October 17, 2019
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Morgan Stanley (NYSE:MS) likely to get regulatory approval for owning majority stake in Chinese securities joint venture

by on June 28, 2019 0
Morgan Stanley (NYSE:MS) is likely to get regulatory approval for owning a majority stake in its Chinese securities joint venture in the second half of this year, people with direct knowledge of the matter told Reuters. The U.S. investment bank’s joint venture informed the China Securities Regulatory Commission (CSRC) a couple of months ago... Read More

Citigroup Inc. (NYSE:C) seeing increased demand from Nigerian companies planning to raise cash in international capital markets

by on June 27, 2019 0
Citigroup Inc. (NYSE:C) is seeing increased demand from Nigerian companies planning to raise cash in international capital markets to expand amid renewed investor interest in West Africa. “The major concern for most corporates as well as potential investors last year was the elections and the possible implications for policy direction, especially from an exchange-rate... Read More

Analysts Rating Alert: ConocoPhillips (NYSE:COP), AK Steel Holding Corporation (NYSE:AKS), Morgan Stanley (NYSE:MS)

by on June 27, 2019 0
Shares of ConocoPhillips (NYSE:COP) shot up in afternoon trading Wednesday, after Mizuho analyst Paul Sankey turned bullish oil and natural gas exploration company, citing a favorable “cash return message.” Sankey raised his rating to buy and has an $80 stock price target, which implies a 27% rally from current levels. ConocoPhillips (NYSE:COP) shares edged up... Read More

Former Morgan Stanley (NYSE:MS) deal maker won bonuses worth more than 1.4 million euros

by on June 25, 2019 0
Former Morgan Stanley (NYSE:MS) deal maker Bernard Mourad won bonuses worth more than 1.4 million euros ($1.6 million) after a Paris court ruled that the American bank improperly withheld deferred pay when he quit in 2015 to join up with telecoms mogul Patrick Drahi. A judge at the Paris employment tribunal ruled Monday that Morgan Stanley owes Mourad nearly... Read More

$165 billion Profit Industry of US Tobacco Companies’ Could Hit by FDA Revised “Maximum Nicotine” Policy; Morgan Stanley

by on June 18, 2019 0
The tobacco companies of US would be suffering if the FDA enacts a “maximum nicotine” policy, the approximately $165 billion profit industry of US, according to analysts at Morgan Stanley.  The rating agency Morgan Stanley downgraded the shares of British American Tobacco PLC (NYSE:BTI) to underweight, while retaining an underweight rating on Altria and... Read More