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Reuters: Merrill, UBS outlooks slashed by Oppenheimer

Started by chris, March 27, 2008, 01:01:07 PM

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chris

Merrill, UBS outlooks slashed by Oppenheimer
      


NEW YORK (Reuters) - Merrill Lynch & Co  and UBS AG  may lose money this quarter and suffer write-downs of $6 billion and $11.1 billion, respectively, as credit problems worsen, according to Oppenheimer & Co analyst Meredith Whitney.
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