Tag: UYG

ProShares Announces Reverse Share Split for 9 Funds

ProShares announced that it will execute reverse share splits on nine ProShares ETFs. The reverse splits will be effective for shareholders of record after the close of the markets on April 14, 2010.

Lehman, Merrill, AIG and BofA

The action over the weekend resulted in Lehman Brothers (LEH) going into bankruptcy and Merrill Lynch(MER) selling itself to Bank of America (BAC).

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