British high-street retailer M&S could cut up to 950 jobs to curb losses caused by the COVID-19 pandemic, according to a report. M&S would not confirm the job losses, but said 950 staff would be affected by a restructuring. The plans will make the company a “stronger, leaner and more […]
Morgan Stanley CEO James Gorman sees the bank resuming stock buybacks and boosting its dividend as early as next year. The bank reported record quarterly earnings Thursday morning of $US1.96 per share, beating analysts’ $US1.12 per-share estimate. Morgan Stanley now holds between $US6 billion and $US10 billion in “excess capital,” […]
Bank earnings are set to tank 69% year-over-year for the second quarter, Goldman Sachs said in a Tuesday note. Morgan Stanley and Citigroup are Goldman analysts’ top picks among the seven biggest US banks. Both firms enjoy a greater focus on capital markets, leading fee income to serve as a […]
Morgan Stanley boosted its call for a “sharp but short” recession ending by 2021 as economies surge back to pre-pandemic output levels. The firm told clients in a mid-year review note the global economy is entering a new expansionary phase that’s “more ‘normal’ than appreciated.” World GDP will bottom out […]
Morgan Stanley and Charles Schwab stock are top picks after the week’s strong sell-offs, Sandy Weill, former Citigroup CEO, told CNBC on Friday. Bank stocks notched outsized losses on Thursday after the Federal Reserve projected near-zero rates could last through 2022. Such policy cuts into firms’ earnings by lowering the […]
Morgan Stanley will pay a $US5 million fine to the Securities and Exchange Commission over allegedly misleading some customers and charging hidden trading fees. The bank’s Smith Barney unit sold clients a “wrap fee” meant to cover investment advice and brokerage services. The SEC alleges that, from October 2012 to […]
Stocks are in “the best risk-reward” scenario of the past two years as coronavirus risks drive prices to multiyear lows, Mike Wilson, chief investment officer at Morgan Stanley, told CNBC Thursday. The bank has been buying back into equities “over the last two, three, four weeks” as prices stabilise, he […]
Morgan Stanley is the latest Wall Street giant to officially call for a recession in 2020. The bank’s updated base-case sees global growth slipping to 0.9% in 2020 after contracting in the first half of the year. The scenario establishes a coronavirus recession as less dire than the 2008 financial […]
The US stock market can jump more than 5% in the first half of 2020 after tumbling on coronavirus concerns, Morgan Stanley said. The S&P 500’s correction of 3.5% was relatively small and “should remain limited” before stocks resume their upward climb, Michael Wilson, the bank’s chief US equities strategist, […]
The value of all Tesla shares traded during Tuesday’s rally spiked roughly 1,466% from its average, according to Bloomberg data. Nearly $US55 billion worth of the company’s stock traded through Tuesday, dwarfing the $US3.5 billion daily average seen over the past year and following a similarly frantic session on Monday. […]
Having connections in Donald Trump’s political machine in Washington has been positive so far for a small Australian biotech. Shares in Innate Immunotherapeutics, whose investors have been revealed as senior Republicans with connections to president-elect Trump, jumped in early trade today. A short time ago, they were up 4.8% to […]
Marc Bolland was the CEO of one of the largest...
A high-risk, experimental stem cell treatment...
A clinical trial using stem cells is the first treatment to fully halt all detectable central nervous system inflammatory activity in patients with multiple sclerosis (MS). The therapy, which involves destroying a patient’s immune system then rebuilding it through stem cell transplantation, also helped some patients to recover neurological function. […]
Successfully "eroding" them away.
Walsh's fashionable trainers are already worn by popular bands, such as The Vamps.
The £199 skirt is not even available to buy yet.