Posts filtered by tags: Morgan Stanley[x]


 

Caterer Elior’s shares rise on 1.54 billion euro offer for its Areas unit: Reuters

French catering company Elior said it had got a firm offer of 1.542 billion euros ($1.7 billion) from private equity firm PAI Partners for its ‘Areas’ concession catering business, helping to give a lift to Elior’s shares. Elior said it expected to close the sale during this summer, and added it would use the proceeds of the deal to cut its debt. Elior, which competes with Sodexo and Compass, has embarked on an overhaul of its business after issuing several profit warnings in recent years, and t...
Tags: Europe, Trends, Chile, BNP Paribas, Morgan Stanley, Reuters, United States Mexico, PE Deals, Elior, PAI Partners, Consumer/Retail, Philippe Guillemot


Texas Instruments Rebounds as Execution, Candor Impress Analysts

Analysts said that while the cautious commentary will probably disappoint investors who were hoping for a second-half recovery, Texas Instruments is still executing well despite tough market conditions. Several banks raised their price targets on the stock and Morgan Stanley said the company’s candor with investors bolstered its credibility. Shares of Texas Instruments rose 0.5 percent at 9:44 a.m. in New York, erasing an earlier decline of as much as 1.3 percent.
Tags: New York, Science, Morgan Stanley, Texas Instruments, Shares of Texas Instruments, Texas Instruments Rebounds


Wrong Measure of Success

This morning I'm reposting a highly relevant, insightful article from Fast Company. As a management consultant for years, I've had to remind my clients of the necessity to build relationship currency. In her article Vivian Giang emphasizes a success principle often ignored. In your career, you earn currency with those in power. Unfortunately, most people focus on building up their performance while forgetting to build their relationship currency. Most people are focused on the wrong mea...
Tags: Careers, Morgan Stanley, HARRIS, Vivian Giang, Carla Harris, Relationship skills, Power and influence


Tesco (LON:TSCO): Will these balance sheet risks undo the FTSE 100 grocer's recent progress? - Stockopedia

Tesco (LON:TSCO): Will these balance sheet risks undo the FTSE 100 grocer's recent progress?   Stockopedia In 2009, Morgan Stanley strategy analyst, Graham Secker, used the Z-score to rank a basket of European companies. He found that the companies with weaker ...
Tags: Shopping, Tesco, Morgan Stanley, Graham Secker


Major Wall Street analysts are all bulled up on Lyft, but investors don't seem to care (LYFT)

Lyft shares swung between gains and losses on Tuesday after 10 Wall Street analysts initiated coverage of the recently public ride-hailing company. Shares fell by as much as 2.5% before rallying by as much as 1.8% after the majority of the analysts' calls were bullish. Watch Lyft trade live. Lyft shares swung between gains and losses on Tuesday as the quiet period for major Wall Street analysts ended and a slew of them initiated overwhelmingly bullish coverage. Tuesday marked the end of the ...
Tags: Lyft, Trends, Bloomberg, Netflix, New York Stock Exchange, Morgan Stanley, Canaccord Genuity, Wedbush, Michael Graham, Doug Anmuth, JPMorgan Credit Suisse, Watch Lyft, Jefferies Lyft


Luxury consignment e-tailer The RealReal to enter the unicorn club with new funding

The RealReal, an online retailer for authenticated luxury consignment, has authorized the sale of up to $70 million in new shares, per a Delaware stock authorization filing discovered by the Prime Unicorn Index. If the company raises the entire amount, it would reach a valuation of $1.06 billion, cementing its status as the newest e-commerce unicorn. The filing doesn’t guarantee The RealReal will sell the full amount of authorized shares. The company declined to comment on its fundraising plans....
Tags: San Francisco, Tech, Goldman Sachs, Morgan Stanley, Wall Street Journal, Delaware, Wainwright, Julie Wainwright, Canaan Partners Most


A leaked email shows a Wedbush executive urged the firm to drop Netflix coverage because its analyst's call has been wrong for years (NFLX)

A Wedbush executive two years ago urged the firm's equity-research team to stop covering Netflix because he was concerned with the intent of the research analyst following the stock, according to an email obtained by Markets Insider. Tim Podell, the vice president of investments at Wedbush Securities, sent the email to the firm's equity-research team and Tony Lucas, a vice president and officer manager. Michael Pachter, the analyst who covers Netflix at Wedbush, told Markets Insider that he do...
Tags: California, Disney, Trends, Bloomberg, Iran, Netflix, Tehran, Morgan Stanley, Trump, Wedbush, NFLX, Wedbush Securities, Michael Pachter, Podell, Tim Read, Markets Insider


