Rockefeller Capital hires former Morgan Stanley executive Eric Heaton 2022/09/06 14:12:03 Financial Post
Rockefeller Capital Management said on Tuesday Eric Heaton, former president of Morgan Stanley U.S. banks, had joined the financial services firm as head of strategy. Heaton will be a member of Rockefeller Management Committee and will report to Chief Executive Officer (CEO) Gregory J. Fleming. He will advise the CEO on strategic growth plans and […]
Odeon analyst Richard Bove cuts Goldman, Morgan Stanley to sell on investment banking woes 2022/09/06 13:21:31 MarketWatch
Odeon Capital Group analyst Richard Bove on Monday said weak investment banking revenue is hanging over big banks as he cut his ratings for Goldman Sachs…
Odeon''s Bove cuts Goldman Sachs, Morgan Stanley to Sell, amid i-banking downturn (NYSE:MS) 2022/09/06 12:55:53 Seeking Alpha
Odeon Capital analyst Dick Bove downgraded Goldman Sachs (GS) and Morgan Stanley (MS) to Sell from Hold and Citigroup (C) to Hold from Buy as he sees dark times coming for…
Vericel to Present at the Morgan Stanley Global Healthcare and H.C. Wainwright Global Investment Conferences 2022/09/06 12:30:00 GlobeNewswire
CAMBRIDGE, Mass., Sept. 06, 2022 (GLOBE NEWSWIRE) -- Vericel Corporation (NASDAQ:VCEL), a leader in advanced therapies for the sports medicine and severe burn care markets, today announced that Company leadership will present at the upcoming Morgan Stanley and H.C. Wainwright investor conferences.
Wall Street banks'' latest messages on return-to-office policies might seem flexible, but the underlying message is clear: Come back to your desks. 2022/09/06 11:40:00 Business Insider
Goldman Sachs and Morgan Stanley are lifting COVID-19 protocols in their offices, Jefferies wants staff back at their desks on a "consistent" basis, and Citi bankers are still expected to come in at least three days a week.
Morgan Stanley reaches agreements to resolve SEC, CFTC investigations 2022/08/05 21:05:37 Financial Post
Morgan Stanley said on Friday it had reached agreements with two regulatory agencies to resolve record-keeping investigations about business communications on messaging platforms not approved by the bank. The bank said it reached agreements in principle with the Securities and Exchange Commission (SEC) for $125 million and the Commodity Futures Trading Commission (CFTC) for $75 […]
Former Morgan Stanley financier in North Carolina banned from selling securities 2022/08/05 20:22:08 Business Journals
A former Morgan Stanley financier accused of a $4.8 million Ponzi scheme in North Carolina has been barred from the business of selling securities.
Top 5 2nd Quarter Trades of MOTCO 2022/08/05 19:00:12 GuruFocus
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Will Morgan Stanley (NYSE: MS) Stock Boom Or Bust From Here? 2022/08/05 18:00:00 Marketing Sentinel
During the recent session, Morgan Stanley (NYSE:MS)’s traded shares were 1.07 million, with the beta value of the company hitting 1.40. At the last check today, the stock’s price was $86.16, reflecting an intraday gain of 0.94% or $0.8. The 52-week high for the MS share is $109.73, that puts it down -27.36 from that … Will Morgan Stanley (NYSE: MS) Stock Boom Or Bust From Here? Read More »
Facebook parent Meta set to raise US$10b in bond debut 2022/08/05 03:45:47 The Sun Daily
NEW YORK : Facebook parent Meta Platforms Inc is set to raise US$10 billion (RM44.5 billion) in its first-ever bond offering on Thursday (Aug 4), as it looks to fund share buybacks and investments to revamp its business, according to two sources close to the deal. The offering, which included bonds with maturities ranging from five years to 40 years, received over US$30 billion of orders from investors, the sources said. They added the demand was skewed towards the longer-dated bonds. Meta did not respond to a request for comment. Among big technology companies, Meta had been the only one that did not have debt on its books. Tapping the market now would help it build a more traditional balance sheet. That could give it more financial room as it tries to fund some expensive initiatives, such as its metaverse virtual reality and Reels short video product, at a time its cash pile is depleting, the sources said. The sources, who declined to be named as they were not authorised to speak publicly, said Meta started working in earnest on the offering over the last couple of months.
Bring On The Lawsuits: Elon Musk Terminates Deal To Buy Twitter 2022/07/08 21:30:34 Zero Hedge
Bring On The Lawsuits: Elon Musk Terminates Deal To Buy Twitter Many were wondering how the Musk Twitter takeover saga ends, or rather, who will be the first to sue. Late on Friday, Elon Musk decided to resolve the debate by effectively breaching his contract signed three months ago, and making a Delaware lawsuit inevitable, by announcing in a 13D filing that he is terminating his Twitter merger agreement, and claiming that "Twitter is in material breach of multiple provisions of that Agreement, appears to have made false and misleading representations upon which Mr. Musk relied when entering into the Merger Agreement, and is likely to suffer a Company Material Adverse Effect." Of course, none of that will stick as Elon waived all rights to rework the deal when he signed the purchase agreement on April 25, and now it will be up to either i) a judge to impose the original deal, an outcome which will likely take place after several years of lawsuits or ii) to renegotiate the purchase price lower.
Morgan Stanley (NYSE: MS) Stocks Fall -21.57% YTD; What Next For It? 2022/07/08 17:00:00 Marketing Sentinel
Morgan Stanley (NYSE:MS)’s traded shares stood at 1.34 million during the latest session, with the company’s beta value hitting 1.41. At the last check today, the stock’s price was $77.30, to imply an increase of 0.40% or $0.31 in intraday trading. The MS share’s 52-week high remains $109.73, putting it -41.95% down since that peak … Morgan Stanley (NYSE: MS) Stocks Fall -21.57% YTD; What Next For It? Read More »
Earnings week ahead: Delta Air Lines, Pepsi, big banks, and more (NYSE:JPM) 2022/07/08 14:20:56 Seeking Alpha
Earnings season begins to ramp up next week, with reports due out from JP Morgan (JPM), Citi (C), Wells Fargo (WFC), Morgan Stanley (MS), PepsiCo (PEP) and Delta Air Lines (DAL).
A portrait of a biotech buyout deal in savage times: turning a $15.50 offer into a $7.12 deal 2022/07/08 13:17:05 Endpoints News
Back last November, the once high-flying F-star was hurting, bad. Its share price had been crushed and the CEO, Eliot Forster of Immunocore fame, had to face the prospect of a dwindling cash reserve. So they went to Morgan Stanley to see what the bankers could come up with in