Debt Help Debt Free - Merrill to sell $8.5 bln stock after big write-down
Merrill to sell $8.5 bln stock after big write-down
NEW YORK (Reuters) - Merrill Lynch & Co (MER.N) said on Monday it will take a $5.7 billion third-quarter write-down as it unloads huge amounts of risky debt, and will raise $8.5 billion by selling new stock.
Source: www.washingtonpost.com
All Too Personal Finances
Cyndi Lauper is right when she sings, “money changes everything.” The abundance or lack of it does change everything.
Source: www.washingtonpost.com
MetLife shares fall on profit drop, weak forecast
NEW YORK (Reuters) - Shares of MetLife Inc (MET.N) fell more than 5 percent on Wednesday, a day after the largest U.S. life insurer reported lower quarterly earnings and cut its 2008 profit forecast.
Source: www.washingtonpost.com
Merrill to sell $8.5 bln stock after big write-down
NEW YORK (Reuters) - Merrill Lynch & Co (MER.N) said on Monday it will take a $5.7 billion third-quarter write-down as it unloads huge amounts of risky debt, and will raise $8.5 billion by selling new stock.
Source: www.washingtonpost.com
All Too Personal Finances
Cyndi Lauper is right when she sings, “money changes everything.” The abundance or lack of it does change everything.
Source: www.washingtonpost.com
MetLife shares fall on profit drop, weak forecast
NEW YORK (Reuters) - Shares of MetLife Inc (MET.N) fell more than 5 percent on Wednesday, a day after the largest U.S. life insurer reported lower quarterly earnings and cut its 2008 profit forecast.
Source: www.washingtonpost.com
