Merrill falls 3.2 percent as analyst sees write-down

Fri Jun 27, 2008 9:45am EDT
 
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NEW YORK (Reuters) - Shares of Merrill Lynch & Co Inc MER.N fell 3.2 percent to $32.00 on Friday before the opening bell as a Lehman Brothers analyst forecast Merrill Lynch will likely incur $5.4 billion of write-downs in the second quarter.

(Reporting by Walker Simon; Editing by Theodore d'Afflisio)

 

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