Meredith Whitney Cuts Goldman Sachs (GS), Morgan Stanley (MS) Estimates

Banking analyst Meredith Whitney on Thursday cut her earnings estimates for Wall Street banks Goldman Sachs (GS) and Morgan Stanley (MS), in the days before the two are set to report earnings. Whitney, head of the Meredith Whitney Advisory Group, lowered her estimate for Goldman’s Q2 EPS to $1.70 from her previous estimate of $4.75. She [...]