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Morgan Stanley (DWD.DE)
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"Family says young mother’s health deteriorated rapidly after the twins she was carrying died a week apart in the womb
Wed 26 Jan 2022 18.20 GMT
The family of a Polish woman who died on Tuesday after doctors refused to perform an abortion when the foetus’s heart stopped beating have accused the government of having “blood on their hands”.
The woman, identified only as Agnieszka T, was said to have been in the first trimester of a twin pregnancy when she was admitted to the Blessed Virgin Mary hospital in Częstochowa on 21 December. Her death comes a year after Poland introduced one of the most restrictive abortion laws in Europe.
According to a statement released by relatives, the 37-year-old was experiencing pain when she arrived at the hospital but was “fully conscious and in good physical shape”.
The first foetus died in the womb on 23 December, but doctors refused to remove it, quoting the current abortion legislation, and Agnieszka’s family claim “her state quickly deteriorated”. The hospital waited until the heartbeat of the second twin also stopped a week later, and then waited a further two days before terminating the pregnancy on 31 December.
Agnieszka died on 25 January after weeks of deteriorating health."
Options Alert: Apr $110’s - about 4,600 contracts purchased for around $1.50, including about 1,000 Mon. (1/24), but I prefer the May $120’s - these are cheap, just $.83 and if sp can rise $20 in the next 4 months these will be worth $5 each. The April contracts will expire b4 the next earnings report, if my info is correct. In this market I’m doing fewer short term (weekly) options, and opting for these longer duration types.
MS has been consolidating btwn $92 and $106 for 6 months now!! Due for a breakout, don’tcha think?
"Wisconsin GOP lawmakers approve bill allowing 18-year-olds to carry guns at schools, churches."
$110.00 is real ... I'll be not surprised
From Earnings call transcript:
Perfect. Exactly what I needed. Thanks. The other one, James, is the long-term goals, if you look at the last slide, I think those are great long-term goals. And if you could do that sustainably, I think you would get your multiple expansion, people would love it.
Would be $200 stock, my friend.
"At hearing on John Eastman's efforts to block 1/6 committee from getting his emails, Doug Letter, House counsel, reveals that Eastman, law prof who authored memo on how Pence could block certification of Electoral College vote, invoked 5th Amendment 146 times."
3:53 PM · Jan 24, 2022
They had some interesting insights about MS on
. Definitely made me think twice about the company.
• The Firm repurchased $2.8 billion of its
outstanding common stock during the quarter as
part of its Share Repurchase Program.
• The Board of Directors declared a $0.70 quarterly
dividend per share, payable on February 15, 2022
to common shareholders of record on January 31,
• The Firm early adopted the Standardized
Approach for Counterparty Credit Risk (SA-CCR)
under Basel III on December 1, 2021. As a result
of the adoption, as of December 31, 2021 our risk-
weighted assets under the Standardized
Approach increased by $23 billion and our
Standardized CET1 capital ratio decreased by 82
4Q 2021 4Q 2020 FY 2021 FY 2020
Common Stock Repurchases
Repurchases ($MM) $2,833 NA $11,464 $1,347
Number of Shares (MM) 28 NA 126 29
Average Price $99.80 NA $91.13 $46.01
Period End Shares (MM) 1,772 1,810 1,772 1,810
Tax Rate 23.9% 23.0% 23.1% 22.5%
CET1 capital17,20 16.0% 17.4%
Tier 1 capital17 17.6% 19.4%
CET1 capital17 17.5% 17.7%
Tier 1 capital17 19.3% 19.8%
Tier 1 leverage18 7.1% 8.4%
SLR19 5.6% 7.4%
$1B less on BB than spent during Q3.
The SRP has $5.4B to spend before June 20, 2022 in fulfillment of the $12B authorization for share repurchase.
Just a note:
"Lockdowns Saved Lives
A new University of Michigan-led study shows the lockdowns implemented in the first six months of the COVID-19 pandemic saved lives...
The study found that from March through August 2020, implementing widespread lockdowns and other mitigation in the United States potentially saved more lives (866,350 to 1,711,150) than the number of lives potentially lost (57,922 to 245,055) that were attributable to the economic downturn."
Muted response considering how much it drilled yesterday in sympathy with GS. If the price action were to be trusted this early we’d have gone down -2.8% on this eps beat instead of being up 2.1% when accounting for yesterday’s bleed out.
"Sen. Rick Scott (R-Fla.) on Tuesday became the latest Republican lawmaker to seek credit for the bipartisan infrastructure overhaul he opposed in Congress.