China’s Luckin Coffee raises $150 mln from BlackRock, others: Reuters

China’s Luckin Coffee, a self-declared challenger to Starbucks Corp, has raised $150 million in its latest round of funding from investors including BlackRock Inc, which values the company at $2.9 billion. The investment, $125 million of which came from a private equity fund managed by BlackRock, follows a $200 million funding round in November that had increased the company’s valuation to $2.2 billion, Luckin said in a statement on Thursday. The up-and-coming coffee chain with ambitions to chal...
Tags: China, Singapore, Trends, Credit Suisse, Goldman Sachs, Starbucks, Morgan Stanley, Blackrock, Reuters, BlackRock Inc, Starbucks Corp, GIC, PE Deals, U S IPO, Consumer/Retail, Luckin Coffee


Morgan Stanley leans on wealth management to beat estimates

Morgan Stanley reported a 9 percent drop in quarterly earnings on Wednesday, but managed to beat analyst estimates through slight growth in its wealth management business, as well as cost cuts.
Tags: Money, businessNews, Morgan Stanley


China economic data buoy US stocks

Wall Street was also buoyed by Morgan Stanley's first-quarter report, which topped analyst expectations. 
Tags: Finance, China, US, Article, Morgan Stanley, FBN, Fbn/markets, FOXBusiness, Fox-business/markets, Fox-business/markets/stocks, Fox-business/markets/wall-street, Ad9663c1-2ce1-58a9-afa4-d03dd3ad6d5c


China economic data buoy US stock futures

Wall Street was also buoyed by Morgan Stanley's first-quarter report, which topped analyst expectations. 
Tags: Finance, China, US, Article, Morgan Stanley, FBN, Fbn/markets, FOXBusiness, Fox-business/markets, Fox-business/markets/stocks, Fox-business/markets/wall-street, Ad9663c1-2ce1-58a9-afa4-d03dd3ad6d5c


Morgan Stanley profit beats estimates on wealth management, lower costs

Morgan Stanley beat analysts' estimates for a quarterly profit on Wednesday on gains in its wealth management business and lower expenses, sending its shares up 3 percent.
Tags: Money, businessNews, Morgan Stanley


Netflix Bulls on Wall Street Shrug Off Weak Subscriber View

Strong first-quarter results, pricing power and improving margins were the focus of analyst reports in the wake of Netflix’s first-quarter earnings. Netflix’s results showed “pricing power on display” with record global paid net adds of 9.6 million in the first quarter, “well ahead of our expectations and guidance.” The forecast for second-quarter U.S. net additions was “modestly below” Morgan Stanley’s estimate.
Tags: Science, Netflix, Morgan Stanley, Netflix Bulls


Morgan Stanley quarterly profit falls 9 percent

Morgan Stanley reported a 9 percent drop in quarterly profit on Wednesday as equities and bond trading fell due to low market volatility.
Tags: Money, businessNews, Morgan Stanley


Netflix Analysts Shrug Off Weak Forecast as Shares Erase Decline

Strong first-quarter results, pricing power and improving margins were the focus of analyst reports in the wake of Netflix’s first-quarter earnings. Netflix’s results showed “pricing power on display” with record global paid net adds of 9.6 million in the first quarter, “well ahead of our expectations and guidance.” The forecast for second-quarter U.S. net additions was “modestly below” Morgan Stanley’s estimate.
Tags: Science, Netflix, Morgan Stanley


One of Snap's biggest bears admits he was wrong, but still thinks shares will plunge by 30% (SNAP)

Snap bear and Morgan Stanley analyst Brian Nowak has grown more positive on the company, but still thinks shares have 30% downside. He raised his price target to $8.50 a share after the stock has gained 115% this year. Nowak was one of the biggest Snap bears on Wall Street, previously having a price target of $5.50. Watch Snap trade live. Snap shares have run up more than 100% this year, causing one of the company's biggest bears on Wall Street to change his view on the stock.   "Snap is exe...
Tags: Trends, Morgan Stanley, Snap, Nowak, Nowack, The Financial Times, Brian Nowak


Netflix is rallying ahead of earnings (NFLX)

Netflix was up more than 3.5% on Tuesday as traders positioned themselves for the company's first-quarter earnings report.  Wall Steet analysts are mostly bullish on the streaming giant.  Watch Netflix trade live. Netflix was rallying Tuesday afternoon, up 3.6% at $361.58 a share, as traders positioned themselves for the company's first-quarter earnings report due out after the closing bell. On Monday, shares settled at $348.87 apiece, their weakest since February 7.  " Our thesis – that NFL...
Tags: Trends, Bloomberg, Netflix, Morgan Stanley, NFLX, Benjamin Swineburne


