Merrill Lynch

After it was reported that Merrill Lynch (MER) CEO John Thain was after a $10 million bonus he was viciously attacked by everyone from the media to NYS... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

European Union competition authorities cleared on Friday Bank of America Corp's (BAC.N: Quote, Profile, Research, Stock Buzz) purchase of investment bank Merrill Lynch (MER.N: Quote, Profile, Research, Stock Buzz), the bloc's executive arm said in an update of merger decisions. Bank of America announced in mid-September that it would buy Merrill for $44 billion as investors fled from financial ser

Merrill Lynch, as a revered investment bank, don't know what the f*ck they are doing with mortgages, yet they go around advising clients and selling mortgage based securities. What chance do retail investors have when their trusted adviser is flying blind in its pursuit of profits?

When Merrill Lynch investment management business merged with BlackRock back in 2006, why did DSP take this long to change its name from DSP Merrill Lynch to DSP BlackRock? I guess the brand Merrill Lynch is of no good these days!

Merrill Lynch publicaba ayer un informe sobre la banca europea, donde sale mal parado el sector bancario. En concreto Santander y BBVA, figuran en la lista de los bancos europeos que necesitarian una inyección de capital. No obstante el banco de inversión afirma que cuentan ambos bancos con los mejores ratings y se encuentran entre los bancos más seguros.Increible el informe ya que hemos visto

Reliance Inds cmp: Rs 1,649.60 target price: Rs 2,910Merrill Lynch has retained its “buy” rating on the stock, saying it expects the 2-year earnings per share (EPS) CAGR in FY08-FY10E to be 40%. “RIL has one of the strongest earnings growth in our global universe. KG D6 oil and gas and RPL refinery will be main earnings drivers. RIL’s valuation is compelling now at 8.5 times on FY10E EPS a

A few days ago, it would have been nearly impossible to believe that the deals for Bank of America (BAC) to buy Merrill Lynch (MER), for Mitsubishi UFJ to buy... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

There are two parts to this answer:1) Technically the answer to this question is Yes. Your accounts are safe at these investment banks (the latter two now called bank holding companies). Even if they go through a merger, acquisition or they fail altogether, your account will still exist. SIPC insurance will cover any loss of securities in the event they are not properly accounted for once the tran

The turmoil that the financial market in the United States is going through hit a new low on Monday. This has been the most terrible day Wall Street has faced in the last 7 years. With the collapse of one of America's most respected banks, investors are now left to wonder which giant will fall next.

Investment banks face govt questions: By INDERIA SAUNDERS, Guardian Business Desk - Nassau, Bahamas: The collapse of Lehman Brothers, the forced sale of Merrill Lynch and an entire investment industry under the microscope means the Bahamian government will now ask developers partnered with those troubled players some tough questions. "I am sure we will be making some inquiries," State Ministe

Bank of America has agreed to acquire investment bank Merrill Lynch for $50 billion. Bank of America will pay up to $29 per share for the company. Merrill Lynch has lost nearly 80 percent of its value after massive losses related to its exposure to sub prime and mortgage related securities.

In a rushed bid to ride out the storm sweeping American finance, 94-year-old Merrill Lynch & Co. agreed late Sunday to sell itself to Bank of America Corp. for $50 billion.The deal, worked out in 48 hours of frenetic negotiating, could instantly reshape the U.S. banking landscape, making the nation's prime behemoth even bigger. Late Sunday night, the companies' boards had approved the deal, bu

Falling under the “you’ve got to be kidding” category, Bank of America agreed to buy Merrill Lynch & Co to what equates to about $29 a share!  This offer means that Bank of America would pay a 70% premium over Merrill’s closing price on Friday, which is just unbelievable. This will make this stock extremely interesting [...]

Merrill Lynch downgraded Wachovia Wednesday sending the stock down nearly 7 percent. Merrill expects Wachovia to "underperform" the broader market index. Wachovia is currently the 4th largest bank in the U.S.

