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).

"I am delighted that…

3Oct2008 | Money Morning | 0 comments | Continued

No 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 | Continued

The 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 | Continued

Barclays 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 | Continued

Kuwait 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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