morgan-stanley

Morgan Stanley’s Profit Rose 35%

Morgan Stanley’s Profit Rose 35%

Filed under: Earnings Reports , Industry , Citigroup Inc. (C) , JPMorgan Chase (JPM) , Goldman Sachs Group (GS) , Morgan Stanley (MS) Bank earnings are coming in mixed. A few days ago, JPMorgan Chase ( JPM ) reported its profit was up 47%. Then, Goldman Sachs ( GS ) reported earnings were down 52%. And on Wednesday, we got a stellar performance by Morgan Stanley ( MS ). The Wall Street Journal reports that Morgan Stanley’s profits were up 35% to $867 million, up from $460 million a year ago. Earnings jumped to 41 cents per share from 29 cents per share. Net revenue jumped 14% to $7.81 billion. Analysts at Thomson Reuters had forecast earnings of 35 cents a share on $7.35 billion. Continue reading Morgan Stanley’s Profit Rose 35% Morgan Stanley’s Profit Rose 35% originally appeared on BloggingStocks on Thu, 20 Jan 2011 10:00:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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Morgan Stanley’s Q4 Profit Surges 88%, Beating Estimates (MS)

Filed in ceo, dividend, Gold, lead, morgan-stanley, o, revenue, shares by on January 20, 2011 0 Comments

Financial services giant Morgan Stanley ( MS ) on Thursday said its fourth quarter profit jumped 88% from last year on higher revenue, surpassing analyst estimates. The New York-based company reported fourth quarter net income of $867 million, or 41 cents per share, compared with $460 million, or 29 cents per share, in the year-ago period. Revenue rose 14% from last year to $7.8 billion. On average, Wall Street analysts expected a slightly smaller profit of 40 cents per share, on smaller revenue of $7.4 billion. CEO James Gorman commented, “Despite this year’s challenging markets, we delivered strong results in investment banking enhancing our leadership positions in M&A, global equity and IPOs based on the strength of our banking, capital markets and equities teams.” Morgan Stanley shares rose 47 cents, or +1.7%, in premarket trading Thursday. The Bottom Line Shares of Morgan Stanley ( MS ) have a .72% dividend yield, based on last night’s closing stock price of $27.75. The stock has technical support in the $24-$25 price area. If the shares can firm up, we see overhead resistance around the $29-$30 price levels. Morgan Stanley ( MS ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.2 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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Social Network Linkedln to Go Public in 2011

Filed in bank of america, jp morgan, morgan-stanley, New Gold, o, revenue by on January 6, 2011 0 Comments
Social Network Linkedln to Go Public in 2011

Filed under: Deals , Management , Internet , Entrepreneurs Sources close to the social network Linkedln say it is planning to go public, as reported in Reuters . It has filed statements with the Securities and Exchange Commission. Owner Jeff Weiner told Reuters that he has selected Morgan Stanley ( MS ), Bank of America ( BAC ) and JP Morgan ( JPM ) as book runners. Book runners take the original stock offering and then resell it to retail clients. Linkedln is a fast growing social networking site with 85 million viewers. Financial information is not available. Company revenues come from advertising. A source close to the company values it at about $2.2 billion. Continue reading Social Network Linkedln to Go Public in 2011 Social Network Linkedln to Go Public in 2011 originally appeared on BloggingStocks on Thu, 06 Jan 2011 14:30:00 EST. Please see our terms for use of feeds . Read | Permalink | Email this | Comments

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Keefe, Bruyette & Woods Lowers Estimates for Goldman Sachs, Morgan Stanley (GS, MS)

Financial services giants Goldman Sachs Group, Inc. ( GS ) and Morgan Stanley ( MS ) both saw their earnings estimates cut on Tuesday by analysts at Keefe, Bruyette & Woods. The firm said it lowered its fourth quarter 2010 EPS estimate for GS from $3.95 to $3.65, citing lower trading expectations. Still, KBW maintained its “Outperform” rating on GS and its $210 price target, which implies a healthy 21% upside to the stock’s Monday closing price of $173.05. Meanwhile, KBW cut its fourth quarter 2010 EPS estimate for MS from 40 cents to 35 cents, and its full-year 2010 estimate from $1.75 to $1.70, also citing lower expected trading results. The firm continues to rate MS as “Market Perform.” Goldman Sachs shares were mostly flat in premarket trading Tuesday, while Morgan Stanley shares rose 18 cents, or +0.6%. The Bottom Line Shares of Goldman Sachs ( GS ) have a .81% dividend yield, based on last night’s closing stock price of $173.05. Shares of Morgan Stanley ( MS ) have a .71% dividend yield, based on last night’s closing stock price of $28.23. Goldman Sachs Group, Inc. ( GS ) is a “Recommended” stock, holding a Dividend.com DARS™ Rating of 3.5 out of 5 stars. Morgan Stanley

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Morgan Stanley (NYSE:MS) Top Equity Banker on Pricing, Tops JPMorgan (NYSE:JPM)