On CNBC's MAD MONEY tonight, Jim Cramer came out and added the Merrill Lynch (NYSE: MER) CEO John Thain to his "Wall of Shame" full of CEO's that he wants to... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Merrill Lynch took necessary actions to raise capital by selling $8.5 billion worth of stock and liquidating nearly $30.6 billion of assets trading at nearly one fifth their initial value. CEO John Thain is looking to sell off all of the company's CDOs, which have accounted for nearly $18.7 billion in losses over the last few quarters.

As Citigroup earnings posts better than forecast earnings, the USD took off across the board.  With a lack of major data planned for today, we’ll see if the USD can hold these gains. Citigroup posts $2.5 billion second-quarter loss Mortgage Giant Freddie Mac Considers Major Stock Sale Merrill Lynch Posts Fourth Straight Quarterly Loss Google, Microsoft Slide; Earnings Show [...]

Finding the the next shoe to fall is how you make a big fortune out of wall street’s packet. Lehman: More Real-Estate Woes LEHMAN BROTHERS’ REAL-ESTATE PROBLEMS, including an equity stake in the leveraged buyout of apartment developer Archstone-Smith, continue to plague it. The firm, which stunned Wall Street last week by disclosing that it expects [...]

John Thain, current CEO of Merrill Lynch, stated Wednesday that he would considered selling both its stakes in Bloomberg and in BlackRock if the company were to need further capital. Merrill Lynch has already raised $12 billion from outside investments; however, if things get worse selling Bloomberg and BlackRock may be the investment banks best choice.

Merrill Lynch: Countrywide Losses Likely $10B-$12B -CNBC Last Update: 6/4/2008 10:05:12 AM DOW JONES NEWSWIRES Merrill Lynch & Co (MER) said Countrywide Financial Corp.’s (CFC) cumulative losses are likely to rise to between $10 billion to $12 billion, CNBC reported Wednesday. The losses will force similar mark-to-market writedowns for buyer Bank of America Corp. (BAC), said Merrill. Me

Viet Nam is exposing signals of an inflation shock, Merrill Lynch said in a report entitled “Viet Nam: Anatomy of an inflation shock.” First, Merrill Lynch indicates that the fast rising inflation makes the central bank to have strong reaction by tightening monetary policy. Second, tight liquidity and high interest rates worsen economic growth outlook. Third, prices in the stock market and

At a conference yesterday in Singapore, New York City-based financial services giant Merrill Lynch warned the U.S. economy is in a recession that will become more apparent as the year drags on. According to Channel NewsAsia yesterday: Merrill Lynch said the world’s largest economy is already in a recession, and it expects to see a [...]

ASIA'S strong economic growth will persist despite an ailing US economy as the region diversifies its export markets and a new breed of young and wealthy citizens drive consumption, investment bank Merrill Lynch said on Wednesday. Inflation is a bigger risk to the region than a slowdown induced by a recession in the United States, the world's biggest economy, said Timothy Bond, Merrill Lynch's ch

Jeff McDowell, of Research In Motion (RIM) will present at the Merrill Lynch Technology Conference 2008 in New York, NY on Tuesday, May 6, 2008.  Read more...

Why a Wall Street firm wants to save a forest in Sumatra? Byline: Marc Gunther CNN - April 18, 2008 Original URL The business of "carbon farming" is growing fast -- and Merrill Lynch is the latest big company to bet that it will become profitable. What's carbon farming, you ask? It's a business designed to recognize the value created when trees store carbon dioxide and prevent global warming. So people who plant new trees or prevent existing trees from destruction can get paid for doing so. That doesn't mean that the tree in your backyard or mine will help pay college tuition or fund a 401(k). For now, the payments are going to villagers in the developing world who agree to protect endangered forests. Starbucks (SBUX, Fortune 500), Marriott (MAR, Fortune 500) and Rio Tinto (RTP

