Oppenheimer downgraded Lehman (NYSE: LEH) from "out perform" to "market perform," according to Briefing.com. The news service also writes that Baird downgraded Wells Fargo (NYSE:WFC) to "underperform" from "neutral."
S&P put Goldman Sachs (NYSE:GS) and Lehman onto its negative watch list, according to The Wall Street Journal.
Lehman Brothers cut its profit estimates on Phillips Van Heusen (NYSE: PVH).
Douglas A. McIntyre is an editor at 247wallst.com.










