Morgan Stanley Set to Possibly Pullback After Yesterday's Rally of 2.32%
Comtex SmarTrend(R) - Fri Jul 08, 1:08PM CDT
Morgan Stanley (NYSE:MS) traded in a range yesterday that spanned from a low of $26.03 to a high of $26.41. Yesterday, the shares gained 2.3%, which took the trading range above the 3-day high of $25.92 on volume of 6.2 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
MS: 26.46 (+0.09)
Morgan Stanley (MS) Approaches New Upside Target of $26.28
Comtex SmarTrend(R) - Fri Jul 08, 9:24AM CDT
Morgan Stanley (NYSE:MS) has opened bullishly above the pivot of $25.62 today and has reached the first level of resistance at $25.98. Analysts will be watching for a cross of the next upside pivot targets of $26.28 and $26.93.
MS: 26.46 (+0.09)
The Latest: EU's Tusk hints at chance for UK to stay in EU
AP - Thu Jul 07, 3:14PM CDT
LONDON (AP) — The Latest on Britain's vote to leave the European Union (all times local):
JPM: 62.27 (+0.44), BAC: 13.21 (+0.04), MS: 26.46 (+0.09)
Fitch Affirms MSBAM 2013-C12
BusinessWire - Thu Jul 07, 1:47PM CDT
Fitch Ratings has affirmed 14 classes of Morgan Stanley Bank of America Merrill Lynch Trust (MSBAM) commercial mortgage pass-through certificates series 2013-C12. A detailed list of rating actions follows at the end of this release.
MS: 26.46 (+0.09)
Germany predicts drop in exports to Britain due to EU exit
AP - Thu Jul 07, 9:45AM CDT
BERLIN (AP) — German exports to Britain are forecast to fall both this year and in 2017 due to the country's vote to leave the European Union, a business group said Thursday.
JPM: 62.27 (+0.44), BAC: 13.21 (+0.04), MS: 26.46 (+0.09)
TruClarity Takes Stress Out of Launch for Wealth Advisor One Seven
PR Newswire - Thu Jul 07, 8:02AM CDT
TruClarity has helped the founders of newly minted wealth advisor One Seven (www.WeAreOneSeven.com) successfully launch their firm. The foundation of the new business is a four-advisor team, with approximately 500 clients and $600 million in assets, which decided to break away from Morgan Stanley. Ultimately, One Seven is envisioned as a client-centric RIA consisting of a nationwide network of like-minded advisors. The firm is headquartered in Cleveland with its first additional office in Park City, Utah.
MS: 26.46 (+0.09)
Canadian World Fund: Investment Update-Unaudited
Marketwire Canada - Wed Jul 06, 3:03PM CDT
TORONTO, CANADA--(Marketwired - Jul 6, 2016) - Canadian World Fund Limited (TSX:CWF) reports on an unaudited basis that its net asset value per share (NAV) at June 30, 2016 was $7.22, resulting in year-to-date and 12-month NAV returns of -4.1% and -4.0%, respectively. These compare with the -6.0% and -1.7% returns of the benchmark Morgan Stanley Capital International All Country World Index, in Canadian dollar terms, for the same periods.
CWF.TO: 4.69 (+0.01), MS: 26.46 (+0.09)
How Did Gold Gain 25% in the First Half of 2016?
Afrasiab Mian - Zacks Investment Research - Fri Jul 01, 2:28PM CDT
Ah yes, gold, the resource that people have killed each other over for centuries. Okay wait, maybe those days are over, but it's still a relevant resource. In the first half of 2016, this commodity gained over 25% in value, but why?
GS: 152.19 (+1.81), JPM: 62.27 (+0.44), GLD: 129.29 (-1.23), C: 42.29 (+0.31), IAU: 13.07 (-0.11), UUP: 25.00 (+0.07), MS: 26.46 (+0.09)
Morgan Stanley Investment Management Announces Portfolio Management Changes for The Latin American Discovery Fund, Inc.
BusinessWire - Thu Jun 30, 3:30PM CDT
Morgan Stanley Investment Management announced today portfolio management changes for The Latin American Discovery Fund, Inc. (NYSE:LDF) (the "Fund"
LDF: 9.37 (+0.13), MS: 26.46 (+0.09)
Fitch Affirms MSC 2007-IQ16
BusinessWire - Thu Jun 30, 2:51PM CDT
Fitch Ratings has affirmed 20 classes of Morgan Stanley Capital I Trust (MSC 2007-IQ16) commercial mortgage pass-through certificates series 2007-IQ16.
