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Market Currents

Thursday, July 17, 2008
4:30 PM TweetThis
  • Merrill Lynch (MER): Q2 EPS of -$4.95 misses by $3.04. Net losses on CDOs of $3.5B and hedging losses of $2.9B. Estimated book value per share falls to $21.43 from $25.93 in Q1. Shares -4.5%. [PR]
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