Merrill Lynch (MER) turned in a truly aweful quarter. The financial company reported a net loss from continuing operations for the first quarter of 2008 of... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Citigroup (NYSE: C) is expected to post write-downs of as much as $12 billion in first quarter and have a loss of over $3 billion. Merrill Lunch (NYSE: MER)... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

eBay, Inc. (NASDAQ: EBAY) shares are trading higher in pre-market activity this morning after Merrill Lynch issued an upgrade today. The brokerage firm raised... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

US Investment Bank - Merrill Lynch has picked plywood manufacturer Ta Ann Holdings Bhd, gaming operator Resorts World Bhd and banking group AMMB Holding Bhd as its most preferred stocks in Malaysia.The bank believes the three stocks will appeal to investors with an investment horizon of less than 12 months.Merrill, in a report yesterday listing its favourite and least preferred stocks for April, said it replaced MMC Corp with Ta Ann as it believes the latter will benefit from a cyclical recovery in plywood prices.It has a target of RM10.15 on the stock, implying a 50 per cent upside from its closing price of RM6.75 yesterday.Ta Ann, whose shares have been rising since mid-February, is also deemed a "buy" by at least five of six other research houses that track the company. This includes Cr

Merrill Lynch has made a key reversal call in the conglomerate sector. It has raised General Electric (NYSE: GE) to Buy from Neutral, and it has downgraded 3M... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

This is just becoming all too familiar in the financial stocks, and the bears are still in charge since we can't hold a major up-day. Merrill Lynch & Co.... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Financial News Online Merrill Lynch, which was the most efficient Wall Street bank using risk in its trading business to generate revenues in 2006, is now falling behind its rivals, according to research by Financial News. Trading efficiency measures the sales and trading revenue banks generate for a given unit of risk taken. It is calculated by dividing revenues from sales and trading by the bank’s stated risk exposure. Value at risk measures potential loss due to adverse market movements in a defined period with a specified confidence level. In 2006 Merrill Lynch had trading revenues of $14.3bn (ˆ9.2bn) and an average VaR during the year of $50m, meaning it generated $286 in revenue per $1 of trading risk. Last year the bank’s average VaR increased to $65m but tradi

Merrill Lynch (NYSE: MER) raised some $6.2 Billion today, or at least up to that amount, and that is not inclusive of the unit sale to General Electric... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

General Electric (NYSE: GE) is acquiring most of Merrill Lynch Capital, which is the unit of Merrill Lynch (NYSE: MER) wholly-owned middle-market commercial... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

President Bush said today at a White House news conference that the nation's economic "fundamentals are strong,” and that his administration will "consider all options” to prevent a recession from happening in the United States. The White House may be late to the party, according to two articles I came across today. The Toronto-based Globe and Mail said that a Merrill Lynch recession probability indicator is pointing to a "painful and pronounced downturn next year” for the U.S. economy. According to the Globe, Merrill Lynch uses the U.S. National Bureau of Economic Research's definition of recession, which is a significant decline in economic activity lasting more than a few months and evident across economic measures including GDP, employment, and retail sales. Their recession probability indicator looks at a combination of the yield curve and corporate spreads, and is now signaling that there is a 100% probability that a U.S. recession will take place within the next

It seems while Merrill Lynch (MER) was losing all of that money on mortgage-backed financial... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

I just the love the way these things are phrased After writing off twice the amount pre-announced and having unauthorizes merger discussions with Wachovia (WB), Merill's (MER) CEO Stan O'Neal has "decided" to leave the firm according to sources. On Friday I speculated "O'Neal may have been trying to negotiate himself a nice buyout severance package knowing what was coming down the pike." It turns out there is quite a bit of truth to that. According to Merrill's proxy, O'Neal would be entitled... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

After taking Merrill Lynch's (MER) stock from $35 in early 2003 to $98 earlier this year, the... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

