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| Analyst Moves: CVD, ETFC Covance (CVD) was downgraded today by Goldman Sachs (GS) from buy to neutral with a price target of $46 due to higher operating costs and unstable demand trends. Suze Orman's Next Chapter Thanks to the economic downturn, the number of self-proclaimed ?financial experts? has skyrocketed. Yet Suze Orman,#61 on last year?s list of Forbes? 100 Most Powerful Women, remains America?s most acclaimed money expert. Dubbed ?the Queen of the Recession? and the ?High Priestess of Finance,? Orman serves as the trusted advisor to millions with her no-holds-barred advice, coupled with a genuine sense of empathy and compassion toward those looking to her for financial salvation. IRS Wins $62M GE Tax Shelter Case You would expect a tax shelter designed to save General Electric $62 million in taxes to be complicated. You would be right. The Second Circuit upheld a ruling against General Electric's financing arm that charged the conglomerate with understating its income. See TIFD III-E Inc. v. United States. The court said the IRS was right and IRS penalties were correctly applied. See General Electric Loses IRS Appeal on Dutch Bank Tax Benefits. |