Morgan Stanley (MS) continues to make strides in the market with several notable activities. The bank has managed to surpass market returns and its preferred shares yield 7%. Various holdings in MS, such as those by IFM Investors Pty Ltd, Generali Investments CEE and Pacific Heights Asset Management LLC have been adjusted. MS has also gained the approval for a $20 Billion Share buyback and has increased its quarterly dividend. Furthermore, the bank has unveiled a $262 Million investment in student housing and has launched a futures company in China. E*TRADE, a company acquired by MS, has been recognized for its superior web trading platform. MS CEO is optimistic about the bank's pipeline strength and the company has announced the closure of its global infrastructure fund at $4.1 Billion. Their sustainable signals report adds another dimension to their innovative approach to banking. However, the bank is planning to lay off 2,000 employees. The report suggests MS could potentially beat earnings estimates again and concludes with a positive note, foreseeing improved outlook for TSMC's U.S. investment under new policy.
Morgan Stanley MS News Analytics from Thu, 17 Oct 2024 07:00:00 GMT to Sat, 05 Jul 2025 15:40:00 GMT -
Rating 7
- Innovation 6
- Information 8
- Rumor -5
