Merrill Lynch and Co Newswire

Comprehensive Real-Time News Feed for Merrill Lynch and Co.

Results 1 - 20 of 2,608 in Merrill Lynch and Co

  1. S&P 500 Rallies Most in One Year on ECB Stimulus, Apple EarningsRead the original story

    1 hr ago | The Washington Post

    U.S. stocks surged, sending the Standard & Poor's 500 Index to its biggest gain in a year, as investors speculated the European Central Bank will boost economic stimulus and Apple Inc. forecast record sales. The S&P 500 climbed 2 percent to 1,941.24 at 4 p.m. in New York, its best gain since October 2013.

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  2. Merrill Advisors With $270M AUM Join Snowden LaneRead the original story w/Photo

    2 hrs ago | On Wall Street

    Two Merrill Lynch advisors managing $270 million in assets have left the wirehouse to join independent firm Snowden Lane Partners. Advisors Jesse Clinton and Phillip Pedrena joined Snowden today as partners and managing directors in New York, where the firm is headquartered.

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  3. Trial Over Paramount Flops Kicks Off in NYCRead the original story

    3 hrs ago | Courthouse News Service

    Lawyers for Paramount appeared in court Tuesday to deny that deception played a role in the box-office flops such as "Mission Impossible III" that cost Paramount $67 million 10 years ago. "If it had done had done as well as 'Mission: Impossible IV,' none of us would be here today," Paramount's lawyer Richard Kendall, of the Los Angeles-based firm Kendall Brill & Klieger, told the court during his opening arguments.

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  4. on the Move-Wells Fargo hires two brokers, reports dip in sales forceRead the original story

    4 hrs ago | Reuters

    Wells Fargo Advisers, the second-largest U.S. securities brokerage by sales force, said Tuesday it added two veteran financial advisers to its broker head count, which the firm disclosed had fallen by 1 percent in the third quarter. Broker Zelda Benson joined Wells Fargo in Seal Beach, California from Ameriprise Financial Inc, where she managed $132 million in client assets.

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  5. $2.5 billion adviser duo fired by Merrill Lynch lands at StifelRead the original story w/Photo

    5 hrs ago | InvestmentNews

    A team of advisers who was fired last month by Bank of America Merrill Lynch has found a new home at Stifel, Nicholaus & Co. Inc. The two advisers, Stephen S. Brown and James P. Goetz, previously managed some $2.5 billion in assets as part of a select group of around 150 teams who served clients with around $10 million or more in investible assets at Merrill Lynch.

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  6. SET schedules more roadshows abroadRead the original story

    5 hrs ago | The Nation

    The Stock Exchange of Thailand says it will showcase the attractiveness and strength of the Thai capital market and the economy among foreign institutional investors in roadshows in the United States, Malaysia and Singapore in October and November, bringing the total number of roadshows held this year to eight. SET president Kesara Manchusree said that with the clear and solid economic stimulus measures announced by the new military regime, investors' confidence had risen.

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  7. Wall Street watchdog fires back in ex-official's termination lawsuitRead the original story

    5 hrs ago | Reuters

    Wall Street's industry-funded watchdog is fighting back against a former official who alleged a range of bad behavior in the arbitration unit of the firm's Boca Raton, Florida, office, according to court documents. The Financial Industry Regulatory Authority filed a petition in the U.S. District Court for the Southern District of Florida on Monday, asking the court to rule in its favor in a wrongful termination suit by Jill Wile, a former deputy regional director.

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  8. Loomis's Fuss Says Munis ?Tough to Beat? for Wealthy Bond BuyersRead the original story

    5 hrs ago | The Washington Post

    Individuals paying the top federal tax rate, which is the highest since 2000, are hard-pressed to find investments that can outperform municipal bonds, said Dan Fuss, vice chairman of Loomis Sayles & Co. "For people in a relatively high income-tax-rate environment, it is really tough to beat munis," said Fuss, whose $24.5 billion Loomis Sayles Bond Fund has beaten 99 percent of its peers during the past five years.

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  9. Bank of America's 8,500 area jobs 'critically important,' Brian Moynihan saysRead the original story w/Photo

    6 hrs ago | Financial News & Daily Record

    Bank of America Corp., the nation's second-largest bank and the world's 12th largest, continues to adjust and considers its 8,500 jobs in Jacksonville as an indicator of Northeast Florida's importance to the company. Brian Moynihan, Bank of America chairman and CEO, was the keynote guest Monday at the JAXUSA Partnership economic development division meeting of the JAX Chamber.

