Previous Close | 82.07 |
Open | 82.94 |
Bid | 84.26 x 800 |
Ask | 84.35 x 1100 |
Day's Range | 82.94 - 84.68 |
52 Week Range | 72.05 - 100.99 |
Volume | |
Avg. Volume | 7,649,314 |
Market Cap | 140.874B |
Beta (5Y Monthly) | 1.33 |
PE Ratio (TTM) | 14.47 |
EPS (TTM) | 5.83 |
Earnings Date | Jul 18, 2023 |
Forward Dividend & Yield | 3.10 (3.78%) |
Ex-Dividend Date | Apr 28, 2023 |
1y Target Est | 97.09 |
Two of the banking industry's top executives discussed the slowdown they expect to see this year on Wall Street.
Bank of America's (BAC) CEO expects trading and IB revenues to be flat in second-quarter 2023. Loan growth will likely be less than expected.
The new cuts at the Wall Street giant amount to roughly 250 positions, following two previous rounds of layoffs.
Morgan Stanley (MS) expects its trading and investment banking revenues to slump in the second quarter amid a challenging economic environment.
NEW YORK, May 31, 2023--Investment funds managed by Morgan Stanley Private Equity Secondaries and Clairvest Group (Clairvest) announced today the completion of a growth equity investment in Top Aces alongside Top Aces’ other shareholders, which includes global investment group CDPQ.
Morgan Stanley (MS) closed the most recent trading day at $83.42, moving -0.57% from the previous trading session.
Morgan Stanley (MS) receives permission from the CSRC to set up a futures company in China.
Zacks.com users have recently been watching Morgan Stanley (MS) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
China's securities regulator said on Friday it had allowed Morgan Stanley to set up a China futures company in Beijing, to implement the opening-up of the country's futures market. "In the next step, the China Securities Regulatory Commission (CSRC) will continue to deepen the opening up of the futures market, and support qualified overseas institutions to invest in domestic futures companies," the regulator said in a statement.
Morgan Stanley (MS) closed the most recent trading day at $81.22, moving -1.72% from the previous trading session.
NEW YORK, May 24, 2023--Morgan Stanley at Work released today the latest findings from its third annual State of the Workplace Financial Benefits Study:
Traders at five banks found to have discussed British government bond trading between 2009 and 2013
Based on the average brokerage recommendation (ABR), Morgan Stanley (MS) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?
Deutsche Bank and Citigroup admitted anti-competitive activity by exchanging sensitive information on UK government bonds between 2009 and 2013, Britain's anti-trust watchdog said, as it provisionally found five banks in breach of competition rules. HSBC, Morgan Stanley and Royal Bank of Canada, meanwhile, have not admitted any wrongdoing over the alleged sharing of information in one or more one-to-one conversations between a small number of traders in Bloomberg chatrooms in the aftermath of the global financial crisis. The CMA said the conversations are alleged to have related to the buying and selling of UK government bonds - specifically, gilts and gilt asset swaps - and included details on pricing and other aspects of trading strategies.
Britain's Competition and Markets Authority said on Wednesday it had provisionally found five major global banks broke UK competition law by exchanging sensitive information on government bonds in one-to-one online chats. In a statement, the watchdog said it had provisionally found Citi, Deutsche Bank, HSBC, Morgan Stanley and Royal Bank of Canada each unlawfully shared information by participating in one or more series of one-to-one conversations in Bloomberg chatrooms between a small number of traders.
NEW YORK, May 23, 2023--Morgan Stanley (NYSE: MS) today announced the winners of this year’s Strategy Challenge, the Firm’s flagship pro bono program, which brings together rising talent to help nonprofit organizations solve strategic, mission-critical challenges. Winning teams supported Meeting Essential Needs with Dignity, Inc. (MEND) and Leonard Cheshire, in the U.S. and the U.K. respectively.
After a 13-year run, Morgan Stanley's (MS) James Gorman is set to step down as the CEO in the next year.
The absence of women from the slate of potential Morgan Stanley CEO successors underscores the importance of cultivating and keeping diverse talent, corporate governance experts say. Morgan Stanley co-presidents Ted Pick and Andy Saperstein, and head of investment management Dan Simkowitz, are the front-runners to succeed James Gorman, who said on Friday he plans to step down as chief executive within a year. The most recent U.S. workforce diversity data comprehensively reported by the Wall Street banks shows women were less represented in leadership positions at Morgan Stanley than at other top U.S. banks as of 2021.
When James Gorman made one of the biggest announcements of his career on Friday -- that he would be stepping down as Morgan Stanley CEO within a year -- he still managed to crack a joke. "An issue of paramount importance to shareholders, employees and clients is, of course, succession -- and no, I'm not just talking about the TV series," Gorman told shareholders at the company's virtual annual meeting. "And I definitely have no plans to go out like Logan Roy," he said, referring to the lead character in the HBO television show about the family of a media tycoon.
When James Gorman made one of the biggest announcements of his career on Friday -- that he would be stepping down as Morgan Stanley CEO within a year -- he still managed to crack a joke. "An issue of paramount importance to shareholders, employees and clients is, of course, succession -- and no, I'm not just talking about the TV series," Gorman told shareholders at the company's virtual annual meeting. "And I definitely have no plans to go out like Logan Roy," he said, referring to the lead character in the HBO television show about the family of a media tycoon.
The Yahoo Finance Live team discusses Morgan Stanley CEO James Gorman announcing his plan to step down as CEO within the next year, the company's stock movement, and Gorman's impact at the company.
Stocks had rallied over the past two sessions on growing confidence a deal to raise the $31.4 trillion debt limit could be reached in coming days, with the benchmark S&P 500 climbing more than 2%. The S&P 500 and Nasdaq notched their biggest weekly percentage gains since the final week of March.
Stocks had rallied over the past two sessions on growing confidence a deal to raise the $31.4 trillion debt limit could be reached in coming days, with the benchmark S&P 500 climbing more than 2%. The interest rate outlook remained uncertain.
Wall Street's main indexes erased early gains on Friday as U.S. debt ceiling talks between the White House and House Republican lawmakers were paused, dampening hopes that a deal could be reached soon to avoid a calamitous default. "The general tone of the progress that both sides have been making on the debt ceiling negotiation process had been a tailwind for markets and anything that changes that view likely was going to hit the market here," said Art Hogan, chief market strategist at B Riley Wealth in Boston. Powell said on Friday that the after effects of recent banking sector troubles takes some pressure off the U.S. central bank to raise rates, while a separate report said U.S. Treasury Secretary Janet Yellen told bank CEOs on Thursday that more bank mergers may be necessary after a series of bank failures.