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Business Description
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 group (GMI), Global Private Client (GPC), and Merrill Lynch Investment Managers (MLIM), and are conducted through numerous United States and non-United States subsidiaries and affiliates.

Financial Information
For the 39 weeks ended 9/24/04, revenues rose 9% to $22.94 billion. Net income applicable to Common rose 24% to $3.22 billion. Results reflect higher commissions, increased investment banking revenues, and lower communications costs.