Please, Signup (Login) to subscribe or trade (demo)
Morgan Stanley stock price
Morgan Stanley latest news:
BRIEF-Funding Circle Lining Up Morgan Stanley To Spearhead London Flotation Expected To Value It At 1.5 Bln Stg - Sky ...
* FUNDING CIRCLE IS LINING UP MORGAN STANLEY TO SPEARHEAD A LONDON FLOTATION EXPECTED TO VALUE IT AT 1.5 BILLION STG - SKY NEWS, CITING SOURCESââ Source text: http://bit.ly/2BxZqUy Further company coverage:
Bristol-Myers's stock surges toward 18-month high after Morgan Stanley turns bullish
Bristol-Myers Squibb Co.'s stock shot up 4.1% toward an 18-month high in morning trade Thursday, after Morgan Stanley turned bullish on the drugmaker, for the first time in 18 months, citing "compelling" immuno-oncology growth prospects. Analyst David Risinger raised his rating to overweight, after being at equal weight since Aug. 5, 2016, and boosted his stock price target to $78 from $63. Risinger said after he "dug deeper" into the company's release of the phase 3 Checkmate-227 study of Opdivo plus Yervoy combination versus chemotherapy, his investment thesis has changed: "We have greater confidence that Bristol's Opdivo + Yervoy combination regimen can play a meaningful role in first-line lung cancer, which is the largest cancer market." The stock was on track to close at the highest level since Aug. 4, 2016. It has now run up 11.5% over the past three months, while the SPDR Health Care Select Sector ETF has gained 4.3% and the S&P 500 has climbed 5.6%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
U.S. first-quarter GDP forecasts cut after weak retail sales
Wall Street firms cut their forecasts for U.S. economic growth in the first quarter of 2018 after a disappointing decline in retail sales in January. Morgan Stanley chopped its estimate for gross domestic product to 2.9% from 3.3%. Barclays and IHS trimmed their GDP estimates to 2.3% from 2.5%. And Bank of America Merrill Lynch lowered its target to 2% from 2.3%. Sales at U.S. retailers fell 0.2% in January, the biggest drop in almost a year.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
BRIEF-Fifth Third Bancorp Enters New Share Repurchase Agreement
* FIFTH THIRD BANCORP SAYS ON FEB 8, CO ENTERED NEW SHARE
REPURCHASE AGREEMENT WITH MORGAN STANLEY & CO. LLC - SEC FILING
Racial bias persists at Morgan Stanley, new lawsuit claims
NEW YORK, Feb 1 (Reuters) - Morgan Stanley has
reneged on promises to stop discriminating against black
employees, according to a lawsuit by a former broker who said he
was fired after complaining about racial bias, including in pay
and career opportunities.
UPDATE 2-Two ex-Morgan Stanley advisers to plead guilty to U.S. fraud charges
BOSTON, Jan 31 (Reuters) - Two former Morgan Stanley
advisers have agreed to plead guilty to U.S. charges that they
misused client funds to invest in a wind farm project they were
involved with, federal prosecutors said on Wednesday.
Two ex-Morgan Stanley advisers to plead guilty to U.S. fraud charges
BOSTON (Reuters) - Two former Morgan Stanley advisers have agreed to plead guilty to U.S. charges that they misused client funds to make their own investments in a wind farm project, federal...
Apple stock falls after Morgan Stanley lowers target
Apple Inc. shares fell 0.8% in Thursday morning trading after Morgan Stanley analysts weighed in on the question of iPhone X supply and demand Thursday, lowering their price target to $200 from $205 but maintaining an upbeat view on the company's prospects. Rumblings of weak supply chain orders for the first half of the 2018 calendar year are "largely noise," wrote the analysts, led by Katy Huberty, though they acknowledge that "late adopters" might be more sensitive to iPhone prices as the year goes on. Huberty also believes that analyst estimates for March-quarter average selling prices "mis-modeled" the mix of higher-priced phones. She forecasts iPhone ASPs of $815 for the period, far above consensus estimates for $752. Apple shares are up 43% over the last 12 months, while the Dow Jones Industrial Average is up 31%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
AU Optronics and LG Display Upgraded: What You Need to Know
Morgan Stanley sees "two ways to win" when investing in flat-panel televisions -- but which way is the best way?
