Merrill Lynch

David Mullen was a Managing Director at Merrill Lynch for 27 years from 1980 before retiring in 2007. He personally hired and trained over 500 advisors, and his methods have been adopted by many managers and advisors firm-wide. Since retiring from that company, Mullen has written two books, The...

An important but fundamentally flawed debate about Fannie and Freddie's role in the ongoing crisis has raged since the SEC sued the former senior managers of both entities for securities fraud. The Wall Street Journal and Peter Wallison (in the WSJ) have claimed that the suit vindicates their...

With a new credit facility on the way, Agree Realty Corp. (NYSE: ADC) is having a terrific year. Borders once accounted for the vast majority of the firm's leases. But after parting ways with the ailing book store, and after acquiring several new assets, Agree Realty is thriving at a time when...

BofA/ML is out with a research report this afternoon, where it reiterates its Neutral rating on Ariad Pharmaceuticals (NASDAQ: ARIA); it has a $14.00 price target on the stock. The BofA/ML analysts cited the company's recent results form a Phase 1 dose escalation study for its third generation...

Merrill Lynch has published a research report on BWP Trust (ASX: BWP) revising the price target to A$1.97. In the report, Merrill Lynch wrote, "BWP offers predictable earnings, a simple and easily understood business model, and above avg portfolio metrics (8.6yr WALE, 100% occupancy) with...

Bank of America Merrill Lynch is out with its report today on K12 (NYSE: LRN), maintaining Buy. In a note to clients, Bank of America Merrill Lynch writes, "On Thursday, K12 announced that it is buying the assets of Kaplan Virtual Education. K12 did not disclose financial terms but we do not...

FOX Business Network (FBN) Senior Correspondent Charlie Gasparino reports that the computers within Bank of America's Merrill Lynch suffered a blackout earlier this morning. FBN's Charles Payne broke the news on air saying Merrill Lynch has “no trading in its brokerage network” earlier this morning...

Merrill Lynch raised its price target on Tornier (NASDAQ: TRNX) to $26. In a research report published today, Merrill named strong Q1 results as a reason for its decision. In the report, Merrill states, "TRNX is growing faster than we anticipated and that faster growth looks to us as if it will...

As Benzinga readers know, Warren Buffett's Berkshire Hathaway (NYSE: BRK-A, BRK-B) sold off its stake in several large U.S. growth stocks including Lowe's (NYSE: LOW), Comcast, (NASDAQ: CMCSA), Nike (NYSE: NKE) and Bank of America (NYSE: BAC). On another note, Benzinga readers were also informed...

Senior Editor at CNBC.com, John Carney, is out with a very compelling article this morning entitled, “Why Wall Street Abandoned Partnerships.” Within the piece, the author reminds us that regulation of Wall Street (And the unintended consequences of doing such) is not a new phenomenon. According...

Bank of America Corporation (NYSE: BAC) and the Securities and Exchange Commission are in the process of reaching a settlement relating to charges that the bank did not properly disclose billions in dollars of employee bonuses and financial losses at Merrill Lynch before the two banking giants'...

Merrill Lynch expects many utilities to reaffirm their ’10 earnings guidance owing to higher near term prices, modest upturn in sales fueled by economic recovery and refinancing savings. However, decline in power prices in ’11 and ’12 (3-6%) since the companies last updated investors after Q3 may...