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Morgan Stanley sees Petrobras scandal write-offs of up to $8.1 billion
2014-11-19 20:44:43| Oil & Gas - Topix.net
Petroleo Brasileiro SA could slash the value of its assets by as much as 21 billion reais and cut dividends as a result of an ongoing investigation into alleged graft and money-laundering at Brazil's state-controlled oil producer, analysts at Morgan Stanley & Co said in a client note. ), as the company is known, under review and was reassessing earnings estimates as a consequence of the scandal.
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IkeGPS shares jump on Stanley Black & Decker deal
2014-11-18 19:50:50| Appliances - Topix.net
Shares of IkeGPS climbed 11 percent after the remote measuring device developer signed a manufacturing and distribution deal with Stanley Black & Decker which will help it meet its prospectus sales forecast. The deal underpins at least $1.47 million of original equipment sales for the 2016 financial year as set out in its June prospectus, chief executive Glenn Milnes told BusinessDesk.
Morgan Stanley Begins Coverage on Advance Auto Parts
2014-11-17 17:12:29| Auto Parts - Topix.net
The firm set an "overweight" rating and a $170.00 price target on the stock. Morgan Stanley's price target would suggest a potential upside of 17.40% from the company's current price.
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Stanley C. Zgurski
2014-11-16 07:00:15| Steel - Topix.net
Born on December 5, 1946, in Steubenville, Ohio, Stush was the son of the late Stanley and Betty Smith Zgurski Jr. A 1964 graduate of Weirton Madonna High School, Stush retired from Weirton Steel after 33 years of service.
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Morgan Stanley: Hasbro-DreamWorks Deal Offers Synergies
2014-11-15 01:45:23| Toys - Topix.net
DreamWorks Animation Skg Inc acquisition by Hasbro, Inc. would offer both revenue and cost synergies, an analyst said Thursday. Reports of negotiations that could lead to a deal were carried Thursday by several news agencies although the rumor is unconfirmed by the companies.
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