(Reuters) - U.S. stocks were little changed on Monday as lingering worries about the subprime mortgage market offset optimism about corporate takeovers.
Shares of Bear Stearns fell 1.5 percent after the Wall Street Journal reported that investment bank Merrill Lynch has seized $400 million in assets of a troubled hedge fund at Bear Stearns Cos. Inc.
Read more at Reuters Africa
Shares of Bear Stearns fell 1.5 percent after the Wall Street Journal reported that investment bank Merrill Lynch has seized $400 million in assets of a troubled hedge fund at Bear Stearns Cos. Inc.
Read more at Reuters Africa
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