Morgan Stanley Stock News

Morgan Stanley (MS) stock climbs 2.7% after Q4 earnings beat estimates and the bank boosts its target for return on tangible common equity to over 20%."The increase in the firms long

Morgan Stanley reported fourth-quarter profit of 9%, beating market expectations and outperforming rivals as its focus on advising wealth clients bore fruit, sending its shares up as much as 3.7% on Wednesday.

Investment bank Morgan Stanley says its fourth-quarter profits rose 9% from a year ago, helped by a big jump in fee revenue from its growing asset and wealth management business

BAC, MS and PG all rose in pre-market trading on earnings news. SOFI jumped on regulatory approval to become a bank. ADS slipped on the loss of a major client.

Morgan Stanley (MS) stock rises 1.1% in premarket trading after Q4 earnings beat consensus as asset management revenue climbed both Q/Q and Y/Y, buoyed by its 2020 acquisitions of

Dow Jones futures signaled gains Wednesday. UnitedHealth Group, Bank of America and Morgan Stanley were key earnings movers.

Morgan Stanley shares rose 2.3% in premarket trade Wednesday, after the bank beat profit estimates for the fourth quarter amid strong performances at its investment banking and wealth management divisions. Morgan Stanley posted net income of $3.7 billion, or $2.01 a share, for the quarter, up from $3.4 billion, or $1.81 a share, in the year-earlier period. Revenue rose to $14.524 billion from $13.597 billion a year ago. The FactSet consensus was for EPS of $1.94 and revenue of $14.558 billion. Investment banking revenues rose 6%, driven by higher M&A fees from a flurry of deals. Equity underwriting revenue fell from a year ago amid a decline in follow-on offerings and block trades, but were partially offset by higher revenue from private placements. Fixed income underwriting revenue rose, driven by higher securitized products and high-yield issuances. In trading, equity revenues rose 13% driven by higher prime brokerage revenues and a mark-to-market gain of $225 million on a strategic investment.

Futures Rebound Strongly From Overnight Rout As Yields Stabilize After what earlier looked like another assured overnight rout, especially after 10Y yields hit 1.90% and Brent rose as high as $89/bbl, US equity futures reversed earlier losses to trade higher as earnings optimism outweighed concerns over soaring bond yields and a 50bps March rate hike. As of 7:00am ET, emini S&P futures were up 14 points ot 0.3% to 4,585, Nasdaq futures were up 65 points or 0.44% and Dow futures were also in the green by 89 points or 0.25%. The dollar slumped after several days of sharp gains, the 10Y yield traded at 1.8826%, down from the session''s highest levels, and Brent was at $88.23. The prospect of accelerated policy tightening as well as concerns over the omicron variant and inflation hurting companies profits have whipsawed equities this year. The surge in Treasury yields has fueled a rotation out of expensive technology and growth shares and into cheaper parts of the market. Meanwhile, the 10Y yield has continued its aggressive push higher overnight, and hit a fresh 2 year high, rising just above 1.90% for the first time since Jan 2020, before retracing some of the move.

Morgan Stanley''s list of its favorite stocks across Asia and Latin America features five new additions including one from Brazil.

Morgan Stanley (NYSE:MS) is scheduled to announce Q4 earnings results on Wednesday, January 19th, before market open.The consensus EPS Estimate is $1.96 (+2.1% Y/Y) and the

Key Events This Holiday-Shortened Week: Earnings Galore, Central Banks And UK Inflation While the US is closed for MLK Day on Monday, the week kicked off with China''s monthly data dump but the PBOC upstaged this by surprisingly cutting rates on its medium term loans ahead of the GDP release. In the first move since April 2020 - which we said would happen one month ago - the PBOC lowered its one-year medium term lending facility (MLF) rate by 10bps to 2.85% from 2.95% and slashed the seven-day repurchase rate to 2.1% from 2.2%. Additionally, as DB''s Jim Reid writes, the central bank injected 700 bn yuan ($110 bn) worth of liquidity via the MLF and added 100 billion yuan of liquidity via reverse repos. Separately, data showed Q4 GDP expanded +4.0% y/y beating Bloomberg forecast of 3.3%. However, the rise was more muted in the last three months (+4.9%) as a real estate downturn combined with strict Covid-19 curbs hit activity. Other economic data showed that industrial production in China jumped by +4.3% in December from a year ago surpassing market expectations of a +3.7% growth.

Nasdaq Extends Worst Start To A Year Since 2009 As Fed Sends Rate-Hike Odds Soaring All major US equity indices are now lower on the year with the Nasdaq Composite the worst-performer (and The Dow the least bad horse in the glue factory) In the last 30 years, only 2009 saw a worst start to the year for the Nasdaq Composite... Source: Bloomberg On the week, Nasdaq ripped higher today to get back to even on the week, Small Caps and The Dow were the week''s laggards... Today''s squeeze bounce came off Monday''s lows for the "most shorted" stocks... Source: Bloomberg Nasdaq bounce today was AGAIN perfectly off the 200DMA (and The Dow fell back below its 50DMA)... Banks were battered today - after their big run-up this year - with JPM suffering its biggest post-earnings decline in at least 20 years and Goldman, JPMorgan, and Morgan Stanley all dropping into the red for the year. Meanwhile, WFC is up almost 20% YTD!... Source: Bloomberg The longest-duration, hyper-growth and non-profitable tech companies crashed further this week, now down a shocking 49% from its record highs in Feb 2021 (down 7 of the last 9 weeks)...

While efforts to hire and retain workers pick up across Wall Street, Morgan Stanley (MS) names 199 employees as new managing directors, a person with knowledge on the matter…

Futures Slide After Disappointing JPMorgan Earnings, Tech Rout Worsens After trading flat for much of the overnight session, S&P futures slumped to session lows shortly after JPM reported earnings that disappointed the market (see our full write up here ) and were last trading down 30 points or 0.64%, with Dow futures down 0.3% and Nasdaq futures taking on even more water as the "sell tech" trade was back with a bang. Treasury yields rose 3bps to 1.74% and the dollar reversed an overnight loss. The VIX jumped above 20 and was last seen around 21. The Nasdaq 100 fell to the lowest in almost three months yesterday as tech came under pressure after Fed Governor Lael Brainard said officials could boost rates as early as March. It looks like the selling will continue today. Market sentiment has been shaken by concerns over the prospect of imminent Fed tightening along with record global Covid-19 infection rates, but we dont expect either of these factors to end the equity rally, said UBS Wealth Management CIO Mark Haefele in a note. The fourth-quarter U.S. earnings season, which started this week, could turn investor attention back to strong fundamentals. JPMorgan shares dropped in premarket trading after revenues and EPS beat thanks to a $1.8 billion reserve release while FICC trading revenue missed expectations even as its dealmakers posted their best quarter ever and Chief Executive Officer Jamie Dimon gave an upbeat assessment of prospects for growth.

Spirit Realty Capital (SRC) began an underwritten public offering of 6.5M common shares on a forward basis in connection with the forward sale agreements with Morgan Stanley and