Morgan Stanley is kicking off the new year with the creation of a new division—Integrated Firm Management—and put company veteran Mandell Crawley in charge. Crawley was most recently the head of human resources.
Key Takeaways A TikTok ban could go into effect in the U.S. on Sunday, leaving other companies to compete for its users’ attention and almost $10 billion in ad revenue.Meta could be the biggest winner given its large user base said analysts at Morgan Stanley.
The CEO also said he is ‘bullish’ on the potential for stock sales, including initial public offerings in 2025.
Shares of Morgan Stanley gained in early trading Thursday, after the bank and broker beat both profit and revenue expectations for the latest quarter, fueled by strength in the equity and bond trading businesses.
Morgan Stanley turned in $3.7 billion of profit in the fourth quarter, up 147% from a year earlier and exceeding analysts’ estimates of $2.7 billion. The New York-based investment bank posted per-share earnings of $2.
The investment banking giant has been the subject of regulatory probes regarding the way it vets prospective clients. So far, that's not driving away potential clients, executives say.
Morgan Stanley reported robust earnings surpassing market expectations, powered by significant gains in revenue and income.
Profits at Bank of America (BAC) and Morgan Stanley (MS) more than doubled in the fourth quarter, signaling a strong 2024 for Big Banks. Stephen Biggar, director of financial services research at Argus Research,
Tesla (TSLA) investors haven't had much to cheer about over the past month or so, as shares of the Elon Musk-led electric vehicle (EV) company have fallen since touching a new high of $483.99 on
While Jeff Bezos has spent $14 billion to achieve his first space launch, his billionaire rival has built a thriving business, mostly with other people’s money.
Jamf Holding Corp (JAMF) stock saw a modest uptick, ending the day at $14.4 which represents a slight increase of $0.24 or 1.69% from the prior close of $14.16. The stock opened at $14.45 and touched a low of $14.