A Loss and a Larger Write-Down at Merrill
309352
Much of the brokerage firmâs $7.9 billion write-down was tied to problems in the subprime mortgage market.
131833
The discount brokerage posted a larger-than-expected quarterly loss after a $2.2 billion charge related to the sale of its asset-backed securities portfolio.
318176
NEW YORK - Merrill Lynch &amp; Co. yesterday took a $7.9 billion writedown because of the summer's credit crisis, a bigger-than-expected amount that raised the specter of more trouble ahead from risky home loans.
536126
Citigroup wrote off a colossal $18.1  billion on Tuesday and secured new capital as Merrill Lynch,  also seen heading for big losses due to the U.S. subprime  mortgage meltdown, announced a $6.6 billion shot in the arm.
490917
Bank of America reported quarterly results Tuesday that fell short of Wall Street expectations, hurt by a mortgage-related writedown worth more than $5 billion.
16203
Merrill Lynch & Co Inc  on Wednesday reported its first loss in six years after writing down $7.9 billion of bad bets on risky subprime mortgages and related securities.
106588
Citigroup wrote off a colossal $18.1 billion on Tuesday and secured new capital as Merrill Lynch, also seen heading for big losses due to the U.S. subprime mortgage meltdown, announced a $6.6 billion shot in the arm.
199105
Brokerage announces weaker-than-expected results dragged lower by a writedown in the value of some of its assets.
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.
410955
Stocks dropped sharply on Wednesday as a steep quarterly loss at Merrill Lynch & Co. Inc.  and executives' warnings about possible future problems suggested the worst of the credit crisis may not be over.
78190
Once Wall Street stalwarts, the future of Merrill Lynch and Morgan Stanley are now being questioned - a sign of the broad changes in the financial landscape in recent years.
445310
The bigger-than-expected write-down of its mortgage portfolio led to a quarterly loss of $859 million, the bank said.
675355
US investment bank Merrill Lynch &amp; Co. (MER.N: Quote, Profile, Research) on Tuesday said third-quarter profit fell 8 percent, hurt by reduced trading in
238706
Stocks tumbled on Wednesday as a steep quarterly loss at Merrill Lynch & Co. Inc.  and executives' warnings about possible future problems deepened investors' concern about the credit crisis.
83018
Merrill Lynch  is expected to suffer $15 billion in losses stemming from soured mortgage investments, almost twice the company's original estimate, the New York Times reported on Friday.
55530
Merrill Lynch & Co Inc  faces a $1.5 billion third-quarter loss on its fixed-income business, driven by $4 billion in asset write-downs connected to leveraged loans and mortgages, a Goldman Sachs analyst said on Wednesday.
410209
Quarterly losses narrowed to $59 million, or 16 cents per share, from $139 million, or 43 cents per share, a year ago. Excluding about $63 million in restructuring, transformation and integration costs, the