GO
Loading...

Morgan Stanley

More

  • Morgan Stanley misses Wall Street 4Q forecast Tuesday, 20 Jan 2015 | 7:55 AM ET

    NEW YORK— Morgan Stanley's fourth-quarter profit rose as the investment bank recovered from huge legal expenses last year. Like the other big Wall Street firms, Morgan Stanley had difficulties in its fixed income and commodities division. Revenue from equity sales and trading, a key part of Morgan Stanley's business, increased modestly to $1.6 billion from...

  • Morgan Stanley profit rises as legal costs fall Tuesday, 20 Jan 2015 | 7:23 AM ET

    Jan 20- Morgan Stanley's quarterly earnings rose as the bank's legal costs fell sharply, outweighing a big drop in revenue from its division that trades bonds, currencies and commodities. Choppy markets caused by factors ranging from plunging oil prices to political upheaval in Greece, sent investors scurrying last month, slashing the trading revenue of U.S....

  • Morgan Stanley misses Street 4Q forecasts Tuesday, 20 Jan 2015 | 7:21 AM ET

    NEW YORK _ Morgan Stanley on Tuesday reported fourth-quarter profit had a dramatic rise to $1.04 billion. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 47 cents per share. Morgan Stanley shares have declined 10 percent since the beginning of the year, while the Standard& Poor's 500 index has declined almost 2...

  • Shake Shack expects IPO to price at $14-$16/share Tuesday, 20 Jan 2015 | 7:14 AM ET
    A Shake Shack cheeseburger with a portion of fries outside the company's new burger restaurant in London

    Burger chain Shake Shack said it expected its initial public offering to be priced at $14-$16 per share, valuing the company at up to $568 million.

  • Jan 20- Shake Shack Inc, a burger chain that grew out of a hot dog stand in New York's Madison Square Park, said it expected its initial public offering to be priced at $14- $16 per share, valuing the company at up to $568 million. The offering follows a string of successful IPOs by casual dining chains last year, including Habit Restaurants Inc, El Pollo Loco Holdings Inc...

  • Wall Street eyes major earnings, ECB action Tuesday, 20 Jan 2015 | 6:00 AM ET
    Traders work the floor of the New York Stock Exchange.

    U.S. stock index futures signaled a higher open as investors gear up for a big day of major earnings, amid speculation that the ECB will announce QE.

  • Morgan Stanley set to beat estimates?  Tuesday, 20 Jan 2015 | 5:50 AM ET

    Ahead of Morgan Stanley announcing its fourth-quarter results, Marty Mosby, director of bank & equity strategies at Vining Sparks, says he expects them to beat estimates like Goldman Sachs.

  • Johnson& Johnson sank after reporting that a stronger dollar pinched the company's quarterly results. THE DOLLAR EFFECT: Johnson& Johnson, the maker of Tylenol, prescription drugs and joint replacements, turned in earnings that beat analysts' forecasts, yet it came up short for revenue, largely a result of a stronger dollar. D.R. Horton dropped $1.07, or 5 percent, to...

  • Euro edges up as investors eye crucial ECB meeting Monday, 19 Jan 2015 | 2:51 PM ET

    The European Central Bank could take its boldest steps yet to revive the euro zone's moribund economy.

  • *China faces significant downward pressure on economy- Premier. LONDON, Jan 19- Brent crude oil prices fell below $50 a barrel on Monday after the global economic outlook darkened and Iraq announced record oil production. The world's biggest energy consumer, China, faces significant downward pressure on its economy, its premier Li Keqiang was quoted by state...

  • UPDATE 4-Oil prices slip on record Iraq output Monday, 19 Jan 2015 | 5:17 AM ET

    *Iraq announces record oil production for December. LONDON, Jan 19- Brent crude oil prices fell below $50 a barrel on Monday after Iraq announced record oil production and the global economic outlook darkened. Abdel Mehdi said Iraq planned to a big increase in exports from the northern city of Kirkuk and the Kurdistan region, which would increase production to...

  • Expectations are high that the European Central Bank will unveil a bond-buying stimulus package at a crunch policy meeting on Thursday, while the anti-bailout party Syriza maintains a lead in the polls going into Greece's general election on Sunday. A U.S. holiday also made for relatively thin conditions at the start of a week in which investors continue to...

  • UPDATE 3-Oil prices dip on gloomy economic outlook Monday, 19 Jan 2015 | 3:31 AM ET

    *Malaysia to announce measures as oil earnings slide. *Prices to be in $60- 80 a barrel range until 2020- analyst. SINGAPORE, Jan 19- Brent crude oil prices dipped back below $50 a barrel on Monday as Europe's and Asia's economic outlook darkened, although some price support came from falling U.S. output.

  • *Prices to be in $60- 80 a barrel range until 2020- analyst. SINGAPORE, Jan 19- Brent crude oil prices traded around $50 a barrel on Monday, with some support coming from falling U.S. output growth but an expectation of weak Chinese economic data weighing on markets. China is due to report gross domestic product figures on Tuesday, which are expected to show China's...

  • *China economic growth data due Tues, seen gloomy. MELBOURNE, Jan 19- London copper climbed on Monday as prices recovered from last week's 5-1/ 2 year lows, but caution over China's economy and this week's European Central Bank meeting were expected to cap any upward momentum. As part of a broader package of stimulus, to help shore up its struggling economy, China's...

  • Why commodity exporters may get a tailwind Sunday, 18 Jan 2015 | 5:54 PM ET
    A worker walks among coils of galvanized steel at the ArcelorMittal Eko Stahl steelworks in Germany

    Conventional wisdom suggests commodity exporters will take price declines on the chin, but Morgan Stanley expects they'll benefit most.

  • Final Glance: Banks companies Friday, 16 Jan 2015 | 6:19 PM ET

    Bank of America Corp. rose$. 18 or 1.2 percent, to $15.38. Citigroup Inc. rose$. 38 or. 8 percent, to $47.61. Goldman Sachs fell $1.26 or. 7 percent, to $177.23.

  • NEW YORK, Jan 16- Goldman Sachs Group Inc stuck with commodities trading while rivals have pulled back, and on Friday the bank felt vindicated. Other banks, including JPMorgan Chase& Co, Morgan Stanley and Deutsche Bank, pulled back from commodities trading, deciding to sell large chunks of their operations in part because of political pressure.

  • NEW YORK, Jan 16- Next week may show whether U.S. stocks are finally undergoing a long-awaited correction or if a recent run of losses are just a bump on the road to more gains. This month, the benchmark index fell five sessions in a row, from Jan. 8 through Jan. 15, shedding more than 3 percent in the process. Oil prices have fallen in half in recent months, trading below $50 a...

  • Most active New York Stock Exchange-traded stocks Friday, 16 Jan 2015 | 1:19 PM ET

    NEW YORK— A look at New York Stock Exchange 10 most-active stocks at 1 p.m.:. AT&T Inc. rose 1.6 percent to $33.78 with 18,824,300 shares traded. Bank of America Corp. rose. 4 percent to $15.26 with 89,392,600 shares traded.