Merrill Lynch & Company, Incorporated (MER)
Email Confirmation
OPEN
LAST
$
PREV CLOSE
CHANGE
VOLUME
Overview
News
People
Financials
Company Information
John A. Thain, CEO/Director/Chairman of the Board
4 World Financial Center
New York, NY 10080
US
Map it ![]()
Phone: (212) 449-1000
Fax: (212) 449-7357
Latest news from Portfolio
-
And the Winner Is&BloombergJul 16 2008
-
G.M.: Gotta MinimizeJul 15 2008
-
Lean for LehmanJun 27 2008
-
The C.E.O.'s New ArmorMay 12 2008
-
Sprint Time for Germany?May 05 2008
Overview
The Company provides investment, financing, insurance, and related services to individuals and institutions on a global basis through its broker, dealer, banking and other financial services subsidiaries.
Portfolio Articles
-
And the Winner Is&Bloomberg
Merrill will reportedly divest its Bloomberg interest, keep BlackRock.Jul 16 2008 -
G.M.: Gotta Minimize
The struggling automaker scales way back in order to survive.
Jul 15 2008 -
Lean for Lehman
Wall Street C.E.O.'s are giving up bonuses.Jun 27 2008 -
The C.E.O.'s New Armor
Top executives rewrote their contracts after Enron, making it nearly impossible for them to get fired. Now shareholders are paying the price.May 12 2008 -
Sprint Time for Germany?
Deutsche Telekom is said to be weighing a takeover.May 05 2008
News Feeds
-
Sector Snap: Investment Banks fall with market
AP
Jul 24 2008
-
Bank stocks look cheap, but buyers remain cautious
AP
Jul 19 2008
-
Sector Wrap: Cosmetics companies slip
AP
Jul 18 2008
-
Merrill Lynch shares fall after reporting results
AP
Jul 18 2008
-
Merrill Lynch shares fall after 2Q report
AP
Jul 18 2008
-
Merrill Lynch posts 2Q loss; sells Bloomberg stake
AP
Jul 17 2008
-
Moody's downgrades Merrill senior long-term debt
AP
Jul 17 2008
-
Earnings roundup: AMD, Merrill Lynch
AP
Jul 17 2008
-
Merrill to sell Bloomberg stake: source
Reuters
Jul 16 2008
-
Market awaits Merrill Lynch results
AP
Jul 16 2008
Portfolio Blogs
-
Chart of the Day: Credit Losses Per Employee
May 19 2008
-
Reporting on Stock Moves
Apr 25 2008
-
Causality Watch, Merrill Lynch Edition
Apr 24 2008
-
Gold: Too Volatile to be a Safe Investment
Apr 01 2008
-
Credit C.E.O. Comp Under Fire
Mar 07 2008
Press Releases
-
International House and Merrill Lynch Continue to Prepare Women for Leadership Positions Jul-22-2008, 01:22PM EDT
-
Seven Summits Research Releases Alerts on MER, VLO, COF, COST, and PCP Jul-22-2008, 09:31AM EDT
-
Merrill Lynch Reports Second Quarter 2008 Net Loss from Continuing Operations of $4.6 Billion Jul-17-2008, 04:10PM EDT
-
Bruno Fellin Appointed Managing Director Jul-16-2008, 08:45AM EDT
News From Around the Web
News
-
Bainbridge: Merrill Lynch hosts Bull Run Aug. 9
(cleveland.com)Jul 24 2008 -
Sector Snap: Investment Banks fall with market
(Businessweek)Jul 24 2008 -
Merrill Lynch's ace up its sleeve
(FierceFinance)Jul 24 2008 -
Construction starts on new office building
(Daytona Beach News-Journal)Jul 24 2008 -
Merrill puts brakes on jet-setting managers
(InvestmentNews)Jul 23 2008 -
Merrill Lynch upgraded CNH from Neutral to Buy
(iStockAnalyst)Jul 23 2008 -
East metro recent actions
(Minneapolis Star Tribune)Jul 23 2008 -
International House and Merrill Lynch Continue to Prepare Women for Leadership Positions
(MSN Money)Jul 22 2008 -
Dividends, the best source of capital right now?
(FierceFinance)Jul 22 2008 -
Merrill Lynch downgraded DHT from Neutral to Underperform
(iStockAnalyst)Jul 22 2008
Blogs
-
Option Update: Lehman & Merrill Lynch volatility stays elevated
(Blogging Stocks)Jul 24 2008 -
Merrill Lynch's ace up its sleeve
(Fierce Finance News)Jul 24 2008 -
Hedge Fund Has Water Rights for Three Glaciers
(The Stalwart)Jul 24 2008 -
You Know The Banking System Is Unsound When....