The New York Times is reporting that Merrill Lynch (MER) CEO Stan O'Neal is out after the firm... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Merrill Lynch (MER) this morning actually may have done the impossible, they made Citigroup (C) shareholders sit back and say "at least we are not them".. Merrill had warned in early October that it would post a net loss of up to $.50 a share because of writing down $4.5 billion in collateralized debt obligations and subprime mortgages. Merrill today reported a net loss of $2.24 billion, or $2.82 a share, compared with net income of $3.05 billion, or a $3.17 share last year. The actual... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Merrill Lynch (MER) reported a net loss from continuing operations for the third quarter of $2.3... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

The list is very long today, so this will have to be confined to the best of the worst. Radian... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Merrill Lynch has a long tradition as one of the world’s leading wealth management, capital markets and advisory companies. We’re also one of the largest banks in Ireland. Merrill Lynch Dublin have a number of excellent opportunities for college leavers looking to start their careers in the financial services industry. These roles will provide candidates with an opportunity to learn a great deal about our business, develop long-lasting key relationships and to build the skills necessary in a career. As a result of our scale, we can offer you opportunities to do work of enormous global impact.About Global Markets & Investment Banking Services:The Merrill Lynch Global Markets & Investment Banking Services (GMIS) group is responsible for processing, clearing and settling trades in securities and listed derivatives, custody and safekeeping assets. We are also leading providers of related reporting and client services. Our organisation is standards driven with front-to-back tran

Boston Properties, Inc. , a real estate investment trust, announced today that it will participate in the Merrill Lynch Global Real Estate Conference in New York on Wednesday, September 19, 2007. Edward H. Linde, the Company's Chief Executive Officer, and Douglas T. Linde, President and Chief Financial Officer, will present a brief Company overview followed by a question and answer session scheduled to begin at 9:30 a.m. The presentation will be archived and available for 14 days after the conference on the Merrill Lynch website and in the Investor Relations section of the Company's website under News and Events.

Merrill Lynch downgraded Countrywide Financial (CFC) to a sell today. It has had a buy on the stock... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

In the below release, the NASD announced that it had “fined Merrill Lynch, Pierce, Fenner & Smith Inc. $5 million for supervisory failures, registration violations, impermissible sales contests and other violations in connection with the operation of its Financial Advisory Center (FAC) located in Hopewell, NJ and Jacksonville, FL.” NASD Press Release

An affiliate of GIC Real Estate, the property investment arm of the Government of Singapore Investment Corporation, has agreed to purchase Chapterhouse Holdings Limited whose primary asset is the Merrill Lynch Financial Centre (MLFC) at 2 King Edward Street. MLFC is leased by Merrill Lynch for a term of 15 years with renewal rights extending significantly beyond the initial term.

Merrill Lynch & Co. said Thursday its first-quarter profit soared, surpassing Wall Street expectations thanks to strong investment banking activity. Excluding a charge incurred last year related...

Global financial services major Merrill Lynch on Wednesday said, it plans to roll out more products for NRIs as it aims to become the biggest private banker catering to the niche market."With $360 billion in investable assets, the 22 million Non-Resident Indians are an important growth area for us," Rahul Malhotra, Merrill Lynch's head of India Global Private Client, told PTI."We are leveraging the global business by rolling out products and developing talent, which will result in the largest private banking businesses in NRI segment," he added.The company would also double the number of financial advisors serving Indian clients this year, both within the country and living abroad."We plan to grow the clients' assets under management for both onshore and offshore India by 8-10 times in the next three years," Malhotra said.Merrill Lynch has had a long experience in India through its partnership with DSPML, which gives it a great advantage over other firms as it boosts of both global e

El banco americano Merrill Lynch ha elevado esta mañana el precio objetivo de la segunda eléctrica del país desde 36 a 39,5 euros, por lo que el 100% de la compañía costaría 36.000 millones de euros, según esta valoración.http://mercado-continuo.blogspot.com