Merrill posts big loss, to cut 2,900 jobs (Reuters)

[riky]

Merrill posts big loss, to cut 2,900 jobs
    (Reuters)

 

<p>You are not allowed to view links. Register or LoginReuters - Merrill Lynch & Co  on Thursday
posted a quarterly loss of $2 billion and said it planned to
cut 2,900 jobs after recording more than $9.5 billion in
write-downs and losses on subprime mortgages and other risky
assets.</p><br clear="all"/>


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