks....
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Dick Bove Tells Fox Business That Bank Of America "Can Go To One Dollar And It Won't Need To Raise Capital" In Order To Survive
Monday, August 8, 2011 - 5:00pmFOX Business Network (FBN) Senior Correspondent Charlie Gasparino reports while most traders are betting that Bank of America “will not be able to survive unless it gets new capital” Rochdale Securities financial analyst Richard Bove tells Gasparino they will not have to raise capital. He told...
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Wells Fargo & Company Bouncing Back From Dick Bove Cut
Monday, June 6, 2011 - 12:50pmWells Fargo & Company (NYSE: WFC) shares are well off session lows, down just 1% after Dick Bove of Rochdale Securities downgraded the stock to Sell. Bove cut the rating to Sell and cut the price target to $22, citing rising unemployment, ongoing weakness in the housing market and slowdown in...
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Dick Bove Tells Fox Business Network He Would Be Surprised If DOJ Did Not Investigate Blankfein
Thursday, May 12, 2011 - 6:00pmFOX Business Network (FBN) Senior Correspondent Charlie Gasparino reports on the mounting pressure Goldman Sachs CEO Lloyd Blankfein is facing with “multiple investigations” by the Securities and Exchange Commission (SEC) and Department of Justice (DOJ) on allegations of insider trading. Rochdale...
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Goldman Sachs Continues To Plunge, Down More Than 3% (GS)
Thursday, May 12, 2011 - 2:03pmGoldman Sachs Group, Inc. (NYSE: GS) shares are continuing their slide, and are now down over 3% on more than three times the average daily volume, as noted bank analyst Dick Bove downgraded the stock. Bove cut his rating to Sell. Bove of Rochdale Securities downgraded the name and cut the price...
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