(Mish's Global Economic Trend Analysis)Jul 23 2008 -
Basel Committee on Banking Supervision proposes closing regulatory loophole that facilitated banks to own the complex assets which have incurred huge losses
(FinFacts Ireland)Jul 23 2008
Employees
Number of Employees: 64,200
Revenue per Employee: $1,013,772
Top Executives
Thomas K. Montag, Executive VP/Other Corporate Officer
Gregory J. Fleming, COO/President
Rosemary T. Berkery, Executive VP/General Counsel/Vice Chairman
Jeffrey N. Edwards, Senior VP
Robert J. McCann, Executive VP/Vice Chairman, Divisional/President, Divisional
Nelson Chai, CFO/Executive VP
Dow Kim, Executive VP/President, Divisional
Christopher B. Hayward, Chief Accounting Officer/Other Corporate Officer/Vice President
Thomas J. Sanzone, Executive VP
Laurence A. Tosi, COO, Divisional
Board of Directors
Rosemary T. Berkery, Executive VP/General Counsel/Vice Chairman
Virgis W. Colbert, Director
Armando M. Codina, Director
Judith A. Witterschein, Secretary
Robert J. McCann, Executive VP/Vice Chairman, Divisional/President, Divisional
Dame Judith Mayhew Jonas, Director
Ann N. Reese, Director
Financials
Quarterly
Annual
| Income Statement | 04/2008 | 01/2008 | 10/2007 | 07/2007 |
|---|---|---|---|---|
| Sales | NA | NA | NA | NA |
| Gross Operating Profit | -5.41 Bil. | 14.17 Bil. | 9.94 Bil. | 17.1 Bil. |
| Operating Income before D & A (EBITDA) | -5.41 Bil. | 14.17 Bil. | 9.94 Bil. | 17.1 Bil. |
| Total Income Before Interest Expenses (EBIT) | 6.45 Bil. | 14.17 Bil. | 9.94 Bil. | 17.1 Bil. |
| Total Net Income | -1.96 Bil. | -9.83 Bil. | -2.24 Bil. | 2.14 Bil. |
| Basic EPS, Total | -2.19 | -12.01 | -2.82 | 2.48 |
| Diluted EPS, Total | -2.19 | -12.01 | -2.82 | 2.24 |
| BALANCE STATEMENT | 04/2008 | 01/2008 | 10/2007 | 07/2007 |
|---|---|---|---|---|
| Cash and Equivalents | NA | NA | NA | NA |
| Total Assets | NA | NA | NA | NA |
| Total Liabilities | NA | NA | NA | NA |
| Total Capitalization | NA | NA | NA | NA |
| Cash Flow | 04/2008 | 01/2008 | 10/2007 | 07/2007 |
|---|---|---|---|---|
| Net Cash From Continuing Operations | NA | NA | NA | NA |
| Net Cash From Investing Activities | NA | NA | -11.36 Bil. | -4.8 Bil. |
| Net Cash From Financing Activities | NA | NA | 105.99 Bil. | 57.53 Bil. |
| Net Change in Cash & Cash Equivalents | NA | NA | 14.74 Bil. | 6.65 Bil. |
| Income Statement | 2008 | 2007 | 2006 | 2005 |
|---|---|---|---|---|
| Sales | NA | NA | NA | NA |
| Gross Operating Profit | 56.97 Bil. | 44.39 Bil. | 29 Bil. | 16.28 Bil. |
| Operating Income before D & A (EBITDA) | 56.97 Bil. | 44.39 Bil. | 29 Bil. | 16.28 Bil. |
| Total Income Before Interest Expenses (EBIT) | 56.97 Bil. | 46.36 Bil. | 29 Bil. | 16.28 Bil. |
| Total Net Income | -7.78 Bil. | 7.5 Bil. | 5.12 Bil. | 4.44 Bil. |
| Basic EPS, Total | -9.69 | 8.42 | 5.66 | 4.81 |
| Diluted EPS, Total | -9.69 | 7.59 | 5.16 | 4.38 |
| BALANCE STATEMENT | 2008 | 2007 | 2006 | 2005 |
|---|---|---|---|---|
| Cash and Equivalents | NA | NA | NA | NA |
| Total Assets | NA | NA | NA | NA |
| Total Liabilities | NA | NA | NA | NA |
| Total Capitalization | NA | NA | NA | NA |
| Cash Flow | 2008 | 2007 | 2006 | 2005 |
|---|---|---|---|---|
| Net Cash From Continuing Operations | NA | NA | NA | NA |
| Net Cash From Investing Activities | NA | -11.01 Bil. | -3.94 Bil. | -4.95 Bil. |
| Net Cash From Financing Activities | NA | 67.94 Bil. | 23.39 Bil. | 29.29 Bil. |
| Net Change in Cash & Cash Equivalents | NA | 17.52 Bil. | -6.2 Bil. | 11.07 Bil. |
Related Companies by Market Cap
Company Name
Price
Change
Market Cap
51.88 Bil.
30.67 Bil.
28.34 Bil.
24.53 Bil.
Company Profile Change Request
The data provided in our company profiles comes from third party information providers.- If you have a change request regarding a publicly traded company, click here
- If your request pertains to a private company, click here
Also in Portfolio.com
Most Emailed
Recently Commented
TOP 5
(Daily)
A smart take on the top stories shaping the business world.
Executives & Careers
(Tuesdays)
A weekly guide to the personalities and ideas that are transforming the business world.
Inside Portfolio.com
(Wednesdays)
Our roundup of the week's best from Portfolio.com.
Culture & Lifestyle
(Fridays)
A weekly guide to the best ways to spend your time - and money.
In This Issue
(Monthly)
Be the first to know when the latest issue of Condé Nast Portfolio magazine is online.


