S&P Downgrades Merrill Lynch after "Startling" Loss

Story date: 2007-10-24 08:46:00
Added on: 2007-10-24 11:00:31

BusinessWeek - We expect management to initiate a major retrenchment in the mortgage and CDO sectors. We continue to view Merrill Lynch's ... Any advice, analysis, or recommendations contained in articles labeled "Insight from Standard & Poor's" reflect the views of ...


Read more...

Related Stories:

• Merrill to write down $5.5 bln (Reuters via Yahoo! News)

  Merrill Lynch & Co said on Friday it would write down $5.5 billion for bad bets on subprime mortgages and leveraged...
  2007-10-05 12:45:54

• Merrill to write down $5.5 bln (Washington Post)

  NEW YORK (Reuters) - Merrill Lynch & Co (MER.N) said on Friday it would write down $5.5 billion for bad bets on...
  2007-10-06 09:17:57

• Merrill to write down $5.5 billion (Reuters via Yahoo! News)

  Merrill Lynch & Co said on Friday it would write down $5.5 billion for bad bets on subprime mortgages and leveraged...
  2007-10-05 07:54:04

• Stocks: Best and Worst Sectors for '08 (BusinessWeek)

  S&P reviews the performance of key groups as the current year draws to a close—and names the sectors its analysts like for...
  2007-12-19 06:36:22

• Galvin seeks testimony from Merrill Lynch employees

  Boston Globe - ... said he has subpoenaed testimony from two employees of Merrill Lynch & Co. in connection with a...
  2008-01-14 10:00:00

• Help wanted: Merrill Lynch CEO

  CNN Money - ... reasons Merrill hasn't lined up anyone just yet to lead the firm out of the crisis sparked...
  2007-10-30 03:48:00

• Another brutal day on Wall Street (CNN Money)

  Stocks tumbled Thursday, extending the 2008 selloff on recession worries following comments from Federal Reserve Chairman Ben Bernanke, a big quarterly loss...
  2008-01-17 03:40:15

• Yen Rises on Report of Merrill $15 Billion Writedown (Correct)

  Bloomberg - ... the New York Times reported Merrill Lynch & Co. may take a $15 billion writedown on losses tied...
  2008-01-10 10:55:00