Page 22 - Morgan Stanley

Coronavirus fear: Morgan Stanley lowers price target for EMs, Asian markets

Morgan Stanley has lowered the year-end price target for the MSCI EM index from 1,150 to 1,100

Morgan Stanley, Jefferies turn cautious on EMs amid coronavirus fears

Chris Wood believes the best way of hedging long equity exposure is to remain long Eurodollar futures which are now discounting one 25 basis point (bps cut) this year

E*Trade Financial deal: Morgan Stanley fuels banking takeover buzz

Wealth managers and robo-advisers are also appealing targets because of their relatively stable revenue

Morgan Stanley to acquire online trading pioneer E*Trade for $13 bn

It would be the largest acquisition by an American bank since the 2008 global financial crisis, and comes as online brokers are competing fiercely for new customers

From Morgan Stanley to Motilal Oswal, brokerages disappointed with Budget

Despite a slowing economy, the budget does not envisage any major stimulus through the budgeted fiscal deficit figures, said Goldman Sachs.

Top Headlines: Manufacturing PMI at 8-yr high; India's 3rd coronavirus case

The government on Monday said the Non Performing Assets (NPAs) of Public Sector Banks (PSBs) stood at Rs 7.27 trillion as on September 30, 2019

Maruti only Indian firm to find place in Morgan Stanley arm's top-20 stocks

The firm believes the stock is better value for money than others and has a upside as high as 73 per cent

Banks set for biggest job cull since 2015; Morgan Stanley lets go 1,500

This year, more than 50 lenders have announced plans to cut a combined 77,780 jobs, the most since 91,448 in 2015

Top headlines: Rs 4,360 cr capital boost for IoB; good news for pensioners

The labour ministry will enforce the retirement fund body EPFO's decision to restore pension commutation, or advance part-withdrawal, under the Employees' Pension Scheme from January 1, 2020

Embassy group REIT picks Kotak Mahindra, Morgan Stanley for fundraising

The trust selected the banks as advisers, said the people, who asked not to be identified as the discussions are private

MSCI India's weight to rise by 70 bps in May 2020 review: Morgan Stanley

FPI limit hike will be implemented from April 1, 2020

Morgan Stanley sacks 1,500 globally, including MDs, in year-end job cuts

The strategy has largely paid off, with Morgan Stanley gaining market share even while it reduced headcount and capital dedicated to the business

RIL's post-tax ROCE could rise by 11% in two years: Morgan Stanley

Reliance Jio, the telecom arm of RIL, last week raised tariff by up to 39 per cent following hikes effected by other service providers.

Morgan Stanley fined $22 million for French bond market rigging

The bank manipulated the prices of 14 French government bonds and 8 Belgian bonds in June 2015

ICICI Bank stock at 52-week high; may double price in 2 yrs: Morgan Stanley

ICICI Bank last month had reported a 27.94 per cent decline in its standalone net profit for the second quarter of 2019-20

Analysts see more headroom for quality real estate stocks

At the bourses, most real estate stocks have given a healthy return in CY19. Godrej Properties, for instance, has rallied 37 per cent.

Top headlines: RBI constitutes panel for DHFL, more curbs on H1-B likely

Here are top headlines of the day

India's banking sector at a turning point, thanks to the SC: Morgan Stanley

SC ruling last week not only paved the way for ArcelorMittal's purchase of Essar Steel India Ltd., but also allowed banks to set the terms of the distribution of sale proceeds among creditors

Morgan Stanley pegs 2020 global growth at 3.2%; EMs to outperform

Uncertainties relating to trade wars, macro data from the United States (US) and reduced scope of monetary policy, however, are the three key risks it cites to its projections

EM equities to outperform global peers in the next decade: Morgan Stanley

Analysts at Jefferies, however, have a contrasting view and suggest EM debt to be a better bet than equities as things stand