GoPro stock falls after Morgan Stanley warns of 'long year ahead'
Shares of GoPro Inc. are down 2.2% in midday trading Tuesday after analysts at Morgan Stanley downgraded the stock to underweight from equal weight. The analysts, led by Yuuji Anderson, warned that GoPro could be in for a "long year ahead" given "limited earnings power" and weak demand for its new camera line. Anderson addressed media reports saying that GoPro may be working with an investment bank on evaluating the potential for a sale, writing that he doesn't have knowledge of any such moves but that they wouldn't seem to make sense. "We think the market is giving too much credit for the potential strategic value of the company given its current earnings power," he wrote. "Whether by itself or within another ecosystem, GoPro's value is tied to its usability, and its earnings power remains at risk at the current pace of functional improvements." Anderson lowered his price target on the stock to $5 from $9.50. GoPro shares have fallen 35% over the past 12 months, compared with a 25% rise for the S&P 500 Index . Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
AMD, Nvidia stocks rise after Morgan Stanley says Ethereum rally will help results
Shares of Advanced Micro Devices Inc. and Nvidia Corp. are up 2.4% and 1.5%, respectively, in Tuesday morning trading after Morgan Stanley analyst Joseph Moore penned an upbeat note about their cryptocurrency mining businesses. He initially expected that mining revenue would "decelerate meaningfully" beginning in the fourth quarter, but he's more optimistic now given higher Ethereum prices. He increased his quarterly revenue estimates for both firms by $100 million, though he cautions that at AMD especially, the mining business could be masking weakness in other areas of the company. "Certainly a shortage in AMD graphics cards is limiting traction in the longer-lived gaming business," he wrote. Analysts at Susquehanna Financial Group also talked up the two firms' crypto businesses in a note last week. AMD shares are up 31% over the past 12 months, while Nvidia shares have gained 125%. The Philadelphia Semiconductor Index is up 50% in that time, compared with a 25% gain for the S&P 500 .Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Morgan Stanley names Asia banker as global co-head of consumer retail i-banking -memo
HONG KONG, Jan 23 (Reuters) - Morgan Stanley on
Tuesday named its senior Asia dealmaker David Aronovitch as
global co-head of consumer retail investment banking, who will
share the coverage responsibility with David Ciagne and Ben
Frost, as per an internal memo seen by Reuters.
BRIEF-Morgan Stanley CFO Pruzan Granted 31,691.39 Restricted Stock Units As Part Of 2017 Year-End Compensation
Morgan Stanley(MS): * Morgan Stanley(MS) - CFO JONATHAN PRUZAN GRANTED 31,691.39 RESTRICTED STOCK UNITS IN 2018 AS PART OF 2017 YEAR-END COMPENSATION - SEC FILING. * MORGAN STANLEY SAYS THE RESTRICTED STOCK UNITS GRANTED TO CFO PRUZAN ARE CONVERTIBLE TO SHARES OF CO'S COMMON STOCK AT A RATIO OF 1 TO 1 Source text: Further company coverage:
BRIEF-Morgan Stanley CEO Gorman Granted 20,791.84 Restricted Stock Units As Part Of 2017 Year-End Compensation
Morgan Stanley(MS): * Morgan Stanley(MS) - CEO JAMES GORMAN GRANTED 20,791.84 RESTRICTED STOCK UNITS IN 2018 AS PART OF 2017 YEAR-END COMPENSATION - SEC FILING. * Morgan Stanley (MS) - RESTRICTED STOCK UNITS GRANTED TO CEO GORMAN ARE CONVERTIBLE TO SHARES OF CO'S COMMON STOCK AT A RATIO OF 1 TO 1 Source text: Further company coverage:
Morgan Stanley lifts targets, but Wall Street wants more
(Reuters) - Morgan Stanley lifted key profitability and efficiency targets on Thursday, but those loftier goals failed to impress Wall Street analysts, who repeatedly asked Chief Executive Officer...
UPDATE 4-Morgan Stanley lifts targets, but Wall Street wants more
Jan 18 (Reuters) - Morgan Stanley lifted key
profitability and efficiency targets on Thursday, but those
loftier goals failed to impress Wall Street analysts, who
repeatedly asked Chief Executive Officer James Gorman why the
bank could not do even better.
Brazil issues $1.5 bln in reopening of 2047 dollar bond
Brazil has issued $1.5 billion worth of a 2047 dollar bond at a spread of 271 bps over U.S. Treasuries, in a reopening that is its first sovereign debt transaction of the year, the National Treasury said on Thursday. The Treasury hired Citigroup Inc (C), HSBC Holdings Plc (HSBC) and Morgan Stanley (MS) to underwrite the reopening of its Global 2047 bond.
Morgan Stanley tops estimates on underwriting, wealth management
Morgan Stanley's adjusted quarterly profit topped Wall Street estimates on Thursday as strength in underwriting and wealth management offset a sharp but expected decline in bond trading revenue.
BRIEF-Morgan Stanley Says In Medium Term Expect Roe Of 10 Pct-13 Pct And Rotce Of 11.5 Pct- 14.5 Pct
Morgan Stanley(MS): * Morgan Stanley(MS) - IN MEDIUM TERM EXPECT ROE OF 10 PERCENT - 13 PERCENT AND ROTCE OF 11.5 PERCENT - 14.5 PERCENT - SEC FILING. * MORGAN STANLEY SAYS ITS 2018 – 2019 OBJECTIVES INCLUDE DELIVERING WEALTH MANAGEMENT PRE-TAX MARGIN OF 26-28 PERCENT.
