|Bid||54.38 x 300|
|Ask||54.38 x 100|
|Day's range||52.93 - 54.49|
|52-week range||40.43 - 59.38|
|PE ratio (TTM)||17.72|
|Earnings date||17 Apr 2018 - 23 Apr 2018|
|Forward dividend & yield||1.00 (1.82%)|
|1y target est||61.17|
Morgan Stanley delivered stronger-than-expected results, but sounded a note of caution about the impact of trade tensions and geopolitical concerns on future trading revenue. Aleksandra Michalska reports.
Goldman Sachs (GS) posted revenues of $1.8 billion for Investment Banking segment in 1Q18, up 5% on a YoY (year-over-year) basis and down 16% on a sequential basis. Overall, banks’ (XLF) investment banking segments have seen a sequential decline in fundraising and advisory fees in 1Q18, mainly due to volatile markets and policy changes. However, Goldman outperformed in equity and debt underwriting with YoY growth of 27%, helped by fund raises across structured and traditional debt products, public offerings, and private placements in equities.
By a 4 to 1 vote, the Securities and Exchange Commission proposed a rule to establish a standard of conduct for broker-dealers, which will require complying with obligations of disclosure, care and conflicts of interest. The new rules also will require registered investment advisers and broker-dealers to provide to retail investors a brief relationship summary that isn't longer than four pages, with information on issues such as fees and conflicts of interest. It would also clarify the definition of the fiduciary duty for investment advisers.
Morgan Stanley’s wealth management business reported a strong first quarter: Revenues rose 8%, to $4.4 billion, and pre-tax profits climbed 19%, to a record $1.2 billion. The results were part of a pretty ...
Morgan Stanley’s chief executive officer said Wednesday that he’s not preparing to raise profitability targets. When Wells Fargo & Co. analyst Mike Mayo noted that the bank’s return on equity in the quarter already surpassed the goal it set just three months ago, Gorman reminded him that things can change quickly. “There are these things called the markets that operate here,” Gorman said on a call with analysts, saying his firm aims for steady performance.
Bloomberg's Laura Keller reports on Morgan Stanley's first-quarter earnings results on "Bloomberg Markets: The Open." (Source: Bloomberg)
Morgan Stanley posted a record-high first quarter profit as equities and FICC trading revenue topped estimates. Bloomberg Intelligence's Alison Williams and Dave Donabedian, chief investment officer at ...
Morgan Stanley's first-quarter profits hit a record high, helped by a lower tax bill and a boost in revenue from last quarter's volatile markets. Analysts expected Morgan Stanley to earn $1.26 per share, according to FactSet. Like its major competitors, Morgan Stanley saw its tax bill drop sharply in the quarter.
The number of analysts following Stanley Black & Decker (SWK) has been hovering between 19 and 23 in the past year. At present, 22 analysts are actively tracking SWK. Among them, 64% of the analysts recommended the stock as a “buy,” 36% of the analysts recommended the stock as a “hold,” while none of the analysts have a “sell” recommendation for SWK.
Morgan Stanley has posted a record quarterly profit, bringing down the curtain on a generally bright first-quarter earnings season for the big US banks. Stock trading revenues were up 30 per cent to $2.6bn, ...