Welcome to our dedicated page for Morgan Stanley news (Ticker: MS), a resource for investors and traders seeking the latest updates and insights on Morgan Stanley stock.
Morgan Stanley (NYSE: MS) generates frequent news across investment banking, securities, wealth management and investment management activities. The firm regularly issues press releases on quarterly and annual earnings, capital actions, new investment products and significant transactions, providing investors and market participants with updates on its operations.
Recent announcements include the release of fourth quarter and full year financial results, accompanied by a strategic update presentation and investor conference call. Morgan Stanley also reports on dividends for its various preferred stock series and decisions regarding common stock dividends and share repurchase programs, reflecting its capital management policies.
Through Morgan Stanley Investment Management and related platforms, the firm discloses news about product development and asset growth. Examples include the ETF platform surpassing $10 billion in assets under management and the filing of initial registration statements with the SEC for proposed exchange‑traded products such as Morgan Stanley Bitcoin Trust and Morgan Stanley Solana Trust, which are described as passive vehicles seeking to track the price performance of the relevant cryptocurrency, subject to regulatory approval.
Morgan Stanley Capital Partners and Morgan Stanley Real Estate Investing also feature in news items, such as majority investments in private companies, exits from portfolio holdings, acquisitions of logistics and senior housing assets and other real estate transactions. Corporate governance and leadership developments, including the appointment of new Managing Directors, are also publicly announced.
Visitors to this news page can review these types of updates to understand how Morgan Stanley’s businesses evolve over time, how it approaches capital and product development, and how its various investment platforms engage in private equity, real estate and listed fund activities.
Morgan Stanley and Morehouse College have announced the inaugural cohort of the HBCU Scholars Program, which will provide four-year scholarships covering tuition and room and board for five students. This initiative aims to eliminate financial barriers to higher education for students of color, promoting educational attainment and economic independence. The program will include career preparation and mentorship, further enhancing the students' opportunities post-graduation. The program reflects Morgan Stanley's commitment to diversity and community support.
XRI Holdings, LLC, a leader in full-cycle water management, announced a significant 10-year agreement with University Lands covering over 300,000 acres in the Southern Midland Basin. This partnership enhances XRI’s asset footprint, improving access and recycling capabilities, crucial for advancing sustainability initiatives. Currently, XRI recycles over 400,000 barrels per day in the Permian Basin, with growth anticipated from the new UL partnership. UL manages water rights for 2.1 million acres, prioritizing resource conservation in awarding this contract.
Morgan Stanley (NYSE: MS) reported a significant increase in net revenues, reaching $15.7 billion for Q1 2021, up from $9.8 billion a year earlier. Net income surged to $4.1 billion or $2.19 per diluted share, compared to $1.7 billion or $1.01 per diluted share in Q1 2020. The growth was bolstered by the acquisition of Eaton Vance and strong performance in the Institutional Securities and Wealth Management segments. Record flows of $105 billion in Wealth Management and a 21.1% return on tangible common equity highlight the firm's solid position for future growth.
Morgan Stanley has launched the inaugural HBCU Scholars Program at Spelman College, awarding four-year scholarships to five first-year students to cover tuition, room, and board. This initiative aims to alleviate financial barriers to higher education and includes career preparation programming alongside mentorship. The program aligns with Morgan Stanley's mission to enhance diversity and inclusion within the workforce. The selected scholars possess notable achievements, reflecting their potential for future success. The program begins in the fall 2021 semester, with more scholars from Howard University and Morehouse College to be announced soon.
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Morgan Stanley’s Institute for Sustainable Investing and Kellogg School of Management announced the BeeBank & Brokerage team as the winner of the 2021 Kellogg-Morgan Stanley Sustainable Investing Challenge. The team, comprising students from the University of Oxford and Medical Research Council, proposed a plan to help beekeepers enhance biodiversity through pooled loans. Competing against 123 teams globally, the initiative emphasizes sustainable financial approaches to tackle environmental challenges. The runner-up was the Fund for E-Bus Batteries team, which aimed to accelerate electric bus adoption in the Netherlands.
Eaton Vance New York Municipal Income Trust (NYSE American: EVY) announced board approval for a plan of liquidation and termination of the Fund, pending shareholder approval at a special meeting scheduled for June 25, 2021. The board recommends a favorable vote for the liquidation. A record date of April 23, 2021 has been established for determining eligible shareholders to vote. Following the acquisition of Eaton Vance by Morgan Stanley on March 1, 2021, a temporary agreement allowed continued management of the Fund. Shareholders will receive a proxy statement with further details.
Morgan Stanley’s Institute for Sustainable Investing and Kellogg School of Management announced the BeeBank & Brokerage team as the winner of the 2021 Kellogg-Morgan Stanley Sustainable Investing Challenge, selected from 123 teams. The winning project aims to support beekeepers in expanding biodiversity-related practices. In addition, the European Circular Fund team earned recognition for a plastic waste resolution. The competition promotes innovative financial solutions for social and environmental issues, emphasizing the importance of sustainable finance in graduate education.
TruFund Financial Services has made a preferred equity investment in Genesis Companies, an African American-owned real estate firm, to enhance its growth and development capacity. This investment, part of the Impact Developers Fund launched in July 2020 by Morgan Stanley, TruFund, and the Ford Foundation, aims to support minority developers facing capital access challenges. Genesis, with a 16-year history of developing affordable housing in New York and New Jersey, is positioned to leverage this investment for further community impact.
The Eaton Vance Floating-Rate Income Plus Fund (NYSE: EFF) held a Special Meeting on March 19, 2021, where no quorum was present to approve a new investment advisory agreement with Eaton Vance Management. Following a previous decision on March 11, 2021, the Fund's Board approved a liquidation and termination plan, which will be presented for shareholder approval at the Annual Meeting on May 14, 2021. Eaton Vance Management, now part of Morgan Stanley after its acquisition on March 1, 2021, continues to manage the Fund under an interim agreement that lasts for up to 150 days.