Merrill

Source: news.yahoo.com --- 3 days ago
Brodie Merrill has been selected the league's defensive player of the week. ...

Source: articles.moneycentral.msn.com --- 5 days ago
The American brokerage's earnings miss reminds investors that the credit crisis has not yet passed; Sinopec issues profit warning; Qantas cuts 1,500 jobs. ...

Source: edition.cnn.com --- 5 days ago
Merrill Lynch booked its fourth-straight quarterly loss Thursday, this time losing nearly $5 billion, as the nation's largest brokerage was forced to once again take massive writedowns. ...

Source: ad.doubleclick.net --- 5 days ago
...

Source: uk.reuters.com --- 2 days ago
BOSTON (Reuters) - U.S. asset manager BlackRock gave details on Tuesday of the revised agreements it has struck with top shareholder Merrill Lynch & Co that, among other things, try to protect BlackRock's interests if Merrill's structure changes substantially. ...

Source: www.marketwatch.com --- 2 days ago
Amended stockholder and distribution agreements between Merrill Lynch & Co. and asset manager BlackRock Inc. give Merrill flexibility as it faces lingering questions over its capital, analysts say in response to a regulatory filing. ...

Source: ftalphaville.ft.com --- 5 days ago
Sovereign wealth funds missed out when Merrill Lynch last week decided against selling its 49% stake in BlackRock, the fund manager. If Merrill had gone through with the deal, some of its BlackRock shares were likely to have been purchased by Kuwait Investment Authority, and Singapore’s Temasek was also a possible buyer,... ...

Source: www.ft.com --- 4 days ago
Merrill Lynch has sharply cut the use of private jets among its senior managing directors, requiring them to obtain permission from the global head of investment banking and to demonstrate there is no more efficient means of transport ...

Source: www.globes.co.il --- 1 day ago
"This is the second consecutive quarter that management has raised guidance while other telecom-exposed names have been much more conservative." ...

Source: www.nzherald.co.nz --- 5 days ago
Merrill Lynch yesterday issued its latest assessment of the damage it has suffered from the credit crisis: its fourth straight quarterly loss and writedowns from failed investments approaching US$40 billion ($52.4 billion). The... ...

Source: www.moreover.com --- 4 days ago
Free-Market News Network Jul 21 2008 6:30AM GMT ...

Source: seekingalpha.com --- 3 days ago
FP Trading Desk submits: Negative growth rates lie ahead, there is no pent up consumer demand, and the Federal Reserve is "pretty much out of bullets” after cutting interest rates to 2%, warns Merrill Lynch economist David Rosenberg. In a note to clients Monday, Mr. Rosenberg suggests that in light of some tough times ahead, investors “stay conservative, defensive ,with minimal risk and minimal exposure to cyclicals and financials,” he said. In the note, called “Pieces of Eight: Lessons We Learned Last Week,” Mr. Rosenberg makes the following observations: Complete Story » ...

Source: dailypalette.uiowa.edu --- 10 hours ago
Three Horses ...

Source: business-times.asiaone.com --- 7 hours ago
TEMASEK Holdings yesterday dismissed rumours that it has sold half of its stake in Merrill Lynch. ...

Source: seekingalpha.com --- 2 days ago
Michael Shedlock submits: Reuters is reporting WaMu has $3.33 bln loss, may be cut to "junk" . Washington Mutual Inc, the largest U.S. savings and loan, posted a $3.33 billion second-quarter loss on Tuesday as souring mortgages forced it to set aside more money for loan losses. ... Complete Story » ...

Source: schw.bloggingstocks.com --- 4 days ago
Filed under: Forecasts , Consumer experience , Competitive strategy , Charles Schwab Corp (SCHW) , Merrill Lynch (MER) This post is part of my series featuring established companies and the smaller, more aggressive or innovative rivals that may eventually succeed them. The expression was good for decades: "Wall Street to Main Street," as Merrill Lynch (NYSE: MER ) was indeed the nation's premier brokerage firm to individual investors. That mantle is in serious jeopardy as "Mother Merrill" has encountered a horrible period in its illustrious history. Many wonder if Merrill Lynch will be able to survive as an independent company or be acquired by a larger bank. Merrill Lynch replaced inept CEO Stanley O'Neal back in October 2007 "after one bad quarter." One rule of investing is there is rarely just one bad quarter for a troubled company and Merrill is proving this. The company actually lost over $10 in earnings per share in 2007, and 2008 will be lucky to break even. The subprime mortgage and other riskier credit strategies have been the undoing of Merrill Lynch. Coming up fast and preparing to take the title of "Main Street's firm" for individual investors is Charles Schwab (NASDAQ: SCHW ). This San Francisco-based firm has stayed true to its business model since its founding in 1971 by Charles Schwab. He firmly believed then and still does, that investors need choices and a low price of execution. Schwab offers several investment produ ...

Source: www.fiercefinance.com --- 4 days ago
Merrill Lynch, trading at about $30 a share, has a market cap of about $30 billion. Breakingviews argues that Mr. Market has woefully undervalued the firm, discounting it way too much for the ongoing turmoil. Here's the case: The firm's marquee retail brokerage would be worth about $30 billion alone at a multiple of 14, which is what retail brokerage peers trade at. Then there's the stake in BlackRock, which is worth somewhere between $5 and $10 billion. Then there are private equity investments of $4 billion. Its mergers advisory unit may be worth $3 billion at a multiple of 12. You end up with a value of around $50 billion. I doubt anyone will start calling for a break up of Merrill Lynch. Hopefully, CEO John Thain will find a way to unlock that pent-up value in other ways.   For more: - here's the Breakingviews   article Related Articles: Merrill Lynch's earnings in the spotlight Merrill Lynch's loss much worse than expected, but... ...

Source: www.insurancedaily.co.uk --- 4 days ago
Merrill Lynch & Co, Wall Street’s third largest investment bank, last week reported a quarterly loss of $4.89 billion. Shares in the company fell 6% following the announcement. This is the fourth quarterly loss in a row for the bank, and is twice the size of the loss that had been anticipated by analysts. CEO John Thain called [...] ...

Source: www.stockworld.de --- 4 days ago
...