Wall St slips as drug M&A overshadows banks (Reuters)

Posted by admin on March 10, 2009 under News | 2 Comments to Read

Wall St slips as drug M&A overshadows banks (Reuters)

Bernard Madoff leaves US Federal Court after a hearing regarding his bail on January 14, 2009 in New York. An international alliance of lawyers representing victims of alleged Wall Street fraudster Bernard Madoff was to meet Monday in New York as expectations grew that the disgraced financier will plead guilty.(AFP/File/Timothy A. Clary)Reuters – U.S. stocks fell in choppy trade and the Nasdaq slid to a fresh 6 and 1/2-year low on Monday as shares of the biggest drugmakers fell after Merck’s proposed a $41 billion takeover of Schering-Plough .


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