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Stocks Morgan Stanley

  • New York Attorney General Andrew Cuomo's office, which is investigating Wall Street's sales practices in auction-rate securities, told JPMorgan Chase, Morgan Stanley and Wachovia on Monday that it wants to begin settlement talks immediately.

  • Top global logistics firm United Parcel Service, playing down talk it will pay more than $15 billion for all or part of TNT, said buying the smaller rival would devalue its own shares and called such takeover speculation a "rumor."

  • Citibank

    Citigroup agreed to buy back more than $7 billion of illiquid auction-rate securities and pay a $100 million civil fine to settle charges it fraudulently misled investors about the debt's risk.

  • Massachusetts authorities said on Thursday that Morgan Stanley has agreed to pay $1.5 million to reimburse investments in auction-rate securities by the cities of New Bedford and Hopkinton.

  • Morgan Stanley

    The Treasury Department said Tuesday it had hired investment firm Morgan Stanley to help the government assess the risks facing mortgage giants Fannie Mae and Freddie Mac.

  • Traders at SIG Specialists trading post on the floor of the New York Stock Exchange talk among themselves shortly after the opening bell Monday, April 18, 2005, in New York.  Stocks regained some stability Monday following a three-day selloff as strong first-quarter earnings and a pair of merger announcements lent some support to a market battered by worries about economic growth.  (AP Photo/Kathy Willens)

    Bankers and traders are bracing for sharply reduced bonuses amid one of the worst downturns ever—and they will be the lucky ones.

  • Morgan Stanley

    Investment bank Morgan Stanley says it is done cutting jobs and going back on offense, spending some of the $1 billion it saved slashing 4,800 jobs in the past year to recruit top bankers and traders.

  • Lone Star Funds agreed to pay $6.2 billion for most of the toxic, mortgage-linked investments held by Merrill Lynch.

  • U.S. securities regulators have extended through Aug. 12 an emergency rule aimed at curbing abusive short selling in the stocks of 19 major financial firms, including mortgage giants Freddie Mac and Fannie Mae.

  • Vivi Nevo is said to be the largest individual shareholder of Time Warner, was once the largest private investor in Goldman Sachs, is engaged to China’s most famous actress, vacations on Rupert Murdoch’s sailboat, is the godfather of Lachlan Murdoch’s son, counts Lenny Kravitz as a good friend and attended Madonna’s wedding in 2000.And many people, including even some of his close friends, have no idea what his background is or how exactly he made his fortune.

  • Stocks wobbled Friday as investors weighed a potential S&P downgrade on Fannie Mae and Freddie Mac against some encouraging economic reports, including consumer confidence and durable-goods orders.

  • Stocks rose Friday after some robust economic data, including a rebound in consumer confidence and an unexpected increase in durable-goods orders.

  • Stocks rose Friday after durable-goods orders unexpectedly rose -- even excluding transportation.

  • U.S. stocks index futures pointed to a flat open Friday as the prospect of further weakness in the housing market sideswiped investors' hopes of pushing the major indexes higher.

  • Morgan Stanley, which currently employs only 8,000 brokers, is targeting the massive Merrill Lynch brokerage sales force in a major recruitment drive, CNBC has learned.

  • Will the credit crisis lead to a rash of mergers on Wall Street?

  • Is there any doubt that big-cap financials are the key to this market? What's worked for two months? Sell the rally in financials. This is crunch time for the two-day rally...and not surprisingly, they are pushing the old trade hard today.

  • Earnings will likely drive the banking sector again on Friday with Citigroup reporting before the bell. What should you expect?

  • indymac_logo.jpg

    Failed bank IndyMac Bancorp is under investigation by the FBI for possible fraud involving its mortgage lending, unnamed law enforcement officials said on Wednesday.

  • The SEC issued its emergency ruling against naked short-selling Tuesday to build investor confidence regarding market information, SEC Chairman Christopher Cox told CNBC.