Stocks Morgan Stanley

  • The latest shoe to drop came this afternoon when Standard & Poor said it was lowering the ratings of Merrill Lynch, Lehman and Morgan Stanley. Traders, though, say the move was not really a surprise and is trailing the market's view.

  • Stocks declined amid concerns about inflation following a manufacturing report and a fresh wave of concerns in the financial sector.

  • Credit Crunch

    Standard & Poor's cut the ratings of Lehman Brothers, Merrill Lynch and Morgan Stanley and said the outlook for large US financial institutions is now mostly negative.

  • It's the last day of the month and no one wants to be a hero. But the Street is struggling to find a narrative -- it's not clear where we are, so instead of broad narratives I am getting a lot of little stories. Here are a few observations...

  • Dell up 8 percent pre-open on a stronger than expected report. But oil is up, bonds are reversing their recent decline, and other metals like gold and copper are up slightly today, though a modest dollar rally continues.

  • Stocks closed with solid gains, though well  off their highs, amid strength in the financial sector and a big decline in oil prices.

  • Stocks turned higher, pushed upward by credit card companies despite some less-than-stellar economic reports and news that oil supplies took a dramatic and unexpected slide.

  • Stocks turned higher, pushed upward by credit card companies despite some less-than-stellar economic reports and news that oil supplies took a dramatic and unexpected slide.

  • Dow's CEO, Andrew Liveris, noted that first quarter feedstock and energy costs were up "a staggering 42 percent," putting strains on the company and its relations with customers. For most chemical companies, price increases have failed to keep up with raw material increases.

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    The Dow ended higher Tuesday led by technology companies as a sharp drop in crude oil prices rekindled hopes of increased consumer and business spending on tech gear...

  • Overall, 3 stocks advanced for every 2 that declined. OK, it's not a roaring start to the summer, but consider the headlines: 1) May Conference Board Consumer Confidence fell to the lowest since October 1992.

  • Stocks closed with solid gains, led by technology companies such as Apple, as investors bet that a sharp drop in crude oil prices will help shore up consumer and business spending on tech gear.

  • We are down three out of four days and the uptrend that began with the March bottom has now been broken. Many financials like Lehman are already sitting at or near their March lows.

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    Bank of America forecast a second-quarter loss for Lehman Brothers Holdings and cut its earnings outlook for Morgan Stanley and Goldman Sachs, and said brokers may continue to underperform in the current challenged credit environment.

  • Swiss bank UBS launched a deeply discounted rights issue worth 16 billion Swiss francs ($15.55 billion) on Thursday at a third below its latest market price in a bid to lure investors to repair its battered balance sheet.

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    Oil suffocates any chance of stock gains and the Fed minutes further the declines. Also, playing the airlines as a proxy for oil and Dick Bove on summer for the financials.

  • Stocks plunged after the Federal Reserve cut its 2008 outlook and oil finished above $133 a barrel.  The Dow shed more than 227 points, or 1.8 percent, bringing its two-day point decline to about 450.

  • The Dow has dropped 450 points in the last two days. Most of this is due to the record high price of oil, but at 2 PM ET today the markets dropped further as the Fed came out with its minutes, wherein they...

  • Stocks finished mixed as an early rally fizzled and weakness crept into techs, retail and housing.

  • Stocks advanced Monday as an uptick in leading indicators offered investors a modest confirmation of the optimism they've been trading on.