Merrill Lynch
Latest Posts
Merrill Posts $5.2 Billion Loss in Q3
Oct 16, 2008Merrill Lynch & Co.[stock MER][/stock], set to be acquired by Bank of America Corp. [stock BAC][/stock] in February, reported Thursday a third-quarter net loss of $5.2 billion, or $5.58 per share, compared to a net loss of $2.2 billion — $2.82 per share — from the year-ago quarter, as the company all but ditched remaining subprime and Alt-A holdings. The company’s exposure to U.S. Alt-A residential mortgages declined an astounding 98 percent from Q2 levels to just $25 million, and subprime mortgage-related exposures declined 71 percent to $295 million.
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Thain to Head Investment Banking at BofA
Oct 02, 2008 -
Fitch Affirms Merrill Servicing Unit in Wake of BofA Acquisition
Sep 29, 2008 -
Fed Statement on Morgan Stanley, Goldman Sachs
Sep 22, 2008 -
Ah, so it was a shotgun wedding, after all…
Sep 18, 2008 -
Morgan Stanley Profits Down; Pondering Merger?
Sep 17, 2008 -
S&P Downgrades BofA, Questions Merrill Acquisition
Sep 15, 2008 -
Fed Expands Loan Facilities; Banks Establish $70 Billion Fund
Sep 15, 2008 -
Merrill Sells to Bank of America; Who’s Next?
Sep 14, 2008 -
Wachovia Cut to Underperform by Merrill
Sep 09, 2008 -
Merrill Downgraded; Lehman Looks to 80s For Inspiration
Sep 05, 2008 -
Merrill Confirms Mortgage-Related Hires
Sep 02, 2008
