|Bid||0.00 x 1100|
|Ask||0.00 x 2900|
|Day's Range||48.80 - 50.54|
|52 Week Range||43.48 - 59.38|
|PE Ratio (TTM)||13.92|
|Earnings Date||Jul 17, 2018 - Jul 23, 2018|
|Forward Dividend & Yield||1.00 (1.95%)|
|1y Target Est||61.23|
Morgan Stanley recently disclosed larger positions in two stocks it was buying through earlier this month. Morgan Stanley’s (MS) holdings in Ambarella (AMBA) and Rent-A-Center (RCII) rose above 5% of each of those companies’ shares outstanding, triggering regulatory filings. The bank bought 1.1 million more shares of Ambarella in the second quarter, raising its holdings in the maker of video-compression chips to 1.8 million shares as of June 5.
In the wake of this year’s stress test, there is some hope that might not be the case. On Thursday evening, after the release of the first stage of the annual bank stress test, Goldman Sachs Group Inc. put out a statement indicating that it was unhappy with the results and said that it planned to air its grievances with the Federal Reserve. The bank said its estimate of how much it would lose in an economic downturn “diverged” from the Fed. And it suggested that after a talk with the Fed, the regulators were sure to see things Goldman’s way.
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barely passed the Federal Reserve’s annual stress tests, raising doubts about their ability to grow dividends and buybacks over the next year. All 35 banks subject to the tests passed, despite an unusually harsh exam that featured a severe global recession, the Federal Reserve said Thursday. The two banks’ leverage ratios fell to 3.1% and 3.3% respectively because of losses on loans and trading positions in the most severe scenario, bringing them perilously close the regulatory minimum of 3%.
The Federal Reserve determined the largest U.S. banks were healthy enough to withstand a severe economic downturn and would continue lending during a crisis, as the industry posts record profits and prepares for a wave of regulatory relief. The Fed’s “stress test” scenario for the 35 largest bank holding companies, which hold 80% of the assets at banks operating in the U.S., found the firms were “strongly capitalized” and would retain adequate capital levels in severely adverse conditions, according to the first round of results released Thursday by the central bank. The positive scorecard indicates most of the banks are likely to win the Fed’s approval next week to increase dividends after a second round of results that will determine whether the firms pass or fail the annual stress-test exercise, put in place after the 2008 crisis.
The Federal Reserve says that all of the 35 largest U.S. banks are fortified enough to survive an economic shock and keep on lending. The first round of the central bank's annual stress tests, released Thursday, shows that as a group, the 35 big banks have benefited from a steadily recovering economy to gain strength and build up capital buffers against unexpected losses. It was the eighth annual check-up for the banks, mandated by Congress after the 2008 financial crisis that triggered the Great Recession.
Creditors awaiting payment from bankrupt supermarket chain Tops Markets LLC have accused the company of withholding information they need to determine whether to sue the chain’s former owner, which drew more than $380 million dividends, fees and other payments. ’s private-equity arm, which owned the chain from 2007 to 2013, may be the only source of money for their client pool of unsecured creditors. The Williamsville, N.Y.-based grocer, which operates roughly 170 supermarkets in New York, Pennsylvania and Vermont, filed for bankruptcy in February but hasn’t unveiled its plan to repay its debt.
Altice Europe NV’s towers in Portugal are poised to be sold to Morgan Stanley’s infrastructure arm, while a minority stake in its French masts are likely to be sold to private equity firm KKR & Co., according to people with knowledge of the situation. The Portugal asset is worth as much as 700 million euros ($810 million), while the French stake could fetch up to 1.7 billion euros, they said. Shares of Altice jumped to their highest in almost eight months.
Investment funds managed by Morgan Stanley Capital Partners (“MSCP”), the Private Equity team within Morgan Stanley Investment Management, announced today that they have completed an investment in Comar Holding Company, LLC (“Comar” or the “Company”). MSCP partnered with the current management team, led by Michael Ruggieri, who will remain CEO and continue to drive organic and acquisition growth.
Italian prosecutors said on Tuesday they would appeal against a decision by an administrative court not to hear a case over derivatives that targeted Morgan Stanley . The case centres on Morgan Stanley derivative transactions made by the Italian state between 1995 and 2005 and terminated in December 2011 and January 2012. The prosecution had asked for 2.7 billion euros ($3.1 billion) in damages from the U.S. investment bank, but in a ruling published last week, the Court of Accounts said it did not have the jurisdiction to take the case.