EQT weighs selling minority stake to outside investor: Bloomberg

EQT Partners added banks Goldman Sachs and Morgan Stanley to its lineup of banks advising on a review that could lead to an IPO, Bloomberg said. EQT is also considering selling a minority stake in the firm to a strategic investor, the story said.  
Tags: Trends, Bloomberg, Goldman Sachs, Morgan Stanley, EQT, EQT Partners, PE Deals, IPO Bloomberg


Fugate to lead Signature Bank’s venture banking group

Signature Bank said April 15 that it formed a venture banking group to focus on serving venture capital firms and the portfolio companies in which they invest. Ken Fugate, a co-founder of Square, will lead the group. He is managing group director. PRESS RELEASE NEW YORK–(BUSINESS WIRE)–Signature Bank (Nasdaq:SBNY), a New York-based full-service commercial bank, announced today it has formed a national Venture Banking Group to focus on serving venture capital firms and the portfolio companies in ...
Tags: New York, Texas, Washington, America, San Francisco, Trends, People, Connecticut, Merrill Lynch, Square, Bank, Morgan Stanley, Group, East Coast, Denver, Durham


Morgan Stanley, Goldman Sachs, and all 27 other banks working on Uber's mega-IPO (LYFT)

Morgan Stanley and Goldman Sachs won the top banking roles on the upcoming Uber IPO, which could reportedly raise up to $100 million for the ride-hailing company. Despite the competition between Uber and Lyft, which went public at the end of March, 11 of Uber's 29 banks are on both IPOs. Here are all 29 banks underwriting Uber's IPO Visit BusinessInsider.com for more stories. Morgan Stanley and Goldman Sachs won the top two slots on Uber's impending IPO — joining with 27 other banks to fill u...
Tags: Apple, Google, Lyft, Uber, Usa, Ipo, Trends, Credit Suisse, Nintendo, Goldman Sachs, Morgan Stanley, Farfetch, Reuters, RBC Capital Markets, Morgan Stanley Goldman Sachs, GrubHub


Apple's App Store downloads went into decline, possibly for the first time ever

Apple's App Store downloads went into decline, possibly for the first time ever, according to research by Morgan Stanley. Apple recently stopped providing device unit sales data and asked people to focus on revenue success instead. Apple's services division — App Store downloads, music, and iTunes — is a key revenue driver that the company hoped would offset declining handset sales. But App Store revenue growth is decelerating, too. Analysts are expressing doubts about the power of Apple's myt...
Tags: Apple, Trends, Netflix, Hsbc, Tim Cook, Ubs, Deutsche Bank, App Store, Morgan Stanley, Samsung Galaxy, Aapl, Citi, Bernstein, Nomura, Huberty, Bank of America Merrill Lynch


Disney takes the wraps off Disney+

The Walt Disney Co. on Thursday gave the investor community its first look at direct-to-consumer  service Disney+, and it seems the Mickey Mouse gloves are coming off in the fight against streaming leader Netflix. Disney waited until near the very end of its two-hour, 45-minute pitch to announce the launch date and pricing structure for Disney+, a premium subscription service that will carry no advertising whatsoever. The DTC product will go live in the U.S. on Nov. 12 for $6.99 per month, or...
Tags: Amazon, Marvel, Advertising, Disney, Fox, Netflix, Iger, Pixar, Jon Favreau, Morgan Stanley, George Lucas, Mickey Mouse, Walt Disney Co, Favreau, Bob Iger, Netflix Disney


Google's Next Big Money Maker Could Be the Maps on Your Phone

Google became the world's most profitable internet company on the back of search advertising. Now, it's turning another popular web service into a major cash machine. From a report: Google Maps is an indispensable part of life for more than 1 billion people, who use it to commute, explore new cities or find a hot new restaurant. The service has been mostly free, and free from ads, since it launched 14 years ago. Interviews with Google executives and customers show this is changing as the inter...
Tags: Google, Tech, Google Maps, Morgan Stanley, Schindler, Andy Taylor, Brian Nowak, Philipp Schindler


Google wants to start making more money from Maps, and we all know what that means

Google is reportedly about to bring a version of the same playbook that turned its best-in-class search engine into an unstoppable money machine over to Google Maps, its service that more than 1 billion people rely on for directions and other related information. What that means for users, according to a new Bloomberg report, is that we may start to see more things like sponsored listings from businesses that have paid to be atop Google Maps results when you search for a variety of information, ...
Tags: Google, News, Bloomberg, Google Maps, Morgan Stanley, Dunkin Donuts, Swiss Army, Nowak, Facebook Google, Brian Nowak, Philipp Schindler, Rajas Moonka