MS: 26.46 (+0.09)
After Yesterday's Rally of 2.60% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Thu Jun 30, 12:35PM CDT
Morgan Stanley (NYSE:MS) traded in a range yesterday that spanned from a low of $25.18 to a high of $25.90. Yesterday, the shares gained 2.6%, which took the trading range above the 3-day high of $25.25 on volume of 9.5 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
MS: 26.46 (+0.09)
Fitch: US Banks Raise CCAR Payouts; Planning Process Still Key
BusinessWire - Thu Jun 30, 9:12AM CDT
The results of the 2016 Comprehensive Capital Adequacy Review (CCAR), the second stage of the annual stress test of the largest US banks, highlight the capital strength that enabled the sector to broadly increase payout requests, Fitch Ratings says. However, this year's exercise continued to underscore the need for banks to remain vigilant in terms of their capital planning processes.
DB: 13.30 (+0.33), MS: 26.46 (+0.09)
Stress Test Results: 31 Banks Rejoice, 2 Fail to Clear
Zacks Equity Research - Zacks Investment Research - Thu Jun 30, 7:57AM CDT
Following the release of the Dodd-Frank Act supervisory stress test 2016 (DFAST 2016) results last week, the Federal Reserve approved the capital plans of 30 financial institutions out of 33 in the Comprehensive Capital Analysis and Review (CCAR).
FITB: 17.42 (+0.17), STT: 53.61 (+0.38), COF: 66.26 (+1.55), USB: 40.30 (+0.21), C: 42.29 (+0.31), MTB: 116.53 (+0.59), WFC: 48.08 (+0.29), PNC: 81.06 (+0.44), BK: 38.59 (+0.10), MS: 26.46 (+0.09)
Why Fed Asked Morgan Stanley to Resubmit Capital Plan
Zacks Equity Research - Zacks Investment Research - Thu Jun 30, 7:39AM CDT
Morgan Stanley has received conditional approval to its 2016 capital plan.
JPM: 62.27 (+0.44), DB: 13.30 (+0.33), BAC: 13.21 (+0.04), MS: 26.46 (+0.09)
Fed gives OK to 30 banks to up dividends, buy back shares
By MARCY GORDON - AP - Wed Jun 29, 5:52PM CDT
WASHINGTON (AP) — The Federal Reserve on Wednesday gave the green light to plans by major banks in the U.S. to raise their dividends and buy back shares, judging their financial foundations sturdy enough to withstand a major economic downturn. The Fed rejected the plans put forward by the U.S. businesses of two European banks, Germany's Deutsche Bank and Spain's Santander.
JPM: 62.27 (+0.44), C: 42.29 (+0.31), WFC: 48.08 (+0.29), BAC: 13.21 (+0.04), MS: 26.46 (+0.09)
Do Coal Stocks Deserve Any More Attention?
Zacks Equity Research - Zacks Investment Research - Wed Jun 29, 3:40PM CDT
Do Coal Stocks Deserve Any More Attention?
AEP: 70.70 (-0.01),
Morgan Stanley Announces Share Repurchase of up to $3.5 Billion of Common Stock and the Increase of Its Quarterly Dividend to $0.20 Per Share
BusinessWire - Wed Jun 29, 3:35PM CDT
Morgan Stanley announced today that it received no objection from the Board of Governors of the Federal Reserve System ("Federal Reserve Board"
MS: 26.46 (+0.09)
Blue Buffalo Pet Products (BUFF) Announces Pricing Of Secondary Offering
Adam Clark - Zacks Investment Research - Wed Jun 29, 11:28AM CDT
Blue Buffalo Pet Products Inc. announced that it will launch a secondary offering of common stock on July 5th as current shareholders will be selling 15 million shares for $22/share.
BCS: 7.67 (+0.35), JPM: 62.27 (+0.44), C: 42.29 (+0.31), DB: 13.30 (+0.33), BUFF: 25.93 (+0.43), MS: 26.46 (+0.09)
Morgan Stanley Employees Build New Playground in Cleveland as Part of Healthy Cities Program
BusinessWire - Wed Jun 29, 9:30AM CDT
Morgan Stanley (NYSE:MS) today announced that over 200 Morgan Stanley and community volunteers will build a playground in Griot Village as part of the Morgan Stanley's Healthy Cities initiative. Public schools are the nexus of the Healthy Cities Cleveland program, which delivers integrated nutrition, health and play programming to children and their families. The design for the new playground is based on children's drawings created at a special design event in May.
MS: 26.46 (+0.09)