Morgan Stanley news from FierceFinance
NewsSPOTLIGHT: Morgan Stanley axes top analysts
Financial News Online reports that as part of Morgan Stanley's latest layoffs, several highly regarded stock analysts have been let go. Read more...
ALSO NOTED: Goldman Sachs, Morgan Stanley estimates cut again; Countrywide must face shareholder suit; and much more...
Company News:> Bullishness on Franklin Resources. Article > Read more...
Second-quarter earnings still a question mark
Goldman Sachs analyst William Tanona has reduced his second-quarter earnings estimates at Bear Stearns, Lehman Read more...
ALSO NOTED: Merrill Lynch changes stock rating system; Merrill Lynch, Citigroup execs look to former colleagues for talent; and
Company News:> Freddie beats expectations. Article> More on the Clear Channel agreement. Read more...
Whitney more cautious on second quarter
Meredith Whitney, of Oppenheimer, is telling clients that broker-dealers' second-quarter earnings are under pressure, reports MarketWatch. One new twist comes from the credit defaults swap market. Read more...
More on SWFs and top banks
We've noted that sovereign wealth funds, despite the political controversy, represent a vast source of new business of Wall Street firms. IDD fleshes out the idea a bit. Read more...
Clear Channel deal imminent?
With a trial about to start, hedge fund Highfield Capital and Morgan Stanley decided that all parties to the troubled Clear Channel deal should come to some sort of agreement. A jury trial would not Read more...
ALSO NOTED: Citigroup may sell Japanese consumer finance unit; Morgan Stanley closes infrastructure fund; and much more...
Company News:> Morgan Stanley closes infrastructure fund. Article > More on Read more...
Shareholders meetings this year seem mundane
You might have thought there would be a lot of fireworks at annual meetings of top Wall Street banks. But it hasn't really turned out that way. To be sure, there were some small victories that Read more...
Microsoft-Yahoo deal implosion reorders league tables
Microsoft's decision to walk away from a much-hoped-for Yahoo deal definitely will have an impact on the league tables, Financial News Online notes. Microsoft had retained Morgan Stanley and the Read more...
| Press ReleasesEllyn A. McColgan Named President and Chief Operating Officer of Morgan Stanley Global Wealth Management GroupDec 17 2007 | New York Morgan Stanley today announced that Ellyn A. McColgan has been named President and Chief Operating Officer of the Global Wealth Management Group (GWMG), effective in April, Read more... Morgan Stanley Private Equity Completes $310 Million Acquisition of Tops Markets, Names Frank Curci CEOMorgan Stanley Private Equity announced today that it has completed the previously announced acquisition of Tops Markets, LLC (Tops) for $310 million. Frank Curci was named Tops’ Chief Executive Read more... Morgan Stanley CFO David H. Sidwell to Retire at Year End, Head of Global Capital Markets Colm Kelleher to Assume CFO RoleMay 01 2007 | New York Morgan Stanley (NYSE: MS) today announced that David H. Sidwell, Executive Vice President and Chief Financial Officer, has decided to retire from the Firm at the end of 2007. Read more... Morgan Stanley Private Equity Hires Gary S. Matthews as Managing Director and Operating PartnerOct 01 2007 | New York Morgan Stanley announced today that Gary S. Matthews will join the Firm as a Managing Director and Operating Partner for Morgan Stanley Private Equity, the Firm’s global Read more... |