The Great Wine Shortage May Not Be As Bad As You Think
Last week, Morgan Stanley predicted a massive crunch in wine supply, as production levels fell to their lowest in 40 years and demand from the US and China rose.However, the report has been dismissed...
View ArticleThe Structure Of The Oil Market Hasn't Looked This Weak Since 2010
Falling pump prices are helping boost the U.S. economy to the tune of a 130 basis point jump in personal consumption expenditures. As we always emphasize, that has less to do with the Great American...
View ArticleMorgan Stanley Wealth Manager Accused Of Secretly Taping Sex With 3 Different...
A Morgan Stanley private wealth manager is being accused of secretly filming three different women he was having sex with, The New York Daily News reports.John C. Kelly, a graduate of prestigious...
View ArticlePRESENTING: Morgan Stanley's 10 Big Macro Investment Ideas For 2014
Morgan Stanley's Global Strategy team is out with its 2014 outlook titled: Fertile Soils, Rising Divergences.In it, Morgan Stanley says that they generally favor stocks over bonds, but that we're now...
View ArticleHere Are Two Tailwinds For The US Labor Market
As market analysts dish their 2014 forecasts, the consensus seems to be that next year will be a significant turning point for the economy.Major "shocks" to the economy — fiscal ones from Washington...
View ArticleMORGAN STANLEY: The US Economy Is 'Ready For Launch'
"From our view at 30,000 feet, it does appear that the pieces are falling in place for stronger business investment in 2014," Morgan Stanley's Ellen Zentner and John Abraham write in a new 11-page note...
View ArticleMORGAN STANLEY: The World Will Go Through 5 Big Transitions This Year
From the U.S. to Europe to China and emerging markets, 2014 will prove a year of "tricky transitions," Morgan Stanley's Joachim Fels in a new free newsletter."Looking at the broader picture, 2014 will...
View ArticleMorgan Stanley Profits Took A Nose Dive Last Quarter
Morgan Stanley just reported a noisy earnings beat for Q4 2013 with earnings per share of $0.50 ex tax benefits and one-time legal reserve expenses of about $1.2 billion.Analysts expected an earnings...
View ArticleMorgan Stanley Beat Arch Nemesis Goldman Sachs On The Metric That Means...
Now that all of the major U.S. banks have reported, it's time to highlight a tiny little metric that means everything to bankers — compensation.Specifically, we'd like to point out a little change in...
View ArticleEx-Wealth Manager Allegedly Said It Was An Accident When He Taped Sex With 3...
A former wealth manager for Morgan Stanley allegedly told prosecutors it was an accident when he recorded sex with three different women, the New York Daily News reports.The acts were caught on tape by...
View ArticleREPORT: Morgan Stanley Is Rounding Up Investors For A $2 Billion Bailout Of...
The New York Times' Michael Corkery reports Morgan Stanley is passing the till around to private equity firms and hedge funds to raise $2 billion to bailout debt-riddled Puerto Rico.The island nation...
View ArticleMORGAN STANLEY: 'This Is About As Good As It Gets'
We've seen some noisy, wobbly econ data in the past few months, but on balance it's been mostly positive.While December's jobs report was shockingly weak, exports continue to surge, while imports...
View ArticlePower Brokers Think This Morgan Stanley Exec May Be 'The Most Eligible Banker...
NEW YORK (Reuters) - Wall Street power brokers are betting that Greg Fleming will be chief executive of a major U.S. company one day, but no one is quite sure of which one or when.Fleming, the head of...
View ArticleThe Bankers That Worked On The Facebook-WhatsApp Deal Could Make More Than...
The two investment banks that worked on the $19 billion Facebook acquisition of popular messenger app WhatsApp could make more than $80 million in advisory fees, according to preliminary...
View ArticleReport: Square IPO 'Unlikely' In 2014
Square, the mobile payments startup known for its iconic credit card readers for phones and tablets, will not hold an initial public offering this year.Earlier this week, The Information's Jessica...
View ArticleSEC Alleges Insider Trading Scheme That Involved Swallowing Post-it Notes
A stockbroker and a clerk from a top corporate law firm were charged with insider trading in a scheme that involved a middleman swallowing illicit tips that were written on Post-it notes, the...
View ArticleMorgan Stanley's Ruth Porat: The Lack Of Women Leaders Is 'An Embarrassment'
NEW YORK (Reuters) - Morgan Stanley <MS.N> Chief Financial Officer Ruth Porat on Wednesday called on government and corporate leaders to encourage the promotion of women into senior business...
View ArticleMorgan Stanley Earnings And Revenue Beats Expectations (MS)
Investment bank Morgan Stanley had a nice beat for its first quarter earnings results. The bank reported adjusted EPS of 68 cents versus analysts estimates of 60 cents. Revenue came in at $8.80 versus...
View ArticleMorgan Stanley Made Every Bank On Wall Street Jealous This Morning (MS)
There are two market-wide trends plaguing the big banks on Wall Street: one, declining mortgage activity, and, two, tumbling fixed-income trading activity.But Morgan Stanley bucked that latter trend by...
View ArticleThe Number That Has Goldman Sachs Worried About High Frequency Trading
There's only one bank that's come out publicly against high frequency trading, and that's Goldman Sachs.It's not an easy thing to do. Banks work with high frequency trading firms to execute orders,...
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