Posts filtered by tags: Baml[x]


 

Bitcoin would need to soar 1,670% to make an ETF possible, strategist Tom Lee says

Bitcoin would need to surge past $150,000 per coin to make an exchange-traded fund for the coin feasible, Fundstrat Global Advisors co-founder Tom Lee said, according to Bloomberg. The estimate requires a 1,670% gain for the popular cryptocurrency. It traded at roughly $8,488 as of 3 p.m. ET Friday. Large fund launches can bring in $13 billion in first-year interest, and the buzz around cryptocurrencies remains healthy, Lee said.  Lee praised the Securities and Exchange Commission for the cryp...
Tags: Apple, Facebook, Singapore, US, Trends, Bloomberg, Netflix, Bitcoin, Gm, SEC, Ben Horowitz, Securities And Exchange Commission, Fiat Chrysler, Baml, Lee, Tom Lee


Activision Blizzard’s annual convention begins next week. Bank of America analysts say investors should look out for these 5 events. (ATVI)

Activision Blizzard's annual BlizzCon convention starts November 1, and a team of Bank of America Merrill Lynch analysts highlighted what investors should keep an eye on at the event. Potential sequels in the Overwatch and Diablo video game franchises could bring massive revenue growth for the company, they wrote. It's likely the company will announce new games and expansions at the event, but demonstrations focused on its recent actions against Hong Kong supporters could bring negative public...
Tags: Hong Kong, China, Trends, Bank Of America, Activision Blizzard, Baml, Bank of America Merrill Lynch, Hearthstone, BlizzCon, ATVI, Ryan Gee, DOTA Underlords Blizzard, House of Representatives One


BAML’s Trade War Tracker

Ethan Harris is the global economist at Bank of America Merrill Lynch. Following the course of the trade war with China and all of the associated developments has become something of a necessity for market participants, even if they’ve concluded (as I have) that no one has an edge on what will happen next (or when) and that tensions could go on for years to come, with temporary pauses, re-escalations and setbacks al...The post BAML’s Trade War Tracker appeared first on The Reformed Broker. ...
Tags: Finance, China, Baml, Bank of America Merrill Lynch, Macro/Econ, Ethan Harris


China could unleash a trump card in the tech Cold War

China's position as a leading supplier of rare-earth elements is a secret weapon if trade war hostilities continue. China is a dominant supplier of the materials, which are critical for the manufacturing of many high-tech products.  Visit MarketsInsider.com for more stories. China has a trump card up its sleeve.  It could utilize its position as a leading supplier of rare-earth materials if the trade war escalates, according to a recent report. As recently as Tuesday, President Donald Tru...
Tags: Japan, China, US, Trends, Xi Jinping, Donald Trump, Defense Department, Trump, Baml, Liu, Mountain Pass, Winterfell, Arya, Global Times China, Bank of America Merrill Lynch Should, Hu Xij


China could unleash a secret weapon in the tech Cold War

China's position as a leading supplier of rare-earth elements is a secret weapon if trade-war hostilities continue. China is a dominant supplier of the materials, which are critical for the manufacturing of many high-tech products. Visit MarketsInsider.com for more stories. China has a trump card up its sleeve. A new tweet highlights how the country may seek to use its position as a leading supplier of rare-earth materials if the trade war escalates. As recently as Tuesday, President Donald ...
Tags: Japan, China, US, Trends, Earth, Xi Jinping, Donald Trump, Defense Department, Trump, Baml, Liu, Mountain Pass, Global Times China, Hu Xijin, Bank of America Merrill Lynch Should


Tesla closes at a 2 1/2-year low after Wall Street unleashes scathing new research on the electric-car maker's troubles (TSLA)

