Donate your car to the Montgomery County Students Automotive Trades Foundation . Your donation will assist over 400 high school students in Montgomery County learn how to evaluate, repair Car, and refurbish used vehicles. The college students run a “Mini Dealership” the place people can buy the refurbished cars. That’s […]
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Morgan Stanley Analysts Reiterate $245 Price Target, See Promising Future in Microsoft’s Gaming Business
On Thursday, Morgan Stanley analysts reiterated their Overweight rating on Microsoft (MSFT) with a $245 price target. The analysts see great upside for Microsoft ahead of new Xbox console launches and following the $7.5B acquisition of game developer and publisher Bethesda Softworks. The long-awaited release of the Xbox Series X/S […]
Morgan Stanley to buy Eaton Vance for $7 billion in investment-management push
By Niket Nishant, Matt Scuffham (Reuters) – Morgan Stanley has agreed to buy Eaton Vance Corp for about $7 billion in a cash-and-stock deal that can quickly expand its investment-management business and add more offerings for retail investors, the bank said on Thursday. FILE PHOTO: The corporate logo of financial […]
Morgan Stanley to buy Eaton Vance for $7 billion in asset management push
The headquarters of Morgan Stanley in New York. Shannon Stapleton | Reuters Morgan Stanley said on Thursday it would buy asset management firm Eaton Vance for about $7 billion in a cash-and-stock deal that advances Chief Executive James Gorman’s push to grow the bank’s investment management business. The deal will […]
Morgan Stanley’s Eaton Vance Acquisition Could Mean More Asset Management Mergers Are Coming
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Morgan Stanley CEO James Gorman has had a busy year, acquiring both E-Trade and Eaton Vance. ASSOCIATED PRESS Morgan Stanley MS has agreed to buy asset management firm Eaton Vance EV for some $7 billion, the latest in the push by CEO James Gorman to continue growing the firm’s investment […]
Morgan Stanley Deal for Eaton Vance Highlights Active Management Allure
While it doesn’t have immediate or direct implications for actively managed exchange traded funds, Morgan Stanley’s $7 billion acquisition of mutual fund manager Eaton Vance underscores the point that active management is still desirable on multiple fronts. Eaton Vance has some experience with actively managed exchange traded funds, previously listing […]
Morgan Stanley to Buy Eaton Vance for $7 Billion
Morgan Stanley MS 0.60% said it is buying fund manager Eaton Vance Corp. EV 48.14% for $7 billion, continuing the Wall Street firm’s shift toward safer businesses like money management. Its pivot mirrors a broader shift in power and profits on Wall Street. The trading profits of the 2000s are […]
AppLovin hires Morgan Stanley to lead IPO
A man plays a game on a smartphone. Brent Levin | Bloomberg | Getty Images AppLovin, the U.S. mobile app and gaming company backed by private equity firm KKR, has hired Morgan Stanley to lead preparations for an initial public offering (IPO) which could come early in 2021, according to […]
Capitolis expands senior team following investment from JP Morgan, Citi and State Street
New York-based foreign exchange novation platform provider Capitolis has expanded its senior management team with two new hires after JP Morgan, Citi, and State Street invested in the firm last month. Lindsey Baptiste has been appointed senior vice president of finance and Hen Lotan as chief of staff at Capitolis, […]
Morgan Stanley Closes Acquisition Of E*TRADE Financial – Quick Facts
(RTTNews) – Morgan Stanley (MS) said Friday it has completed the acquisition of financial services company E*TRADE Financial Corp. (ETFC) in an all-stock transaction. E*TRADE common stockholders are entitled to receive 1.0432 Morgan Stanley common shares for each E*TRADE common share. In February, Morgan Stanley said it agreed to acquire […]
Morgan Stanley Boosts Synchrony Financial (NYSE:SYF) Price Target to $21.00
Synchrony Financial (NYSE:SYF) had its price target lifted by Morgan Stanley from $20.00 to $21.00 in a research note issued to investors on Wednesday, Benzinga reports. The brokerage currently has an equal weight rating on the financial services provider’s stock. SYF has been the subject of a number of other […]
Top-Performing Morgan Stanley Fund Bets on India Bank Winners
(Bloomberg) — A top-outperforming Morgan Stanley fund is betting some private-sector lenders in India will emerge from the coronavirus pandemic stronger than others. © Bloomberg Branches of IDFC First Bank Ltd. and HDFC Bank Ltd. stand on a near-empty street in Mumbai, India, on Monday, May 4, 2020. India’s central […]
How These Morgan Stanley Partners Are Changing The Diversity Narrative In Wealth Management
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The recent re-ignition of racial tensions across the world has prompted companies to take a further dive into the deep-rooted legacies that have previously created uphill battles for Black people. In the world of wealth management, it has been well documented that the financial services industry is dominated by white […]
Investment Banking Market Views: Taking A Nimble Approach To 2020 | Morgan Stanley, JP Morgan, Credit Suisse, Barclays
(MENAFN – iCrowdNewsWire) Aug 19, 2020 Latest Market intelligence report released by HTF MI with title “COVID-19 Outbreak-Global Investment Banking Industry Market Report-Development Trends, Threats, Opportunities and Competitive Landscape in 2020” is designed covering micro level of analysis by manufacturers and key business segments. The COVID-19 Outbreak-Global Investment Banking Market […]
Piers Morgan tells Kim Kardashian to quit social media amid #StopHateForProfit
Piers Morgan continues his Kardashian crusade as he takes aim at Kim for her #StopHateForProfit social media freeze and urges her to ‘quit Instagram and Facebook permanently’ The Keeping Up With The Kardashians star, 39, is joining #StopHateForProfit, which will see her freeze her social media accounts to highlight the […]