Morgan Stanley closed 0.36% below its 52-week high of $139.04, which the company reached on January 24th.
Michael Grimes, a technology banker with Morgan Stanley , is in talks to leave the bank for a position in U.S. President Donald Trump's administration, the Wall Street Journal reported on Wednesday, citing people familiar with the discussions.
"That's where we believe the alpha generation will come this year," Morgan Stanley's Katy Huberty says.
Intellia Therapeutics Inc (NTLA) stock saw a decline, ending the day at $10.01 which represents a decrease of $-0.54 or -5.12% from the prior close of $10.55. The stock opened at $10.64 and touched a low of $9.
The CEO also said he is ‘bullish’ on the potential for stock sales, including initial public offerings in 2025.
The team of three advisors have started a firm called T6 Wealth Management, which will operate out of Morgan Stanley's new offices in Midtown Manhattan.
Ecolab (ECL) upgraded to Overweight by Morgan Stanley, poised for increased profitability as sales volume grows.
Here are Morgan Stanley’s top consumer services stocks. These are S&P 1500 ( NYSEARCA: SPTM) stocks in the media ( SOCL ), ( GGME ), ( XHYT ), entertainment ( ODDS ), consumer services, and transportation ( XTN ), ( IYT ), ( FTXR) sectors that are rated “overweight.”
Investment bank Morgan Stanley has raised its rating on French luxury goods giant LVMH to 'overweight' from 'equal weight'. "While LVMH should face a number of challenges in 2025, the Group's prospects have materially improved in recent weeks,
On Tuesday, Kinder Morgan Inc (KMI) stock saw a modest uptick, ending the day at $27.46 which represents no change from the prior close of of $27.46. The stock opened at $27.55 and touched a low of $26.95 during the day, reaching a high of $27.6. The volume of shares traded was 23.93 million exceeding the average volume of 13.99 million.
Morgan Stanley’s traders beat analysts’ estimates in the fourth quarter, joining their other Wall Street rivals in reporting a strong end to the year on volatility tied to the US elections and economic data in the final months of 2024.
Morgan Stanley, on Monday, forecast UK's economic growth would be less than 1% this year, echoing the estimate of its Wall Street peers Goldman Sachs and J.P.Morgan, citing a slowdown in Britain's economy and signs of labour market weakness.