Tesla shares closed at a new 2 1/2-year low on Wednesday after two Wall Street analysts released scathing reports about the state of the electric-car maker. Citi cut its price target while Bank of America Merrill Lynch said the company's losses and cash burn rate are "not turning a corner on a sustainable basis." Watch Tesla trade live. Tesla shares closed at their lowest level in 2 1/2 years on Wednesday after two prominent Wall Street firms weighed in on what analysts describe as the elect...
Tags: Elon Musk, Trends, Tesla, TSLA, Morgan Stanley, Citi, Trump, Baml, Lowe, John Murphy, Bank of America Merrill Lynch, Adam Jonas, FCF, Michaeli, Dan Ives, Itay Michaeli


Tesla sinks to new a 2 1/2-year low after Wall Street unleashes scathing new research on the electric-car maker's troubles (TSLA)

Tesla shares fell to a 2 1/2-year low on Wednesday after two Wall Street analysts released scathing reports about the state of the electric-car maker. Citi cut its price target while Bank of America Merrill Lynch said the company's losses and cash burn rate are "not turning a corner on a sustainable basis." Watch Tesla trade live. Tesla shares fell to their lowest level in 2 1/2 years on Wednesday after two prominent Wall Street firms weighed in on what analysts describe as the electric-car ...
Tags: Elon Musk, Trends, Tesla, TSLA, Morgan Stanley, Citi, Trump, Baml, Lowe, John Murphy, Bank of America Merrill Lynch, Adam Jonas, FCF, Michaeli, Winterfell, Arya


Record level of funds hedge against stocks fall: BAML survey

Global investors' equity allocations fell 6 percentage points in May and over a third of fund managers have taken out protection against sharp stock market falls in coming months, Bank of America Merrill Lynch's latest monthly survey found on Tuesday.
Tags: Money, businessNews, Baml, Bank of America Merrill Lynch


Investors keep piling into bonds with inflows of nearly $10 billion: BAML

Global bond funds had another week of huge inflows while outflows from equities slowed to a trickle, Bank of America Merrill Lynch strategists said on Friday.
Tags: Money, businessNews, Baml, Bank of America Merrill Lynch


Short European stocks still "most crowded trade," BAML survey shows

Short positioning on European equities was the "most crowded trade" for the second straight month in April, a survey of fund managers by Bank of America Merrill Lynch found.
Tags: Money, businessNews, Baml, Bank of America Merrill Lynch


Beginning of the end: BAML sees S&P 500 rally topping out in second quarter

The U.S. benchmark S&P 500 stock index will scale new peaks above 3,000 in the second quarter before topping out, Bank of America Merrill Lynch (BAML) said on Friday as data showed more cash was pulled from global equities this week.
Tags: Money, businessNews, Baml, Bank of America Merrill Lynch BAML


Investors pull more than $20 billion from stocks, rush into bonds - BAML

Global equity funds saw massive outflows this week, a sharp reversal from last week's inflows as pessimism over economic growth gripped investors once again, driving them instead to search for yield in credit and buy safer assets like bonds.
Tags: Money, businessNews, Baml


'Snail's pace': BAML says economic gender gap to endure for centuries

The economic gender gap is narrowing at such a snail's pace that suggests that women will own a smaller percentage of the world's financial assets for at least two centuries, Bank of Merrill Lynch said on Thursday.
Tags: Money, businessNews, Baml, Snail, Bank of Merrill Lynch


Belle International taps BAML for sportswear unit IPO after $6.8 billion buyout, say sources: Reuters

Chinese footwear retailer Belle International has hired Bank of America Merill Lynch (BAML) to help prepare for a Hong Kong listing of its sportswear business this year, said people with direct knowledge of the matter. The firm aims for a valuation of at least HK$20 billion ($2.55 billion) to HK$25 billion for the unit, which distributes brands such as Nike and Adidas, said two of the people. The divestiture comes nearly two years after BAML advised a consortium led by Hillhouse Capital Group an...
Tags: Hong Kong, China, Ipo, Trends, Nike, Adidas, IPOs, Euromonitor, Puma, Belle, Shenzhen, Reuters, Baml, adidas AG, Nike Inc, JD com Inc


