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  • Sale of Merrill's Bloomberg Stake Could Come Soon Monday, 14 Jul 2008 | 5:04 PM ET

    Officials at Merrill Lynch and bankers representing Bloomberg LP are working overtime to complete the sale of Merrill's 20% stake in the financial-information powerhouse either sometime tonight or tomorrow morning, CNBC has learned.

  • Financials Lead Selloff as Worries Persist Monday, 14 Jul 2008 | 2:19 PM ET

    Financials led a market selloff as investors worried that the bailout of Fannie Mae and Freddie Mac might not be enough to prevent further turmoil in financial markets.

  • Stocks Surrender Gains as Worried Investors Bail Monday, 14 Jul 2008 | 2:08 PM ET

    The stock rally triggered by the bailout of Fannie Mae and Freddie Mac fizzled within the first half hour of trading as Wall Street wonders if it will be enough to settle the turbulent housing market.

  • Rally Fizzles as Fannie, Freddie Gains Fade Monday, 14 Jul 2008 | 11:20 AM ET

    The stock rally triggered by the bailout of Fannie Mae and Freddie Mac fizzled within the first half hour of trading as Wall Street wonders if it will be enough to settle the turbulent housing market.

  • More Merrill Assets May Be Up For Sale Sunday, 13 Jul 2008 | 4:42 PM ET

    Merrill Lynch CEO John Thain is considering selling other investments to drum up capital, not just Merrill’s stakes in financial information powerhouse Bloomberg LP, and money manager BlackRock, sources say.

  • Indexes Eke Out Gains After Wild Session Thursday, 10 Jul 2008 | 4:57 PM ET

    The Dow chart looked like a yo-yo Thursday as traders pounded financials including Freddie Mac and Lehman Brothers and oil prices surged more than $5 a barrel. Still, all three major indexes eked out gains by the closing bell.

  • Stocks Reel as Oil Surges, Financials Get Hit Thursday, 10 Jul 2008 | 3:37 PM ET

    The Dow chart looked like a yo-yo Thursday as traders pounded financials including Freddie Mac and Lehman Brothers, overshadowing any positive news the market had to offer.

  • Stocks Flail as Freddie, Lehman Get Pummeled Thursday, 10 Jul 2008 | 2:44 PM ET

    Stocks flipped and somersaulted Thursday as investors juggled worries about capital constraints at Fannie Mae and Freddie Mac with a drop in jobless claims, merger activity and encouraging retail sales.

  • Stocks Swing Wildly; Financials Get Slammed Thursday, 10 Jul 2008 | 11:26 AM ET

    Stocks flipped and somersaulted Thursday as investors juggled worries about capital constraints at Fannie Mae and Freddie Mac with a drop in jobless claims, merger activity and encouraging retail sales.

  • Merrill, Blackrock Set Talks for Stake Sale Wednesday, 9 Jul 2008 | 3:32 PM ET
    Merrill Lynch

    Merrill Lynch and Blackrock have scheduled talks over Merrill’s possible sale of at least part of its 49 percent stake in the money management firm, sources familiar with the situation tell CNBC.

  • Merrill on Verge of Downgrade, Ponders Asset Sale Wednesday, 9 Jul 2008 | 11:52 AM ET
    Merrill Lynch

    Merrill Lynch is looking at selling stakes in BlackRock or Bloomberg, and the size of the sale will depend on the size of the investment bank's second quarter loss, a person briefed on the matter said Wednesday. Fitch Ratings has placed Merrilly Lynch and its subsidiaries on Rating Watch Negative.

  • Banks, Techs Lead Rally; Oil Falls by $5 a Barrel Tuesday, 8 Jul 2008 | 5:19 PM ET

    It was another wild trading day of ups and downs but stocks ran to the finish line and pulled off a decent gain as oil dropped more than $5 a barrel.

  • Stocks Tick Higher in Volatile Session Tuesday, 8 Jul 2008 | 3:49 PM ET

    Stocks wavered in another volatile trading session Tuesday as existing-home sales fell more than expected, oil dropped $5 and Alcoa dragged on the Dow. Comments from Bernanke and a $2 drop in oil prices offered the market some support.

  • Stocks Sway as Oil Retreats, Alcoa Skids Tuesday, 8 Jul 2008 | 2:35 PM ET

    Stocks wavered in another volatile trading session Tuesday as existing-home sales fell more than expected, oil dropped $5 and Alcoa dragged on the Dow. Comments from Bernanke and a $2 drop in oil prices offered the market some support.

  • Stocks Waver as Home Sales Drop; Alcoa Skids Tuesday, 8 Jul 2008 | 10:49 AM ET

    Stocks wobbled Tuesday after a report showed existing-home sales fell more than expected in May. Comments from Bernanke and a $2 drop in oil prices offered the market some support.

  • On The Brink Of A Bear Market Monday, 7 Jul 2008 | 5:52 PM ET

    The S&P 500 finished within 1 point of the level that would confirm it is in a bear market. The Dow and Nasdaq are already trading in bear territory. What's the "Word on the Street?"

  • Stocks Land Lower to Close Wild Trading Day Monday, 7 Jul 2008 | 4:08 PM ET

    Stocks whipped back to positive territory on a seesaw day for Wall Street, which was dominated by a large dumping of financial shares and a drop in oil that staggered large energy producers.

  • Wall Street Beats Back Bears; Yahoo Gains 10% Monday, 7 Jul 2008 | 10:12 AM ET

    Stocks moved out of bear territory Monday as oil retreated more than $4 a barrel, easing inflation fears, and technology got a boost from two of its largest companies.

  • NBC Universal to Buy The Weather Channel Monday, 7 Jul 2008 | 4:32 AM ET
    Deal, Handshake

    NBC Universal, along with investment firms Blackstone Group and Bain Capital, will acquire The Weather Channel properties.

  • Merrill Will Decide on BlackRock Stake Sale Soon Monday, 7 Jul 2008 | 2:23 AM ET

    Merrill Lynch will decide whether it will sell its stake in BlackRock early this week, CNBC has learned. Merrill also held preliminary talks with Bloomberg about selling its 20 percent stake in the financial data and news provider.