It remains to be seen the cost associated with winning the title of top equity banker is worth it to Morgan Stanley (NYSE:MS), as they overcame JPMorgan for the title, but did it by competing on price, which of course generates the question of its impact on margins and earnings. Included in some of Morgan Stanley’s big deals were equity offerings from Citigroup (NYSE:C) and General Motors (NYSE:

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Bank of America (NYSE:BAC) On Morgan Stanley (NYSE:MS) JPMorgan (NYSE:JPM), Goldman (NYSE:GS) and Citigroup (NYSE:C)

With most bank earnings falling over the last month, Bank of America (NYSE:BAC) has revised some of their EPS estimates for financial institutions for the fourth quarter, including bank majors Morgan Stanley (NYSE:MS), JPMorgan (NYSE:JPM), Goldman Sachs (NYSE:GS) and Citigroup (NYSE:C).Out of those banks listed above, only Morgan Stanley had their EPS estimate upwardly revised by Bank of America,

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Barclays Capital Cuts Earnings Estimates for Morgan Stanley, Goldman Sachs (MS, GS)

Financial services giants Morgan Stanley ( MS ) and Goldman Sachs ( GS ) both saw their earnings estimates cut on Monday by analysts at Barclays Capital. On MS, the firm lowered its 2010 EPS estimate to $2.01, citing a lower core FICC outlook and narrower credit spreads. Barclays maintained its “Equal Weight” rating and $34 price target on MS, which implies a nearly 30% upside. Meanwhile, the analyst lowered its 2010 EPS estimate for GS to $13.40, citing a less favorable revenue mix. Barclays also maintained its “Equal Weight” rating and $175 price target on GS, implying a nearly 7% upside. Both Morgan Stanley and Goldman Sachs shares were mostly flat in premarket trading Monday. The Bottom Line Shares of Morgan Stanley ( MS ) have a .76% dividend yield, based on Friday’s closing stock price of $26.24. Shares of Goldman Sachs ( GS ) have a .85% dividend yield, based on Friday’s closing stock price of $164.04. Morgan Stanley ( MS ) and Goldman Sachs ( GS ) are not recommended at this time, holding Dividend.com DARS™ Ratings of 3.2 and 3.4 out of 5 stars, respectively. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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Raymond James Financial (NYSE:RJF), Morgan Stanley (NYSE:MS) FBR’s Leading Retail Broker Picks

Filed in FBR Capital, Gold Bullion prices, morgan-stanley, o, Raymond James by on December 13, 2010 0 Comments

With capital markets expected to improve in 2011, pure investment banks may be eyed more by investors, but FBR believes the ongoing environment still works in the favor of retail brokers, and their favorite picks in the sector are Raymond James Financial (NYSE:RJF) and Morgan Stanley (NYSE:MS). FBR said, “With an improving economic environment, lower equity and fixed-income market volatility,

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BHP (NYSE:BHP) May Acquire Woodside says Morgan Stanley (NYSE:MS)

Joining the chorus of commentators and analysts hyping the possibility BHP Billiton (NYSE:BHP) may target Woodside Petroleum Ltd. is Morgan Stanley (NYSE:MS), who believes they will be a target of BHP if the Potash (NYSE:POT) remains closed to the mining giant.With little chance of the Canadian government changing their minds, Morgan is essentially saying Woodside is the next target of BHP CEO

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JPMorgan and Bank of America Report Perfect Trading Quarters

JPMorgan and Bank of America Report Perfect Trading Quarters

Filed under: Earnings Reports , JPMorgan Chase (JPM) , Bank of America (BAC) , Goldman Sachs Group (GS) So now, when you thought that Goldman Sachs Group Inc. ( GS ) was king of the hill, think twice. JPMorgan Chase & Co. ( JPM ) and Bank of America Corp. ( BAC) both racked up perfect trading quarters, according to the Wall Street Journal . JPMorgan had 12 days where it made more than $200 million each day. Bank of America had at least 25 days where it made more the $100 million from trading in the third quarter. Continue reading JPMorgan and Bank of America Report Perfect Trading Quarters JPMorgan and Bank of America Report Perfect Trading Quarters originally appeared on BloggingStocks on Tue, 09 Nov 2010 17:30:00 EST. Please see our terms for use of feeds . Read | Permalink | Email this | Comments

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Morgan Stanley (NYSE:MS) Downgrades Harmony Gold (NYSE:HMY)

With very little upward movement from March, Harmony Gold (NYSE:HMY) continues to be looked upon as negative, and Morgan Stanley (NYSE:MS) reflected that with their downgrade of the South African gold miner from “Overweight” to “Equalweight.” Just being in based in South Africa is a negative for any gold miner, as so-called “black empowerment” and surging energy costs are considered a negative

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Morgan Stanley (NYSE:MS) Raises Gold Projection for 2011

As gold prices continue to break records on a weekly basis, projections continue to rise based on a number of factors, and Morgan Stanley (NYSE:MS) has raised its forecast for gold prices in response. Morgan Stanley, “Accelerating weakness in the U.S. currency, driven by fears of renewed quantitative easing to confront sluggish U.S. growth, is proving to be a boon to commodity markets.” At a

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