Merrill Lynch Sells a $5 Billion Stake to Singapore Firm
11737
Merrill Lynch agreed on Monday to sell $5 billion of new stock to an investor from Singapore and a smaller stake to a domestic firm.
702016
Warren Buffett makes a $3.5bn profit from the sale of his shares in Chinese oil firm PetroChina.
144768
Merrill Lynch is expected to report today that it will add about $2.5 billion more to the $5 billion in write-downs it has already announced, a person briefed on the situation said.
671638
Merrill Lynch & Co. said Tuesday that chairman and CEO Stanley O'Neal has left the firm, less than a week after it stunned Wall Street by revealing an $8 billion hit from a bet on subprime mortgages.
565778
Morgan Stanley , the second-largest U.S. investment bank, on Wednesday posted a fourth-quarter loss after recording bigger-than-expected write-downs on assets hit by the credit crunch, and said it sold a $5 billion stake to China Investment Corp to boost capital.
104793
Struggling after two years of losses, China Eastern agreed Sunday to sell a 24 percent stake to Singapore Airlines and Temasek Holdings, the Singapore government's investment arm, company officials said.
533731
Merrill Lynch & Co Inc's  board has reached a broad consensus to remove Stanley O'Neal as chairman and chief executive, The New York Times reported on Sunday.
514172
Merrill Lynch posted a loss of nearly $10 billion in connection with soured mortgage investments.
132156
Merrill Lynch & Co Inc  shored up its capital base by as much as $7.5 billion after selling a stake to Singapore's government and an asset manager, and unloading much of a lending business, as it wrestles with huge subprime mortgage losses.
492572
Warren E. Buffett agreed Tuesday to buy a $4.5 billion stake in Marmon Holdings, an industrial holding firm, with the goal of someday owning all of it.
44175
Merrill Lynch (MER:NYSE - news - research), despite a checkered history in the energy sector, is jumping back in with its acquisition of the energy-trading business of Entergy-Koch.
533434
Merrill Lynch said it is getting a $6.6 billion cash infusion from three foreign funds: The Korean Investment Corp., Kuwait Investment Authority and Mizuho Corporate Bank.
193694
Merrill Lynch has won a key sex discrimination case brought against it by a former high-flying executive, who had accused the US investment bank of being &quot;institutionally sexist&quot; in a 7.5 million pounds lawsuit.
663380
Mitsubishi Motors Corp. said it will sell $2 billion of auto loans to Merrill Lynch &amp; Co. as part of a plan to help the automaker reduce debt.
866
General Electric Co. said Monday it will sell a majority stake in its global outsourcing business to two US-based equity firms for $500 million.
308504
Investment bank Merrill Lynch   has seized $400 million in assets of a troubled hedge fund at  Bear Stearns Cos. Inc.  and plans to sell them off, The  Wall Street Journal reported in its weekend edition.
267313
Morgan Stanley  on Wednesday posted a stunning fourth-quarter loss after recording a bigger-than-expected $9.4 billion of write-downs and said it sold a $5 billion stake to China Investment Corp to bolster its capital.