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Dow Falls 92, Ends Below 10,000

Analyst's Wells Fargo cut has far-reaching impact

By Nick McMaster,  Newser Staff

Posted Oct 21, 2009 3:06 PM CDT

(Newser) – Stocks tanked today in the final hour of trading after renowned analyst Dick Bove downgraded Wells Fargo to “sell.” The bank had posted $3.2 billion in third-quarter net income, but it also reported rising loan delinquencies. Home Depot, Merck, and Boeing all...   Read full story »

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