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or any other Fed °fit- SI WIN ADL Fr Do Associated Pros Ben Bemanke, testifying Thursday. said he never urged Bank of America to keep quiet about Merrill Lynch's troubles. cial urged Bank of America to keep quiet about Merrill Lynch's financial problems. Failing to divulge what he knew about Merrill's trou
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s and stock rotation are having a larger impact on stock movement than earnings estimates. eCommerce leads the group, up 8% YTD with Travel up 6% and Media behind at 5%. Small Caps are lagging Large caps YTD at 4% vs. 9%. Chart 1: YTD Stock Price Performance vs. YTD 2017 Estimate Revisions By Sector 10
Page: HOUSE_OVERSIGHT_014891 →charts for the securities referenced in this research report are available at http://pricecharts.baml.com, or call 1-800-MERRILL to have them mailed. LPF&S or one of its affiliates acts as a market maker for the equity securities recommended in the report: Alphabet, Amazon.com, Bankrate, Care.com, eBay,
Page: HOUSE_OVERSIGHT_014948 →; Merrill Lynch (Brazil}: Bank of America Merrill Lynch Banco Multiplo S.A., regulated by Comissao de Valores Mobiliarios; Merrill Lynch KSA Company, errill Lynch Kingdom of Saudi Arabia Company, regulated by the Capital Market Authority. This research report: has been approved for publication and is distribute
Page: HOUSE_OVERSIGHT_014949 →s and/or accredited investors (each as defined under the Financial Advisers Regulations) by Merrill Lynch International Bank Limited (Merchant Bank} (MLIBLMB) and Merrill Lynch (Singapore) (Company Registration Nos F 06872E and 198602883D respectively). MLIBLMB and Merrill Lynch (Singapore} are regulated b
Page: HOUSE_OVERSIGHT_014949 →ok and 2017 is a key year for pipeline news. Food & Beverage still seems the least attractive Defensive on valuation, positioning. We move overweight Media, a quality cyclical that has lagged and seen valuations de-rate. >> Employed by a non-US affiliate of MLPF&S and is not registered/qualified as a re
Page: HOUSE_OVERSIGHT_014460 →BofA Merrill Lynch Global Research. Information relating to Non-US affiliates of BofA Merrill Lynch and Distribution of Affiliate Research Reports: LPF&S distributes, or may in the future distribute, research reports of the following non-US affiliates in the US (short name: legal name, regulator): Merr
Page: HOUSE_OVERSIGHT_014496 →ibution to, or use by, any person in Hong Kong); is issued and distributed in Taiwan by Merrill Lynch (Taiwan); is issued and distributed in India by DSP Merrill Lynch India}; and is issued and distributed in Singapore to institutional investors and/or accredited investors (each as defined under the Financial Adviser
Page: HOUSE_OVERSIGHT_014496 →s and/or accredited investors (each as defined under the Financial Advisers Regulations) by Merrill Lynch International Bank Limited (Merchant Bank} (MLIBLMB) and Merrill Lynch (Singapore) (Company Registration Nos F 06872E and 198602883D respectively). MLIBLMB and Merrill Lynch (Singapore} are regulated b
Page: HOUSE_OVERSIGHT_014496 →Entities connected to both Merrill Lynch and Media

Jeffrey Epstein
PERSON
Donald Trump
PERSONPierce, Fenner & Smith Incorporated
ORGANIZATION
Bank of America
ORGANIZATION
George W. Bush
PERSON
United States
LOCATION
Marc Rich
PERSON
Michael Bloomberg
PERSON
United Kingdom
LOCATION
Frankfurt
LOCATION
Merrill Lynch Global Wealth Management
ORGANIZATION
Julie K. Brown
PERSONMerchant Bank
ORGANIZATION
BofA Merrill Lynch
ORGANIZATIONMerrill Lynch Canada Inc
ORGANIZATIONMerrill Lynch International Bank Limited
ORGANIZATIONMerrill Lynch KSA Company
ORGANIZATIONThe Financial Service Board
ORGANIZATION
Ghislaine Maxwell
PERSON
Seoul
LOCATION