Merrill Lynch & Co., Inc.

Fitch: BofA Enhances Global Franchise with Merrill Buy; IDR Affirmed at 'AA-' [Press Release]
Business Wire | 5 days 13 hours 33 minutes ago
Bank of America Corporation's (BAC) completed acquisition of Merrill Lynch & Co., Inc., (MER) enhances the bank's already global presence in capital markets activities, investment banking, large corporate lending, real estate lending, credit cards, other lending to U.S. consumers, and investment and wealth management activities, according to Fitch Ratings, which has affirmed BAC's 'AA-/F1+' long- and short-term Issuer Default Ratings (IDRs) with a Stable Outlook. Fitch has also affirmed MER's...

Fitch Affirms 'A+' Rating & Removes From Rating Watch 5 Gas Prepaid Deals [Press Release]
Business Wire | 2 days 2 hours 45 minutes ago
Fitch Ratings affirms five prepaid gas revenue bond projects at 'A+' and removes them from Rating Watch.

Bank of America Completes Merrill Lynch Purchase [Press Release]
PRNewswire | 6 days 5 hours 53 minutes ago
CHARLOTTE, N.C., Jan. 1 /PRNewswire/ -- Bank of America Corporation today completed its purchase of Merrill Lynch & Co., Inc. creating a premier financial services franchise with significantly enhanced wealth management, investment banking and international capabilities.

Merrill Lynch Stockholders Approve Transaction with Bank of America [Press Release]
Business Wire | 33 days 11 hours 45 minutes ago
Merrill Lynch & Co., Inc. (NYSE: MER) announced that Bank of America’s acquisition of Merrill Lynch was approved today at its special stockholders meeting along with two other related proposals. Under the terms of the transaction, which was announced on September 15, 2008, Merrill Lynch stockholders will receive 0.8595 of a share of Bank of America common stock for each share of Merrill Lynch common stock held immediately prior to the merger and Merrill Lynch & Co., Inc. will become a wholly-...

Bank of America Receives Federal Reserve Approval of Merrill Lynch Purchase [Press Release]
PRNewswire | 37 days 9 hours 27 minutes ago
CHARLOTTE, N.C., Nov. 26 /PRNewswire/ -- Bank of America Corporation today received approval from the Board of Governors of the Federal Reserve System of the company's purchase of Merrill Lynch & Co., Inc. Bank of America aims to close the transaction by the end of the year pending shareholder and other regulatory approvals.

Merrill Lynch Statement on 2008 Executive Compensation [Press Release]
Business Wire | 30 days 2 hours 17 minutes ago
At today's scheduled Merrill Lynch & Co. Inc., (NYSE: MER) board meeting John A. Thain, chairman and CEO, requested that he receive no bonus for 2008. Each of the four executive officers of Merrill Lynch, President and COO Greg Fleming, Chief Financial Officer Nelson Chai, President of Global Wealth Management Robert McCann, and General Counsel Rosemary Berkery requested that they also receive no bonus for 2008. Mr. Thain and the other executive officers believe this is the appropriate recomm...

Standard & Poor's Announces Changes to U.S. Indices [Press Release]
PRNewswire | 14 days 20 hours 42 minutes ago
NEW YORK, Dec. 23 /PRNewswire/ -- Standard & Poor's will make the following changes to the S&P 100, S&P 500, S&P MidCap 400 and S&P SmallCap 600 indices:

Ardent Hotel Advisors Partners with Steven Surgent to Form Ardent Hotel Investors [Press Release]
PRNewswire | 4 hours 11 minutes ago
SCOTTSDALE, Ariz., Jan. 7 /PRNewswire/ -- Ardent Hotel Advisors, one of the nation's premier hotel management and asset management companies, today announced that it has partnered with Steven Surgent to form Ardent Hotel Investors (AHI), a real estate private equity firm that will focus on the acquisition of value-added hospitality opportunities throughout the U.S. As principal of AHI, Surgent will be responsible for launching the company's hospitality investment platform in addition to prov...

Bank of America Shareholders Approve Merrill Lynch Purchase [Press Release]
PRNewswire | 33 days 4 hours 53 minutes ago
CHARLOTTE, N.C., Dec. 5 /PRNewswire/ -- Bank of America Corporation shareholders during a special meeting today approved the acquisition of Merrill Lynch & Co., Inc. by authorizing the shares of common stock to be issued in the merger.

BCE Acquisition Inc. Issues Statement on BCE Announcement [Press Release]
Business Wire | 42 days 12 hours 59 minutes ago
BCE Acquisition Inc., a company organized by an investor group led by Teachers’ Private Capital, the private investment arm of the Ontario Teachers’ Pension Plan and affiliates of Providence Equity Partners Inc., Madison Dearborn Partners, LLC and Merrill Lynch Global Private Equity, issued the following statement regarding BCE’s announcement today:

Bank of America Announces Regional Leadership Positions [Press Release]
PRNewswire | 20 days 3 hours 57 minutes ago
CHARLOTTE, N.C., Dec. 18 /PRNewswire/ -- Bank of America today announced key regional leadership positions that will be in place once the purchase of Merrill Lynch & Co., Inc. is complete. They will report to John Thain, president of Global Banking, Securities and Wealth Management, in the combined company.

Seven Summits Research Releases Alerts on SLB, POT, MER, SPG, and DD [Press Release]
PRNewswire | 8 days 5 hours 22 minutes ago
CHICAGO, Dec. 30 /PRNewswire/ -- Seven Summits Research issues PriceWatch Alerts for key stocks.

KBW Announces Changes to KBW Capital Markets Index (KSX) and KBW Regional Banking Index (KRX) [Press Release]
Business Wire | 21 days 3 hours 59 minutes ago
Keefe, Bruyette & Woods, Inc., a full service investment bank that specializes in the financial services sector, and a wholly-owned subsidiary of KBW, Inc. (NYSE: KBW), today announced a quarterly rebalancing and upcoming changes to the KBW Capital Markets Index (Index Symbol: KSXSM, ETF Symbol: KCESM) and KBW Regional Banking Index (Index Symbol: KRXSM, ETF Symbol: KRESM).

Frontier Communications Corporation and Ronald A. Katz Technology Licensing, L.P. Settle Patent Lawsuit and Enter into License Agreement [Press Release]
Business Wire | 9 days 13 hours 53 minutes ago
Frontier Communications Corporation (NYSE:FTR) and Ronald A. Katz Technology Licensing, L.P., headquartered in Los Angeles, announced today the settlement of patent litigation between the parties. As part of the settlement, Frontier Communications Corporation has agreed to pay an undisclosed sum for a nonexclusive license under a comprehensive portfolio of patents that Katz owns relating to interactive voice applications.

Bank of America Plans to Reduce Work Force [Press Release]
PRNewswire | 26 days 22 hours 38 minutes ago
CHARLOTTE, N.C., Dec. 11 /PRNewswire/ -- Bank of America Corporation is working on a plan to eliminate a significant number of positions over the next three years reflecting the pending merger with Merrill Lynch & Co., Inc. and the weak economic environment, which is affecting the level of business activity.