Paul Meeks has been following technology stocks since 1992 as an analyst or investment manager and has been noteworthy for his long term bullishness on the sector. By contrast, Meeks noted that a continued upward trend in interest rates bodes well for bank earnings, as banks gain more leeway to increase their net interest spreads.
Italian prosecutors said on Tuesday they would appeal against a decision by an administrative court not to hear a case over derivatives that targeted Morgan Stanley (MS.N). The case centers on Morgan Stanley derivative transactions made by the Italian state between 1995 and 2005 and terminated in December 2011 and January 2012. The prosecution had asked for 2.7 billion euros ($3.1 billion) in damages from the U.S. investment bank, but in a ruling published last week, the Court of Accounts said it did not have the jurisdiction to take the case.
At a time when the economy is doing well and interest rates are rising, about half of the banks labeled as systemically important by the financial stability board are trading down in a bear market year-to-date (YTD), noted CNBC in a segment preceding Thursday's banking stress test results. According to analyst Dick Bove of Hilton Capital Management, focusing on the largest six banks is a failure to see the bigger picture and gain on high-flying mid-cap financial stocks.
BEIJING (AP) — China on Tuesday threatened "comprehensive measures" in response to U.S. President Donald Trump's new tariff hike, raising the possibility Beijing might target operations of American companies.
A majority of individual asset owners are now pursuing sustainable investing to manage risk and drive returns, according to a new survey published today by the Morgan Stanley Institute for Sustainable Investing and Morgan Stanley Investment Management. The survey gathered insights about trends, motivations, challenges and implementation approaches in sustainable investing. “As interest in sustainable investing continues to rise, we see investors pursuing a range of approaches with their assets,” said Rui de Figueiredo, Co-Head and CIO of the Solutions and Multi-Asset business at Morgan Stanley Investment Management and Head of the Division’s Sustainability Council.
Morgan Stanley today declared a regular dividend on the outstanding shares of each of the following preferred stock issues:
An Italian regional audit court ruled that it isn’t authorized to decide on a request for damages against Morgan Stanley and four former Treasury officials over derivatives deals the U.S. investment bank exited between the end of 2011 and the beginning of 2012. The Morgan Stanley derivative contracts from the 1990s were terminated in December 2011 and January 2012. Italy paid Morgan Stanley $3.4 billion to close the deals as the bank used an early termination clause included in the contract, a person with direct knowledge of the transactions said at the time.
An Italian administrative court has ruled that it cannot hear a case over derivatives brought against Morgan Stanley (MS.N) that included a request for 2.7 billion euros (2.3 billion pounds) in damages from the U.S. investment bank. The ruling by the Court of Accounts published on Friday was made on April 19. A spokesman for Morgan Stanley declined to comment.
An Italian administrative court has ruled that it cannot hear a case over derivatives brought against Morgan Stanley (MS.N) that included a request for 2.7 billion euros ($3.1 billion) in damages from the U.S. investment bank. The ruling by the Court of Accounts published on Friday was made on April 19. A spokesman for Morgan Stanley declined to comment.
Pricing capital market stocks such as MS is particularly challenging. Given that these companies adhere to a different set of rules relative to other companies, their cash flows should alsoRead More...
The securities trading industry fell out of favor in the wake of the economic downturn, as stricter regulatory requirements coupled with restrictions to proprietary trading activity, forced major investment banks globally to implement sizable cuts to their trading portfolio. The figures here have been compiled from the annual reports of individual banks over the years, and represent the sum of trading assets as well as derivative assets on their balance sheet at the end of a period.
The big Wall Street brokerages have been playing catch-up on the technology front, and Morgan Stanley showcased its progress Monday. The firm’s new integrated technology platform is aimed at helping advisors attract clients, improve service to current ones and build a bridge to their clients’ kids, InvestmentNews notes. The system allows advisors to illustrate to clients the likelihood of achieving goals, and helps create investment proposals to reach those goals.
Brazil's antitrust watchdog on Wednesday fined Morgan Stanley and Royal Bank of Canada a total of 42.9 million reais for meddling with foreign exchange rates charged to clients. The board of regulator ...
BRASILIA (Reuters) - Brazil's antitrust watchdog on Wednesday fined Morgan Stanley (MS.N) and Royal Bank of Canada (RY.TO) a total of 42.9 million reais (£8.6 million) for meddling with foreign exchange ...
An annual Glassdoor survey ranks the top 100 CEOs based on employee reviews. Yahoo Finance's Seana Smith, Dan Roberts and Dan Howley talk about who's up and who'd down on the list.