42.71 0.00 (0.00%)
After hours: 4:28PM EDT
|Bid||42.50 x 3200|
|Ask||42.52 x 900|
|Day's Range||42.15 - 42.82|
|52 Week Range||36.74 - 54.28|
|Beta (3Y Monthly)||1.15|
|PE Ratio (TTM)||9.18|
|Forward Dividend & Yield||1.20 (2.49%)|
|1y Target Est||N/A|
Morgan Stanley said on Tuesday that more than 95 percent of shares voted to approve its executive compensation packages and that all of its directors were elected at the bank's annual shareholder meeting in Purchase, New York. More than 89 percent of shareholders voted no on a proposal that the bank report annually on its lobbying efforts, according to preliminary tallies.
Goldman Sachs Group Inc., Nomura Holdings Inc. and JPMorgan Chase and Co. are among those that have rewritten their forecasts as U.S. President Donald Trump threatens to impose a 25% tariffs on around $300 billion of additional Chinese imports. Analysts at Nomura have made that hike in duties -- which would mean practically all of China’s exports to the U.S. are hit by tariff hikes -- their baseline forecast.
Global consumer lender Home Credit Group has appointed Citigroup, HSBC Holdings and Morgan Stanley to lead its upcoming Hong Kong initial public offering (IPO) of at least $1 billion, three people with direct knowledge of the matter said. One person said Home Credit plans to file with the Hong Kong stock exchange as early as next month and list in September or October. Home Credit, Citi, HSBC and Morgan Stanley declined to comment.
, saying the ride-hailing company had come to market during a “very difficult week” and its long-term share price performance would be more important than its early trading. Morgan Stanley, one of the two biggest advisers in Silicon Valley, was the lead bank on the deal. “I think you do your best to find price transparency by matching supply and demand after thousands of hours of talking to investors, but that came to the market during a very difficult week, and difficult weeks deliver unpredictable outcomes,” Mr Gorman told reporters on the sidelines of Morgan Stanley’s annual shareholder meeting in Purchase, New York.
FT premium subscribers can click here to receive Due Diligence every day by email. Few on Wall Street or in Silicon Valley believe the battle between Morgan Stanley and Goldman Sachs will shake out the same way in one category. The next three banks — Bank of America, Allen & Co and Citigroup — earned less than a third of their bounty, according to data provider Refinitiv.
Goldman Sachs and Morgan Stanley have distinct ways of doing business, with one focusing on high rewards and the other on caution.
Paint and coatings stocks have retreated toward support amid trade tariffs and margin pressure. Brush up on three trading ideas to play a rebound.
Sterling fell to fresh multi-month lows on Wednesday as Theresa May’s final gamble to force her Brexit deal through parliament met a wall of opposition. The pound fell 0.5 per cent on the day to trade around $1.2650, its lowest level since early January. The currency had briefly rallied on Tuesday as the prime minister offered MPs a “new deal” including the possibility of a second referendum if they back the withdrawal bill at the fourth time of asking.
Morgan Stanley (MS) is cutting jobs at its equities business in London after reporting a decline in equity trading revenues in first-quarter 2019.
"Maintain sell/high risk as the risk/reward still appears negatively skewed despite the recent capital raise and stock pullback," Citi's Itay Michaeli says. Morgan Stanley caused a stir on Tuesday when star auto analyst Adam Jonas put out a "bear case" scenario that envisioned Tesla TSLA 's shares plummeting to just $10. Citi's Itay Michaeli sees increasing probability the shares plummet more than 80% to $36.
Morgan Stanley, Goldman Sachs and JPMorgan Chase have a vice-like grip on advising top technology companies. After Uber and Lyft’s weak initial public offerings, rival banks are hoping for some market disruption. “The quality of deal execution is being called into question more, by both corporates and VCs [venture capital firms],” said David Hermer, head of equity capital markets at Credit Suisse, noting that a “small number of banks have a disproportionate share of leadership roles in technology IPO”.
It has also been amended to reflect that shares of Arabian Centres are due to start trading on Wednesday. It will be the biggest initial public offering since the $6bn listing of lender National Commercial Bank in late 2014.
Morgan Stanley NYSE:MSView full report here! Summary * Perception of the company's creditworthiness is neutral * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is extremely low for MS with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting MS. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding MS totaled $12.24 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is strong relative to the trend shown over the past year, but is easing. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. MS credit default swap spreads are within the middle of their range for the last three years.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Investing.com - Tesla (NASDAQ:TSLA) stock was fighting to avoid a fifth down day midday Tuesday as it pared losses following a withering sell-side research call.
The S&P; 500 rose 17 points or 0.6% by 9:44 AM ET (13:44 GMT), while the Dow gained 128 points or 0.5% and tech-heavy Nasdaq composite was up 66 points or 0.9%.
At least five people have been affected in equity trading and sales trading in London, including Simon Mardel, Matthew Bubba, Tom Cooper, Robert Bloomer and Neil Taub, said the people, who asked not to be identified because the matter is confidential. Morgan Stanley’s first quarter fixed-income, currency and commodity sales and trading revenue beat estimates, while equities trailed, echoing results from peers Goldman Sachs Group Inc., Bank of America Corp. and Citigroup Inc. The bank is this year’s top lead underwriter of technology initial public offerings, and was involved in bringing Uber Technologies Inc. to market.
Stocks are closing lower on Wall Street Monday as technology stocks suffer steep declines. In the latest turn, the Trump administration is cracking down on Chinese telecom giant Huawei. Companies that supply technology to Huawei fell, with Broadcom and Qualcomm each falling 6%.
It was 2012 and the humiliating stock-market debut of Facebook Inc. was spawning investor losses and lawsuits. For now, Grimes remains the banker to beat in Silicon Valley, with one investor saying the only other competitor that’s comparable is one of Goldman Sachs Group Inc.’s top technology bankers, Ryan Limaye.
JPMorgan's (JPM) deal to acquire InstaMed is in sync with its plan to expand into fast growing U.S. healthcare payments markets and garner significant share.