Lyft plunges to an all-time low amid reports Uber is seeking a valuation of up to $100 billion (LYFT)

Lyft shares plunged 11% Wednesday amid reports suggesting its rival Uber was seeking a valuation of $90 billion to $100 billion. Uber was originally expected to be valued at $120 billion.  Lyft shares have dropped 30% from where they opened when the company went public last week. Watch Lyft trade live. Lyft shares plummeted 11% on Wednesday to an all-time low after it was reported that the ride-hailing company's larger rival, Uber, was seeking a valuation of $90 billion to $100 billion. Uber...
Tags: Lyft, Uber, New York Post, Trends, Morgan Stanley, Cnbc, Reuters, Michael Ward, Seaport Global, Watch Lyft


Pilots who fly for Amazon Air are protesting poor working conditions and pushing for a better contract (AMZN)

Pilots for Atlas Air, Southern Air, and ABX Air, carriers that power Amazon Air, are set to protest over what they call poor pay and poor working conditions.  The union that represents the group said pilots will protest on Thursday at Cincinnati/Northern Kentucky International Airport. A Business Insider investigation published in March found that pilots who fly for Amazon Air are unhappy with their working conditions, feeling that they are underpaid and overworked. Visit BusinessInsider.com...
Tags: Amazon, US, Trends, UPS, Morgan Stanley, Bugatti, Armed Forces, Business Insider, Cincinnati Northern Kentucky International Airport, Ohio Illinois, ATSG, AMZN, Amazon Air, Air Transport Services Group ATSG, Atlas Air Worldwide, Atlas Air Worldwide Holdings


Google flips the switch on its next big money maker: Maps

Google became the world’s most profitable internet company on the back of search advertising. Now, it’s turning another popular web service into a major cash machine. Google Maps is an indispensable part of life for more than 1 billion people, who use it to commute, explore new cities or find a hot new restaurant. The service has been mostly free, and free from ads, since it launched 14 years ago. Interviews with Google executives and customers show this is changing as the internet giant i...
Tags: Google, Amazon, Europe, Advertising, Starbucks, Merkle, Waze, Google Maps, Morgan Stanley, Doordash, Michael Kors, Schindler, Rajan, Dunkin Donuts, Alphabet Inc, Andy Taylor


The latest Wall Street analyst to launch coverage of Tesla says investors should compare it to an unlikely tech giant (TSLA)

Nomura Instinet has resumed coverage of Tesla with a $300 price target and neutral stock rating.  Analyst Christopher Eberle says the company's opportunity is akin to Salesforce's disruption in the early 2000's. Demand, a top of mind worry for many other analysts, isn't something Eberle says is a problem.  Wall Street has always struggled with how to compare Tesla to other baskets of stocks. Some analysts, like Morgan Stanley's widely followed Adam Jonas, lump Elon Musk's electric car company...
Tags: Europe, Elon Musk, Wall Street, China, Trends, Tesla, Bloomberg, TSLA, Salesforce, Morgan Stanley, CRM, Fiat Chrysler, Gene Munster, Adam Jonas, Eberle, Romit Shah


TikTok Owner Gets a $1.3 Billion Loan From Wall Street

Morgan Stanley and Goldman Sachs Group Inc. led the deal alongside Bank of China Ltd. and CMB Wing Lung Bank Ltd., said the people who are not authorized to speak publicly and asked not to be identified. Bytedance, which operates the hugely popular apps TikTok and its Chinese counterpart Douyin, declined to comment on the loan. The deal marks Bytedance’s debut in the syndicated loan market and underscores its growing clout in attracting some of the biggest international lenders.
Tags: Science, Morgan Stanley, Goldman Sachs Group Inc, Bank of China Ltd, Bytedance, Douyin, CMB Wing Lung Bank Ltd


Snap's AR gamble, Verizon Media pitches advertisers, and 5G confusion

Hello! Welcome to the Advertising and Media Insider newsletter, where we catch you up on all the big stories our team's been working on this past week. If you got this newsletter forwarded, sign up for your own here. If you have tips or feedback, email me at [email protected] Snap has been having popularity problems with users, advertisers, and creators. Its stab at wearables, with Spectacles, was a flop. Last week Tanya Dua attended Snap's first Creators Summit, a big step by the app...
Tags: Google, Verizon, Facebook, Youtube, North Korea, Trends, Comcast, Magic Leap, Hulu, Morgan Stanley, Adam Bain, Whipple, Ott, Don, Kim Jong, Google Apple