Emerging markets most crowded trade for first time in BAML survey history

Investors said emerging markets are the most crowded trade in Bank of America Merrill Lynch's survey for the first time in its history, the bank said on Tuesday.
Tags: Money, businessNews, Baml, Bank of America Merrill Lynch


Emerging markets most popular trade for first time in BAML survey

Fund managers named emerging markets as the most crowded trade for the first time, ahead of the U.S. dollar and technology stocks, according to Bank of America Merrill Lynch's February survey released on Tuesday.
Tags: Money, businessNews, Baml, Bank of America Merrill Lynch


Where Goldman Sachs, JPMorgan, Citi and BAML outperformed last year. And where they didn’t

Why weren't you working in Goldman Sachs' ECM division?
Tags: Job Market, Analysis, Insight, Baml, News &, Goldman Sachs JPMorgan Citi, Goldman Sachs ECM


Investors increasingly concerned about company debt: BAML survey

Investors' fears about company leverage hit a ten-year high, Bank of America Merrill Lynch's January fund manager survey found on Tuesday, also highlighting their continued concern about a global trade war.
Tags: Money, businessNews, Baml, Bank of America Merrill Lynch


Mendenhall joins Fireman Capital Partners

Wes Mendenhall has joined Fireman Capital Partners as a principal. Mendenhall was previously director, global banking and markets for the Bank of America Merrill Lynch cross asset solutions team. PRESS RELEASE Wes Mendenhall Joins Fireman Capital Partners as Principal Boston, MA – January 9, 2019 – Fireman Capital Partners (“FCP”), a consumer-focused private equity firm, today announced that Wes Mendenhall has joined the firm as a Principal. He will be based in Seattle and will focus on business...
Tags: Trends, People, Wes, Seattle, Solutions, Baml, Bank of America Merrill Lynch, Mendenhall, NYU Stern School of Business, Fireman Capital Partners, FCP, Dan Fireman Managing Partner of FCP, Wes Mendenhall, Fireman Capital Partners as Principal Boston MA, Cross Asset Solutions, US Fortune 400 Family Offices


Fireman Capital hires ex-Bank of America Merrill Lynch executive Wes Mendenhall

Fireman Capital Partners hired Wes Mendenhall as a principal to focus on business development and investor relationships. Mendenhall previously worked as director in global banking and markets for Bank of America Merrill Lynch cross asset solutions group. Before, he worked in global wealth management division’s managed solutions group. Mendenhall served as an active duty paratrooper in the U.S. Army 82nd Airborne Division. Press Release Fireman Capital Partners (“FCP”), a consumer-focused privat...
Tags: Trends, People, Wes, Seattle, Solutions, Baml, Bank of America Merrill Lynch, Mendenhall, NYU Stern School of Business, Fireman Capital Partners, FCP, Fireman Capital, Dan Fireman Managing Partner of FCP, Wes Mendenhall, Cross Asset Solutions, US Fortune 400 Family Offices


Apple Faces ‘Informal Boycott’ From China Consumers, Says BAML

“According to a survey conducted by our colleagues in equity research, consumers in China and India are showing less interest in upgrading to an iPhone and more interest in upgrading to Xiaomi and Samsung,” Bank of America Merrill Lynch economists Ethan Harris and Aditya Bhave wrote in a recent note. “Apple sales may also suffer from a general redirection of Chinese demand away from U.S. products.
Tags: Apple, Science, China, India, Xiaomi, Baml, Samsung '' Bank of America Merrill Lynch, Ethan Harris, Aditya Bhave


BAML says buy equities as sentiment falls to 'extreme bear' territory

Bank of America Merrill Lynch's "Bull & Bear" gauge of market sentiment has fallen to 1.8, a level the U.S. bank's strategists describe as "extreme bear" territory that has triggered a "buy" signal for equities.
Tags: Money, businessNews, Baml, Bank of America Merrill Lynch


BAML says buy equities as sentiment gauge falls to 'extreme bear' territory

Bank of America Merrill Lynch's "Bull & Bear" gauge of market sentiment has fallen to 1.8, a level the U.S. bank's strategists describe as "extreme bear" territory that has triggered a "buy" signal for equities.
Tags: Money, businessNews, Baml, Bank of America Merrill Lynch


