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Analysts see much higher 2008 loss for Merrill (Reuters)

Started by riky, July 18, 2008, 07:42:38 PM

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riky

Analysts see much higher 2008 loss for Merrill
    (Reuters)

 


Reuters - Wall Street analysts widened their
2008 loss estimates for Merrill Lynch & Co  on Friday, a
day after the investment bank posted a quarterly loss much
bigger than market expectations and unveiled plans to sell
assets to shore up capital.


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