Worldwide merger and acquisition activity has reached $2 trillion so far this year, up 75 percent from last year, according to Thomson Reuters data.» Read More
*Malaysian Airliner downed in Ukraine war zone, 295 dead. NEW YORK, July 17- U.S. stocks fell on Thursday in volatile trading on news that a Malaysian Airlines passenger jet crashed near the Ukraine- Russia border, after the United States and European Union imposed sanctions on Russia.
NEW YORK, July 17- Stock markets around the world on Thursday were sharply lower and safe-haven investments like gold and government bonds rose after news a Malaysian airlines jet was shot down over eastern Ukraine near the Russian border.
Strong showings in wealth management and investment banking helped Morgan Stanley more than double quarterly earnings and beat estimates.
*Russia assets fall as U.S., EU impose more sanctions. NEW YORK, July 17- Stock markets around the world on Thursday extended losses while safe-haven assets rose following news that a Malaysian airlines jet had crashed near in eastern Ukraine near the Russia border.
NEW YORK, July 17- U.S. stocks dropped on Thursday to hit session lows on news that a Malaysian passenger jetliner had been downed in Ukraine, fresh on the heels of new U.S. and European Union sanctions on Russia.
NEW YORK, July 17- Morgan Stanley does not believe new U.S. sanctions on Russian oil company Rosneft will affect a pending deal between the two companies, the bank's chief financial officer said on Thursday.
*U.S. housing starts weak, but Morgan Stanley up on results. NEW YORK, July 17- Stock markets around the world weakened on Thursday as tighter Western sanctions against Russia raised the specter of greater geopolitical tensions ahead, while weak U.S. data gave investors further pause.
Morgan Stanley's earnings jumped as stronger performances by its investment banking and wealth management businesses made up for a fall in bond trading.
LONDON, July 17- Copper prices fell to their lowest in two weeks on Thursday amid growing concern over the outlook for metal demand from the property sector after a Chinese builder warned of a possible bond default.
*Morgan Stanley climbs after earnings. NEW YORK, July 17- U.S. stocks edged lower on Thursday in the wake of fresh U.S. and European Union sanctions on Russia, but some stronger-than-expected earnings reports helped keep declines in check.
CNBC's Mary Thompson spoke to Morgan Stanley CFO Ruth Porat about the company's quarterly earnings and the Rosneft deal.
Ukrainian officials said a Malaysia Airlines passenger plane carrying 295 people was shot down, although both the government and pro- Russia separatists fighting in the region denied responsibility. The situation raised concerns of wider geopolitical instability in the region and an escalation of tensions between Russia and the West.
-BP obtained a 19.75 percent stake in the Kremlin-controlled company as part of a deal that saw the British firm sell Rosneft its stake in the Anglo-Russian oil producer TNK-BP for $55 billion last year. BP's head Robert Dudley, a U.S. citizen, sits on Rosneft's board.
*Morgan Stanley climbs in premarket after earnings. NEW YORK, July 17- U.S. stocks were poised for a lower open on Thursday, in the wake of fresh U.S. and European Union sanctions on Russia and weaker-than-expected housing data.
U.S. stock index futures traded lower on Thursday, after the announcement of fresh sanctions against Russia hurt global markets.
July 17- Wall Street bank Morgan Stanley's quarterly earnings more than doubled, beating market estimates, as stronger performances by its investment banking and wealth management businesses more than made up for a fall in revenue from bond trading.
*Russia assets fall as U.S., EU impose more sanctions. LONDON, July 17- A tightening of Western sanctions on Russia rattled world markets on Thursday, sending Moscow stocks and the rouble tumbling and lifting traditional safe-haven currencies and bonds.
NEW YORK— Morgan Stanley said Thursday that its quarterly profit more than doubled, thanks to strong performances from its investment banking and money-management units. Adjusted for that gain and a big tax benefit, Morgan Stanley's quarterly earnings worked out to 60 cents per share, beating the average prediction of 55 cents from analysts polled by FactSet.
July 17- Wall Street bank Morgan Stanley's quarterly adjusted earnings more than doubled as stronger performances by its investment banking and wealth management businesses more than made up for a fall in revenue from bond trading.
Some of the names on the move ahead of the open.