Page 8 - Morgan Stanley

Asian stocks drop after 6-day winning streak; Chinese shares decline

A gauge of US-listed Chinese companies slipped Thursday amid declines for Baidu Inc, Yum China Holdings Inc. and Alibaba Group Holding Ltd

Morgan Stanley's Dec quarter profit hit by charges, revenue beats estimates

Morgan Stanley's net income fell to $1.5 billion, or 85 cents per diluted share, in the three months ended Dec. 31, compared with $2.2 billion, or $1.26 per diluted share, a year earlier

Adobe signals slow growth in generative AI tech, disappoints investors

In the fiscal fourth quarter, sales increased 12% to $5.05 billion. Profit, excluding some items, was $4.27 a share

The salience of constancy

Diving into the paradox of constant change and our innate desire for certainty, Morgan Housel's Same as Ever offers timeless wisdom to negotiate the unpredictable currents of life

Disney names Morgan Stanley's Gorman to board ahead of expected fight

Earlier this month, ValueAct Capital Management became the second activist investor to amass a stake in Disney

S&P Global, Morgan Stanley peg India's GDP growth at 6.4% in 2024

Those at Goldman Sachs, on the other hand, see the Indian economy growing a tad lower at 6.3 per cent in the year ahead.

India Inc net profit share in GDP now just shy of 5% after robust Q2

Morgan Stanley believes that strong earnings growth relative to GDP growth is one of the five key drivers underpinning "India's structural bull market"

Sensex at 86,000; Nifty at 21,800: How foreign brokerages see mkts in 2024

The upcoming general elections in April/May 2024 are expected to add volatility to the Indian markets, keeping investors on their toes

Morgan Stanley sets benchmark Sensex target of 74,000 by December 2024

This implies an upside of 12% from current levels

India's weightage climbs to highest level on MSCI Global Standard index

This marks "a significant increase over the past three years, almost doubling its weight," Nuvama Alternative & Quantitative Research said in a note

MSCI Global Index rejig: IndusInd Bank, Tata Motors, Suzlon get added

The changes in MSCI Global Standard Indexes' constituents will be effective at the close of November 30 trading day

Elections to disrupt India stocks calm in 2024, says Morgan Stanley

"A potential change in government could lead to changes in the direction of policy reform and execution leading to poor investment sentiment," Morgan Stanley said

Samvat 2079: Mid, Small-cap indices set to post 2nd best show in 9 years

As many as 497, or half of 1050 stocks, from the midcap and smallcap index have outperformed the all benchmark indices and appreciated over 35 per cent during Samvat 2079

Tata Tech in talks with Morgan Stanley, US funds for IPO investment: Report

"Big investors are quite excited by the Tata brand, and a profitable company with scale ... that's driving demand," the first source said

Morgan Stanley's wealth business under US Fed's scrutiny over lapses

The bank's top regulator has been pressing the New York-based firm to improve its processes and controls to prevent wealthy international clients from laundering money

Bajaj Finance sets base price for Rs 8,800-crore QIP at Rs 7,250 per share

The NII for the reported quarter improved by 26 per cent to Rs 8,845 crore from Rs 7,002 crore in the same period a year ago

Oil at $110 could prompt RBI to hike interest rate again: Morgan Stanley

As the world's third-biggest consumer of oil, India is one of the most exposed economies in Asia to rising crude prices

BS BFSI Summit: From Ridham Desai to Andrew Holland, here're market experts

Ridham Desai, Raamdeo Agrawal, Prashant Jain, and Andrew Holland: Meet the market experts of BS BFSI Summit 2023

JP Morgan upgrades India to 'overweight' from 'neutral' ahead of elections

Joins Morgan Stanley, CLSA, Nomura on hiking India exposure

Morgan Stanley names banking veteran Ted Pick as investment bank's next CEO

Banking veteran Ted Pick will become the next CEO of Morgan Stanley. Pick will succeed long-time CEO James Gorman effective Jan. 1. And Gorman, who announced his plans to step down in May, will remain at the bank as executive chairman of the board. Pick has served as co-president of Morgan Stanley for the past two years. He first joined the investment bank back in 1990, and held several titles throughout his tenure including managing director, head of equity capital markets and global head of sales and trading. In a prepared statement, Pick said Wednesday that he was deeply honored to head the storied institution and was excited for future growth. He also credited Gorman's leadership for making Morgan Stanley well-positioned to succeed across market cycles. Gorman, who first joined the New York bank as chief operating officer of its Global Wealth Management Group in 2006, became CEO in 2010 in the wake of the financial crisis, when the investment bank came dangerously close to ..