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Stock Market & Financial Investment News

News Breaks
August 6, 2014
06:25 EDTMSMorgan Stanley says added $53M to legal costs in Q2, cutting EPS by 2c
Subsequent to the release of the company’s earnings on July 17, legal accruals were increased, which increased other expenses within the Institutional Securities business segment in the quarter and six months ended June 30, 2014 by $53M related to agreements in principle to settle certain mortgage­ related matters. This decreased diluted EPS and diluted EPS from continuing operations by 2c in the quarter and six months ended June 30, the company said in a filing. The settlements were considered to be recognizable subsequent events requiring adjustment to the June 30 condensed consolidated financial statements under U.S. GAAP.
News For MS From The Last 14 Days
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November 24, 2014
07:01 EDTMSFed could further restrict banks' commodities businesses, NY Times says
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06:12 EDTMSMorgan Stanley implied volatility of 18 at lower end of index mean range
November 21, 2014
07:41 EDTMSGoldman, Morgan Stanley, JPMorgan grilled on commodities, WSJ says
Sen. Carl Levin, the retiring chairman of the Senate Permanent Subcommittee on Investigations, accused Goldman Sachs (GS) of manipulating aluminum markets and also said JPMorgan Chase (JPM) and Morgan Stanley (MS) obscured their investments in metals or natural gas from regulators as representatives of the banks took part in a hearing that is part of a larger probe into their dealings in commodities markets, reported The Wall Street Journal. Reference Link
07:24 EDTMSBB&T CEO says 'banks lending recklessly' again, Reuters reports
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November 19, 2014
13:05 EDTMSMorgan Stanley files automatic mixed securities shelf
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12:38 EDTMSSenate Homeland Security & Government Affairs Committee to hold a hearing
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November 18, 2014
09:02 EDTMSMorgan Stanley Wealth Management forms Global Sports & Entertainment unit
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November 12, 2014
10:46 EDTMSMorgan Stanley's Kelleher says Europe needs viable securitization framework
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10:37 EDTMSMorgan Stanley's Kelleher says firm is negative on Europe for growth
The company's President, Institutional securities Colm Kelleher is speaking at the BofA Financial Services Conference.
07:28 EDTMSBofA/Merrill to hold a conference
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