40.31 -0.29 (-0.71%)
Pre-Market: 7:15AM EST
|Bid||40.01 x 1100|
|Ask||40.20 x 4000|
|Day's Range||40.33 - 41.12|
|52 Week Range||39.56 - 59.38|
|Beta (3Y Monthly)||1.32|
|PE Ratio (TTM)||9.76|
|Earnings Date||Jan 16, 2019 - Jan 21, 2019|
|Forward Dividend & Yield||1.20 (2.96%)|
|1y Target Est||57.38|
One big time Wall Street CEO is calling out the men afraid to be alone with a woman in the #MeToo era. Yahoo Finance’s Alexis Christoforous and Julia La Roche discuss.
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Morgan Stanley Wealth Management’s Andy Saperstein has his eye on $2 trillion of assets that the firm’s clients hold outside the company.
Amid diving energy prices, the market for Treasury Inflation Protected Securities now signals a sub-2 percent annual inflation pace over at least the next 30 years. The plunge in breakeven rates -- a gauge of traders’ inflation expectations -- comes even as annual growth in consumer prices is hovering just above 2 percent. “Inflation breakevens continue to be under pressure, but the fundamental case for owning them appears to be intact,” Goldman Sachs analysts including Praveen Korapaty wrote in a note Wednesday.
Investors need to pay close attention to Morgan Stanley (MS) stock based on the movements in the options market lately.
The U.S. lender has about 40 employees on the sales and trading desks and providing support in Moscow, while its remaining local presence will be focused on corporate finance, capital markets and mergers and acquisitions, the people said. “Morgan Stanley remains committed to Russia and will maintain our longstanding on-the-ground presence in Moscow and ensure that our clients in Russia continue to benefit from the capabilities of the firm, in particular as it relates to investment banking and global capital markets,” the bank’s press service said in a statement, declining to comment specifically on the closures.
aims to ensure its advisors come out tops in the digital world. In a news release, Morgan Stanley says it will use New York-based Yext’s “artificial-intelligence-ready data structure” to power the websites of its more than 15,000 advisors and ensure they have maximum visibility in searches.
Shares of Chinese medical tech platform WuXi AppTec ended flat on their first day of trading in Hong Kong on Thursday, joining a list of subdued debuts in the city this year with trade tensions keeping investors on tenterhooks. WuXi AppTec, listed in Shanghai, had raised $1 billion in its Hong Kong initial public offering (IPO), valuing the firm at $10.2 billion in a deal that marks one of this year's last big stock offerings in the Asian financial hub. Its shares opened trade at HK$67 ($8.58) and closed at HK$68, flat compared to the offer price of HK$68.
At a meeting of the Politburo Thursday led by President Xi Jinping, top leaders signaled that campaigns announced last year against financial risk, pollution and poverty will continue. The annual gathering lays down priorities for economic policy for the coming year, though detailed targets aren’t usually released until legislative meetings in March.
is to close its equities and FX trading desks in Moscow as a stagnant Russian economy and sanctions continue to chip away at western investment banks’ business there, two people familiar with the plans told the Financial Times. The US bank will relocate its Russian trading businesses to London, eventually resulting in a halving of its Moscow banker staff to about 30, the people said. The move will see Morgan Stanley revert to the smaller operation it ran from 1994 until 2008, when it opened a full-service office in Moscow after obtaining a banking licence.
Chinese medical tech platform WuXi AppTec fell 1.3 percent on its Hong Kong debut on Thursday, after raising $1 billion in a listing in the Asian financial hub. WuXi AppTec, also listed in Shanghai, is among the last deals of the year in Hong Kong, which is set to become the world's top initial public offering centre by volume this year, with $33.2 billion raised so far, Refinitiv data shows. WuXi AppTec's shares opened at HK$67 ($8.58) and then dropped to as low as HK$64.95 before rising again to HK$67.5, still below the offer price of HK$68.
Morgan Stanley has raised more than $1.4 billion for a new fund. Dubbed the North Haven Tactical Value Fund, the New York-based investment bank plans to invest in a wide range of asset classes and industries. Morgan Stanley (NYSE: MS) didn't disclose what it originally intended to raise but noted that it had significantly exceeded its original fundraising target.