Merrill Lynch and Co Newswire

Merrill Lynch and Co Newswire

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

Results 1 - 20 of 1,285 in Merrill Lynch and Co

  1. Ex-Brokers Hit Morgan With $20M Whistleblower SuitRead the original story w/Photo

    2 hrs ago | On Wall Street

    Advisors on the Move: UBS Lures a $2B Mega Team Morgan Stanley advisors managing $2 billion in assets joined UBS. But the wirehouse wasn't the only winner last month in the competition for top talent.

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  2. What Crash? Inflation in Focus at Jackson Hole Economic SymposiumRead the original story w/Photo

    4 hrs ago | TheStreet.com

    NEW YORK -- As Federal Reserve officials and central bankers from around the world gather for an annual economic symposium in Jackson Hole, Wyo., inflation will be in the spotlight. "Because Chair Janet Yellen is not attending, the focus of Jackson Hole will shift to inflation," said Michael Hanson, senior economist at Bank of America Merrill Lynch.

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  3. Inflation Trumps Markets Rout at Jackson Hole Economic SymposiumRead the original story w/Photo

    5 hrs ago | TheStreet.com

    As Federal Reserve officials and central bankers from around the world gather for an annual economic symposium in Jackson Hole, Wyo., inflation will be top of mind. 'Because Chair Janet Yellen is not attending, the focus of Jackson Hole will shift to inflation,' said Michael Hanson, senior economist at Bank of America Merrill Lynch.

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  4. United States stocks have erased $2.1 trillion in 6 daysRead the original story w/Photo

    11 hrs ago | KRON 4

    The American stock market has surrendered a stunning $2.1 trillion of value in just the last six days of market chaos. The Dow, S&P 500 and Nasdaq have all tumbled into correction territory, their first such 10 percent decline from a recent high since 2011.

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  5. Households take investment risks as stagnant inflation eats into savingsRead the original story w/Photo

    13 hrs ago | The Japan Times

    Tomoyo Morie, a housewife who lives in Tokyo with her husband and teenage son, is more afraid that inflation will wreck her savings than gyrating markets. "I could lose out from currency and stock investments, but it's even riskier over the long term to leave money in bank deposits when prices will likely climb," said Morie, 46, who has been investing a third of her savings in funds and currencies in the past few years.

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  6. European Factors to Watch-Futures rise as Sept. U.S. rate rise seen less likelyRead the original story

    19 hrs ago | Reuters

    LONDON, Aug 27 European equity futures rose on Thursday, buoyed by gains on Asian and U.S. markets after a leading U.S. central bank official said the prospect of a September rate hike seemed "less compelling" than before. Futures on the euro zone's blue-chip Euro STOXX 50 index and on Germany's DAX both climbed 1.7 percent.

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  7. $2.1 Trillion Erased from U.S. Stocks in 6 DaysRead the original story w/Photo

    Wednesday | WMAL-AM Washington

    The American stock market has surrendered a stunning $2.1 trillion of value in just the last six days of market chaos. The enormous losses reflect the deep fears gripping markets about how the world economy will fare amid a deepening economic slowdown in China.

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  8. September rate hike 'less compelling' after market turmoil, Fed's Dudley saysRead the original story w/Photo

    Wednesday | Globe and Mail

    William C. Dudley, president and chief executive officer of the Federal Reserve Bank of New York, attends the Economic Club of New York Leadership Excellence Award in New York April 21, 2015. William C. Dudley, president and chief executive officer of the Federal Reserve Bank of New York, attends the Economic Club of New York Leadership Excellence Award in New York April 21, 2015.

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  9. Are HFT and computers to blame for the market's quick drop?Read the original story w/Photo

    Tuesday Aug 25 | InvestmentNews

    The Dow's 1,100-point drop off the opening bell Monday cost investors untold amounts of money and suggests the market is still broken Well that was certainly fun on Monday! Stocks, as measured by the Dow Jones Industrial Average, crashed 1,100 points at the open, rallied 800 points and then fell almost 300 points to close down 588 points. Given yesterday's full Street$marts edition and the two blog posts I did here, I am sure most people were expecting a market update.

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  10. Ex-Merrill Broker Ordered to Pay Restitution in Insider CaseRead the original story

    Tuesday | Bloomberg

    A former Merrill Lynch & Co. broker who pleaded guilty to participating in an insider trading scheme with a Qualcomm Inc. executive was ordered to pay $1.4 million in restitution to the bank.

