At A Glance

April 2007
Investment Dealers' Digest;4/23/2007, Vol. 73 Issue 16, p4
Trade Publication
The article offers business news briefs in the U.S. Merrill Lynch & Co. Inc. revealed its net income of $2.2 billion in the first quarter of 2007. Dow Chemical Co. fired two senior executives because of their role in pursuing a potential $50 billion buyout without the approval of senior management. Bank of America Corp. showed that its net income increase to $5.26 billion in the first quarter of the year.


Related Articles

  • First Job Cuts at B of A Are High-Level.  // American Banker;12/16/2008, Vol. 173 Issue 241, p20 

    The article reports that Bank of America Corp. (B of A) dismissed some 20 high-ranking executives at the beginning of December, 2008. The cuts were the first among 30,000 to 35,000 layoffs expected to occur as B of A acquires Merrill Lynch & Co. Inc. This would shrink the work force by...

  • Results Off, B of A Reduces Dividend. Davis, Paul // American Banker;10/7/2008, Vol. 173 Issue 194, p2 

    The author reports on the 2008 third quarter earnings of Bank of America Corp. The amount which Bank of America's profits decreased during the quarter is mentioned. Actions which Bank of America have taken in 2008 are mentioned, including the purchasing of Countrywide Financial Corp. and Merrill...

  • Bank Earnings Hit All Notes. Moriarly, George // Investment Dealers' Digest;7/24/2006, Vol. 72 Issue 29, p4 

    The article reports on the financial earnings of several banks such as Citigroup Inc., Merrill Lynch and Co. Inc., Bank of America Corp. and JPMorgan Chase and Co. as of July 24, 2006 in the U.S. The banks reported positive performances for the first two quarters, except for Citigroup, who...

  • Merrill fires retail analyst.  // Crain's New York Business;8/26/2002, Vol. 18 Issue 34, p26 

    Reports the dismissal of Peter Caruso as retail analyst of Merrill Lynch & Co. for cutting earnings estimates and downgraded Home Depot.

  • Merrill Warns of Steep Drop in 2d-Quarter Profits . Ring, Niamh // American Banker;6/27/2001, Vol. 166 Issue 123, p2 

    Reports on Merrill Lynch and Co.'s warning that it will miss 2001 second quarter earnings estimates. Chairman and chief executive officer David H. Komansky's comments on losses in the firm's equity and debt trading unit; Expected decline in profits for the quarter ending June 30, 2001; Slowdown...

  • Chemical Executives Affirm Resolve to Stay the Course.  // Chemical Market Reporter;10/15/2001, Vol. 260 Issue 14, p1 

    Deals with the efforts of chemical companies in the United States to resolve the 2001 economic recession in the industry with long-term cost reduction strategies. Strategic financial objectives of Dow Chemical Co. by year end 2001; Revision of the annual 2002 estimates of Merrill Lynch company...

  • Pro Rata Tranches Making It Through. Gregorio, Cesaltine // Bank Loan Report;3/26/2001, Vol. 16 Issue 12, pN.PAG 

    While arranging banks are seeing less loyalty these days among some issuers, who have prioritized execution over relationship in these tough markets, leads are leaning harder on companies' historical bank group relationships to place the pro rata tranches of a number of deals in the market. Over...

  • Re-Embrace Of Investment Banking... Dobbs, Kevin; Davis, Paul // American Banker;9/16/2008, Vol. 173 Issue 179, p1 

    The article reports on investment banking. Bank of America Corp. is involved in a deal to acquire Merrill Lynch & Co. Inc. which will make it even larger than Citigroup Inc. Kenneth D. Lewis, chief executive officer of Bank of America, states that a review of Merrill showed that it contains the...

  • B of A to Cut 11% of Jobs in Deal. Davis, Paul // American Banker;12/12/2008, Vol. 173 Issue 239, p20 

    The article reports on Bank of America Corp. In December 2008 Bank of America announced that it will be cutting 11% or 30-50,000 of its staff following the purchase of Merrill Lynch & Co. The employees will come from both Bank of America and Merrill, which was purchased for $20.5 billion in...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics