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Morgan Stanley Leaks Burn Blackstone, Oaktree

02:19pm, Tuesday, 16'th Jan 2024
Federal prosecutors in Manhattan and the SEC accused Morgan Stanley of betraying the trust of its clients by leaking non-public information and levied a $249 million penalty to end a multiyear probe
The Market is red across the board. The Investment Committee searches for opportunities and debates whether the bull case for stocks is still intact.
Stephanie Link, CIO at Hightower, joins CNBC's "Halftime Report" to share her latest bank trades.
Morgan Stanley's shares dropped the most in three months as its traders fell short of expectations and executives said lower wealth-management margins may stick around. Bloomberg's Sonali Basak report

Why Are Stocks Down Today?

12:13pm, Tuesday, 16'th Jan 2024
Stocks opened in the red to start the four-day trading week following a slew of mixed earnings reports. So why are stocks down today?
Pre-market futures are down slightly to start a new trading session in this holiday-shortened week. The Dow is currently down -140 points, the S&P 500 is -20 and the Nasdaq -70 points.
Morgan Stanley (MS) records a decline in net interest income and higher expenses in the fourth quarter of 2023.
Empire State Manufacturing's -43.7 is a major step down -- more than 3x lower than the previous month's -14.5.

2 Bank Stocks Moving Lower After Earnings

10:02am, Tuesday, 16'th Jan 2024
Bank earnings -- and earnings season in general -- kicked off on Friday and continued to start the holiday-shortened week.
Morgan Stanley (MS) came out with quarterly earnings of $1.13 per share, beating the Zacks Consensus Estimate of $1.05 per share. This compares to earnings of $1.31 per share a year ago.
Morgan Stanley (NYSE:MS) shares moved higher after the bank's fourth quarter revenue topped estimates driven by strength in its investment banking segment.  Shares of Morgan Stanley (NYSE:MS) had gai
Shares of Morgan Stanley MS, -0.89% climbed 1.3% in premarket trading Tuesday, after the bank and broker missed profit expectations because of special one-time charges, but beat revenue forecasts by a

Morgan Stanley Q4 profit tanks 32%

07:38am, Tuesday, 16'th Jan 2024
Morgan Stanley (NYSE: MS), on January 16th, reported a 32% annualised decline in its fourth-quarter profit related partially to weakness in institutional securities. Morgan Stanley beats revenue estim

Morgan Stanley profit falls on one-time charges

07:35am, Tuesday, 16'th Jan 2024
Morgan Stanley's fourth-quarter profit dropped, hurt by one-time charges tied to a Federal Deposit Insurance Corporation's special assessment.
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