|Day's Range||42.30 - 42.74|
|52 Week Range||23.11 - 47.33|
|PE Ratio (TTM)||12.65|
|Earnings Date||Jul 18, 2017 - Jul 24, 2017|
|Dividend & Yield||0.80 (1.92%)|
|1y Target Est||48.42|
Analyst Reports for Alphabet, Morgan Stanley, Abbott & Others
Morgan Stanley will curtail its recruiting of veteran brokers, becoming the latest wirehouse to rethink the practice of paying top dollar to poach talent. In a memo to brokerage managers on Tuesday, wealth-management heads Shelley O’Connor and Andy Saperstein said the firm would “significantly reduce experienced adviser recruiting” in an effort to tamp down costs, while spending more on supporting existing brokers and investments in new technology. Merrill Lynch earlier this month told some executives that it would pause all recruiting after June 1 as it developed a new incentive package aimed at courting the industry’s most valuable free agents.
Bank investors hoping financial deregulation will open the door for a new golden era of banking in the near future will likely have to be patient and keep expectations in check. Material changes to banking ...