Express News | Shares of Companies Within the Broader Financial Sector Are Trading Higher Amid Overall Market Strength Due to March's Strong Durable Goods Orders Economic Data, and President Trump's Announcement That He Met With China Earlier Today
Sector Update: Financial Stocks Advance in Afternoon Trading
Market Chatter: Morgan Stanley Commences X Corp. $1.23 Billion Loan Offering
Express News | Morgan Stanley to Sell Final $1.23 Billion X Debt Held on Books- Bloomberg News
Morgan Stanley Commences X Corp. $1.23 Billion Loan Offering, Bloomberg Reports
The former Morgan Stanley IPO leader has landed in the White House! Taking on the role of Trump's "investment strategist", he previously helped Musk acquire Twitter.
Former Morgan Stanley IPO executive Michael Grimes has been appointed as the head of the Trump administration's "USA Investment Accelerator". He will utilize his extensive investment banking experience to provide "one-on-one" services for companies with a willingness to invest significantly, especially those with investments exceeding 1 billion dollars. He also has a close relationship with Musk and previously assisted him in acquiring Twitter.
Ex-Morgan Stanley Banker Michael Grimes Leading New U.S. Investment Accelerator, Sources Say -- WSJ
Grimes Is Expected Help Big U.S. Projects Speed Through Red Tape, Sources Say -- WSJ
U.S. Accelerator Won't Make Investments, Sources Say -- WSJ
Morgan Stanley Tops Extel's Asia Research Rankings for the 11th Consecutive Year
Morgan Stanley: Raised CHINA MOBILE's Target Price to 90 Hong Kong dollars, rating "Shareholding".
Morgan Stanley released a research report stating that it has raised the service revenue forecast for CHINA MOBILE (00941) for 2025 to 2026 by 1%, and has slightly adjusted the EBITDA forecast downward after accounting for the first quarter performance. As a result, the basic earnings per share forecasts for 2025 and 2026 have increased by 1.6% and 2.1% respectively, while the earnings per share forecast for 2027 has been adjusted to 7.42 yuan per share. In addition to the profit forecast revisions, the bank has also lowered its capital expenditure forecast following the announcement of CHINA MOBILE's performance. Therefore, the Target Price has increased by 5.9%, from 85 HKD to 90 HKD, with a rating of "Shareholding."
Express News | Shares of Financial Companies Are Trading Higher Amid Overall Market Strength After President Trump Said He Will Not Be Firing Fed Chair Powell. Additionally, Trump Indicated the Final Tariff Rate Would Be Lower Than the Current One, Which May Lead to...
Market Chatter: KKR Hires Morgan Stanley to Prepare for Logisteed IPO
Morgan Stanley has appointed Dr. James Hu Jiguang as the Vice Chairman for the China region.
Dr. Hu will work closely with Morgan Stanley's domestic and international teams to expand the customer base and strengthen relationships with senior clients across various industries to drive the growth of China's investment banking business.
Express News | Shares of Financial Companies Are Trading Higher Amid Treasury Secretary Scott Bessent's Remarks About Trade De-escalation With China, Which May Help Restore Investor Confidence Towards the Sector
The Federal Reserve plans to adjust the CCAR stress test rules. Goldman Sachs: The seven major banks are expected to release 17 billion dollars in capital dividends.
On April 17, the Federal Reserve proposed changes to the CCAR stress tests. Goldman Sachs pointed out that the new regulations are expected to release a capital dividend, with the average SCB for the seven largest Banks decreasing by 20 basis points, which will release about 17 billion dollars of excess capital.
Despite a trillion dollars in defenses, there is still unease as the Bank of America industry collectively prepares for a recession.
Bank of America can cope with a challenging economic situation, but the stress tests may not accurately reflect the extent of the risks posed by Trump.
Tesla Q1 Estimates By Troy Teslike Match Wall Street Figures But Independent Analyst Paints A Mixed Picture
Morgan Stanley: Raises the Target Price of China United Network Communications to HKD 9.5 and assigns a "Shareholding" rating.
Morgan Stanley released a research report stating that China United Network Communications (00762) reported a 2.1% year-on-year increase in service revenue for the first quarter; net income increased by 5.6% year-on-year, partly benefiting from accounting changes. Morgan Stanley has raised its revenue forecast for China United Network Communications for the fiscal years 2025 to 2027 by 1.6% to 1.7%; however, the EBITDA forecast has been lowered by 4.2% to 4.5%. Additionally, the firm has also revised down the forecast for standardized earnings per share for the fiscal year 2025 by 4.3%; for fiscal year 2026 by 1.6%; and raised it for fiscal year 2027 by 2.7%. Morgan Stanley has also raised the target price for China United Network Communications from HKD 8 to HKD 9.5, giving it a 'Shareholding' rating.
MSIM Expands Loan Business With Closing of $400m Morgan Stanley Eaton Vance CLO 2025-21, Ltd.