9
Shared Docs
4
Same-Page
17 / 9
Mentions
e more recent =nformation available. Please visit one of the electronic venues that =arry BofA Merrill Lynch Global Research reports or contact your Bank of =merica Merrill Lynch representative for further information. "Bank of =merica Merrill Lynch" is the marketing name for the global banking and =lobal market
venues that =arry BofA Merrill Lynch Global Research reports or contact your Bank of =merica Merrill Lynch representative for further information. "Bank of =merica Merrill Lynch" is the marketing name for the global banking and =lobal markets businesses of Bank of America Corporation. Click here to stop or =odify the delive
s likely if =xpense pattern holds - BUY - United States Date: =/b>February 2, 2017 at 9:06:14 AM =ST To: =/b>"Rich Reply-To: =/b>"Ens, Amanda" < Global Research EFTA_R1_01414365 EFTA02389702 Facebook Beat and raise, and more raises likely if =xpense pattern holds Reiterate Rating: BUY PO: 165.00 USD I
e more recent =nformation available. Please visit one of the electronic venues that =arry BofA Merrill Lynch Global Research reports or contact your Bank of =merica Merrill Lynch representative for further information. "Bank of =merica Merrill Lynch" is the marketing name for the global banking and =lobal market
venues that =arry BofA Merrill Lynch Global Research reports or contact your Bank of =merica Merrill Lynch representative for further information. "Bank of =merica Merrill Lynch" is the marketing name for the global banking and =lobal markets businesses of Bank of America Corporation. Click here to stop or =odify the delive
[email protected]> Reply-To: =/b>"Ens, Amanda" <[email protected]> EFTA_R1_01328859 EFTA02350939 Rich, as an update in case =ou still hold Global Research General Motors Company GM produces solid 4Q16, taxes drive beat, =onstructive outlook maintained — first take Maintain Rating: NEUTRAL PO: 42.00 US
e more recent =nformation available. Please visit one of the electronic venues that =arry BofA Merrill Lynch Global Research reports or contact your Bank of =merica Merrill Lynch representative for further information. "Bank of =merica Merrill Lynch" is the marketing name for the global banking and =lobal market
venues that =arry BofA Merrill Lynch Global Research reports or contact your Bank of =merica Merrill Lynch representative for further information. "Bank of =merica Merrill Lynch" is the marketing name for the global banking and =lobal markets businesses of Bank of America Corporation. 4 EFTA_R1_01910966 EFTA02662229 Cli
- NEUTRAL - United States Date: =/b>February 3, 2017 at 9:25:48 AM =ST To: =/b>"Rich Kahn"< Reply-To: =/b>"Ens, Amanda" Rich, just as an =pdate Global Research Apollo Global Management EFTA_R1_01910963 EFTA02662226 Revenue beat, with good performance and =mproving distribution Maintain Rating: NEUTRAL
/span> Click here =td style="background:#F5F3EE;padding:0in 22.5pt 0in 22.5pt"> The res=arch report and the link to such report are for the use of Bank of America M=rrill Lynch customers only and all copying, redistribution, retransmission,=publication, and any other dissemination or use of the contents thereof
pp=e Inc.: Estimate Change - Lowering iPhone estimates on anticipated delayed s=ipment of iPhone 8 - BUY (PO remains $180) Reply-To: "Ens, Am=nda" Global Research =/td> <= class="MsoNormal" align="right" style="text-align:right"> <=tbody> =span style="mso-bookmark:_MailOriginal"> aspan> Reiterate Rating:
ariables like 10-year Treasury yields, gold and S/yen also hit oversold levels. The models are useful in isolation for highlighting any anomalies in Bankof America Merrill Lynch European Equity Strategy |01 December 2016 = 21 HOUSE_OVERSIGHT_014480 --- PAGE BREAK --- recent price action for individual assets. However, the
Page: HOUSE_OVERSIGHT_014481 →eekly earnings minus CPI inflationSource: BofA Merrill Lynch REC placements is an average of permanent and temporary placements. REC and PMI shown as Global Research, ONS. standard deviations from average. Source: BofA Merrill Lynch Global Research, Markit Given all of the above, we reiterate our preference for av
Page: HOUSE_OVERSIGHT_014488 →h Personnel (including the analyst(s) responsible for this report) receive compensation based upon, among other factors, the overall profitability of Bank of America Corporation, including profits derived from investment banking. The analyst(s) responsible for this report may also receive compensation based upon, a
