Home > Results for Merrill Lynch slides as deals dry up
At Merrill, Write-Downs and More Layoffs - New York Times
At Merrill, Write-Downs and More LayoffsNew York Times - 46 minutes agoBy LOUISE STORY After announcing dismal earnings and layoffs on Thursday, John A. Thain, still new to his role as chairman and chief executive of Merrill Lynch, dialed onto a conference call with some o
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Merrill Said to Be in Talks to Sell Bloomberg Stake - New York Times
ReutersMerrill Said to Be in Talks to Sell Bloomberg StakeNew York Times - 10 hours agoBy ANDREW ROSS SORKIN and MICHAEL J. de la MERCED Merrill Lynch is in negotiations to sell its 20 percent stake in Bloomberg LP, the financial data and news company founded by Mayor M
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Merrill Lynch Hires Former Bear Stearns Managing Director John R. Tyers (AHN)
(AHN) - Merrill Lynch (MER) hired former Bear Stearns senior managing director John R. Tyers. Mr. Tyers will fill the president role of Merrill's Broadcort clearing services group. - Mon, 9 Jun 2008 15:10:02 GMT (AHN)
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Chief of Merrill, Posting a Huge Loss, Emphasizes Prospects - New York Times
KLEWChief of Merrill, Posting a Huge Loss, Emphasizes ProspectsNew York Times - 41 minutes agoBy JENNY ANDERSON The outlook darkened for Merrill Lynch on Thursday as news of a huge quarterly loss sent the company’s stock plummeting.Video: Merrill takes $14bl
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Merrill Lynch May Sell Bloomberg Stake (AHN)
(AHN) - Merrill Lynch is looking to sell its 20 percent stake in financial news and data provider Bloomberg LP to a blind trust controlled by New York City Mayor Michael Bloomberg, The New York Post reported on Friday. - Sat, 5 Jul 2008 21:16:49 GMT (AHN)
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AHN - Merrill Lynch To Sell Bloomberg Stake For Roughly $4.5 Billion
(AHN) - Merrill Lynch will sell its 20 percent stake in Bloomberg LP back to the financial news and data company for roughly $4.5 billion, according to a CNBC report Wednesday after the close. - Wed, 16 Jul 2008 18:20:27 GMT (AHN)
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Merrill Lynch reports $4.9 billion loss
Merrill Lynch booked its fourth-straight quarterly loss Thursday, this time losing nearly $5 billion, as the nation's largest brokerage was forced to once again take massive writedowns.
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Merrill Lynch reports $4.9 billion loss
Merrill Lynch booked its fourth-straight quarterly loss Thursday, this time losing nearly $5 billion, as the nation's largest brokerage was forced to once again take massive writedowns.
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AHN - Merrill Lynch's Bloomberg Stock Sale Boosts NY Mayor's Worth To $17B
(AHN) - With the sale by Merrill Lynch of its 20 percent share in Bloomberg, New York City Mayor Michael Bloomberg, who owns 70 percent of the firm, will boost his net worth to $17 billion. - Thu, 17 Jul 2008 12:15:11 GMT (AHN)
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Merrill Lynch sold in $50bn deal
Merrill Lynch is sold to Bank of America in a $50bn deal amid a hectic weekend of activity on Wall Street.
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Merrill Lynch Economists Has Doomsday Forecast For Canada's Housing Market (AHN)
(AHN) - Merrill Lynch Canada economists David Wolf and Carolyn Kwan warned Ottawa that the country is in danger of suffering the same fate as the U.S. housing market. - Wed, 24 Sep 2008 12:42:01 GMT
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Merrill Lynch buys IBM's iDataPlex blades
But with whose cash? In a shameless effort to show that someone in the financial services industry is still investing in technology - and relatively exotic new blade server technology at that - IBM has announced that brokerage house Merrill Lynch, soon to be part of the Bank of America behemoth a
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Merrill Lynch confirms IT job cuts
How many coders can you get for $7bn? Merrill Lynch CEO John Thain has confirmed that the search for $7bn in cost cutting was likely to mean thousands of job cuts at the firm following its takeover by Bank of America.…
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DealBook: Merrill’s Fire Sale May Burn Others
Will Merrill Lynch's latest mark-downs spell trouble for other investment banks? That was one big question on Wall Street after Monday's surprise announcement that Merrill was selling a big pile of risky assets at a deep discount. Michael Mayo, a banking analyst at Deutsche Bank, is among those who
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Thain Says Merrill May Become Profitable `Shortly' (Update2) - Bloomberg
AFPThain Says Merrill May Become Profitable `Shortly' (Update2)Bloomberg - 38 minutes agoBy Bradley Keoun and Josh Fineman Aug. 4 (Bloomberg) -- Merrill Lynch & Co., the US securities firm that booked almost $19 billion of net losses in the past four quarters, may beco
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Merrill's bull run ends with Bank of America sale - Reuters
ABC NewsMerrill's bull run ends with Bank of America saleReuters - 57 minutes agoBy Elinor Comlay NEW YORK (Reuters) - Merrill Lynch & Co Inc is one of the largest investment banks on Wall Street, but the venerable company and its world-famous bull emblem are about to b
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Merrill, Goldman Pressured by Cuomo on Auction-Rate Debt - Bloomberg
Washington PostMerrill, Goldman Pressured by Cuomo on Auction-Rate DebtBloomberg - 18 hours agoBy David Mildenberg and Karen Freifeld Aug. 16 (Bloomberg) -- Merrill Lynch & Co. and Goldman Sachs Group Inc. face increased pressure by New York State Attorney General Andre
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Purchase of Merrill Fulfills Quest for a Bank
With its plan to buy Merrill Lynch, Bank of America is adding the most recognized name on Wall Street — and Merrill’s “Thundering Herd” of 17,000 brokers — to its empire.
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Giant Write-Down Is Seen for Merrill
Merrill Lynch is expected to suffer $15 billion in losses stemming from soured mortgage investments, almost double its original estimate.
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3 risks Merrill investors face
Merrill Lynch took additional steps to shore up its depleted capital base today when it sold $6.6 billion in preferred stock to a group of investors including Mizuho Financial Group Inc., the Kuwait Investment Authority and the Korean Investment Corp.
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