Stock Market & Financial Investment News

News Breaks May 23, 2012 06:03 EDT FB, MS Before float, Facebook advsied analysts to cut forecasts, Reuters reports According to people with direct knowledge of the situation, Facebook (FB) advised analysts for underwriters to cut earnings and revenue forecasts before the company's $16B IPO, Reuters reports. Facebook told analysts to reduce estimates after consulting with adviser Morgan Stanley (MS) and due to feedback during its investor roadshow which suggested users were opting for mobile devices, which generate less advertising revenue. Reference Link News For FB;MS From The Last 14 Days Check below for free stories on FB;MS the last two weeks. Sign up for a free trial to see the rest of the stories you've been missing. 1 | 2 | 3 | all recent news | >> May 21, 2013 07:13 EDT MS U.S. bank mergers less likely this year, Bloomberg reports Subscribe for More Information 07:12 EDT MS Credit Suisse now second largest Asia prime broker, Reuters reports The Asian prime brokerage unit of Credit Suisse (CS) replaced Morgan Stanley (MS) as the second largest firm servicing the region's $148B hedge funds industry, according to a survey by AsiaHedge. Goldman Sachs (GS) remains Asia's top prime broker with 179 clients and total assets under management of $24.6B, reports Reuters.Reference Link 06:10 EDT MS On the Fly: Periodicals Wrap-Up WALL STREET JOURNAL: JPMorgan Chase (JPM) plans to shake-up of its board even if every director wins re-election at today’s shareholder meeting and James Dimon keeps his dual job as chairman and CEO, the Wall Street Journal reports...Mutual-fund firms are joining activist investors in getting more aggressive over demands for change in how board members are paid at U.S. companies. Activist investors have been experimenting more frequently with incentive pay packages for the board members they nominate in proxy fights, the Wall Street Journal reports...REUTERS: Specialty chemicals producer Rockwood Holdings’s (ROC) pigments businesses have attracted offers from buyout firms including Blackstone Group (BX) and Advent International, sources say, Reuters reports...The Asian prime brokerage unit of Credit Suisse (CS) replaced Morgan Stanley (MS) as the second largest firm servicing the region's $148B hedge funds industry, according to a survey by AsiaHedge. Goldman Sachs (GS) remains Asia's top prime broker with 179 clients and total assets under management of $24.6B, Reuters reports...BLOOMBERG: Bank managers in the U.S. are less likely to engage in mergers and acquisitions this year as regulators heighten scrutiny on potential deals and sellers wait for higher valuations, according to a KPMG survey, Bloomberg reports...PIMCO’s Bill Gross says the bull market for bonds may have ended last month. But investors are staying put. Four years into the biggest rally in U.S. stocks since 2000, bond mutual funds are attracting more money than their equity counterparts, Bloomberg reports. May 20, 2013 10:52 EDT FB Facebook near session lows, levels to watch The stock is drifting lower today, nearing session lows at $25.73. At that price, next support is at $25.33, the 1-month low. Resistance is at $26.25. 08:15 EDT MS Morgan Stanley to sell Indian unit to Standard Chartered, Reuters reports Subscribe for More Information 07:00 EDT FB New Facebook projects probably won't bear fruit soon, AllThingsD says Subscribe for More Information May 19, 2013 17:10 EDT FB Facebook's Waze deal being held up by move from Israel, NY Post says Facebook’s negotiations to buy mapping firm Waze are being held up as founders of Waze, based in Israel, are holding out for more money, the NY Post says. Citing sources, the Post says that Waze founders want more money if they are going to be forced to move from Israel to Silicon Valley as part of the deal. Reference Link May 17, 2013 06:51 EDT FB Facebook volatility at low end of historic range Subscribe for More Information 06:36 EDT FB Google to add new apps to Google Glass, NY Times says Subscribe for More Information May 16, 2013 18:49 EDT MS Senior holders may face first CMBS losses since crisis, WSJ reports Subscribe for More Information 06:41 EDT MS Big banks to benefit from U.S. concession on derivatives, NY Times says Subscribe for More Information 05:59 EDT FB High tech firms involved in immigration battle, WSJ reports Subscribe for More Information 05:57 EDT FB Facebook implied volatility at lower end of index mean range Subscribe for More Information May 15, 2013 17:46 EDT FB SAC Capital gives quarterly update on stakes NEW STAKES: Discovery (DISCA), Liberty Global (LBTYA), Liberty Media (LMCA), Norwegian Cruise Line (NCLH), and Cubist (CBST). INCREASED STAKES: Suncor (SU), EQT Corporation (EQT), Amazon.com (AMZN), Visa (V), and GNC Holdings (GNC). DECREASED STAKES: News Corp. (NWSA), Facebook (FB), Sherwin-Williams (SHW), and Avago (AVGO). LIQUIDATED STAKES: Coach (COH), Dover (DOV), and Virgin Media (VMED), . 17:26 EDT MS Third Point gives quarterly update on stakes NEW STAKES: Virgin Media (VMED), Tiffany (TIF), B/E Aerospace (BEAV), Anadarko (APC), and Thermo Fisher (TMO). INCREASED STAKES: International Paper (IP), Abbvie (ABBV), TransDigm (TDG), Constellation Brands (STZ), and Dollar General (DG). DECREASED STAKES: Delphi (DLPH), Murphy Oil (MUR), AIG (AIG), LyondellBasell (LYB), and Liberty Global (LBTYA). LIQUIDATED STAKES: Tesoro (TSO), Morgan Stanley (MS), Symantec (SYMC), Herbalife (HLF), and Illumina (ILMN). 17:03 EDT MS Soros gives quarterly update on stakes NEW STAKES: MeadWestvaco (MWV), Brocade (BRCD), Red Hat (RHT), Liberty Global (LBTYK), and VMware (VMW). INCREASED STAKES: Google (GOOG), Liberty Global (LBTYA), EQT Corp (EQT), Charter (CHTR), and US Airways (LCC). DECREASED STAKES: Citigroup (C), AIG (AIG), Apple (AAPL), Invesco (IVZ), and Motorola Solutions (MSI). LIQUIDATED STAKES: JPMorgan (JPM), General Electric (GE), CF Industries (CF), Morgan Stanley (MS), and Capital One (COF). 12:12 EDT MS Morgan Stanley price target raised to $36 from $30 at CLSA Subscribe for More Information 05:59 EDT FB Corporate boards recruit newcomers with digital knowledge, WSJ reports Subscribe for More Information May 14, 2013 17:48 EDT FB Lone Pine gives quarterly update on stakes NEW STAKES: Valeant Pharmaceuticals (VRX), Virgin Media (VMED), Thermo Fisher Scientific (TMO), CME Group (CME), and Liberty Media (LMCA). INCREASED STAKES: Mead Johnson Nutrition (MJN), News Corp (NWSA), Intuitive Surgical (ISRG), Monsanto (MON), and Qualcomm (QCOM). DECREASED STAKES: Cognizant Technology Solutions (CTSH), Equinix (EQIX), Ralph Lauren (RL), Disney (DIS), and Oceaneering International (OII). LIQUIDATED STAKES: Facebook (FB), Crown Castle (CCI), Accretive Health (AH), Informatica (INFA), and NetEase (NTES). 14:44 EDT MS Morgan Stanley hits close to multi-year highs, levels to watch Subscribe for More Information 1 | 2 | 3 | all recent news | >> Sign up for a free trial to see the rest of the stories you've been missing.