Editor Brian Harrod Provides Comprehensive up-to-date news coverage, with aggregated news from sources all over the world from the Roundup Newswires Network
Morgan Stanley lifted its holdings in shares of iShares Short Treasury Bond ETF by 1.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,212,235 shares of the company's stock after buying an additional 13,884 shares during the period.
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Goldman Sachs and Morgan Stanley are among at least 16 brokerages that have raised their target prices for China Construction Bank this year. Bloomberg's Tom Mackenzie reports on "Bloomberg Markets." (Source: Bloomberg)
Martin Luther King speaks at a Charter Day ceremony at Howard University in Washington. King discussed his civil rights movement theme, "We shall overcome."
Wells Fargo & Co received a cease-and-desist order Friday from the Federal Reserve that will limit asset growth to $1.95 trillion pending compliance, board oversight and risk management improvements. The threat to net income prompted a number of Monday downgrades, with Morgan Stanley and JPMorgan assigning Underweight ratings and Citigroup and Keefe, Bruyette & Woods downgrading to Neutral or Market Perform.
Former Democratic Congressman Harold Ford Jr. will not be a contributor on MSNBC's "Morning Joe" program until allegations of misconduct against him are resolved. "Morning Joe" co-host Mika Brzezinski announced Friday that Ford and MSNBC agreed the frequent contributor would not appear until resolving recent accusations.
Ford, formerly of Memphis, was terminated for "conduct inconsistent with our values and in violation of our policies," according to a statement from the Wall Street bank. Morgan Stanely spokeswoman Margaret Draper would not say why he was fired, although HuffPost reported the company had investigated claims of harassment and intimidation.
The Dow Jones Industrial Average is looking to break a three-session losing streak Tuesday, rising 0.15% in the minutes following the opening bell. The S&P 500 was also looking to rebound from a down day of trading, rising 0.16%.
One year after storming into India's mobile phone market with free data and voice services, billionaire Mukesh Ambani's telecom unit is gaining momentum against its bigger rivals via a regulatory decision to lower interconnection fees. The reductions that begin Oct. 1 will probably bolster Reliance Jio Infocomm Ltd.'s earnings by 76 percent in the year ending March 2019, Morgan Stanley analysts Parag Gupta and Amruta Pabalkar estimate.
Maryland, Delaware and Louisiana on Monday joined a growing number of U.S. states that have refused to hand over voter data to a commission established by President Donald Trump to... ARLINGTON, Texas - Mike Napoli connected on the first pitch of the ninth inning for the game-tying home run, but the Boston Red Sox scored two on a bloop single in ... (more)
The stock market has trended upward since Election Day, stoked by optimism that President Donald Trump's agenda will translate into stronger corporate earnings. While Wall Street may be having some second thoughts lately, the Trump bump seems to be taking hold on Main Street in the form of stronger hiring by bullish small and midsize employers.
US investment bank Morgan Stanley said it expects Wall Street stocks to fall after Donald Trump's inauguration as president on 20 January after the strong rally since the Republican's election victory. Many analysts predicted doom and gloom in the event of Trump defeating Hillary Clinton, but the reality is that the Dow Jones Industrial average has shot up 9% and looks likely to break the 20,000 mark, while the S&P 500 is also up by around 6%.
One of the central tenets of the Federal Reserve and most central banks throughout the developed world in the modern era has been their ability to stay above the political fray. With a few notable - and fairly disastrous - exceptions, the Fed has acted without fear of political retribution from the executive branch, although the chair still has to testify to Congress and the president periodically.
Ford served five terms in Congress from 1997 to 2007 following the retirement of his father Harold Ford Sr., who had served the same district since 1983. He currently lives in New York and works for Morgan Stanley, but is a frequent guest on MSNBC's "Morning Joe," where he offers political commentary.
Executives at WPP Plc, Altice NV and Cap Gemini SA, gathered in Spain for an investor conference this week, voiced confidence that their businesses in the U.S. would profit under President-elect Donald Trump. Clients are more optimistic than they were right after the Nov. 8 election, said Paul Hermelin, chief executive officer of Cap Gemini, the French computer-services firm whose U.S. customers include General Electric Co.
'Scenes from the apocalypse': Filmmaker's shocking footage shows once-romantic Paris covered in filth and rubbish as African migrants are forced to live on the streets America prepares for massive cyber strike against Russia as Putin tells civilians to check bomb shelters and gas masks while deploying nuclear-capable missiles to NATO's doorstep NCIS agent is sentenced to 12 years in federal prison after he became a mole for Malaysian kingpin who in return gave him cash, prostitutes and luxury vacations Pictured: American aid worker kidnapped by gunmen who stormed his home in Niger and killed two before fleeing with him to Mali 'Let's grab the night by the pu**y!' Russell Crowe mocks Trump with BIZARRE opening remark while hosting American Cinematheque Awards Gala Trump slams the media for 'rigging the election' as he fears the 'made-up' sexual assault charges against eight women 'may ... (more)
At a rally this week in Pennsylvania, Donald Trump pulled what he said was this nugget from hacked excerpts of a speech that Hillary Clinton had given to Wall Street bankers. "The speeches also show that Crooked Hillary supports cutting Medicare and Social Security benefits, one more example of how Hillary Clinton's public position is a lie," Trump said of the remarks that were revealed in hacked emails of Clinton campaign officials that were published by WikiLeaks.
A Donald Trump supporter heckles House Speaker Paul Ryan as he speaks during the 1st Congressional District Republican Party of Wisconsin's annual Fall Fest in Elkhorn Saturday.
A final settlement in the upper scale will result in pressure on other banks to increase provisions for litigation expenses. The U.S Department of Justice's initial proposed settlement of $14bn for Deutsche Bank's Residential Mortgage Backed Securities misdeeds has sent shock waves through the market with DB's stock spiraling downwards.