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NEW YORK (MarketWatch) - Ladenburg Thalmann on Monday said Merrill Lynch & Co.
Inc. will have to raise equity in the third quarter and could be forced to unload
20% of its stake in Bloomberg, analyst Dick Bove predicted. Bove estimated
Merrill would sell its holdings in Bloomberg for $1 billion, which would solve
any current capital issues, and [...]

Major business events and economic events scheduled for Tuesday:
WASHINGTON — Commerce Department reports on housing starts for May and on current account, first quarter, 8:30 a.m.
WASHINGTON — Labor Department reports on producer price index for May, 8:30 a.m.
WASHINGTON — Federal Reserve reports on industrial production for May, 9:15 a.m.
NEW YORK — Goldman Sachs Group Inc. [...]

NEW YORK (MarketWatch) — Lehman Bros. Holdings Inc. said Monday that its gross
assets fell by $147 billion in its fiscal 2008 second quarter. That’s a bit
higher than the amount the firm said the figure was last week when it
preannounced results for the period and said it cut about $130 billion in assets.
It said its gross [...]

GM plans new round of cost cuts, layoffs: report
By Russ Britt, MarketWatch
Last Update: 10:54 AM ET May 29, 2008
LOS ANGELES (MarketWatch) — General Motors Corp. is looking to further cut costs
as high fuel prices are taking a large bite out of truck and SUV sales, according
to a news report published Thursday.
The Wall Street Journal said [...]

NEW YORK (Dow Jones)–The $20 billion in capital raised by American International
Group Inc. (AIG) may not be enough for both itself and its troubled subsidiaries,
an analyst told clients Wednesday.
Citigroup analyst Joshua Shanker said the giant insurance holding company may
have to funnel the capital it’s already raised into its AIG Financial Products
Corp. subsidiary, the unit that [...]