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Lyft reportedly threatens to sue Morgan Stanley, accuses the bank of...
Lyft is considering pursuing litigation after it accused Morgan Stanley of supporting short-selling among investors ahead of the company's recent IPO, CNBC reported Saturday. The company reportedly...
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Saudi Aramco stuns with $100 billion demand for debut global bond
Saudi Aramco, Saudi Arabia's state-owned oil company, has received huge demand for its debut global bond with $100 billion in orders.Aramco announced plans for its debut global bond last week after...
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Aramco: Here's everything you need to know about the world's most profitable...
The world's most profitable company, Saudi Aramco, smashed expectations to secure a debut bond issue with lower yields than the Saudi government, which owns the company. That implies,...
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Microsoft is all in on an enterprise healthcare strategy (MSFT, MS)
This is an excerpt from a story delivered exclusively to Business Insider Intelligence Digital Health Briefing subscribers. To receive the full story plus other insights each morning, click here.Visit...
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Investors have pulled $16 billion from bank ETFs over the past year, but that...
Exchange-traded-fund data points to investors pulling money from the banking sector over much of the past year, according to an RBC analyst.The negative investor sentiment could turn positive if the...
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MORGAN STANLEY: This earnings season is the 'moment of truth' for stocks....
First-quarter earnings are about to gear up, and Morgan Stanley's chief US equity strategist is warning that the market is set for a "gut check."Michael Wilson says investors will be disappointed and...
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Morgan Stanley, Goldman Sachs, and all 27 other banks working on Uber's...
Morgan Stanley and Goldman Sachs won the top banking roles on the upcoming Uber IPO, which could reportedly raise up to $100 million for the ride-hailing company.Despite the competition between Uber...
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Citigroup is reevaluating its policy on testing job applicants for marijuana...
Citigroup is reevaluating its policy on testing job applicants for marijuana use as Wall Street banks weigh whether to work with the industry, a representative confirmed.Last week, the New York City...
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Bank of America's equities-trading profits cratered. Its explanation for why...
Bank of America's equities division saw first-quarter revenues fall 22% compared with last year. That's in part because of a monster trade the bank did in 2018 that boosted the unit's baseline.Insiders...
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Morgan Stanley beats profit estimates as wealth management and bond-trading...
Morgan Stanley reported first-quarter earnings Wednesday that beat analyst expectations on higher than expected revenue from trading and wealth management activities.Morgan Stanley posted $1.39 in...
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This top-ranked wealth manager for the ultrarich rarely trades stocks, even...
Brian Pfeifler of Morgan Stanley manages $11.9 billion for wealthy people. Last year, Forbes named him the No. 2 wealth adviser in the US.Pfeifler has a positive view on stocks but says he rarely makes...
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A new machine-learning tool used by Citadel and Balyasny to rank their...
Communications analytics company Behavox is rolling out Broker Vote, a machine-learning tool that ranks hedge funds' relationships with banks and brokers, at the end of May.The program tracks the...
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Traders are overestimating the lasting impact of corporate tax cuts — and...
Morgan Stanley chief US equity strategist Mike Wilson says capital spending is about to slow down, creating a big challenge for companies that make sell goods to other businesses. Wall Street experts...
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This acclaimed wealth manager doesn't see an imminent recession, but is...
Brian Pfeifler of Morgan Stanley Private Wealth Management has been one of the top ranked US wealth managers for years, and he says investors shouldn't be too fearful of recessions.He says downturns...
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Citadel has poached a top executive from Morgan Stanley in one of Wall...
Citadel has poached a top quant executive from Morgan Stanley.Glen Popick, formerly the global head of fixed-income strats at the investment bank, has left for the hedge-fund giant, according to people...
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2 of Wall Street's biggest firms are at odds over the stock market's next...
Equity strategists at Morgan Stanley and Bank of America Merrill Lynch have divergent outlooks for where US stocks go next. Their point of departure is about whether or not stocks, having regained new...
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The stock and bond markets show completely differing views on the US economy...
Bond investors are bearish, while equity investors are bullish. Morgan Stanley says "equity investors will be the ones that are disappointed."Morgan Stanley's Lisa Shalett says near record highs in...
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Uber has officially priced its IPO at $45 per share (UBER)
Uber priced its IPO at $45 per share, the company announced on Thursday.This gives Uber an initial market cap of $75.5 billion, far below the $120 billion banks reportedly sought for Uber at the start...
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MORGAN STANLEY: Trump's trade war is only part of the battle. Here are 4...
Mike Wilson, the chief US equity strategist and CIO at Morgan Stanley, says he's identified four major challenges for the stock market than go well beyond the worsening US-China trade war.Wilson...
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Uber wanted to IPO with a $120 billion valuation but ran into trouble when...
Uber wanted to go public with the $120 billion valuation pitched by bankers at Morgan Stanley and Goldman Sachs ahead of its initial public offering, but the company ultimately listed with a $75.5...
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