Citadel has acquired Morgan Stanley's
options market-making unit, a move that puts the hedge fund squarely into the
market-making business. Analysts have given
Morgan Stanley and
JPMorgan some positive attention ahead of their respective earnings reports. Morgan Stanley's recent announcement of a
$1 dividend hike and
$20B buyback means increased returns for shareholders. The company's
first venture capital fund has surpassed its target, raising $280M. Meanwhile, the
Arizona State Retirement System has reduced its stock position in the company. The firm's Q2 projections are keenly monitored on Wall Street. A notable achievement is the launching of the company's
futures business in China. An 11-day win streak has seen MS's stock up by 10%; the company also closed its
Fourth Global Infrastructure Fund at $4.1 billion and announced a 7% yield on preferred shares. Additionally, Morgan Stanley has been highlighted as a top socially responsible stock with 2.6% yield.
Morgan Stanley also authorized a US$20 Billion buyback and raised dividends.
Morgan Stanley MS News Analytics from Mon, 16 Sep 2024 07:00:00 GMT to Sat, 12 Jul 2025 18:55:57 GMT -
Rating 7
- Innovation 3
- Information 8
- Rumor -3
