Monday, June 23, 2008

Another Bear Sterns?

Merrill Lynch drops on warning rumors

Shares of Merrill Lynch & Co dropped more than 4 percent to $36.10 before the bell on Friday, a drop that traders in the United States and Europe said stemmed from market rumors that the U.S. brokerage will issue a profit warning. A company spokeswoman declined to comment.

Posted by stevie dee @ 12:52 AM (1497 views)
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