91 ordspråk av Merrill Lynch

Merrill Lynch

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It's not going to be that much of a negative for the consumers. After all, they're paying much lower prices than we've paid for six months... ( It ) might actually make everybody a winner n the sense that it could create a little stability in the market.

Lower refinery utilization is contributing to a build-up in crude oil, but reducing the oversupply in petroleum products.

Management believes the group can generate half of its profits from outside the U.K. within three years from the current portfolio of businesses - we think highlights the strong organic growth possibilities within the business.

On the face of it, this sounds like a positive piece of news for Cairn, however, we think ONGC are most likely to look to a acquire an additional stake in Cairns 70 per cent owned Rajasthan block, rather than a full blown corporate move.

One of the factors contributing to retail margin pressures in January was a shift in advertising to later in the year, in support of Target's evolution to more a department store and gift destination.

One of the factors contributing to retail margin pressures in January was a shift in advertising to later in the year, in support of Target's evolution to more of a department store and gift destination.

Other suitors may appear for one or both companies. However, European power is changing rapidly and neither company can ignore the implications.

Our intermediate-term 'strong buy' rating for Intel stands -- first-quarter PC inventory rebuild should temper seasonal weakness.

Our marketing plans do not call for us to refer to the university in any way nor do we have any intention of using the reputation of the university to promote the brand.

Overall, the results were poor and the outlook highlights that JLT has not turned the corner yet. Consensus estimates are likely to come down by 10 to 15 per cent.

PSA will replace nearly one third of its model line-up in 2006, which should drive more rapid volume growth in 2006 than the pedestrian level reached in 2005.

Questions remain about the sustainability of the turnaround at Fiat Auto and profitability of underlying business, in the absence of further exception items (like assets sales and the GM one off gain).

Recent disruptions of crude oil production in Nigeria and tensions between the West and Iran over its nuclear program... have contributed to concerns about OPEC's ability to supply the market.

Risk of brain-drain and lost business dissipates now that leadership and succession issues are resolved.

Risks to oil price will continue to remain on the upside, with prices unlikely to fall materially until these factors have been resolved.

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