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Whitney's "Rotten Assets" Call

Bank stocks, weak at the open, took another turn down at 3:15 PM ET after analyst Meredith Whitney came on our air and said many of the banks were sitting on "rotting assets."

Retailers posted their third consecutive down day, with many big names now down 10-15 percent in that time period. While several companies raised guidance for the first quarter on Thursday, it's likely we will hear very little about raised guidance for Q2 or the rest of the year when retailers begin reporting in the next week.

Wal-Mart, Nordstom and Kohls will be reporting this Thursday.

Symbol
Price
 
Change
%Change
JWN
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KSS
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WMT
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