A legal agreement between Morgan Stanley (NYSE:MS), Citigroup (NYSE:C) and the Securities and Exchange Commission created a firewall which separated the investment banking units of the companies form research analysts. A request to have that firewall changed was denied by Judge William Pauley III of the Southern District of New York.
The reason the firewall was [...]
All Posts Tagged With: "Morgan Stanley"
Morgan Stanley (NYSE:MS) and Citigroup (NYSE:C) Request to Change 2003 Firewall Agreement Denied by Judge
Morgan Stanley (NYSE:MS) Launches Coverage of Ironwood Pharmaceuticals (NASDAQ:IRWD), Resumes Coverage of Kraft Foods (NYSE:KFT)
Morgan Stanley has started covering Ironwood Pharmaceuticals (NASDAQ:IRWD), and its first rating was an “overweight” with a price target of $19.
The primary drug being developed, which will determine much of its near term performance is linaclotide, which targets irritable bowel syndrome with constipation and chronic constipation.
Morgan analysts Sara Slifka and Steven Harr said they see [...]
IPO Market Hot This Week for Bank of America (NYSE:BAC) and Wells Fargo Corp. (NYSE:WFC), JPMorgan Chase & Co. (NYSE:JPM) and Morgan Stanley (NYSE:MS)
The big banks are enjoying a good week for IPOs, as almost all of them were involved with two ocean shipping companies – Baltic Trading and Crude Carriers, and also health sciences company Aveo Pharmaceuticals, Bank of America (NYSE:BAC) and Wells Fargo Corp. (NYSE:WFC), JPMorgan Chase & Co. (NYSE:JPM) and Morgan Stanley (NYSE:MS) all partook [...]
March 12th, 2010 | Gary | Comments | Continued
Morgan Stanley (NYSE:MS): SEC Dark Pool Regulation “Too Granular”
In a letter to the Securities and Exchange Commission, Morgan Stanley (NYSE:MS) said the SEC needed to reconsider their regulatory proposal, saying it was too “granular.”
The SEC is looking at dark pools in a more mechanical way, and so looks to regulate in that sense. For example, they want to treat what is called and [...]
JPMorgan (NYSE:JPM), Citicorp (NYSE:C), Bank of America (NYSE:BAC) and Morgan Stanley (NYSE:MS) Sued by Tribune Bondholders
Bondholders of Tribune, in connection to the Chapter 11 bankruptcy case, have sued JPMorgan (NYSE:JPM), Merrill Lynch Capital Corp.,Citicorp (NYSE:C), Bank of America (NYSE:BAC) and Morgan Stanley (NYSE:MS) over the financing of the buyout of the company in 2007.
The financing of Tribune by the financial institutions led to the leveraged buyout of Tribune in 2007, [...]
JPMorgan (NYSE:JPM), Morgan Stanley (NYSE:MS) Land Stroer IPO
JPMorgan (NYSE:JPM) and Morgan Stanley (NYSE:MS) have landed the deal to help Stroer Group launch their initial public offering. Stroer Group is a large outdoor advertiser based in Germany.
Stroer will launch its IPO on the Frankfurt exchange sometime in the first half of 2010.
A spokesman from Stroer refused to confirm or deny the deal, as [...]
Morgan Stanley (NYSE:MS) Chooses Martin Agency for $40 Million Advertising Account
Morgan Stanley (NYSE:MS) has named Martin Agency as their new lead agency, replacing Ogilvy & Mather, who formerly held the top ad position since October 2005.
Several companies entered the final round to determine who would represent Morgan Stanley, including Merkley & Partners and Wieden & Kennedy. The process was relatively subdued in contrast to the [...]
Morgan Stanley (NYSE: MS) Chairman Mack Says Wall Street Pay To High, But Likely To Remain
While speaking at question and answer session hosted by retired Bank of America CEO Hugh McColl Jr., Morgan Stanley (NYSE: MS) Chairman John Mack said investment banker pay is still too high, but that it is unlikely to change with firms vying to keep their top talent.
The comments came at Queens University, in Charlotte NC, [...]
Morgan Stanley (NYSE:MS) Continues Top Management Shuffle: Chief Legal Officer Gary Lynch Stepping Down
New Morgan Stanley (NYSE:MS) chief executive officer James Gorman has been consistently working on putting his own team in place since his installment on January 1, and that continues as chief legal officer Gary Lynch announced he’ll be leaving that position in the company.
In an internal memo, it said that Lynch will stay in that [...]
Morgan Stanley (NYSE:MS) Close to Selling Stake in China International Capital Corp. (CICC)
After a number of years battling for a larger say in some of the strategies of China International Capital Corp. (CICC), and fighting over whether or not they had exclusive right to partner with the large Chinese investment bank concerning international deals, Morgan Stanley (NYSE:MS) is close to selling their 34.3 percent stake in the [...]
February 23rd, 2010 | Gary | Comments | Continued
Will Citibank (NYSE:C) Be Left Holding Morgan Stanley’s (NYSE:MS) Japanese Hotel Debt?
Morgan Stanley (NYSE:MS) owes its creditors about $2.4 billion in relationship to the Japanese Hotel chain they acquired, and the debt owed is due in April 2010. Citigroup (NYSE:C), along with Japan-based Shinsei Bank, are the largest lenders in the deal, making it uncertain whether Citigroup will be left holding their part of the debt [...]
February 17th, 2010 | Gary | Comments | Continued
I am a Realtor trying to consumate a short sale for a senior citizen on social security with Citi holding ...
When you are down there, try the number 3 with sour cream... The green enchiladas are wonderful!!!!!! 
It would seem that they see the light at the end of the tunnel...I just hope that what they see ...