Merrill Lynch and Co News

Posco, the world's third-largest steelmaker, took seven years to gain permission to build a mill in India, only to have the environmental approval suspended by a tribunal in March.

Billionaire investor Carl Icahn is proposing a new director to the board of drugmaker Forest Laboratories Inc.

Municipal debt is poised to trail Treasuries for two consecutive months for the first time since September as a growing U.S. economy spurs local governments to increase borrowing.

WisdomTree Investments, Inc. , an exchange-traded fund sponsor and asset manager, today announced that Jonathan Steinberg, Chief Executive Officer; and Amit Muni, Chief Financial Officer, will present at the Bank of America Merrill Lynch 2012 Smid Cap Conference on Thursday, June 7th at 3:05 p.m. ET in Boston.

Bank of America : Merrill Lynch will launch exact auth override, a strengthening of its leading card solution, ePayables.

Last year's Congressional debt standoff hurt consumer confidence more than the collapse of Lehman Brothers, Betsey Johnson and Justin Wolfers write.

NEW YORK -- Shares of the largest U.S. banks were mixed early Tuesday despite a quartet of negative analyst reports.

Gold declined for the first time in three days, set for the worst run of monthly losses since 1999, as concern that Europe's fiscal turmoil is worsening boosted the dollar.

Merrill Lynch's battle to void a $10 million arbitration ruling suffered a setback this week after a new court filing raised questions about its claims that a panel member had not disclosed her potential conflicts.

Henry Blodget, BusinessInsider aggregator-in-chief, disgraced Merrill Lynch analyst and the pundit who spent the weeks leading up to the Facebook IPO hammering on what were at face incongruous themes-overpriced Facebook stock was " muppet-bait " and Mark Zuckerberg was the greatest -is out with a new Facebook trope that's Internet fantastic: The ... (more)

Bank of America Corp A : As a result of Bank of America Corp's plan to sell real estate in order to cut costs, the bank is marketing the office campus in New Jersey's Hopewell Township, inherited from Merrill Lynch & Co.

NEW YORK -- Bank stock investors "impatient about revenue recovery" and "wary of macro tail risk" should consider First Republic Bank Penala on Friday reiterated her "Buy" rating for the San Francisco lender, with a price objective of $36, after meeting the bank's management and touring its branch facilities in Boston, saying that First Republic ... (more)

HOPEWELL TOWNSHIP - A sprawling, 450-acre Merrill Lynch office campus overlooking Interstate 95 here would be sold and leased back under a Bank of America plan to raise cash by unloading real estate.

Michelle Meyer, a senior economist at Bank of America Merrill Lynch, talks about the outlook for the U.S. economy and housing market recovery.

This week is shaping up to be the highest in terms of new-issue municipal bond volume for 2012, with $10.4 billion in new bonds slated for the week of May 21st, slightly north of the week of March 5th at $10.3 billion of sales, according to Janney Montgomery Scott .

Petroleum Development Corporation announced today that it has closed its previously announced underwritten public offering of 6,500,000 shares of common stock at a public offering price of $26.50 per share.

The riskiest part of the global corporate bond market is driving relative yields on company debt to the widest levels in more than three months as speculation mounts that the economic recovery is faltering.

Some argue local accounts do not match actual donations as headquarters have responsibility Foreign brokerages in South Korea are still not very generous in terms of charitable donations, according to a recent report.

NEW YORK -- Four large European bank U.S. subsidiaries could be on the block following downgrades of 16 Spanish banks by Moody's Investor Service.

Delta Air Lines announced Thursday it will cut capacity on trans-Atlantic routes another 5 percent after Labor Day this year, a "proactive" measure intended to blunt the impact of weaker European currency and higher fuel costs on its bottom line.