Morgan Stanley Stock Price, News & Analysis

Morgan Stanley has announced its eighth cohort of the Multicultural Innovation Lab (MCIL), featuring startups from sectors like education and healthcare. This cohort marks the program's first global expansion, with participants from the US and EMEA. Selected from over 2,500 applications, the startups will receive support for growth and investment opportunities. Notable past successes include startups that raised over $150M following program participation. The cohort aims to enhance access to capital for diverse entrepreneurs and includes 10 innovative companies.

Morgan Stanley at Work has introduced three key enhancements to its stock plan platforms, Equity Edge Online® and Shareworks. These innovations aim to boost efficiency for corporate clients and their participants. Notable upgrades include expanded fractional share transaction capabilities, an automated Leave of Absence administration process, and a new automation framework called Workflows. These upgrades are designed to streamline operations, reduce manual errors, and improve participant engagement, thereby saving companies time and costs.

Morgan Stanley has announced its regular dividend payments on several preferred stock issues. Notably, the dividends include: $261.11 for Series A, $25.00 for Series C, $445.31 for Series E, and $429.69 for Series F, among others. The payment dates for Series M and N are set for September 15, 2022, with a record date of August 31, 2022. For the remaining series, dividends will be paid on October 17, 2022, with a record date of September 30, 2022. This announcement underscores Morgan Stanley's commitment to returning value to its shareholders.

Morgan Stanley (NYSE: MS) will release its third quarter 2022 financial results on October 14, 2022, at approximately 7:30 a.m. (ET). A conference call for discussion will follow at 9:30 a.m. (ET) on the same day. Interested parties can access the call and webcast on www.morganstanley.com in the Investor Relations section. Morgan Stanley is a global financial services firm offering a range of services including investment banking and wealth management, serving clients worldwide.

Andy Saperstein, Co-President and Head of Wealth Management at Morgan Stanley (NYSE: MS), will address the Barclays Global Financial Services Conference on September 13, 2022, at 11:15 a.m. (ET), in New York.

The conference will offer both live and on-demand access to the webcast via www.morganstanley.com in the Investor Relations section. Morgan Stanley is a prominent global financial services firm providing investment banking, securities, and wealth management services across 41 countries.

Morgan Stanley Investment Management has announced a change in the portfolio management team for its Emerging Markets Debt Funds (NYSE: MSD, EDD). Effective immediately, Akbar Causer, Kyle Lee, and Federico Sequeda have joined the management of the Morgan Stanley Emerging Markets Debt Fund. Brian Shaw and Patrick Campbell will manage the Morgan Stanley Emerging Markets Domestic Debt Fund. Warren Mar will step down as a portfolio manager, but Sahil Tandon remains in his role. Morgan Stanley handles over $1.4 trillion in assets, emphasizing a commitment to long-term investment performance.

Morgan Stanley reported net revenues of $13.1 billion for Q2 2022, a decline from $14.8 billion year-over-year. Net income was $2.5 billion, translating to $1.39 per diluted share, down from $3.5 billion or $1.85 per share in Q2 2021. The firm achieved a ROTCE of 13.8%. Strong performance in Equity and Fixed Income partially offset weak investment banking activity. The expense efficiency ratio was 74%, affected by a $200 million regulatory issue. Wealth Management reported a margin of 26.5% with significant asset flows of $53 billion.

Carver Edison, a financial technology firm based in New York City, has partnered with Morgan Stanley at Work to launch a new API that enhances the management of Employee Stock Purchase Plans (ESPPs). This innovation allows for quicker share settlements and streamlined equity administration for global corporate clients. Amidst rising inflation, the API aims to provide employees faster access to equity compensation, improving stock ownership participation without affecting their paychecks. The Cashless ESPP tool can enable employees to acquire significantly more company stock.

VIKASA Capital Inc. has appointed Nathan Tribble as CEO of VIKASA Capital Partners, enhancing its leadership team. Tribble brings 15 years of fintech experience, having previously served as President at Stockpile and held significant roles at Ally Financial and Morgan Stanley. His appointment comes at a time of market uncertainty, where he aims to support fintech firms and expand VIKASA's sustainable practices. Founder Roshan Pujari expressed confidence in Tribble's blend of operational and investment expertise.