Morgan Stanley quarterly profit tanks; adjusted profit beats view
Morgan Stanley's quarterly profit dropped almost 60 percent on a provision related to the new U.S. tax law, but adjusted profit beat analyst expectations as strength in wealth management helped offset a drop in trading revenue.
Morgan Stanley shares climb after earnings top estimates
Morgan Stanley(MS) shares rose 1.3% premarket Thursday, after the bank's fourth-quarter earnings topped estimates. The bank said it had net income of $516 million, or 29 cents a share, in the quarter, down from $1.509 billion, or 81 cents a share, in the year-earlier period. Excluding a $990 million tax provision, the bank had EPS of 84 cents, ahead of the FactSet consensus of 64 cents.
Florida man gets prison for trading on tip about Gilead deal
Jan 17 (Reuters) - A Florida man was sentenced on Wednesday
to one year in prison for engaging in insider trading based on a
tip he received from an ex-Morgan Stanley broker about Gilead
Sciences Inc's planned $11.2 billion purchase of
Pharmasset Inc in 2011, prosecutors said.
PayPal stock rises to record after Morgan Stanley pens upbeat note
PayPal Holdings Inc.(PYPL) remains a leader in online acceptance, according to a new report from Morgan Stanley. Shares are up 1.9% to a record high in Wednesday trading. The payments giant retained its strong lead in the fourth quarter even though three of the top 500 Internet retailers dropped their acceptance, analyst James Faucette wrote in a note to clients Wednesday.
German property developer Instone targets March IPO -sources
German residential property developer Instone Real Estate is targeting a flotation on the Frankfurt stock exchange in March, adding to a growing pipeline of spring listings in Germany, people close to the matter said. The company is working with Morgan Stanley (MS), BNP Paribas and Unicredit as bookrunners on the deal alongside global coordinators Deutsche Bank and Credit Suisse, the sources said.
BRIEF-Victory Capital Holdings Inc Files For IPO Of Up To $100 Mln
VICTORY CAPITAL HOLDINGS INC: * VICTORY CAPITAL HOLDINGS INC FILES FOR IPO OF UP TO $100 MILLION SEC FILING. * VICTORY CAPITAL HOLDINGS INC SAYS IT INTENDS TO APPLY TO HAVE ITS COMMON STOCK LISTED ON NASDAQ SELECT MARKET UNDER THE SYMBOL "VCTR" * VICTORY CAPITAL HOLDINGS INC SAYS J.P. MORGAN, BOFA MERRILL LYNCH, MORGAN STANLEY ARE AMONG UNDERWRITERS TO IPO.
BRIEF-Akamai Technologies Said To Be Working With Morgan Stanley On Strategic Review - CNBC, Citing A Report
* AKAMAI TECHNOLOGIES INC IS SAID TO BE WORKING WITH MORGAN STANLEY ON A STRATEGIC REVIEW - CNBC, CITING A REPORT Further company coverage:
BRIEF-Morgan Stanley Alternative Investment Partners Raises $425 Mln For First Morgan Stanley Private Equity Co-Investment Fund I
Jan 8 (Reuters) - Morgan Stanley Alternative Investment
Morgan Stanley to take $1.25 billion hit in fourth-quarter from tax bill
(Reuters) - Morgan Stanley said on Friday it would take a $1.25 billion hit in its fourth-quarter earnings due to a cut in corporate tax rate as part of the U.S. tax code overhaul.
UPDATE 1-Morgan Stanley to take $1.25 bln hit in Q4 from tax bill
Jan 5 (Reuters) - Morgan Stanley said on Friday it
would take a $1.25 billion hit in its fourth-quarter earnings
due to a cut in corporate tax rate as part of the U.S. tax code
The net blow of the bill to the bank will include about a
$1.4 billion net discrete tax provision, mainly due to the
remeasurement of certain net deferred tax assets using the
lowered corporate tax rate, the company said in a filing.
Citigroup follows Morgan Stanley, UBS, quits recruiting pact -bank
Citigroup Inc(C) became the latest firm on Friday to say it would quit a 14-year-old agreement reached among Wall Street's biggest securities brokerages to not sue each other when a broker switches firms. Morgan Stanley (MS) and UBS Group AG's Wealth Management Americas discontinued the agreement, called the "broker protocol," earlier this year.
Morgan Stanley Asia-Pacific FundAPF
Morgan Stanley China A Share Fund Inc.CAF
Morgan Stanley Emerging Markets Debt FundMSD