BANK OF AMERICA: Here are the 9 stocks we like most for the beginning of the year

2018 was a rough year for Wall Street as US equities booked t heir biggest annual decline since the financial crisis and their worst December since the Great Depression. But there is still opportunity to make money in stocks, and Bank of America Merrill Lynch is here to help. The bank has issued a list of stock picks for the first quarter of 2019. 208 was a rough year for US equity markets, with stocks seeing their worst annual performance since the financial crisis and worst December sinc...
Tags: Disney, US, America, Trends, Telecom, Espn, National Geographic, Baml, Bank of America Merrill Lynch, Foxa, DTC, David W Barden Barden, BAML Walt Disney Ticker, Century Fox FOXA, Disney Pixar Marvel Luscasfilm, Jessica Reif


Investor confidence slumps to 10-year low – business live

Rolling coverage of the latest economic and financial news, as stocks suffer their worst December in decadesLatest: More fund managers expect global growth to weakenIFO survey shows German confidence downFTSE 100 falls in early tradingInvestors worried about global economy, and Fed rate hikesAsia-Pacific stocks drop as Xi disappoints 12.25pm GMT Aviva Investors are also gloomy.Michael Grady, their chief economist, has predict that risk assets will give weaker returns in 2019, as global growt...
Tags: Europe, Business, US, Economics, Stock Markets, Ftse, Pacific, Brexit, Fed, Baml, Bank of America Merrill Lynch, Michael Grady


Investors gloomiest in a decade about world economy: BAML survey

Investor confidence has deteriorated further with more fund managers expecting global growth to weaken over the next 12 months, the worst outlook in a decade, Bank of America Merrill Lynch's December investor survey showed on Tuesday.
Tags: Money, businessNews, Baml, Bank of America Merrill Lynch


We're in the darkest hour of Apple's 'white knuckle period' and some investors are loving it (AAPL)

Apple's stock has fallen so far it's dragging down the rest of the market. Investors are split on whether Apple can ever return to healthy growth. Some believe it still has the power to raise iPhone prices. But Bank of America Merrill Lynch is worried that only 10-20% of the 1.5 billion people in Apple's "installed base" of users is actually paying for apps and music — the services that Apple has staked its future on. This is Apple's "white-knuckle period" — and some investors love it. Buy agg...
Tags: Apple, Europe, China, Trends, Tim Cook, Goldman Sachs, North America, Aapl, Baml, Wedbush, Mohan, Bank of America Merrill Lynch, ASP, Daniel Ives, Robert Cihra, Deutsche Bank Join


U.S. most-favoured equity region, tech allocations down: BAML survey

Despite market wobbles, the United States is the most favoured equity region for global fund managers, who broadly expect the S&P500 index to rise another 12 percent before peaking, Bank of America Merrill Lynch's latest investor survey showed on Tuesday.
Tags: Money, businessNews, United States, Baml, Bank of America Merrill Lynch


Apple is sliding after iPhone sales underwhelmed and it said its holiday quarter will be on the low end of expectations (AAPL)

Apple shares tumbled 7% after an earnings report which included soft guidance for Apple's all-important holiday quarter. Investors also seem to dislike that Apple plans to stop disclosing unit sales for iPhones, iPads, and Macs. Apple was able to raise the average selling price for an iPhone by 28%. Apple provided soft guidance for its all-important holiday quarter which fell on the low end of analyst expectations, and iPhone sales were essentially flat from last year and below analyst expect...
Tags: Apple, Google, Cook, Mac, China, Berlin, India, Trends, Paypal, Brooklyn, United States, Tim Cook, Apple Watch, App Store, Macbook Pro, Marketwatch


An equity research managing director just left Bank of America Merrill Lynch

The head of BAML's consumer team has gone.
Tags: Job Market, Analysis, Insight, Baml, News &, Bank of America Merrill Lynch