International Business News - MERPO http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Even as Wall Street skids lower almost by the day, and the major indexes have touched the levels of a bear market, some analysts are actually finding some signs in the performance of small-company stocks that might be pointing to the early stages of a much broader recovery. http://www.ibtimes.com/data/articleimgs/86208-wall-street.jpg http://www.ibtimes.com/articles/20080705/small-cap-stock-run-could-herald-broader-recovery.htm http://www.ibtimes.com/articles/20080705/small-cap-stock-run-could-herald-broader-recovery.htm Sat, 05 Jul 2008 04:17:52 EDT Even as Wall Street skids lower almost by the day, and the major indexes have touched the levels of a bear market, some analysts are actually finding some signs in the performance of small-company stocks that might be pointing to the early stages of a much broader recovery. http://www.ibtimes.com/articles/20080703/small-cap-stock-run-could-herald-broader-recovery.htm Thu, 03 Jul 2008 15:04:06 EDT At least five Wall Street firms warned Massachusetts officials--but not most individual investors--before February's collapse in the market for a type of bond that many had viewed as safe investments, The Boston Globe reported Thursday. http://www.ibtimes.com/articles/20080703/firms-warned-mass-of-investment-markets-failure.htm Thu, 03 Jul 2008 13:00:49 EDT Shares of investment banks rose early Thursday as the broader market gyrated after the Labor Department said the unemployment rate held steady at 5.5 percent in June. http://www.ibtimes.com/articles/20080703/opening-glance-investment-banks.htm Thu, 03 Jul 2008 09:57:38 EDT Deutsche Bank analyst Mike Mayo revised his second-quarter and 2008 estimates for Merrill Lynch & Co. Tuesday night, and now expects the investment bank to lose money because of larger-than-expected write-downs. http://www.ibtimes.com/articles/20080703/ahead-of-the-bell-merrill-lynch.htm Thu, 03 Jul 2008 07:30:06 EDT Oppenheimer & Co. analyst Meredith Whitney slashed her estimates for Merrill Lynch & Co. based on an increase in write-downs, saying she now expects the investment bank to lose money in the second quarter and for the full year. http://www.ibtimes.com/articles/20080702/analyst-slashes-estimates-for-merrill-lynch.htm Wed, 02 Jul 2008 10:40:22 EDT Shares of investment banks were mixed early Wednesday after Oppenheimer analyst Meredith Whitney said she now expects Merrill Lynch & Co. to post a loss of $4.21 per share in 2008 on continued weakness in the credit markets, far greater than the average $1.36 per share loss expected by Wall Street, according to Thomson Financial. http://www.ibtimes.com/articles/20080702/opening-glance-investment-banks-mixed.htm Wed, 02 Jul 2008 10:14:27 EDT Shares of investment banks rose Tuesday as the broader market rebounded from a steep drop earlier in the session after oil prices eased off a new record. http://www.ibtimes.com/articles/20080701/closing-glance-investment-banks.htm Tue, 01 Jul 2008 16:05:53 EDT Shares of investment banks most investment banks rose early Tuesday as the broader market declined amid continued worry about how rising oil prices will affect the economy. http://www.ibtimes.com/articles/20080701/opening-glance-investment-banks-gain.htm Tue, 01 Jul 2008 10:05:57 EDT The New York Times on Monday received three Loeb Awards, among the highest honors in business journalism, while Fortune magazine's Allan Sloan won his seventh Loeb Award. http://www.ibtimes.com/articles/20080630/n-y-times-wins-3-loeb-awards-sloan-gets-his-7th.htm Mon, 30 Jun 2008 22:59:22 EDT Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market: NYSE http://www.ibtimes.com/articles/20080630/h-r-block-merrill-lynch-yahoo-among-big-movers.htm Mon, 30 Jun 2008 17:27:37 EDT Among the premarket stories for Monday, June 30, from AP Financial News: NEW YORK (AP)--A Citi Investment Research analyst named Google Inc. a top pick Monday, recommending the company's shares over Expedia Inc.'s because of economic trends that favor the search engine operator. http://www.ibtimes.com/articles/20080630/premarket-roundup-google-merrill-lynch.htm Mon, 30 Jun 2008 11:55:46 EDT Shares of investment banks fell in Monday morning trading, as an analyst said Merrill Lynch & Co. is likely to post a loss during the fourth quarter and might need to raise capital. http://www.ibtimes.com/articles/20080630/opening-glance-investment-banks.htm Mon, 30 Jun 2008 11:55:45 EDT A Keefe, Bruyette & Woods Inc. analyst on Monday cut her financial forecast and price target for investment bank Merrill Lynch & Co. because of expected further write-downs on its mortgage-related securities. http://www.ibtimes.com/articles/20080630/ahead-of-the-bell-merrill-lynch.htm Mon, 30 Jun 2008 07:53:23 EDT Wall Street ended a grueling first half quietly Monday, closing mixed as investors again based their trades on what has become the dominant force in the market: the price of oil. The major indexes closed out the first six months of 2008 with double digit declines, and are perilously close to the levels of a bear market. http://www.ibtimes.com/data/articleimgs/82762-wall-street.jpg http://www.ibtimes.com/articles/20080630/us-stocks-head-for-mixed-open-as-oil-tops-143.htm http://www.ibtimes.com/articles/20080630/us-stocks-head-for-mixed-open-as-oil-tops-143.htm Mon, 30 Jun 2008 18:34:01 EDT Del Monte will sell its seafood business, which includes the StarKist brand, to a South Korean company for $363 million as it focuses on higher margin produce and pet foods. http://www.ibtimes.com/articles/20080630/del-monte-sells-seafood-unit-to-koreas-dongwon.htm Mon, 30 Jun 2008 07:03:20 EDT Wall Street ended a depressing week with another big loss on Friday, with the Dow Jones industrials falling more than 100 points amid ever-escalating worries about high oil prices and fallout from the credit crisis. The major indexes are all down more than 3 percent for the week. http://www.ibtimes.com/data/articleimgs/81681-wall-street.jpg http://www.ibtimes.com/articles/20080628/wall-street-extends-losses-in-volatile-week.htm http://www.ibtimes.com/articles/20080628/wall-street-extends-losses-in-volatile-week.htm Sat, 28 Jun 2008 04:27:40 EDT Oil near $143 on view dollar will keep falling NEW YORK (AP)--Oil futures climbed to a new record near $143 a barrel Friday as the dollar weakened against the euro, confirming expectations that the falling greenback, a major factor in crude's stratospheric rise, will extend its decline and add to oil's appeal. http://www.ibtimes.com/articles/20080627/business-highlights.htm Fri, 27 Jun 2008 18:06:24 EDT Most diversified financial-services stocks suffered another big decline on Friday as oil prices climbed higher and bad news about the troubled financial sector continued to pile up. http://www.ibtimes.com/articles/20080627/closing-glance-most-diversified-financials-drop.htm Fri, 27 Jun 2008 16:27:13 EDT John Thain, the chief executive of Merrill Lynch, topped the list of the most highly paid chief executives in the financial sector. AP examined 2007 CEO pay data from the 410 companies in the S&P 500 that filed compensation disclosures with federal regulators in the first six months of this year. The following are the top earners at companies in the financial sector. http://www.ibtimes.com/articles/20080627/the-highest-paid-financial-company-ceos.htm Fri, 27 Jun 2008 15:07:49 EDT