After joining U.S. Army Corps of Engineers officials for a tour of the Herbert Hoover Dike, which stands to benefit from investments in the law dedicated to making the Everglades more resilient against climate change, Scott said he was “proud” to help secure “an unprecedented $1 billion for Everglades restoration, the largest single amount ever allocated by the federal government.”
“I’m working to make sure that every dollar of this funding will go toward the most critical projects that build on our restoration efforts and provide a good return on investment for Floridians and all American taxpayers,” Scott added in a statement issued by his office.
His office also released several photos of Scott shaking hands and posing with local officials near the earthen dam that surrounds Lake Okeechobee."
"Was God the ultimate abortionist?
As Amy would say to Sheldon, let’s do the math.
How many babies died in the womb during Noah’s flood?
Need to do a reasonable estimate of global population at the time of the flood. I’m going to use 200,000,000. Feel free to use an alternate number.
Of that 200,000,000 I am going to assume 1/2 were women, 100,000,000.
The next one is tricky. What percent of women were pregnant? If lifespan is assumed to be 50, and childbearing ages are assumed to be 15 to 45, 3/5 of women were of childbearing age. Our number is now 60,000,000.
For lack of a better guess, let’s say 1/3 of childbearing woman were pregnant. It keeps the math easier. That is 20,000,000 unborn babies at the time of the flood.
The flood lasted 40 days. That’s 500,000 babies killed every day. 20,833 1/3 dead babies per hour.
20,000 abortions per hour, 24 hours per day, for 40 days. Planned Parenthood is put to shame. I hearby propose that all Bibles be burned, and all church services be banned for the protection of the unborn."
If you need insurance for a car, why not a gun?
"SAN JOSE, Calif. (AP) — A California city voted Tuesday night to require gun owners to carry liability insurance in what’s believed to be the first measure of its kind in the United States.
The San Jose City Council overwhelmingly approved the measure despite opposition from gun owners who said it would violate their Second Amendment rights and promised to sue.
The Silicon Valley city of about 1 million followed a trend of other Democratic-led cities that have sought to rein in violence through stricter rules. But while similar laws have been proposed, San Jose is the first city to pass one, according to Brady United, a national nonprofit that advocates against gun violence.
Council members, including several who had lost friends to gun violence, said it was a step toward dealing with gun violence that Councilman Sergio Jimenez called “a scourge on our society.”
The "constitutional principle of separation of church and state"is bothersome to the establishment of a Christo-fascist state by the GOP.
"A president is not a king and the plaintiff is not the president." - 11/09/2021
D.C. District Court Judge Tanya Chutkan
That was a great flash sale. Hope you loaded a few shares. Don’t bet against Morgan Stanley Dean Witter. Enjoy. Watch for dips. 🍷
Fla. GOP crime family:
"“Big Joe” Ellicott, a former Florida shock jock with potentially key information about the sex trafficking ring involving Rep. Matt Gaetz, has pleaded guilty in federal court, The Daily Beast has learned.
Ellicott is the long-time best friend of corrupt Florida tax official Joel Greenberg, who was Gaetz’s wingman in the underage sex operation, according to several sources with direct knowledge of their relationship. Last year, The Daily Beast revealed that Ellicott knew intimate details about the teenage girl who was paid for sex by the group—and actually texted what essentially amounted to a confession that they were scrambling to try and coverup details about their sex with a 17-year-old from the feds.
Ellicott was particularly legally exposed through his involvement with Greenberg, who ran the small Central Florida tax agency like a fiefdom where he hired his friends for no-show jobs. That appears to be what took Ellicott down.
In court documents last week, Ellicott was accused of fraud for agreeing to “pay bribes and kickbacks” to a public official and a separate drug crime: illegally selling the attention deficit hyperactivity disorder prescription medicine Adderall. On Jan. 18, Ellicott signed a plea agreement admitting to both crimes."
Profit rose to $3.59 billion, or $2.01 per share, in the quarter ended Dec. 31, from $3.27 billion, or $1.81 per share, a year earlier.
Despite the blow from trading, Morgan Stanley's earnings came in ahead of expectations.
Analysts on average were expecting the bank to report a profit of $1.91 per share, according to IBES data from Refinitiv.
Revenue rose to $14.52 billion on for the quarter compared with $13.59 billion in the year-ago period.
First JPM and then GS today. What are the odds MS will buck the trend?
Battery breakthrough achieves energy density necessary for electric planes
Free bacon sandwiches and coffee to lure commuters back on the railways
2 no-brainer UK shares I’d buy right now
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