Results for “Merrill Lynch (Seoul”

…a puts Snapchat minutes per user well above Twitter, but still . Bankof America 34 Internet/e-Commerce | 06 April 2017 Merrill Lynch HOUSE_OVERSIGHT_014920

… we think deceleration could persist through 2Q17, after which the y/y growth comps ease considerably. Bankof America Merrill Lynch Internet/e-Commerce | 06 April2017 =—-11 HOUSE_OVERSIGHT_014897

… -13% 48 -56% 5% FIT 26% 4% -29% 3.1 NA -271% TRIP 16% 5% -12% 29 -21% 11% TWIR 11% 3% -11% 25 -55% -1% Source: BofA Merrill Lynch Global Research, Bloomberg, as of 4/4/2017 mavilige 2 Internet/e-Commerce | 06 April 2017 9 HOUSE_OVERSIGHT_014895

… registered securities dealer under the Financial Instruments and Exchange Act in Japan; is distributed in Hong Kong by Merrill Lynch (Hong Kong)

…base® are registered service marks of Bank of America Corporation. This research report is prepared for the use of BofA Merrill Lynch clients and may not be redistributed

estimates or price targets) without first obtaining expressed permission from an authorized officer of BofA Merrill Lynch.

… research analysts has any authority whatsoever to make any representation or warranty on behalf of the issuer(s). BofA Merrill Lynch

estimates or price targets) without first obtaining expressed permission from an authorized officer of BofA Merrill Lynch.

…commendations or view expressed in this research report. Bankof America 18 Top 10 US Ideas Quarterly | 03 January 2017 Merrill Lynch HOUSE_OVERSIGHT_014639

… 36.62 57,661.14 1,090.44 45 385.74 1Wk Change 1.15% 0.62% 1.72% -1.16% 1Mth Change 786% 11.22% 144% 0.12% Source: BofA Merrill Lynch Global Research 22 Global Equity Volatility Insights | 09 August 2016 (pertain HOUSE_OVERSIGHT_025999

… GAAP profitability, and 4) delayed on-demand service launch BankofAmerica <2” 56 Internet/e-Commerce | 06 April 2017 Merrill Lynch HOUSE_OVERSIGHT_014942

…quity market returns subsequent to the peak rate of change in bunds were moderately positive — a median Bankof America Merrill Lynch European Equity Strategy |O1 December 2016 17 HOUSE_OVERSIGHT_014476

… Brexit (28- & 27-Jun vol vs. 24-Jun vol) 0% 20% 40% 60% 80% 100% 120% 140% 160% SPX 1-day intrday vol Source: BofA Merrill Lynch Global Research. Based on daily data from June 2004 to current Chart 2: Ten-year US Treasury yields see a near record spike after Chart 3: Long B...

…ove the lower strike, the short call is worth 56bps 24 Global Equity Volatility Insights | 20 June 2017 BankofAmerica Merrill Lynch HOUSE_OVERSIGHT_014995

…ains vulnerable to the threat of foreign retailers entering directly Saudi Arabia. 62 GEMs Paper #26 | 30 June 2016 3S Merrill Lynch HOUSE_OVERSIGHT_016172