Merrill Lynch and Co Newswire

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Results 1 - 20 of 643 in Merrill Lynch and Co

  1. InfraREIT, owner of electrical transmission assets in Texas, files for IPORead the original story

    Friday | SNL Financial

    InfraREIT Inc., an externally managed REIT that owns rate-regulated electric transmission and distribution assets, filed Dec. 19 for an In a Form S-11 filing, the company did not specify a share count or price range for the offering, but set a proposed maximum aggregate offering price, for the purpose of calculating the registration fee, of $400 million. Immediately following the consummation of the offering, InfraREIT Inc. will merge with InfraREIT LLC, which owns electric transmission and distribution assets in Texas and leases them to , a regulated utility.

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  2. Oil Crash Exposes Weakness in Shale Drillers' Insurance: EnergyRead the original story

    Friday Dec 19 | The Washington Post

    At least six companies, including Pioneer Natural Resources Co. and Noble Energy Inc., used a strategy known as a three-way collar that doesn't guarantee a minimum price if crude falls below a certain level, according to company filings.

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  3. The Pantry-Couche-Tard deal: Now, it's the lawyers' turnRead the original story w/Photo

    Friday Dec 19 | Business Journal

    New York law firm Kirby McInerney LLP is investigating "potential claims" against the company, and, as with the other firms involved, its investigation centers around the proposed acquisition by Couche-Tard, the parent company of Circle K , announced Thursday. Under the terms of the merger agreement, Pantry stockholders get $36.75 in cash for each share of Pantry common stock.There are 23.44 million outstanding shares of the company.

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  4. EXCLUSIVE-AdvisorHUB site tried to sell broker data to major wirehousesRead the original story w/Photo

    Friday Dec 19 | AlertNet

    AdvisorHUB, a year-old gossip and news website for the brokerage industry, has become such a part of brokers' daily reading routine that some call it the "New York Post of financial news." The website's founder, Andrew Parish, says the site has 200,000 registered users and gets half a million unique hits a month.

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  5. What to Do About Greedy ClientsRead the original story w/Photo

    Thursday Dec 18 | On Wall Street

    Top Planning Concerns for UHNW Clients Working with UHNW clients requires more than solid investment management and estate planning, according to advisor Paul Pagnato, founder of the Pagnato-Karp Group. Here are some of the other critical planning areas that advisors need to pay attention to.

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  6. U.S. Investors Sell Foreign Bonds as Treasury Yields AttractRead the original story

    Thursday Dec 18 | Bloomberg

    U.S. investors sold foreign bonds this year at the fastest rate ever in a move to repatriate assets as record-low yields in overseas sovereign securities prompted an exodus. Americans divested $94 billion more securities than they purchased during the first 10 months of this year, the most for the period according to Treasury data dating back to 1977 compiled by Bloomberg.

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  7. Oil Crash Exposes Shale Drillers in Risky Three-Way BetsRead the original story

    Thursday Dec 18 | Bloomberg

    Tumbling oil prices have exposed a weakness in the insurance that some U.S. shale drillers bought to protect themselves against a crash. At least six companies, including Pioneer Natural Resources Co.

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  8. Junk Debt Rebounds as Investors Buoyed by Fed PledgeRead the original story

    Thursday Dec 18 | Bloomberg

    Demand for junk-rated debt is bouncing back from a selloff triggered by plunging oil prices on optimism that the Federal Reserve will be in no rush to raise interest rates next year. The risk premium on the Markit CDX North American High Yield Index, a credit-default swaps benchmark tied to the debt of 100 speculative-grade companies, declined 10.8 basis points to 358.2 basis points at 1:10 p.m. in New York .

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  9. Mortgage-Bond Yield Spreads Tighten on ThursdayRead the original story w/Photo

    Thursday Dec 18 | National Mortgage News

    Yields on government-backed mortgage securities narrowed to the least relative to benchmark debt in more than two years, cushioning the blow of a slump in Treasuries for homebuyers. Yields on benchmark Fannie Mae-guaranteed 30-year bonds narrowed to within 0.92 percentage point of an average of those on five- and 10-year Treasuries as of 1:25 p.m. on Thursday in New York, down from 0.99 percentage point on Dec. 16, according to data compiled by Bloomberg.

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  10. Ex-TPG Japan Head Tsusaka Starts Alternative-Investment FirmRead the original story

    Thursday Dec 18 | The Washington Post

    Tsusaka's Nippon Sangyo Suishin Kiko Ltd. will seek to raise tens of billions of yen next year for its first fund, which will buy stakes in smaller private and listed Japanese firms, he said in a Dec. 17 interview in Tokyo. Other founders include Akio Ishida, previously vice chairman of TPG Capital Japan, and Kenju Watanabe, a former mergers and acquisitions lawyer at Skadden Arps Slate Meagher & Flom LLP.

