SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (96696)7/16/2002 4:31:14 PM
From: Amir Shalit  Read Replies (2) | Respond to of 132070
 
We are doing great excluding the loss <BG>

PITTSBURGH (Reuters) - Money manager and financial services firm Mellon Financial Corp.(NYSE:MEL - News) on Tuesday reported a drop in quarterly profit after taking a hefty provision to cover a $100 million unsecured loan to troubled telecoms giant WorldCom.

Excluding the special provision for loan losses, earnings were in line with forecasts of analysts polled by research firm Thomson First Call, who had expected earnings ranging from 40 cents to 49 cents a share, with a mean estimate of 47 cents.



To: RealMuLan who wrote (96696)7/16/2002 4:56:15 PM
From: Knighty Tin  Read Replies (1) | Respond to of 132070
 
YZ, Sid Glickenhaus was talking the D word in Barron's this week. I think it's possible, but a deep recession is more likely. Not a double dip, though, as we haven't had the first dip yet, at least not officially. Richebacher is calling for much of the same.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News