… but justified in our view as Pandora is likely to have a difficult transition year as it builds it on-Demand service. BankofAmerica <2” 30 Internet/e-Commerce | 06 April 2017 Merrill Lynch HOUSE_OVERSIGHT_014916
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US - Large Cap Oils Coverage Cluster BofA Merrill Lynch Investment rating Company ticker Bloomberg symbol Analyst BUY Anadarko Petroleum Corp. APC APC US Doug Leggate Cabot Oil & Gas Corp. COG COG US Doug Leggate ConocoPhillips COP COP US Doug Leggate Continental Resources Inc....
… 05 '06 ‘07 '08 ‘09 '10 12 13 '14 15 16 a—=CapexD&A ——Avg. Source: BofAML US Equity & Quant Strategy, S&P, Compustat BankofAmerica <2” 16 Equity Strategy Focus Point | 29 January 2017 Merrill Lynch HOUSE_OVERSIGHT_023084
…continued operations (totally excluded from our estimates) is the reason our estimates are currently below the street. BankofAmerica <2” 26 Internet/e-Commerce | 06 April 2017 Merrill Lynch HOUSE_OVERSIGHT_014912
Targeting a stable oil price As a matter of Saudi policy, we would expect a preference for oil market stability over volatility, in line with recent official pronouncements. Although volatility makes it more difficult for high cost unconventional producers to operate, volatility...
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...
… 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 Post Expedia EXPE EXPE US Justin Post Facebook FB FB US Justin Post GrubHub GRUB GRUB US Nat Schind...
Historic energy sector liberalization Partial privatization of energy sector assets could represent one of the cornerstones of the ambitious medium-term diversification strategy, and, if confirmed, serve as a highly visible and historic milestone. Such privatizations could ease...
… domestic income tax rate. If a company had a negative tax rate for a particular year, we exclude the tax rate of that BankofAmerica <2” 24 Equity Strategy Focus Point | 29 January 2017 Merrill Lynch HOUSE_OVERSIGHT_023092
000 and the house was on the market for $10.6 million dollars so he did not see the hardship. Mr. Lynch said he did not know the price but he would accept Mr. Ochstein’s statement on that. Mr. Lynch said the hardship was in the imposition of the fine itself
the riots consisted of white lynch mobs attacking blacks, and blacks fighting back. This reaction to a boxing match was one of the most widespread racial uprisings in the U.S. until the 1968 assassination of civil rights leader Dr. Martin Luther King Jr.” Zirin points out that “...
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… payment by the assignee might be considered a gift to the assignee. In the discussions with Alan about rearranging the bank loan once AP Narrows is operational, Alan agreed that there could be deemed to be a potential gift from Leon to APO1/APO2 if Leon provides a guarantee to t...
…Acknowledge institutional and security reform, economic development and state-building efforts — especially in the West Bank, under the leadership of President Abbas and Prime Minister Salam Fayyad, which have helped lay the foundations for Palestinian statehood — and endorse the...
…o the customers’ employees. The wire fraud charges alleged that the subsidiary had funds wired from its parent’s Oregon bank account to off-the-books bank accounts in South Korea that were controlled by the subsidiary. The funds, amounting to almost $2 million, were then paid to...