A Major Stumble at Merrill Lynch
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Is anybody home in Merrill's risk-management department?
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Stocks fell 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.
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Although Singapore was the major source of Merrill Lynchâs $6.2 billion infusion, Merrillâs other investor, Davis Selected Advisors, was a bit of a dark horse.
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Merrill Lynch & Co Inc  reported about $16 billion in mortgage-related write-downs and adjustments on Thursday in the worst quarter of the company's history.
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Wall Street stocks endured a volatile session on Wednesday in which a $7.9bn writedown at Merrill Lynch revived worries about banks' exposure to risky investments.
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Weak manufacturing data and massive losses at Merrill Lynch send US shares tumbling sharply lower.
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Leading blue chip shares ended sharply lower, sliding into the red in late trade.
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Stocks dropped sharply on Thursday as 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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Knight Trading suffers through the midst of some real trading doldrums.
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Merrill Lynchâs announcement of a $6.2 billion investment set off a small rally in financial shares.
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Botched guidance annoys this investor.
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Citigroup Inc. shares had their biggest one-day drop in 18 months after Merrill Lynch &amp; Co. cut its rating on the stock because Japanese regulators shut the bank&#39;s Tokyo-based private banking unit.
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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 reported about $16 billion in mortgage-related writedowns and adjustments on Thursday in the worst quarter of the company's history.
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The brokerage unit's IPO tumbles below its opening price.
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Merrill Lynch & Co Inc's  move  to accelerate vesting on previously awarded stock-based pay to  employees could add to the huge fourth-quarter loss already  expected by analysts.
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Shares of Merrill Lynch & Co rose as  much as three percent on Monday as investors bet the biggest  U.S. brokerage wouldn't keep investors waiting too long before  announcing a replacement for Stan O'Neal, who presided over the  biggest quarterly loss in the firm's 93-year history.