This Day On The Street
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WestAM USA CEO Don Phillips tells how the unrealistic expectations of the past few years have started to get corrected.

Telecom holdings are now dragging on the bank's portfolio.

Prudential's Mike Mayo shares his thoughts on objectivity on Wall Street.

The Atlanta bank loses the public relations battle and ultimately a prize property.

SunTrust is nearly vanquished.

Three maintain sell ratings as revenue-growth worries loom.

It's yet another setback for rival suitor SunTrust.

American Express Earnings Plunge 76%

07/23/01 - 02:25 PM EDT

A writedown in the junk-bond portfolio caps an all-around weak quarter.

Investors need reasons not to worry about the credit card giant's long-term growth prospects.

The decision is a big blow to rival bidder SunTrust.

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