|Bid||0.00 x 800|
|Ask||0.00 x 900|
|Day's Range||53.62 - 54.61|
|52 Week Range||41.07 - 59.38|
|PE Ratio (TTM)||17.70|
|Earnings Date||Jul 17, 2018 - Jul 23, 2018|
|Forward Dividend & Yield||1.00 (1.92%)|
|1y Target Est||61.83|
May.23 -- Bloomberg’s Jason Kelly discusses Morgan Stanley wanting to double its asset management division. He speaks with Alix Steel and David Westin on "Bloomberg Daybreak: Americas."
May.23 -- Hans-Guenter Redeker, global head of FX strategy at Morgan Stanley Investment Management, discusses political risks to the U.S. dollar and overall markets. He speaks with Francine Lacqua and Guy Johnson on "Bloomberg Surveillance."
Morgan Stanley’s CEO has lofty goals for the firm’s asset management division. James Gorman’s five-to-seven year outlook is to reach $1 trillion in client assets, Bloomberg reports. Morgan Stanley’s asset management division had $469 billion in assets at the end of March.
According to this detailed report by Morgan Stanley (MS) on Activision Blizzard (ATVI), the investment bank has maintained an overweight rating on the gaming company with a 12-month price target of $75. Morgan Stanley has increased its revenue estimates for Activision Blizzard to $12.9 billion, up from $8.6 billion. Morgan Stanley attributed this significant rise in its revenue forecast to several factors, including the performance of ATVI’s Overwatch League (or OWL).
Bloomberg’s Jason Kelly discusses Morgan Stanley wanting to double its asset management division. He speaks with Alix Steel and David Westin on "Bloomberg Daybreak: Americas." (Source: Bloomberg)...
Morgan Stanley Investment Management Managing Director and Portfolio Manager Jim Caron discusses the dollar and bond market. He speaks on "Bloomberg Markets." (Source: Bloomberg)
James Gorman would like his asset management division to join the $1 trillion club. Morgan Stanley’s chief executive officer said he wants the unit to hit that level of client assets, in response to a question about his view on the next five to seven years at a conference hosted by the Investment Company Institute in Washington. The asset-management industry has seen a wave of mergers as investors’ shift to passive strategies has put pressure on firms to increase scale and cut costs.
Morgan Stanley (MS) disclosed in a regulatory filing Monday that it now holds a 5.1% stake in Daqo New Energy (DQ). The banking giant said that as of May 14 it owned 16.4 million ordinary shares of Daqo, equivalent to 656,100 of the U.S.-traded American depositary shares, as each ADS represents 25 ordinary shares. Morgan Stanley's stake was valued at $39.5 million at the May 14 closing price of $60.26.
US-listed ETFs witnessed a huge jump in inflows last week mainly due to the surge in US equity inflows. According to FactSet, investors added $15.7 billion to the ETFs last week, which increased the YTD (year-to-date) inflows to $108.5 billion. More than 78% of the inflows were concentrated in US equity (MS) (GS) (C). US equity collected $12.3 billion, while international equity added $1.6 billion. US fixed-income ETFs had $1.8 billion, while international fixed-income garnered a moderate $536 million.
Morgan Stanley Bank, N.A., a national bank subsidiary of Morgan Stanley , has been recognized with the highest rating from the Office of the Comptroller of the Currency for its work to meet the credit needs of the communities it serves.
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.