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Stock Market & Financial Investment News

News Breaks
August 15, 2014
06:48 EDTMSMorgan Stanley settles overtime pay suit with $4.2M, Reuters says
Morgan Stanley and sales assistants in the firm's wealth management division system who alleged that they were owed overtime compensation finally agreed to settle the matter with $4.2M, according to Reuters, citing comments from a company spokeswoman in an e-mail. The spokeswoman said, “Morgan Stanley maintains robust policies to ensure that non-exempt employees are paid for all time worked. However, with this settlement we will put an end to protracted and expensive litigation that is a distraction from our business.” Reference Link
News For MS From The Last 14 Days
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August 27, 2015
06:46 EDTMSFed ups scrutiny of U.S. bank payment systems, WSJ reports
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06:34 EDTMSBanks, investors may suffer from margin calls, WSJ reports
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August 25, 2015
09:31 EDTMSMorgan Stanley upgraded to Buy from Neutral at Buckingham
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August 24, 2015
16:07 EDTMSMonogram Residential Trust CFO Garfield to leave role, Swanstrom appointed CFO
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August 21, 2015
08:40 EDTMSCanadian Security Traders Association to hold a conference
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August 20, 2015
06:10 EDTMSWeather Channel said to hire banks to explore sale, Bloomberg reports
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06:07 EDTMSSamsung Bioepis picks Citi, Goldman as lead managers for IPO, Reuters says
Samsung Bioepis has selected Citigroup (C) and Goldman Sachs (GS) as the lead managers for its planned listening on Nasdaq next year, a source tells Reuters. Morgan Stanley (MS) and Credit Suisse (CS) will also take part in the listing for Samsung's (SSNLF) biosimilar drug development arm, the source says. Reference Link
August 19, 2015
14:42 EDTMSBanks cooperate on data company to lower costs, WSJ says
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