Merrill Lynch and Co Newswire

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

Results 1 - 20 of 952 in Merrill Lynch and Co

  1. Junk Bonds Back to Rich and Today's Other Top StoriesRead the original story

    11 hrs ago | Learn Bonds

    If you happen to be reading a week old copy of the Wall Street Journal and think now might be a good time to buy some Junk bonds. I've got some bad news for you, you've missed the boat.

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  2. Housing Fails to Overcome U.S. Home-Loan Rates: ChartRead the original story

    23 hrs ago | Bloomberg

    Falling U.S. mortgage rates stem from the housing market's inability to withstand increases last year, according to Michael Hartnett, chief investment strategist at Bank of America Corp.'s Merrill Lynch unit. The CHART OF THE DAY tracks an index of loan applications to buy homes, as compiled by the Mortgage Bankers Association.

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  3. Advisors on the Move: Discharged Merrill Duo With $2.5B in Client Assets Lands at StifelRead the original story w/Photo

    Thursday | 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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  4. NY reports 7 deals for clean energy projectsRead the original story w/Photo

    Thursday | North County Public Radio

    New York officials say they have reached agreements in principle to finance seven clean energy projects with a dozen banks and investment firms and the state's new NY Green Bank. They hope to close deals this year that would lead to more than $800 million invested in solar energy, cogeneration and energy-efficiency.

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  5. 7 New York State Clean Energy Projects Receive FinancingRead the original story w/Photo

    Thursday | Switched

    New York officials say they have reached agreements in principle to finance seven clean energy projects with a dozen banks and investment firms and the state's new NY Green Bank. They hope to close deals this year that would lead to more than $800 million invested in solar energy, cogeneration and energy-efficiency.

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  6. UPDATE 1-Peru hires banks for investor meetings - sourceRead the original story

    Thursday | Reuters

    The Republic of Peru, rated A3/BBB+/BBB+, has hired Bank of America Merrill Lynch, BBVA and Morgan Stanley to arrange a investor meetings in the US and Europe, according to a source close to the situation. "This is definitely a non-deal roadshow," the same source said, indicating that the sovereign is not likely to issue international bonds following the meetings.

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  7. U.S. Court hears arguments on sex discrimination at Goldman SachsRead the original story

    Wednesday | Reuters

    Goldman Sachs Group on Wednesday attacked expert evidence offered by attorneys for former female employees in a U.S. federal sex discrimination lawsuit, arguing there was no pattern of gender-based pay and promotion disparities at the bank. In the first day of arguments in a case launched in 2010, a lawyer for two former Goldman employees said the Wall Street giant displayed a "consistent" pattern of sexual bias, while the bank's attorney said such accusations were "baseless."

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  8. U.S. stocks pull back from big rallyRead the original story

    Wednesday Oct 22 | Xinhuanet

    U.S. stocks retreated Wednesday, as investors looked for excuses to sell stocks after the S&P 500 posted its best day of the year in the previous session. The Dow Jones Industrial Average shed 153.49 points, or 0.92 percent, to 16,461.32.

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  9. on the Move-Snowden Lane adds more former Merrill brokers to its ranksRead the original story

    Wednesday Oct 22 | Reuters

    Snowden Lane Partners, an independent registered investment advisory group founded by former Merrill Lynch brokers that has grown largely by hiring other Merrill brokers, nabbed another two. Jesse Clinton and Phillip Pedrena joined Snowden Lane's New York City headquarters this week from Bank of America Corp's Merrill Lynch unit, where they managed $270 million in client assets, Snowden Lane said in a statement on Tuesday.

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

    Tuesday Oct 21 | 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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  11. Merrill Advisors With $270M AUM Join Snowden LaneRead the original story w/Photo

    Tuesday Oct 21 | 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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  12. Trial Over Paramount Flops Kicks Off in NYCRead the original story

    Tuesday Oct 21 | 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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  13. on the Move-Wells Fargo hires two brokers, reports dip in sales forceRead the original story

    Tuesday Oct 21 | 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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  14. $2.5 billion adviser duo fired by Merrill Lynch lands at StifelRead the original story w/Photo

    Tuesday Oct 21 | 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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  15. SET schedules more roadshows abroadRead the original story

    Tuesday Oct 21 | 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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  16. Wall Street watchdog fires back in ex-official's termination lawsuitRead the original story

    Tuesday Oct 21 | 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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  17. Loomis's Fuss Says Munis ?Tough to Beat? for Wealthy Bond BuyersRead the original story

    Tuesday Oct 21 | 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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  18. Bank of America's 8,500 area jobs 'critically important,' Brian Moynihan saysRead the original story w/Photo

    Tuesday Oct 21 | 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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  19. Ex-traders seek $150M for startupRead the original story w/Photo

    Tuesday Oct 21 | 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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  20. Recent Pullback + Strong Underwriters = Potential Buying Opportunity...Read the original story w/Photo

    Tuesday Oct 21 | 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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