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Merrill Lynch & Co., Inc.

Industry: Investment Services

For the thirty nine weeks ended 30 September 2005, Merrill Lynch & Co. Inc.'s revenues increased 49% to $34.17B. Net income increased 14% to $3.68B. Revenues reflect increased interest and dividend income. Net income was partially offset by increased interest expense, higher communications & technology expense, increased occupancy & related depreciation expense, higher brokerage, clearing & exchange fees and higher consolidated investments expense.

Merrill Lynch & Co., Inc. is a holding company that, through its subsidiaries and affiliates, provides broker-dealer, investment banking, financing, wealth management, advisory, asset management, insurance, lending and related products and services on a global basis. Merrill Lynch provides these products and services to an array of clients, including individual investors, small businesses, corporations, financial institutions, governments and government agencies. The Company's business activities are grouped into three business segments: Global Markets and Investment Banking (GMI), Global Private Client (GPC) and Merrill Lynch Investment Managers (MLIM).

Merrill Lynch & Co., Inc.'s rank changes

The company's ranking in 2009 was a decline from 2008 when it was ranked 30th on the Fortune 500. The Previous ranking was based on its 2008 revenue of $64,217 million (a change of -48 million compared to 2009) and profits of $-7,777 million (a change of -20 million compared to 2009).

Another point of view

To many investors, profits are more important than revenue a company earns, If the Fortune 500 was ranked by profits instead of revenue then Merrill Lynch & Co., Inc. would be ranked 595th rather than 150th due to the fact it made a loss of $-27,612 million in 2009.

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Ones to watch

In order to take 149th position in the Fortune 500, Merrill Lynch & Co., Inc. will need to overtake Southern Company's revenue. With $17,127 million earned by Southern Company, Merrill Lynch & Co., Inc. requires an improvement of $1 million to move up the list. Next in line to take Merrill Lynch & Co., Inc.'s place in 2011 was 151st ranked Arrow Electronics, Inc. with revenues of $16,761 million, which needed to earn $0 million more in order to catch up to Merrill Lynch & Co., Inc.'s ranking.

• Address
  • Merrill Lynch & Co., Inc.
    4 World Financial Center 250 Vesey Street
    New York
    NY
    10080
• Contact Details
  • Phone: 212-449-1000
  • Fax: 212-449-7461
  • Website: www.ml.com
  • Stock Symbol: MER

Merrill Lynch & Co., Inc. is not ranked in this year's Fortune 500