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  11. Leery Wall Street not convinced correction is overRead the original story w/Photo

    Tuesday Aug 25 | USA Today

    The Dow's inability to hold a 442-point gain Tuesday and finishingn down more than 200 points suggests correction has room to run. Leery Wall Street not convinced correction is over The Dow's inability to hold a 442-point gain Tuesday and finishingn down more than 200 points suggests correction has room to run.

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  12. Buy the Dip Becomes Buy the Correction as S&P 500 Bounces at 11%Read the original story

    Tuesday Aug 25 | The Washington Post

    Bulls have a new line in the sand. Whether it holds for more than a few hours remains to be seen.

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  13. TREASURIES-U.S. bonds tumble as China's rate cut soothes jittersRead the original story

    Tuesday Aug 25 | Reuters

    The benchmark 10-year yield recorded its sharpest one-day rise since early March. It had been on track for its biggest one-day jump in two years but retreated from its session peak as a rally on Wall Street faded in late trading.

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  14. Five charts that suggest Black Monday isn't the start of the next financial crisisRead the original story w/Photo

    Tuesday Aug 25 | The Independent

    Hazel Sheffield is digital senior business reporter for the Independent, where she writes about everything from economics to start-ups. She is especially interested in music and technology and can sometimes be found moonlighting on the music pages of the paper.

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  15. Belk to be Acquired by Sycamore PartnersRead the original story w/Photo

    Monday Aug 24 | Sporting Goods Business

    Charlotte, N.C.-based Belk, Inc., the nation's largest family owned and operated department store, entered into a definitive merger agreement to be acquired by New York-based private equity firm Sycamore Partners. The purchase price values the firm at approximately $3.0 billion.

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  16. Basswood Capital Takes Stake In Astoria Financial, May Push For MergerRead the original story w/Photo

    Monday Aug 24 | Seeking Alpha

    Matthew Lindenbaum's Basswood Capital has taken a 9.2% in New York regional bank Astoria Financial . Basswood, which focuses on midcap financial companies, has requested a seat on the board of directors and may push for the company to sell itself.

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  17. Can the Fed Do Anything to Ease Market Worries?Read the original story w/Photo

    Monday Aug 24 | TheStreet.com

    NEW YORK -- A month ago, the prospect of the first boost in U.S. interest rate in nine years conjured images of Federal Reserve Chair Janet Yellen holstering the cannons central bankers have used to fire money into the markets. Now, China's market agonistes and the me-too act in U.S. markets have Wall Street talking again about a familiar theme - with rates at zero, does the Fed have any ammunition left to fight a new downturn? Let's look at that question like this: There's no evidence yet that China's woes are even sparking a slowdown in U.S. growth let alone prompting a new downturn.

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  18. Private equity firm to acquire retailer Belk in $3B dealRead the original story w/Photo

    Monday Aug 24 | Business Journal

    New York private-equity firm Sycamore Partners will acquire 100% of Belk Inc. in a transaction that values the company at approximately $3 billion. Under terms of the deal, Belk stockholders will receive $68 per share for each share of common stock they own.

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  19. Dow drops 1,000 points at opening as stock market bloodbath continuesRead the original story w/Photo

    Monday Aug 24 | The Lebanon Daily News

    Stocks plunged at the open as the market bloodbath showed no signs of letting up as the Dow tumbled more than 1,000 points at the opening bell. Market anxiety is on the rise after a big sell-off in China overnight, where the Shanghai composite index shed 8.5%, its biggest one-day decline since 2007 -- and Chinese media were dubbing the selloff "Black Monday."

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  20. Wall Street pares dramatic losses in turbulent actionRead the original story w/Photo

    Monday Aug 24 | Austin Times

    The Dow Jones Industrial Average skidded 162.1 points, or 0.95%, to 16304.60, the S&P 500 dropped 23.2 points, or 1.2%, to 1947.8, and the Nasdaq Composite fell 25.5 points, or 0.6%, to 4679.3. Despite the selling, the markets actually bounced back substantially from the lows of the day within less than an hour of the opening bell. For example, the Nasdaq was recently down less than 1% after diving as much as 8.8% earlier in the day.

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