morgan stanley

Morgan Stanley Shares Surged After Better-than-Expected Results

Morgan Stanley Shares Surged After Better-than-Expected Results

On Wednesday, Morgan Stanley (NYSE: MS) reported its financial results for the second quarter of fiscal 2018. With both earnings and revenue surpassing estimates, shares of the company surged 3.3% in premarket trading today.According to the company,..

Xiaomi Sets Terms for $6.1 Billion Hong Kong IPO

Xiaomi Sets Terms for $6.1 Billion Hong Kong IPO

Xiaomi has set initial tentative terms for the world’s biggest initial public offering with potential to raise up to $6.1 billion in Hong Kong. The Chinese smartphone maker plan to offer 2.18 billion shares at HK$17 to HK$22 each, with talks w..

Morgan Stanley Predicts Bull Market End

Morgan Stanley Predicts Bull Market End

It is Morgan Stanley (NYSE: MS) prediction that stocks may rally for one more time during summer 2018 prior to hitting an all-time high in the latter months. The company cited a number of positives which are fast degenerating into negatives. Inflati..

Tesla Bull Analyst sees Amazon as new Competitor in Transportation Market

Tesla Bull Analyst sees Amazon as new Competitor in Transportation Market

Morgan Stanley (NYSE: MS) analyst Adam Jones, a longtime Tesla Inc. (NASDAQ: TSLA) bull analyst, has now shifted his position for the electric vehicle manufacturer due to an uncontrollable and unlikely threat: Amazon.com Inc. (NASDAQ: AMZN), ac..

American International Group Expects Losses After Natural Disasters

American International Group Expects Losses After Natural Disasters

According to Reuters, American International Group Inc. (NYSE: AIG) announced that it expects to book pre-tax losses of about $3 billion in the third quarter related to natural disasters, hurricanes Harvey, Maria and Irma. American International Gro..