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Reuters: Bernstein expects Merrill to post loss

Started by chris, March 27, 2008, 03:01:11 PM

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chris

Bernstein expects Merrill to post loss
      


(Reuters) - Sanford C. Bernstein expects Merrill Lynch & Co  to post a loss in the first quarter instead of of its previous forecast for a profit, citing $4.5 billion in total writedowns at the U.S. bank.
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