|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's Range||45.64 - 46.72|
|52 Week Range||42.88 - 59.38|
|Beta (3Y Monthly)||1.41|
|PE Ratio (TTM)||11.82|
|Earnings Date||Jan 16, 2019 - Jan 21, 2019|
|Forward Dividend & Yield||1.20 (2.61%)|
|1y Target Est||58.98|
The Dow snaps its losing streak. Should investors trade it or fade it? With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Steve Grasso, Brian Kelly and Dan Nathan.
The Federal Reserve Bank will continue to raise interest rates despite Trump's criticism. Yahoo finance's Seana Smith, and Adam Shapiro discuss.
Treasury Secretary says he will not be attending the Saudi Arabia conference. Yahoo Finance's Seana Smith, Adam Shapiro and Dan Roberts discuss.
It may be hard to find good help these days, but for some companies, they're a little more attractive to job seekers. Yahoo Finance's Alexis Christoforous, Sibile Marcellus, Julia La Roche and Scott Gamm discuss.
Banks gone wild. Are they out of the woods, and is the great rotation for real? With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Pete Najarian, Dan Nathan and Guy Adami.
Live from the floor of the New York Stock Exchange, Yahoo Finance's Jared Blikre joins Seana Smith to discuss the latest market moves.
Jim Cramer explains what led the market to soar on Tuesday after days of selling and says the strength can last if the Fed behaves accordingly.
Firms ranging from big Wall Street names to Silicon Valley start-ups are testing the waters to see how artificial intelligence can help consumers manage their money and plan for retirement. Automating processes can help enhance the work of human financial advisors or replace them altogether — depending on who you ask. The next time you receive an email or get automated feedback on how to manage your money, know that artificial intelligence could be behind it.
is sweetening its sunset retirement packages for top-producing advisors, according to an internal memo. FAP allows retiring advisors to monetize their practice by transferring their books of business to more junior counterparts. Under the new plan, the top advisors’ maximum retirement payouts increase from 250% of 12-month trailing production to 350%, according to FinancialAdvisorIQ.
The Mega Millions jackpot has reached $1 billion. A Mega Millions prize of any amount can be claimed up to one year from the date of the drawing. The previous record jackpot in Mega Millions was a $656 million prize that was shared by winners from Kansas, Illinois and Maryland in March 2012.
Michael Grimes has a bigger prize in mind. Mr. Grimes, Morgan Stanley’s top technology banker, has moonlighted for years as a driver for the ride-hailing service, according to people familiar with the matter. Valuing the nine-year-old company at as much as $120 billion, an Uber IPO would reward investment bankers with tens of millions of dollars in fees and equally valuable bragging rights. Noah Berger/Bloomberg News Michael Grimes, pictured in 2010, has worked at Morgan Stanley with tech clients including Facebook and Pandora.
The largest U.S. brokerage by sales force Morgan Stanley told its top brokers on Thursday that if they commit to handing off their clients to another broker at the firm when they retire, they can score bigger retirement bonuses. Starting in 2019, the firm is offering to contribute 10 to 50 percent of the revenue top brokers produce in their final year to their post-retirement bonus, according to a memo Vince Lumia, Morgan Stanley wealth's head of field management, sent to staff. The program, which was reported earlier in the day by the wealth management news website AdvisorHub, is optional and will be open to around 800 of Morgan Stanley's roughly 15,600 brokers.
The big financial institutions earned some decent share price bumps with their latest quarterly reports, but their valuations still look relatively cheap.
At Morgan Stanley, bankers are keen to give you bridge financing so you can bid for your mansion in cash. Beyond the billions in trading gains and deal fees, the Wall Street firms’ profit reports this week showed they’re increasingly rushing into the booming market for lending to high-net-worth individuals. Forced into becoming bank holding companies by the financial crisis, the firms have embraced the lending business in recent years.
The firm co-founded by investor Peter Thiel is discussing plans with Credit Suisse Group AG and Morgan Stanley to go public as soon as the second half of next year, the paper said. After Palantir shared some of its financials, Morgan Stanley estimated a public offering in 2020 in the range of $36 billion to $41 billion, the paper said.
Moody's Japan K.K. says that Japan's two largest banking groups by assets -- Mitsubishi UFJ Financial Group, Inc. (MUFG, A1 stable) and Sumitomo Mitsui Financial Group, Inc. (SMFG, A1 stable) -- share similar credit strengths, while both are also exposed to the contingent liabilities posed by their leasing subsidiaries. "While the primary banking subsidiaries of the two groups have baseline credit assessments (BCAs) of a3, indicating similar credit strength, capitalization and profitability are relative strengths for SMFG, while a greater degree of geographic diversification underpins MUFG's credit profile," says Shunsaku Sato, a Moody's Vice President and Senior Credit Officer.
Investing.com - Financials staged a rally heading into close, driving Wall Street off session lows, as bank stocks surged amid a slew of upbeat earnings and rising bond yields.
This land acquisition comes as Atlantic Station is undergoing a major evolution and expansion, with the goal of turning the Midtown mixed-use project into a more urban, pedestrian-oriented environment.
The worst performers were Goldman Sachs Group Inc (GS.N) and JPMorgan Chase & Co (JP.N), which each reported 10 percent falls. Bond trading revenue began fading in 2010 as the huge relief rally that followed the 2007-2009 financial crisis dissipated. Experts said bond revenue at big banks is down 30 percent since then.
After another lackluster quarter for bond trading, most Wall Street banks are moving faster to adopt new technology to improve results, but analysts say the winners of the race must grow market share to combat shrinking margins. The worst performers were Goldman Sachs Group Inc and JPMorgan Chase & Co, which each reported 10 percent falls. Bond trading revenue began fading in 2010 as the huge relief rally that followed the 2007-2009 financial crisis dissipated.
A week ago, veteran RBC Capital Markets internet analyst Mark Mahaney made an ill-timed but, it appears, utterly correct call about third-quarter earnings, saying profits for internet companies will be great. Forgotten on the way to bear-marketville was the sweet little idea that it is earnings season, and earnings are pretty good. On Tuesday morning, Goldman Sachs (GS) beat profit forecasts by 17% and Morgan Stanley (MS) beat by 15%, helped by investment-banking and wealth-management revenue gains.
Dive into new financial and operational details related to Yeti Coolers' plan to list on the NYSE. Bank of America Merrill Lynch, Morgan Stanley, Jefferies, Baird, Piper Jaffray Cos., Citi and Goldman Sachs are the joint bookrunners on the IPO.
Goldman Sachs Group Inc. and Morgan Stanley on Tuesday reported sharply higher third-quarter earnings, wrapping up a week of big-bank reports that reflect the strength of the U.S. economy in shrugging off geopolitical turmoil. Profit rose 19% at Goldman and 20% at Morgan Stanley. Morgan Stanley shares rose more than 5%, and Goldman gained 3%, though both are down double-digits on the year.