All Posts Tagged With: "Merrill Lynch"
Merrill Lynch’s Thain to Remain with Bank of America
After executing a preemptive sale of investment bank Merrill Lynch & Co. Inc. (MER), Chief Executive John A. Thain will remain with Bank of America Corp. (BAC) after the merger, the Charlotte-based bank announced yesterday (Thursday).
3Oct2008 | Money Morning | 0 comments | ContinuedNo Gold, No Market, No Candlesticks
Investors and traders have long been accustomed to the convenience of price charts of stocks, Indexes, and commodities. Today, in computer display if not yet generally in commercially-available printed charts, the Japanese Candlestick format of price presentation reveals much more…
22Sep2008 | William Kurtz | 0 comments | ContinuedThe Three Signs That the Credit Crisis Has Yet to Hit Bottom
Have we seen the worst from the financial sector?”
The question - a very good one - came from an audience member following my global investing presentation at the Agora Wealth Symposium in Vancouver, British Columbia. During my entire time there,…
7Aug2008 | Money Morning | 0 comments | ContinuedBarclays Gets a $927 Million Jump Start as Japanese Banks Ramp Up Overseas
Barclays PLC (ADR: BCS), the United Kingdom’s fourth-largest bank, may get a $927 million cash infusion from Japan’s Sumitomo Mitsui Financial Group Inc. by the end of the month. The investment, which will be made through the group’s Sumitomo Mitsui…
21Jun2008 | Money Morning | 0 comments | ContinuedKuwait Sovereign Wealth Fund Considering Bigger Citigroup and Merrill Stakes
Struggling U.S. financials Citigroup Inc. (C) and Merrill Lynch & Co. Inc. (MER) may get another equity injection from state-owned Kuwait Investment Authority (KIA), the fund’s managing director told Reuters.
Their valuations would make it tempting - as both firms are trading…
4Jun2008 | Money Morning | 0 comments | Continued
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