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  10. Ex-traders seek $150M for startupRead the original story w/Photo

    7 hrs ago | Crain's New York Business

    Bank of America Corp. traders who left as the lender dismantled their electronic market-making unit are attempting to recreate the business as an independent firm with former Knight Capital Group Inc. chief Tom Joyce. Gene Reilly, who departed as Bank of America's head of global market-making this year after the project was shuttered, is seeking about $150 million in funding for his New York-based startup, Arxis Capital, people with knowledge of the plan said, noting the amount could change.

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  11. Recent Pullback + Strong Underwriters = Potential Buying Opportunity...Read the original story w/Photo

    8 hrs ago | Seeking Alpha

    The 40-day quiet period on underwriter analyses for CIVI ends October 27, allowing the firm's IPO underwriters to publish analyses of the of the company on October 28. CIVI's strong underwriters, including Barclays, BofA, Jeffries, UBS, and others could help effect at least a temporary rise in CIVI's stock price at this time; recent research suggests ~5%. As demand for CIVI's business is consistent and competitors relatively scattered, the quiet period expiration could present a new buying opportunity.

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  12. BofA Refugees Said to Form Market Maker With Tom JoyceRead the original story

    9 hrs ago | Bloomberg

    Bank of America Corp. traders who left as the lender dismantled their electronic market-making unit are attempting to recreate the business as an independent firm with former Knight Capital Group Inc. chief Tom Joyce. Gene Reilly, who departed as Bank of America's head of global market-making this year after the project was shuttered, is seeking about $150 million in funding for his New York-based startup, Arxis Capital, people with knowledge of the plan said, noting the amount could change.

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  13. Why The Dollar Could Resume Its UptrendRead the original story w/Photo

    12 hrs ago | Seeking Alpha

    The U.S. dollar could continue to move higher over the coming months as the economy improves, leading to a greater likelihood the central bank raises rates. PowerShares DB US Dollar Index Bullish is up close to 6% since July as economic data in manufacturing and consumer sentiment trended higher.

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  14. Sovereign Bonds Beating Stocks in October by Most in Two YearsRead the original story

    18 hrs ago | Bloomberg

    For all the gyrations in bonds over the past week, government securities are beating stocks in October by the most in two years. Treasuries rose today.

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  15. Worst' Treasuries Call Missed Slowdown, BofA's Woo SaysRead the original story

    18 hrs ago | Bloomberg

    Bank of America Merrill Lynch's David Woo, head of global rates and currencies, said the bank's worst call this year was a bearish forecast for Treasuries that failed to account for a global slowdown. The "rates forecast has been our worst forecast this year, I mean myself included," Woo, based in New York at the Bank of America Corp. unit, said in an interview on Bloomberg Television's "Surveillance" with Tom Keene and Scarlet Fu.

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  16. Constellation Brands Prices Offering of Senior NotesRead the original story

    22 hrs ago | PR-inside.com

    VICTOR, N.Y., OCT. 20, 2014 - Constellation Brands, Inc. , a leading beverage alcohol company, announced today that it priced the public offering of $800 million aggregate principal amount of Senior Notes, consisting of $400 million of 3.875% Senior Notes due 2019 and $400 million of 4.750% Senior Notes due 2024 .

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  17. Gold Bulls Lured Back for First Time in Two Months: CommoditiesRead the original story

    Yesterday | The Washington Post

    Speculators added bullish gold bets for the first time in nine weeks as concern that global economic growth is slowing whipsawed equity markets. The gain in the net-long position in New York gold futures and options snapped the longest run of reductions since 2010.

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  18. Gold Goes Up As U.S. Dollar Falls DownRead the original story w/Photo

    Yesterday | Barron's

    Gold for December delivery climbed 0.45% to $1,244.80 an ounce by 11:08 a.m. on the Comex in New York. Last week's stock market turmoil was a boon for gold prices.

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  19. Encore: The pitfalls of protecting your IRA for your heirsRead the original story w/Photo

    Yesterday | MarketWatch

    Families are taking steps, in the wake of a recent Supreme Court decision, to shield retirement savings meant for children and grandchildren from creditors. But the costs involved, according to some estate attorneys, could outweigh the benefits.

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  20. BlackRock Sales in October Rally Signal Its LimitsRead the original story

    Yesterday | Bloomberg

    The municipal-bond market's rally this year has confounded Wall Street expectations, culminating in the best October performance since 2001 and drawing the most cash in two years. BlackRock Inc. has had enough.

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