MER
MER Articles
Davis Selected has bought 5.1% of MBIA (MBI). Just a few days ago, the fund put money into Merrill Lynch (MER). MBIA shares are rising on the news, up 11% to $22.29. The investment is almost...
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Berkshire Hathaway (BRKA) has over $43 billion in cash on its balance sheet. It could buy most US public companies without borrowing a dime. Berkshire’s chief, Warren Buffett could put his money to...
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According to Reuters, Merrill Lynch (MER) raised enough money to increase its capital by $5.7 billion. Reuters writes that US shoppers came out in strength over the "Super Saturday" weekend. Sales on...
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Merrill Lynch (NYSE: MER) raised some $6.2 Billion today, or at least up to that amount, and that is not inclusive of the unit sale to General Electric (NYSE:GE). The breakdown is for up to $5...
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General Electric (NYSE: GE) is acquiring most of Merrill Lynch Capital, which is the unit of Merrill Lynch (NYSE: MER) wholly-owned middle-market commercial finance business. Unfortunately the...
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The mortgage-backed financial instruments that have gone such a long way to hurt brokerages like Merrill Lynch (MER) and banks like Citigourp (C) may be just the start of a wave of writes-offs.The...
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Saudi Arabia is sick of the big sovereign funds in China and Abu Dhabi kicking sand in its face. The country plans to put a fund in place that will "dwarf Abu Dhabi’s $900bn" fund according to the...
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According to Reuters India’s Tata is about to close a deal to buy Jaguar and Rover from Ford (F). Reuters writes that the IMF says that the subprime mortgage problem will slow growth in the US...
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Whether or not the markets comply going into year-end is a completely different issue. But these brokerage stocks look like they are trying to find a bottom as they throw out all that they can. ...
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24/7 Wall St. has evaluated over 200 CEOs in order to select it CEO of the Year. Six finalists were chosen from the list. The measurements were based on company stock performance for the last two...
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24/7 Wall St. has evaluated over 200 CEOs in order to select it CEO of the Year. Six finalists were chosen from the list. The measurements were based on company stock performance for the last two...
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After the close of trading on Wednesday, Hoku Scientific, Inc. (NASDAQ: HOKU) announced that it signed a non-binding term sheet with Merrill Lynch (NYSE:MER) to borrow up to roughly $185 million for...
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According to Reuters, a study by America’s Research Group says most shoppers will wait to buy until late in the month, looking for sales. Reutes writes that Nasdaq (NDAQ) has opened its office in...
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According to Reuters, Citigroup (C) is selling up to 4.9 percent of itself for $7.5 billion to the investment arm of the Abu Dhabi government. Reuters writes that retail stocks fell despite...
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The brokers at Merrill Lynch (MER) are tired of the lack of respect that they have had over the last several years. Stan O’Neal, the former CEO, treated them and their chief like dirt. Now that...
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