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Bank of America Merrill Lynch announced second-quarter earnings results on Tuesday.
Nearly one quarter of fund managers are most worried about the market's dependence on the central bank for a boost.
The bank's analysts said they are concerned the brewer needs to spend more to maintain its market share and boost investments for its premium brands.
Bank of America just slashed its forecast for global economic growth — and it’s blaming Trump’s trade war
The firm lowered its predicted global GDP forecast to 3.3% from 3.6%. It had already lowered it in November.
Bank of America Merrill Lynch's "underperform" rating marks the first time since March a Wall Street firm has recommended selling.
Bank of America is hiking its minimum wage. Employees at the bank will make an hourly wage of at least $17 starting May 1, and $20 within two years.
Recessionary risks are top of the pile for investors with fears about growth front and center, according to a Bank of America Merrill Lynch survey.
Wall Street analysts are too pessimistic on the extent to which hardware sales will decline through 2021, Bank of America research analysts wrote.
Bank of America Merrill Lynch crushes with record quarterly earnings as trading takes smaller hit than peers
Bank of America Merrill Lynch is reporting fourth-quarter earnings Wednesday.
Around 85% of short interest in stocks is from hedge funds, according to Bank of America Merrill Lynch.