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Morgan Stanley reports $1.7bn profit

2015-07-20 14:36:35| BBC News | Business | UK Edition

US investment bank Morgan Stanley reports a better-than-expected second-quarter profit thanks to a strong performance by its wealth management division.

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Morgan Stanley Handily Beats Profit Outlook

2015-07-20 14:11:58| IT Services - Topix.net

Morgan Stanley said on Monday that second-quarter profit was $1.81 billion as the company managed through an environment of brisk deal-making and volatile markets. The New York-based bank reported a profit of $0.85 per share.

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Micron Falls: DRAM Prices Weak, Says Morgan Stanley, Apple's iPhone Notwithstanding

2015-06-15 17:14:56| Semiconductors - Topix.net

Shares of DRAM and NAND maker Micron Technology are down $1.11, or 4.4%, at $24.02, after Morgan Stanley's Joseph Moore cut his rating on the shares to Underweight from Equal Weight, and cut his price target to $21 from $30, writing that a build-up in DRAM memory chips and a ratcheting-back of DRAM use in mobile devices means pricing and volume will be weak. Pricing of DRAM, based on his "checks" with entities in Taiwan, is weak in PC, servers , and in graphics applications, writes Moore: Everyone we talked to believed that PC, server, and graphics pricing will remain under pressure in 3q, and several believed it will remain pressured all year, while others were more optimistic about a seasonal recovery in 4q.

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Morgan Stanley Reiterates Equal Weight Rating for Heartland Express

2015-06-08 20:00:07| Trucking - Topix.net

's stock had its "equal weight" rating reaffirmed by equities researchers at Morgan Stanley in a research report issued on Monday. They currently have a $17.00 price target on the stock.

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Morgan Stanley bullish on Valero Energy Partners

2015-05-30 01:08:43| Energy - Topix.net

More Wall Street analysts are taking notice of Valero Energy Partners' stock. Morgan Stanley initiated coverage of the company in a research note on the company, Dakota Financial News reported .

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