Morgan Stanley


  • For the week ending Friday, March 14, 2008 the US Markets ended mixed.  Market moving events include the Fed's $200B expansion of its securities lending program and the Bear Stearns bailout, amongst others leading to extreme market volatility.  The Dow gained 417 points on Tuesday, only to lose the majority of its gains to close up only 0.48% for the week.  The VIX crossed 30 for the first time since January. Next week, the markets will watch for the the FOMC announcement on interest rates Tuesday, the Visa IPO on Wednesday, and a slew of brokerage earnings including Goldman Sachs, Lehman Brothers, Morgan Stanley and possibly Bear Stearns.

  • Week Ahead: The Fed & The Bear Friday, 14 Mar 2008 | 6:20 PM ET

    The big story of the week is the Fed's meeting Tuesday, but that meeting and all Fed activity takes on a new level of urgency after the central bank helped J.P. Morgan engineer a lifeline to keep Bear Stearns liquid.

  • Dow Ends Up for Week Despite Bear Sell-Off Friday, 14 Mar 2008 | 6:01 PM ET

    Stocks tumbled Friday, after an initial jump, following news that J.P. Morgan Chase and the New York Federal Reserve are jumping in to help Bear Stearns.

  • European Stocks at the Mercy of US Outlook Friday, 14 Mar 2008 | 4:08 PM ET

    European stocks are set to be dominated by events in the U.S. next week, as the Federal Reserve is likely to cut rate cuts further and the big three U.S. brokerages deliver earnings to volatile markets.

  • Bear Stearns News Mauls Market Friday, 14 Mar 2008 | 2:04 PM ET

    Stocks tumbled Friday, after an initial jump, following news that J.P. Morgan Chase and the New York Federal Reserve are jumping in to help Bear Stearns.

  • Bear Stearns Bailout Spurs Fears of Spreading Crisis Friday, 14 Mar 2008 | 1:51 PM ET

    Bear Stearns said a cash crunch forced it to turn to the Federal Reserve for emergency funds, intensifying fears of a widening global credit crisis.

  • Stocks Fall Sharply After Bear Stearns News Friday, 14 Mar 2008 | 11:26 AM ET

    Stocks retreated Friday, after an initial jump, as news that J.P. Morgan Chase and the New York Federal Reserve are jumping in to help Bear Stearns sunk in.

  • Options: Heat At Morgan Stanley, BSC and Oil Thursday, 13 Mar 2008 | 11:36 AM ET

    Will Morgan Stanley  be the next financial company on the Wall Street hot seat? Rebecca Darst of Interactive Brokers thinks that might well be the case.

  • Dow Jumps 1%; Caterpillar, Bear Climb Wednesday, 12 Mar 2008 | 11:36 AM ET

    U.S. stock index futures pointed to a broadly flat open for Wall Street Wednesday, following the previous session's huge rally, as investor enthusiasm at the prospect of more liquidity and looser collateral rules by the Federal Reserve started to dwindle.

  • SEC, CFTC Formalize Cooperation Agreement Tuesday, 11 Mar 2008 | 1:56 PM ET

    Securities and Exchange Commission Chairman Christopher Cox said Tuesday that the SEC's agreement with the Commodity Futures Trading Commission brings the two regulatory bodies closer to integrating their responsibilities.

  • Lehman Brothers Laying Off 5% of Global Workforce Monday, 10 Mar 2008 | 1:36 PM ET

    Investment Bank Lehman Brothers is laying off 5 percent of its work force across all lines of its business, CNBC has learned.

  • Merrill Shares Fall; To Quit Subprime Business Thursday, 6 Mar 2008 | 11:03 AM ET

    Merrill Lynch on Wednesday said it will eliminate 650 jobs as it stops making subprime mortgages through its First Franklin Financial unit.

  • Gold lost some of its luster today after U.S. Treasury Under Secretary David McCormick gave support to the idea of International Monetary Fund gold sales. Earlier today, the Treasury, in a turnaround, said it would support gold sales from the IMF's reserves if they are part of a package reforming the way the organization operates.

  • As of Friday, 441 (just under 90%) of the S&P 500 companies have reported earnings. Here's a look at which companies have had the biggest surprises so far...

  • Morgan Stanley Unit Top Bidder for Daewoo Electronics Thursday, 14 Feb 2008 | 11:12 PM ET

    unit of U.S. investment bank Morgan Stanley was named as a top bidder to buy South Korean appliance and television maker Daewoo Electronics, a leading creditor for Daewoo said on Friday.

  • International Growth Once Again "Big Deal" Thursday, 14 Feb 2008 | 9:22 AM ET

    The story is on international growth today. Marriott beat, and along with everyone else on the planet reported stronger revenues (revenue per available room, or RevPAR, in this case) internationally than domestically: up 9.2 percent vs. 6.2 percent. First quarter guidance a tad below expectations. Remember, Starwood cut its 2008 forecast a short while ago.

  • Market Insider/Thursday Look Ahead  Wednesday, 13 Feb 2008 | 9:17 PM ET

    Will stocks get a Bernanke bounce? That's certainly what some traders are hoping for ahead of Fed Chairman Ben Bernake's testimony before the Senate Banking committee Thursday. But of course, there's always the chance his comments could bring on a Valentine's Day massacre.  

  • Morgan Stanley to Fire 1,000 Mortgage Workers Wednesday, 13 Feb 2008 | 1:37 PM ET

    Morgan Stanley said it will cut 1,000 jobs as the nation's second-largest investment bank trims its residential mortgage operations amid the continued deterioration of the mortgage markets.

  • UBS Names New Head of Investment Bank Wednesday, 13 Feb 2008 | 8:15 AM ET

    Swiss bank UBS has named Jerker Johansson as head of its investment bank, ending a protracted search that followed the shock write-down of billions of dollars of assets linked to the U.S. subprime crisis.

  • China, JC Flowers to Help Ailing Banks? Friday, 8 Feb 2008 | 4:34 AM ET

    China Investment Corporation (CIC), the Chinese sovereign wealth fund, is near a deal with  private equity group JC Flowers to put about $4 billion into a new fund to invest in ailing financial institutions, the Financial Times reported.