|Bid||53.70 x 1100|
|Ask||0.00 x 900|
|Day's Range||53.87 - 54.93|
|52 Week Range||41.07 - 59.38|
|PE Ratio (TTM)||17.56|
|Forward Dividend & Yield||1.00 (1.92%)|
|1y Target Est||N/A|
Fidelity Investments, T. Rowe Price and Morgan Stanley ( MS) are among the fund providers taking a big hit from Argentina, where the stock market is in the doldrums and the country's currency is ailing. The firms own stocks in Argentina companies via specialized funds that invest in so-called frontier markets and via Latin America-focused funds. As a result of the performance of the stock market in that country, those investments are hurting their returns, reported The Wall Street Journal.
ASSIGNMENTS: Southeast Alabama Gas Supply District, Gas Supply Revenue Bonds US$ 4.61M 4.00% Series 2018A due 2019 ...A3 (Morgan Stanley/ Guarantee) Southeast Alabama Gas Supply District, Gas Supply Revenue ...
Morgan Stanley (MS) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Investing.com - Oil prices firmed on Friday morning in Asia, with Brent crude creeping ever closer to $80 per barrel, a level it has not seen since November 2014, as supplies tighten while demand remains strong.
The S&P 500 bank sector index beat first quarter earnings estimates by 3.1 percent, and Wall Street's 2018 earnings growth consensus for the sector climbed to 32.2 percent in early May from 28.4 percent on April 1, according to Thomson Reuters data. Despite better-than-expected profits, the S&P 500 bank index traded sideways in the first few weeks of earnings season, which was kicked off by JPMorgan Chase on April 13. The S&P 1500 bank index of small and mid-sized banks has done slightly better than the bigger banks with a 2 percent year-to-date increase.
Morgan Stanley is becoming one of the most cautious major U.S. investment banks, warning that the “easy” market environment that has persisted for years is drawing to a close, and calculating that potential returns for the U.S. stock market are at their lowest level since before the financial crisis. The firm’s view, that it “expects a choppy, rangebound equity market at the index level,” suggests that investors are in “an environment in which stock picking becomes key,” it wrote to clients. With that backdrop, the investment bank named what it called its “30 for 2021,” a group of stocks that it recommended holding for three years.
The International Maritime Organization is preparing new regulations for the concentration of sulfur used in shipping fuel, this may have the unintended consequence of driving oil prices higher still
The world’s second largest producer of bitcoin mining hardware could soon become the first cryptocurrency company to hit the public markets in Hong Kong. China’s Canaan Inc. applied Tuesday to trade on ...
Of the 21 analysts covering Charles Schwab (SCHW), eight recommend “strong buy,” five recommend “buy,” seven recommend “hold,” and one recommends “sell.” There were no “strong sell” recommendations.
$100 oil has long been considered a threat to the U.S. economy, driving the price of gasoline and the value of the U.S. dollar upwards – but that may be changing
Charles Schwab (SCHW) has an NTM (next-12-month) price-to-book ratio of 3.8x, higher than competitors’ average ratio of 1.5x. Peers Morgan Stanley (MS), Goldman Sachs (GS), and Raymond James Financial (RJF) have NTM price-to-book ratios of 1.3x, 1.2x, and 2.0x, respectively.
Investing.com - U.S. futures pointed to a lower open on Wall Street on Tuesday as disappointing earnings weighed and investors awaited data on U.S. retail sales and appearances by Federal Reserve officials.
Analysts’ high 2Q18 EPS (earnings per share) estimate for Charles Schwab (SCHW) is $0.62, while their low estimate is $0.54. Their average EPS estimate of $0.59 for 2Q18 suggests a YoY (year-over-year) rise. The company works in a competitive industry, prompting it to reduce prices for customers executing trades.
US banks (XLF) saw a strong rebound in trading activity in 1Q18 owing to major policy changes, rate expectations, and high valuations bringing in volatility across equities, commodities, and currencies. Debt trading remained relatively subdued amid withdrawal from bond markets due to rate hike expectations. However, volatility fell in April 2018 before picking up marginally in May 2018. On a sequential basis, banks might see lower trading revenues in 2Q18. However, as compared to 2H17, trading activity is expected to remain high across equities, commodities, and currencies.
Let’s talk about the popular Morgan Stanley (NYSE:MS). The company’s shares received a lot of attention from a substantial price movement on the NYSE over the last few months, increasingRead More...
Micron Technology (MU) stock rose 8.9% to close at $51.82 last week (ended May 11). Micron stock has returned 79% in the last 12 months and 2.7% in the last month. It rose 88% in 2017. Micron is trading 93% above its 52-week low of $26.85 and 18% below its 52-week high of $63.42. Peer semiconductor (SMH) companies Intel (INTC), Analog Devices (ADI), and Texas Instruments have returned 3.6%, 2.6%, and 4.4%, respectively, in the last week.
Morgan Stanley upgraded its view on British equities on Monday, saying the UK market should benefit from higher commodity prices and an increase in dealmaking activity despite economic uncertainty over Brexit. The U.S. bank became the latest broker to jump on the UK equities bandwagon as strategists across several big U.S. and European banks have become convinced of the merits of holding UK stocks, after a long period of pessimism over the market. Deutsche Bank, Credit Suisse, Citi, and UBS Wealth Management all upgraded their recommendations for UK stocks in April.
FRANKFURT/BERLIN (Reuters) - German markets regulator BaFin is reviewing whether to impose fines after it found that transactions to buy a 9.69 percent stake in Daimler on behalf of Li Shufu, chairman of Chinese carmaker Geely, should have been disclosed earlier. Li disclosed on February 23 that he had amassed a $9 billion (£6.7 billion) investment in the German carmaker using banks, shell companies and derivatives, prompting questions in Berlin political circles about the adequacy of German disclosure rules. Li, who controls carmaker Volvo, revealed he had control over almost 10 percent in rival Daimler, parent company of luxury brand Mercedes-Benz, even though German rules require investors to reveal if their stake exceeds the 3 percent, 5 percent and 10 percent thresholds.
The number of analysts tracking Delta Air Lines (DAL) has remained unchanged for the past nine months. Eighteen analysts are currently tracking DAL, and all of them have recommended “buys” on the stock. There are no “hold” or “sell” recommendations.
May.17 -- Thierry Wizman, Macquarie Capital global interest rates and currencies strategist, David Kotok, Cumberland Advisors chairman and chief investment officer, and Jim Caron, Morgan Stanley Investment Management managing director, discuss the U.S treasury yield short and long term outlook and investor concerns in the bond market as inflation expectations rise. They speak with Jonathan Ferro on "Bloomberg Markets: The Open."
May.15 -- Lisa Shalett, head of investment and portfolio management at Morgan Stanley Wealth Management, discusses the outlook for emerging markets and her thoughts on investing. She speaks with David Westin and Julia Chatterley on "Bloomberg Daybreak: Americas."
May.15 -- U.S. retail sales matched expectations with a gain of 0.3 percent in April, pointing to a consumer spending rebound in the second quarter. Lisa Shalett, head of wealth management investment resources at Morgan Stanley, examines the data on "Bloomberg Daybreak: Americas."
May.14 -- Andrew Sheets, chief cross-asset strategist at Morgan Stanley, discusses a midyear outlook titled “the End of Easy.” He speaks on "Bloomberg Markets: European Close."
May.11 -- Adam Jonas, global autos and shared mobility analyst at Morgan Stanley, discusses the message auto CEOs are bringing to a White House meeting with President Donald Trump. He speaks with Bloomberg's David Westin on "Bloomberg Daybreak: Americas."