49.79 0.00 (0.00%)
After hours: 4:51PM EDT
|Bid||49.20 x 500|
|Ask||49.95 x 300|
|Day's Range||49.19 - 49.94|
|52 Week Range||32.54 - 50.45|
|PE Ratio (TTM)||14.26|
|Forward Dividend & Yield||1.00 (2.04%)|
|1y Target Est||N/A|
Banks including Credit Suisse, Goldman Sachs and Morgan Stanley are unleashing new trading software systems in an attempt to pick up share in the $6 trillion market for investment-grade corporate debt....
Private equity company Advent has hired Morgan Stanley to sell its 45 percent stake in Spanish explosives manufacturer Maxam, two sources with knowledge of the matter said on Wednesday. The transaction could value the company, founded in 1872 by Alfred Nobel, at up to 1.5 billion euros (1.34 billion pounds), the sources said. Advent plans to raise up to 675 million euros from the sale of its stake, equivalent to a multiple of 8 to 10 times Maxam's core profit (EBITDA), based on the valuations of other comparable companies in the sector, they said.
Morgan Stanley reported an earnings beat earlier this week, with the investment banking giant’s revenues and profits for the third quarter continuing to draw on the strength of its wealth management franchise.
Morgan Stanley sees a way to make money betting against U.S. residential mortgage-backed securities. Just don’t say it’s a “big short.”
Fixed-income trading revenue fell 20%, matching a slide across Wall Street as volatility from last year's Brexit vote and the U.S. presidential election faded.
Morgan Stanley (MS) shares got a more than 2% lift on Wednesday after reporting an quarterly earnings beat. Morgan Stanley posted adjusted earnings per share of $0.93 on revenue of $9.2 billion for the third quarter, exceeding analyst expectations of $0.81 EPS and $9 billion in sales, according to Bloomberg. JMP Securities' analyst Devin Ryan stayed his Market Outperform rating on the stock, but raised his price target by a dollar to $54.
Goldman Sachs and Morgan Stanley reported better than expected third quarter earnings but strength was short-lived. Here's how to trade share-price volatility.
Morgan Stanley said its third-quarter profit rose 12% to $1.78 billion as its giant wealth-management business continued to churn out reliable and growing profits even as trading revenue declined.
Keith Bliss of Cuttone and Company joins Yahoo Finance's Alexis Christoforous from the floor of the New York Stock Exchange to discuss earnings season, as 10% of S&P 500 companies have reported.
Oct.18 -- As earnings season for the biggest banks drew to a close, Morgan Stanley and Goldman Sachs joined other major U.S. lenders in showing the advantages and drawbacks of calm markets. Bloomberg's Laura Keller reports.