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  11. Behind Russia's Current Crisis: It's Not the Ruble, It's PutinRead the original story

    Wednesday Dec 17 | TheStreet.com

    NEW YORK -- If the market were to write a letter to the Russian president, it would begin like this: "Dear President Putin. It's not the ruble.

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  12. Energia Eolica brings dawn to LatAm green bond marketRead the original story w/Photo

    Wednesday Dec 17 | Latin Finance

    Peruvian windfarm operator Energia Eolica became the first Latin American issuer to sell a green bond when it priced a 6% $204m 2034 project bond in mid-December . Strong demand from Peruvian pension funds allowed Bank of America-Merrill Lynch and Goldman Sachs to significantly tighten the transaction despite its small size, LatinFinance heard.

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  13. BofA Stock Strategist: Buy Main Street, Sell Wall Street in 2015Read the original story w/Photo

    Wednesday Dec 17 | News Max

    The best trade idea of 2015 may be to buy stocks that benefit from a stronger U.S. consumer while shunning investments that have gained from monetary stimulus. In other words: Buy Main Street, sell Wall Street.

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  14. Merrill Says Buy Main Street, Sell Wall Street: ChartRead the original story

    Tuesday Dec 16 | Bloomberg

    Favoring Main Street over Wall Street "has the potential to be the trade of 2015," according to Michael Hartnett , chief investment strategist at Bank of America Corp.'s Merrill Lynch unit. Companies catering to U.S. households stand to benefit as lower oil prices and falling unemployment bolster discretionary income, Hartnett wrote two days ago in a report.

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  15. Oil Plunge Sets Stage for Energy DefaultsRead the original story

    Tuesday Dec 16 | Bloomberg

    Bond investors, already stung by the biggest losses from U.S. energy company debt in six years, are facing more pain as the plunge in oil leads analysts to predict defaults may more than double. While bond prices suggest traders see defaults rising to 5 percent to 6 percent, UBS AG said it may actually end up being as high 10 percent if prices of West Texas Intermediate crude approach $50 a barrel and stay there.

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  16. US stocks finish lower after volatile sessionRead the original story w/Photo

    Tuesday Dec 16 | Channelnewsasia.com

    Adding to the mix, investors were eyeing a US Federal Reserve meeting that culminates on Wednesday with a policy announcement that could adjust the central bank's outlook for raising interest rates in 2015. NEW YORK: US stocks on Tuesday finished lower following a topsy-turvy session amid unease over plunging oil prices and a crash in the Russian ruble.

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  17. Ex-NFL Player Returns to Merrill Lynch as Complex DirectorRead the original story w/Photo

    Monday Dec 15 | On Wall Street

    Top Planning Concerns for UHNW Clients Working with UHNW clients requires more than solid investment management and estate planning, according to advisor Paul Pagnato, founder of the Pagnato-Karp Group. Here are some of the other critical planning areas that advisors need to pay attention to.

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  18. BofA: Venezuelans Oppose Default, But Don't Expect Swift Gov't ActionRead the original story w/Photo

    Monday Dec 15 | Barron's

    With oil prices taking another hit today, hurting emerging market indexes, the question of how oil-exporting nations will handle ongoing commodity weakness is becoming more relevant. Venezuela is of course one of the countries feeling the pinch of low oil prices, which faces the prospect of a default next year despite looking for funds anywhere it can.

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  19. New York Yankees catcher Jorge Posada scammed out of $11 MILLION in ...Read the original story w/Photo

    Monday Dec 15 | Daily Mail

    'Who is the victim?' Bill Cosby's wife attacks the media's coverage of her husband and accuses UVA 'victim' of lying about her rape claims as well In one scam they invested $3m of Posada's money in their own land but he still has no legal stake in it New York Yankees player Jorge Posada has lost $11 million in a money-management scam that lawyers have branded 'jaw-dropping'. The All Star catcher from Puerto Rico, once worth $117 million, was approached by a Cuban-American duo in 1999 who targeted Latin American baseball stars.

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  20. Capitol Report: Wall Street should pay less attention to Philly Fed, Empire StateRead the original story w/Photo

    Monday Dec 15 | MarketWatch

    Wall Street often gets its cues on the health of the U.S. economy from surveys of manufacturing executives in Philadelphia and New York. But it turns out that regional reports from Chicago and Richmond do a better job.

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