...Lynch warned that oil prices could fall as low as $25 a barrel next year if the recession affecting the US, Europe and Japan extended to China, the main driver of demand growth in commodity markets in recent years. Merrill's warning came as oil prices sank...
...1,300bp yesterday. That priced the chances of default at around the same as some of the most distressed US life names, Merrill Lynch highlighted. The broker repeated "underperform" advice. "Trading conditions are very poor across most of Old Mutual's businesses...
...terms, according to the latest annual World Wealth report by the French consultants Capgemini and the US investment bank Merrill Lynch. (Merrill Lynch was one of the victims of the subprime crisis and has since been absorbed by Bank of America.) Overall the...
...every layer, just couldn't resist the amounts of money they made by looking the other way. The size of huge companies, like Merrill Lynch and Citibank, make it too tempting for too many people to always be thinking, "What's in this for me?" There's no incentive...
...evident today, however, as the dollar index shed only 0.2%. And, as mentioned above, commodities had another brutal day. Merrill Lynch put out a report saying crude oil might fall to $25/bbl., a prospect that sent a shudder through the energy pits. The CRB...
...Despite the manufacturing slowdown, strong retail sales growth in October offered hope for the Chinese economy, according to Merrill Lynch economists Ting Lu and TJ Bond in Hong Kong. They predicted that government measures to stimulate consumption will buffer...
...the money they were making on selling (and buying) mortgage securities. Unfortunately for the investors and customers of Merrill Lynch, the pigs greed turned into garbage and the company was bought for peanuts while its investors, employers, and customers...