|Bid||0.000 x 137000|
|Ask||0.000 x 10000|
|Day's range||42.520 - 42.945|
|52-week range||29.535 - 44.680|
|PE ratio (TTM)||12.30|
|Forward Dividend & Yield||0.80 (1.84%)|
|1y target est||N/A|
Cabot Credit Management , Britain's biggest debt collector said on Friday it would list on the London Stock Exchange, targeting a 1 billion-pound market capitalisation, a source familiar with the matter ...
Progress in U.S. tax reform plans lifted emerging stocks on Friday, but a stronger dollar and higher U.S. Treasury yields scuppered currencies, which looked set for daily and weekly losses. The U.S. Senate ...
Slower Chinese growth crimped investor appetite for emerging market stocks on Thursday, which hit a one-week low after heavy losses in Asia spread to Europe, but currencies such as the rand and lira snapped ...
Banks including Credit Suisse, Goldman Sachs and Morgan Stanley are unleashing new trading software systems in an attempt to pick up share in the $6 trillion market for investment-grade corporate debt....
Private equity company Advent has hired Morgan Stanley to sell its 45 percent stake in Spanish explosives manufacturer Maxam, two sources with knowledge of the matter said on Wednesday. The transaction could value the company, founded in 1872 by Alfred Nobel, at up to 1.5 billion euros (1.34 billion pounds), the sources said. Advent plans to raise up to 675 million euros from the sale of its stake, equivalent to a multiple of 8 to 10 times Maxam's core profit (EBITDA), based on the valuations of other comparable companies in the sector, they said.
Morgan Stanley reported an earnings beat earlier this week, with the investment banking giant’s revenues and profits for the third quarter continuing to draw on the strength of its wealth management franchise.
Morgan Stanley sees a way to make money betting against U.S. residential mortgage-backed securities. Just don’t say it’s a “big short.”
Morgan Stanley (MS) shares got a more than 2% lift on Wednesday after reporting an quarterly earnings beat. Morgan Stanley posted adjusted earnings per share of $0.93 on revenue of $9.2 billion for the third quarter, exceeding analyst expectations of $0.81 EPS and $9 billion in sales, according to Bloomberg. JMP Securities' analyst Devin Ryan stayed his Market Outperform rating on the stock, but raised his price target by a dollar to $54.
Goldman Sachs and Morgan Stanley reported better than expected third quarter earnings but strength was short-lived. Here's how to trade share-price volatility.
Morgan Stanley said its third-quarter profit rose 12% to $1.78 billion as its giant wealth-management business continued to churn out reliable and growing profits even as trading revenue declined.
U.S. stocks rose on Tuesday after company earnings reports were better than expected, with the Dow Jones Industrial Average breaching the 23,000 mark for the first time, while the U.S. Treasury yield curve flattened and the dollar rose to a one-week high on increased inflation expectations. The Dow briefly touched a new high of 23,002.20, powered by earnings from UnitedHealth and Johnson & Johnson. The S&P 500 had been negative as traders were left unimpressed by some bank earnings, but it ticked up before the market closed.
The Dow Jones Industrial Average briefly broke above the 23,000-point mark for the first time on Tuesday, driven by strong earnings from UnitedHealth and Johnson & Johnson, but finished the session just below that milestone. The Dow may in the near term have a difficult time sustaining a move above 23,000, said Robert Pavlik, chief market strategist at Boston Private Wealth in New York. Recent strong economic data and renewed hope that President Donald Trump may be able to make progress on tax reform also have helped lift stocks in recent weeks.
Morgan Stanley's wealth unit earned $1 billion from interest on client loans and their securities on deposit. The business could soon surpass investment banking as a moneymaker for the firm.
Wall Street’s biggest brokerages posted double-digit gains in third-quarter profit as clients continued to move money into fee-based accounts and take on more debt.
As earnings season for the biggest banks drew to a close, Morgan Stanley and Goldman Sachs Group Inc. joined other major U.S. lenders in showing the advantages and drawbacks of calm markets.
Morgan Stanley’s wealth management business is powering the company’s earnings, reports The Wall Street Journal. Rivals including J.P. Morgan Chase and Citigroup last week reported profit increases powered by commercial lending and credit cards. Morgan Stanley instead leans on its wealth management division, which oversees $2.2 trillion for some 3.5 million American households, to steady its earnings.
Wall Street rivals Goldman Sachs Group Inc and Morgan Stanley topped analyst expectations on Tuesday, reporting third-quarter earnings gains from a range of products and services despite an industry-wide decline in bond trading. Goldman's private equity investments helped fuel its earnings beat, while Morgan Stanley's wealth management unit delivered record revenue and profit margins. "This is the goal: that we're not as reliant on sales and trading businesses," Morgan Stanley Chief Financial Officer Jonathan Pruzan said in an interview.
Goldman's private equity investments helped fuel its earnings beat, while Morgan Stanley's wealth management unit delivered record revenue and profit margins. "This is the goal: that we're not as reliant on sales and trading businesses," Morgan Stanley Chief Financial Officer Jonathan Pruzan said in an interview.
If you’re the chief executive of a Wall Street firm whose fortunes have been tied to fickle trading markets, it helps to have a Plan B.
Wall Street’s big two investment banks have shown that they can perform reasonably well even when the environment is tough. Morgan Stanley and Goldman Sachs Group on Tuesday both reported better-than-expected results for the third quarter. In Goldman’s case, the 26% decline in fixed-income, currency and commodity trading revenue in the third quarter was actually a better result than many feared.
Goldman Sachs(GS) and Morgan Stanley (MS) are both higher this morning, after reporting third-quarter earnings--a pleasant contrast to the decline following bank earnings last week. UPDATE: Goldman Sachs is now lower, while Morgan Stanley is still in the black. Goldman Sachs said it earned $5.02 a share, ahead of the $4.17 that analysts were expecting. Revenue rose 2% to $8.33 billion above the $7.54 billion consensus estimate.
Among the companies with shares expected to trade actively in Tuesday's session are Goldman Sachs, Morgan Stanley, Netflix, Johnson & Johnson, UnitedHealth Group, Snap and Facebook.
Oct.18 -- As earnings season for the biggest banks drew to a close, Morgan Stanley and Goldman Sachs joined other major U.S. lenders in showing the advantages and drawbacks of calm markets. Bloomberg's Laura Keller reports.