Sector Glance: E-Brokers' Shares Fall (AP via Yahoo! Finance)
Story date: 2007-10-24 03:01:09
Added on: 2007-10-24 23:16:55
Shares of electronic brokerages mostly fell Wednesday after Merrill Lynch & Co. shocked financial markets by disclosing that the expected costs of bad mortgage credit were three-quarters steeper than the bank thought just three weeks ago.
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