Page: HOUSE_OVERSIGHT_014496 →errill Lynch (Singapore) (Company Registration Nos F 06872E and 198602883D respectively). MLIBLMB and Merrill Lynch (Singapore} are regulated by MAS. Bank of America N.A, Australian Branch (ARBN 064 874 531), AFS License 412901 (BANA Australia) and Merrill Lynch Equities (Australia) Limited (ABN 65 006 276 795), AFS L
Page: HOUSE_OVERSIGHT_014496 →Investment Strategy
h Personnel (including the analyst(s) responsible for this report) receive compensation based upon, among other factors, the overall profitability of Bank of America Corporation, including profits derived from investment banking. The analyst(s) responsible for this report may also receive compensation based upon, a
Page: HOUSE_OVERSIGHT_014408 →errill Lynch (Singapore) (Company Registration Nos F 06872E and 198602883D respectively). MLIBLMB and Merrill Lynch (Singapore} are regulated by MAS. Bank of America N.A, Australian Branch (ARBN 064 874 531), AFS License 412901 (BANA Australia) and Merrill Lynch Equities (Australia) Limited (ABN 65 006 276 795), AFS L
Page: HOUSE_OVERSIGHT_014408 →public information. Facts and views presented in this material that rela professionals in other busi This re securities. None of MLPF&S, any of i Global Research policy prohibits rese report containing such rating, recommendation or investment thesis. Any in seek tax advice based on tl The information herein
Page: HOUSE_OVERSIGHT_014409 →Earnings Preview
= -1.2% = 5.0% = -3.1% ~=— 6.0% ~=—-0.9% 8.9% -14% 29% 4.2% 3.0% 0.4% —-1.0% 3.3% -2.4% 3.6% Source: Smith Travel Research (STR), BofA Merrill Lynch Global Research estimates; Note: **March data is month to date Estimates vs. Consensus: In-line 1Q revenue and EPS We expect 1Q revenue/EPS of $2.13bn/S0.07 vs. the
Page: HOUSE_OVERSIGHT_014906 →agement maintains the outlook on the April call, particularly given the velocity of new feature launches and potential investments in video content. Bankof America Merrill Lynch Internet/e-Commerce | 06 April2017 = 21 HOUSE_OVERSIGHT_014907 --- PAGE BREAK --- Chart 10: 2017 expense forecast now reflected in estimates; pote
Page: HOUSE_OVERSIGHT_014908 →h Personnel (including the analyst(s) responsible for this report) receive compensation based upon, among other factors, the overall profitability of Bank of America Corporation, including profits derived from investment banking. The analyst(s) responsible for this report may also receive compensation based upon, a
Page: HOUSE_OVERSIGHT_014949 →outside of the United Kingdom. BofA errill Lyne h Global Researc| MLPF&S or one of its affiliates is a regular iss
vestment decision. Refer to important disclosures on page 28 to 29. Analyst Certification on page 27. 11756528 Timestamp: 20 June 2017 01:18AM EDT Bankof America Merrill Lynch 20) une 2017 Equity Derivatives Glob. al BofA Analytics = DATA DRIVEN = Global Equity Derivatives Rsch MLPI F&S Anshul Gupta
Page: HOUSE_OVERSIGHT_014972 →most recently available data which may be delayed in some cases. “Trade Value” represents current valuation of trades initiated on the “Open Date”. Bankof America Merrill Lynch Global Equity Volatility Insights | 20 June 2017. 25 HOUSE_OVERSIGHT_014996 --- PAGE BREAK --- Volatility in Numbers (16-Jun-17) Table 11: Stati
Page: HOUSE_OVERSIGHT_014997 →Estimate Change
h Personnel (including the analyst(s) responsible for this report) receive compensation based upon, among other factors, the overall profitability of Bank of America Corporation, including profits derived from investment banking. The analyst(s) responsible for this report may also receive compensation based upon, a
Page: HOUSE_OVERSIGHT_014884 →, any of its affiliates or their research analysts has any authority whatsoever to make any representation or warranty on behalf of the issuer(s). Bo Global Research policy prohibits research personnel from disclosing a recommendation, investment rating, or investment thesis for review by an issuer prior to the v
Page: HOUSE_OVERSIGHT_014886 →Entities connected to both Bank of America and Global Research

Jeffrey Epstein
PERSON
Richard Kahn
PERSON
Marc Rich
PERSON
United States
LOCATIONAmanda
PERSON
Donald Trump
PERSON
Bank of America Corporation
ORGANIZATION
Merrill Lynch
ORGANIZATION
United Kingdom
LOCATION
Bloomberg L.P.
ORGANIZATIONPierce, Fenner & Smith Incorporated
ORGANIZATION
Michael Bloomberg
PERSON
U.S. Treasury
ORGANIZATION
Condoleezza Rice
PERSON
BofA Merrill Lynch
ORGANIZATION
Merrill Lynch Global Wealth Management
ORGANIZATION
Seoul
LOCATIONMerchant Bank
ORGANIZATION
Frankfurt
LOCATIONThe Financial Service Board
ORGANIZATION