Merrill seen suffering $15 billion investment loss: report
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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.
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Stock futures fell on Friday as a report that Merrill Lynch & Co  will incur mortgage-related losses of nearly twice what it forecast sparked more worries about the fallout from the housing slump.
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Merrill Lynch & Co. , the biggest U.S. brokerage, said on Tuesday its fourth-quarter profit fell 1.8 percent as increased banking and brokerage revenue was offset by higher compensation and other costs.
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Merrill Lynch & Co Inc  may get up to $5 billion in a capital infusion from Singapore state investor Temasek Holdings , the Wall Street Journal reported on Thursday.
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Merrill Lynch & Co  warned on  Friday that shaky credit markets forced the world&#39;s largest  brokerage to adjust the value of securities linked to risky  subprime mortgages and other products, in a move that could  hurt third-quarter profit.
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Merrill Lynch & Co. Inc.'s  $1.3 billion bet on subprime lending hit a sour note on Monday, when the world's largest brokerage confirmed job cuts at its First Franklin Financial Corp. unit.
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Business & money: Merrill Lynch announces its second multi-billon dollar asset writedown â and a massive loss for 2007
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Merrill Lynch & Co Inc on Thursday posted a quarterly loss of nearly $10 billion after writedowns and adjustments totaling about $16 billion as bad subprime mortgage bets forced the brokerage to sell stakes in the company to foreign investors to raise capital.
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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
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Stocks fell on Wednesday as Merrill Lynch & Co. Inc  reported its first quarterly net loss in six years and earnings by Amazon.com Inc  disappointed investors.
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NEW YORK  -Stocks fell on Thursday, with the benchmark S&P 500 plummeting to a 15-month low, as news of a plunge in regional factory activity and a hefty loss at Merrill Lynch further clouded an increasingly dire view of the economy.
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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.
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Merrill Lynch warned yesterday that shaky credit markets forced it to reduce the value of securities linked to risky subprime mortgages and other products, a move that could hurt third-quarter profit.
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Merrill Lynch & Co  plans to announce about 1,600 layoffs after disclosing fourth-quarter write-downs, CNBC reported on Thursday.
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Merrill Lynch also took a write-down of more than $14 billion as subprime mortgage woes took another bite out of its balance sheet.
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Merrill Lynch & Company said today third-quarter profit fell 8 percent, hurt by reduced investment banking and trading.
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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.