Results for “Bank of America Merrill Lynch”

…7 (vs 4Q16}, and 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

…r will be, directly or indirectly, related to the specific recommendations or view expressed in this research report. Bankof America 18 Top 10 US Ideas Quarterly | 03 January 2017 Merrill Lynch HOUSE_OVERSIGHT_014639

…s since 1980. Equity 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

…ck at 2.50% (25-delta), i.e., ATM +69bp. The cost is US$165K, equivalent to 17bp of yield. We target a PNL of USS300K. Bankof America 28 Global Rates, FX & EM 2017 Year Ahead | 16 November 2016 Merrill Lynch HOUSE_OVERSIGHT_014758

…pstein, Shaun C. Kelley and Vivek Arya, hereby certify that the views each of us has expressed in this research report Bankof America <> Merrill Lynch Top 10 US Ideas Quarterly | 03 January 2017. 17 HOUSE_OVERSIGHT_014638

…rsion rates that lead to lower PMC growth, the need to acquire competing sites to maintain growth or market share, and Bankof America Merrill Lynch Internet/e-Commerce | 06 April2017 955 HOUSE_OVERSIGHT_014941

…nflation) but inter-sector correlation now seems supported likely driven by the unwind of reflation trades (Chart 18). Bankof America <> ariective Merrill Lynch Global Equity Volatility Insights | 20 June 2017 11 HOUSE_OVERSIGHT_014982

… whether the populism train will gather pace or terminate at the Eurozone. Italy risks elevated, but risks two way and banks the bigger issue Although Italy goes to the polls this year, it is worthwhile starting with this Sunday’s vote. In Strategy Insights: Italy risks elevate...

…rey shading indicates the security is not covered. Chart is current as of May 31,2017 or such later date as indicated. Bankof America <> ariective Merrill Lynch Global Equity Volatility Insights | O06 June 2017 33 HOUSE_OVERSIGHT_023607

…ere Renzi stays and no snap election, given current polls and the outstanding electoral reform court case. BTPs and the banks recaps remain a tail risks for the Italian economy, although the ECB extending QE should help. A big “No” vote would boost Five Star and undermine Renzi i...

…d OpEx ramp, 5) software monetization and 6) corporate wellness program growth. 54 Internet/e-Commerce | 06 April 2017 Bankof America <2 Merrill Lynch HOUSE_OVERSIGHT_014940

…ur patents, and $6.9 in cash and cash equivalents on Yahoo's balance sheet. We 58 _Internet/e-Commerce | 06 April 2017 Bankof America <2 Merrill Lynch HOUSE_OVERSIGHT_014944

…well for outperformance Cheapen long XLF upside to near 8y lows via selling upside on structurally challenged European banks & relatively more bearish outlook for US rates vs EU USDJPY and NKY the biggest beneficiaries of a Trump win Banks and Insurance are the most leveraged...

…or will be, directly or indirectly, related to the specific recommendations or view expressed in this research report. Bankof America Merrill Lynch Internet/e-Commerce | 06 April2017 59 HOUSE_OVERSIGHT_014945

…w average growth profile, and a relatively challenging regulatory environment. This is offset slightly by a lower risk Bankof America <> Merrill Lynch Top 10 US Ideas Quarterly | 03 January 2017.15 HOUSE_OVERSIGHT_014636