(The sale) would not surprise me. (It would be) consistent with what we have been saying about downsizing in international retail brokerage. |
Anything that affects the balance sheet in this magnitude is important. |
Financial consultants like stability. Merrill needs to make sure its brokers are convinced that management's interests are aligned with theirs. |
Gorman's appointment is a telltale sign that the retail-brokerage arena is changing. It's to [O'Neal's] credit that he could get Gorman to come over, and you'll continue to see Merrill's marketing machine evolve. |
This year has been a market for all types, and in just eight weeks. If you don't like what you see today, then just give it a day or two. |
We still like the equities market and think the S&P 500 could potentially go through 1300 this week. |