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Strategies & Market Trends : YEEHAW CANDIDATES

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To: Galirayo who wrote (12199)9/28/2005 5:18:48 AM
From: Ditchdigger  Read Replies (1) of 23958
 
<SAN FRANCISCO (MarketWatch) -- Sterling Financial Corp. after Tuesday's closing bell lowered its third-quarter earnings forecast to 38 cents to 44 cents a share, and its 2005 forecast to $1.67 to $1.77 a share. The Spokane, Wash.-based bank holding company said it lowered its expectations based on slower-than-expected growth in loan balances and the impact of the continued flattening of the yield curve.>
Looks like the free lunch money for the banks may be coming to an end..;^)
(I expect to hear more about the narrow spread as earnings season approaches for the banks)
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