Merrill Lynch & Co., Inc.
News and overview for Merrill Lynch & Co., Inc.
To All Persons or Entities That Purchased or Otherwise Acquired Any of the Bond Class Securities of Merrill Lynch & Co., Inc. ('Merrill') Listed Below From the Dates They Were First Offered for Sale to the Public Through and Including January 15, 2009 [Press Release]
PRNewswire | 67 days 19 hours 13 minutes ago
...Acquired Any of the Bond Class Securities of Merrill Lynch & Co., Inc. ('Merrill') Listed Below From the Dates They Were...regarding the Merrill Bond Action: IN RE MERRILL LYNCH & CO., INC. SECURITIES, DERIVATIVE AND ERISA LITIGATION...
PMSI Holdings Corporation Purchases Rights Under the Ronald A. Katz Technology Licensing, L.P. Patents [Press Release]
Business Wire | 21 days 21 hours 16 minutes ago
Ronald A. Katz Technology Licensing, L.P. announced today that PMSI Holdings Corporation, one of the world's largest pharmaceutical services companies serving the United States with headquarters in Tampa, FL, has entered into an agreement to purchase rights under the patent portfolio held by Ronald A. Katz Technology Licensing, L.P. and licensed through its affiliate, A2D, L.P.
Bank of America to Pay $713 Million in TARP Preferred Dividends [Press Release]
PRNewswire | 49 days 18 hours 43 minutes ago
...to the government's $10 billion investment in Merrill Lynch & Co., Inc. made under the Capital Purchase Program of TARP...shareholders of record as of November 15, 2009. The Merrill Lynch board of directors declared the following dividends...
Thain unrepentant over Merrill tenure
Reuters | 3 days 6 hours 53 minutes ago
NEW YORK (Reuters) - John Thain, former Merrill Lynch & Co Inc chief executive, wants the world to know that he has never thrown a chair.
Merrill Lynch and Morgan Stanley Smith Barney go toe-to-toe for top brokers
InvestmentNews | 3 days 18 hours 47 minutes ago
The broker recruiting wars are heating up, with wirehouses jacking up their offers to new heights to lure more representatives in 2010.
Smith Barney broker attrition stabilizing
Crain's New York Business | 10 hours 47 minutes ago
Charles Johnston says Morgan Stanley Smith Barney is now losing fewer legacy Smith Barney reps.
Warring wirehouses add fuel to hiring fire
InvestmentNews | 5 days 20 hours 59 minutes ago
Merrill, Morgan offer 330% recruiting packages
Bob McCann lures four Merrill Lynch vets to UBS
InvestmentNews | 10 days 16 hours 43 minutes ago
Just a few weeks after officially joining UBS AG as the head of its U.S.
Morgan Stanley Smith Barney and Merrill Lynch go toe-to-toe for top brokers
InvestmentNews | 7 days 10 hours 45 minutes ago
The broker recruiting wars are heating up, with wirehouses jacking up their offers to new heights to lure more representatives in 2010.
Bob McCann lures four Merrill Lynch vets to UBS, carves out wealth management renewal team
InvestmentNews | 10 days 10 hours 35 minutes ago
Just a few weeks after officially joining UBS AG as the head of its U.S.
UBS McCann: Hasn't Discussed Disposal Of Brokerage With CEO
Wall Street Journal, The | 3 days 20 hours 58 minutes ago
ZURICH (Dow Jones)--UBS AG (UBS) brokerage head Robert McCann said Tuesday he hasn't discussed the possibility of selling the unit he runs with the Swiss bank's overall chief executive.
MSSB exec: Smith Barney broker attrition has stabilized
InvestmentNews | 11 hours 29 minutes ago
Charles Johnston says Morgan Stanley Smith Barney is now losing fewer legacy Smith Barney reps
A 'buy-the-dip' strategy
Globe and Mail (Toronto), The | 17 days 21 hours 50 minutes ago
"Buy the dip," and take a close look at the shares of companies with attractive yields, said David Bianco, chief U.S. equity strategist for Merrill Lynch & Co. Inc.
Holding court: Merrill Lynch legal tack could help recover reps retention awards
InvestmentNews | 34 days 14 hours 47 minutes ago
Merrill Lynch & Co. Inc. is pursuing a legal strategy that could give it a leg up in collecting from brokers who owe the firm money on retention packages.
Morgan Stanley Smith Barney pumps up recruiting packages to lure top producers
InvestmentNews | 9 days 10 hours 47 minutes ago
Morgan Stanley Smith Barney LLC is entering into the recruiting wars with its guns blazing and is creating a potential pay package for new advisers that will match that of its rival Merrill Lynch & Co Inc.’s Global Wealth Management unit.
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Company Overview
| Company: | Merrill Lynch & Co., Inc. |
|---|---|
| Industry: | Retail Brokerages |
| Website: | http://www.merrilllynch.com |
Merrill Lynch (known as "The Bull") provides investment banking and brokerage services to retail, institutional, and government clients. The company operates in two segments: Global Investment Management (institutional investors and governments) and Global Wealth Management (private clients and small businesses). The company also owns 49% of asset manager BlackRock, which absorbed Merrill Lynch's Investment Managers division, uniting Merrill's equity and mutual fund offerings and BlackRock's fixed-income prowess. Taking "The Bull" by the horns, Bank of America acquired Merrill Lynch -- which reported more than $19 billion in losses in 2007 and 2008 -- for some $50 billion in stock in 2009.
Key Numbers
| Sales in U.S. Dollars (mil.) | 33.4 (2008) |
|---|---|
| One-year % Growth in Sales | -99.9 (2008) |
| Net Income in U.S. Dollars (mil.) | -27,612 (2008) |
| One-year % Growth in Net Income | 0.0 (2008) |
| Number of Employees | 9,700 (2008) |
| One-year % Growth in Number of Employees | -21.1 (2008) |
| Fiscal Year-End | December |