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Scott Patterson

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‘Bloodbath’ or Overreaction? When it Comes to Subprime, The Jury is Still Out HW+

Jul 17, 2007By

A quick scan of the Wall Street Journal today offers a glimpse into what has become a pretty confusing market. Merrill Lynch reported earnings this morning that beat analyst estimates by roughly 11 percent, booking net income of $2.14 billion in the second quarter, up 31 percent from the year-ago period.

3d rendering of a row of luxury townhouses along a street

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