(Reuters) - Merrill Lynch's subprime mortgage-related activities did
not sap overall results, a concern of investors heading into
the quarter. The company easily beat earnings and revenue
estimates.
The world's largest brokerage said net earnings were $2.1
billion, or $2.24 a diluted share, compared to $1.6 billion, or
$1.63, in the year-earlier period.
Read more at Reuters.com Bonds News
not sap overall results, a concern of investors heading into
the quarter. The company easily beat earnings and revenue
estimates.
The world's largest brokerage said net earnings were $2.1
billion, or $2.24 a diluted share, compared to $1.6 billion, or
$1.63, in the year-earlier period.
Read more at Reuters.com Bonds News
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