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The EpiPen isn't the only drug that's more than doubled in price (MYL, LLY,...
Drug price increases — a common practice in the pharmaceutical industry— have come under much closer scrutiny over the past year. Take Mylan, for example. The makers of the EpiPen came under fire in...
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Chipotle's decline is unstoppable
Wall Street has growing doubts that Chipotle will ever recover from the E. coli outbreak that sent its sales tumbling. In a note published Thursday, BTIG analyst Peter Saleh said the company's...
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Watch out Wall Streeters: Your jobs are moving to Mumbai
Morgan Stanley is moving jobs overseas.The US bank set out a plan to cut costs back in January, and CEO James Gorman said at the time that "too many employees" were based in high-cost centers. "Now is...
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2 quick fixes Buffalo Wild Wings is trying to combat an investor's brutal...
A month after an investor ripped apart Buffalo Wild Wings' business, the sport-bar offered up some solutions of its own to Morgan Stanley. Buffalo Wild Wings is going back to the basics, with two...
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Wall Street banks could make close to $700 million from the Bayer-Monsanto deal
It's finally official.After months of courting and increasing offers, chemical and agriculture giant Monsanto is being bought by Bayer for a staggering $66 billion, or $128 per share.The agreement on...
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MORGAN STANLEY: European credit is an 'upside-down world'
In a report “Making Sense of Negative Yields,” a Morgan Stanley report explains why institutional investors in Europe are purchasing bonds that pay the corporation rather than the investor AKA Negative...
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Here are the 6 tech companies most likely to be acquired next, according to...
There has been plenty to keep dealmakers busy in the technology sector so far this year.Microsoft is acquiring LinkedIn for $26 billion, and computer-security company Symantec is buying Blue Coat...
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Morgan Stanley just upgraded GM (GM)
Morgan Stanley has turned bullish on General Motors.Lead auto analyst Adam Jonas — better know for being a longtime Tesla bull — has upped GM stock to "overweight" and raised his target price to $37...
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Theresa May is asking Wall Street for advice on Brexit
The Prime Minister met with US banking executives in New York to ask their opinion on how Brexit should be structured, according to the Financial Times.The FT reports that Theresa May was due to meet...
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The firms that trade stocks for mom and pop have a $22 trillion opportunity
Retail brokers have a $22 trillion opportunity ahead of them.That's according to a note out of Morgan Stanley initiating coverage on Charles Schwab, E*Trade, Ameritrade, and LPL Financial.The brokerage...
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Amazon just made thousands of books free for its Prime members — here's a...
Amazon just launched Prime Reading, a new service that gives its Prime members free access to thousands of books and magazines, including the Harry Potter series and Sports Illustrated.The books are...
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MORGAN STANLEY: There's still a chance that Britain won't actually leave the EU
There is a small chance that the UK could still stay in the European Union, despite the country's vote to leave the bloc, according to new research from economists at Morgan Stanley.In a new note...
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MORGAN STANLEY ON BREXIT: 'The jobs that go may be somewhat significant'
LONDON, Oct 11 (Reuters) - Banks will have to start moving staff if Britain loses access to the European single market post-Brexit, Rob Rooney, CEO of Morgan Stanley international said on Tuesday."It...
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Snapchat has picked Morgan Stanley and Goldman Sachs to run its IPO
Snap Inc., the parent company of Snapchat, has chosen bankers for its initial public offering.Morgan Stanley and Goldman Sachs will lead the deal, while JPMorgan, Deutsche Bank, Allen & Co.,...
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Britain: The next big emerging market
Investors beginning to take the view that Britain is starting to look like an emerging market, following the Brexit vote and historic crash in the value of the pound.On Friday, notes from two banks,...
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Morgan Stanley beats, has record-breaking quarter for wealth management
Morgan Stanley on Wednesday reported third-quarter earnings that beat on the top and bottom lines.The firm reported diluted earnings per share of $0.81 on revenue of $8.91 billion.Analysts were...
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Morgan Stanley laid off a bunch of bond traders last year — now the business...
Morgan Stanley may finally be seeing a turnaround in a hugely significant — but recently disastrous — business.The firm just had its strongest quarter in fixed income sales and trading since the...
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MORGAN STANLEY: It is 'under appreciated' how devastating the world's ageing...
The global productivity slowdown is going to intensify in the coming years as the working age population across the world declines, and the number of people past retirement age continues to grow,...
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Amazon’s fast-growing apparel business should terrify Macy's and JC Penney...
New survey data from Morgan Stanley suggests Amazon's fashion business is quickly growing in popularity while eating into the market traditionally owned by big box retailers like Macy's and JC...
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MORGAN STANLEY CEO: 'There's nothing good about Brexit'
Morgan Stanley CEO James Gorman has a blunt assessment on Brexit.Speaking at the Bloomberg The Year Ahead conference, he said that for the financial sector, there's "nothing good" about the UK's...
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