Results for “BofA Merri”

…P 8.8 n 0 88 00% Real Estate SX86P 1.9 n 0 1.9 00% Technology SX8P 3.8 n 0 3.8 00% Telecomm SXKP 41 n 0 44 00% Source: BofA Merrill Lynch Global Research, Bloomberg Reflation rotation - tactically got very stretched Over the last two weeks we cut our weightings in Basic Resour...

…rience in FX markets and the financial resources to absorb any losses arising from applying these ideas or strategies. BofA Merrill Lynch does and seeks to do business with issuers covered in its research reports. As a result, investors should be aware that the firm may have a c...

…diversification from Amore simplified structure and growth improving margin fixed income flows increased float Source: BofA Merrill Lynch Global Research « AB has seen and expects to continue to see above average organic growth (ex 3Q which was weighed down by lumpy institution...

…ased visibility on reduced tax complexity attractive credit return the business model the distribution outlook Source: BofA Merrill Lynch Global Research ¢ — If comprehensive tax reform includes an elimination of carried interest tax, potentially moving to an ordinary income ra...

…l spreads Hans Mikkelsen Credit Buy basket of Euro AT1s Barnaby Martin Long Xover short Main loannis Angelakis Source: BofA Merrill Lynch Global Research. For the full methodology and reference pricing please see Appendices. New trades in bold. Themes Long Cyclicality « Long A...

… construction that — Labor fiduciary human in volatile structure interface platform — outperforms rule markets Source: BofA Merrill Lynch Global Research ¢ Finally, all of the panel participants believe that the DOL Fiduciary Rule will not be repealed by the new administration,...

US - Aerospace and Defense Coverage Cluster BofA Merrill Lynch Investment rating Company ticker Bloomberg symbol Analyst BUY AerCap Holdings NV. AER AER US Kristine T. Liwag Air Lease Corporation AL ALUS Kristine T. Liwag Bombardier Inc. YBBD B BBD/B CN Ronald J. Epstein Booz A...

…this report is prohibited. This report is intended for [email protected] Hess Corp. Inflection point: adding Hess to BofAML’s US 1 ‘best ideas’ list Reiterate Rating: BUY | PO: 80.00 USD | Price: 49.97 USD Short interest ratio: catalyst for recovery Over the past six month...

US - Internet Coverage Cluster BofA Merrill Lynch Investment rating Company ticker Bloomberg symbol Analyst BUY Alphabet GOOGL GOOGL US Justin Post Alphabet GOOG GOOG US Justin Post Amazon.com AMZN AMZN US Justin Post Bankrate RATE RATE US Nat Schindler eBay EBAY EBAY US Justin...

…by gross food sales growth and an improving take rate. Table 16: GrubHub Estimate Summary 1017 2017 2017 2018 Revenue BofAML est. $153 $159 $650 $815 Growth Y/Y% 37% 33% 32% 25% Street $153 $158 $645 $782 BofAML vs. Street Below Above Above Above EBITDA BofAML est. $41 46 $184...

…eased contribution Increased float and earnings the distribution from RA and GMS _ reduced complexity segments Source: BofA Merrill Lynch Global Research « — If comprehensive tax reform includes an elimination of carried interest tax, potentially moving to an ordinary income ra...

…ore Increase the dividend Support faster organic Pursue M&A aggressive on payout growth opportunities buybacks Source: BofA Merrill Lynch Global Research = Management is positive but cautious on online lending partnerships. Investors were also relatively split in how they view...

…E and __ following strong estate market & deployment/returns structure distributions fundraising hedge funds Source: BofA Merrill Lynch Global Research e Mr. Gray thinks the economic narrative has changed for the U.S., from low growth and low interest rates to a more pro-grow...

…r GAAP EPS for higher amortization of deferred tax asset. Table 12: eBay Earnings Summary 1Q17 2017 2017 2018 Revenue BofAML est. $2,210 $2,340 $9,458 $10,062 Growth Y/Y% 3% 5% 5% 6% Street $2,206 $2,315 $9,398 $9,925 BofAML vs. Street Above Above Above Above EBITDA BofAML est....

…WTR 14.53 Wayfair W 40.21 Yahoo! YHOO 46.38 Yelp YELP 33.22 Zillow A ZG 33.49 Zillow C Z 33.47 ZYNGA ZNGA 2.18 Source: BofA Merrill Lynch Global Research, Prices as of 5 April 2017 52 __Internet/e-Commerce | 06 April 2017 Bankof America <2 Merrill Lynch HOUSE_OVERSIGHT_014938