![]() Washington Post | Merrill Shares Fall After $4.65 Billion Loss Exceeds Forecasts Bloomberg - By Bradley Keoun and Josh Fineman July 18 (Bloomberg) -- Merrill Lynch & Co. tumbled in late trading after the third-biggest US securities firm posted a wider-than-forecast second-quarter loss yesterday on $9.7 billion of credit-market writedowns. Problems of Thain's Own Merrill Lynch Posts $4.65 Billion Loss In Second Quarter |
