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 Capital Partners has completed an investment in US HealthConnect, partnering with CEO Frank Russomano to drive platform expansion. USHC, founded in 1999, specializes in digital education for healthcare providers, focusing on areas like oncology and women's health. This investment aligns with MSCP's strategy of backing high-growth founder-led companies. With Morgan Stanley's industry knowledge, the partnership aims to enhance USHC's capabilities and reach in delivering personalized educational experiences.
Daniel Simkowitz, Head of Investment Management at Morgan Stanley, will deliver a keynote address at the Bank of America Merrill Lynch Future of Financials Conference on November 9, 2020, at 1:40 p.m. ET. The event will be conducted virtually, allowing participants to join from anywhere. Both live and on-demand webcasts will be accessible via the Morgan Stanley Investor Relations webpage. Morgan Stanley (NYSE: MS) is a prominent global financial services firm, known for its investment banking, wealth management, and investment management services across 41 countries.
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Morgan Stanley (NYSE: MS) has issued a $1 billion social bond aimed at supporting affordable housing projects in the U.S. This issuance continues the firm’s strategy to tackle sustainability challenges through market-based solutions. The bond's proceeds will specifically address the needs of low- and moderate-income individuals, which have been exacerbated by the COVID-19 pandemic. With a long history in sustainable finance, Morgan Stanley's initiative is designed to create positive social impacts while maintaining transparency through an established Social Bond Framework.
Morgan Stanley has launched the HBCU Scholars program, aiming to support 60 scholarships over four years for students at Howard University, Morehouse College, and Spelman College. This initiative will provide full tuition covering academic costs, totaling up to $12 million. Additionally, the program includes a career preparedness component, enhancing job readiness for the recipients. The initiative reflects Morgan Stanley's commitment to diversity and inclusion, aligning with its broader strategy announced earlier in June.
Morgan Stanley has announced an agreement to transition the Barclays Global Stock and Rewards business to Shareworks by Morgan Stanley, adding approximately 40 corporate clients and 140,000 stock plan employees. This follows an eight-year partnership where Barclays clients used Shareworks’ platform. The migration aims for a seamless transition, with existing service teams continuing to manage relationships. Morgan Stanley's EMEA operations already service over 125,000 stock plan participants with €14 billion in assets. This move underscores Morgan Stanley's commitment to expand its financial solutions.
Morgan Stanley (NYSE: MS) reported net revenues of $11.7 billion for Q3 2020, up 16% from $10.0 billion a year ago. Net income rose 25% to $2.7 billion ($1.66 per diluted share). Key drivers included strong sales and trading performance and the completion of the E*TRADE acquisition, enhancing growth prospects. The Firm’s ROTCE was 15%, with a Common Equity Tier 1 capital ratio of 17.3%. The Board announced a $0.35 quarterly dividend, payable November 13, 2020.
Morgan Stanley (NYSE: MS) has reached a definitive agreement to acquire Eaton Vance Corp. (NYSE: EV) for approximately $7 billion. This acquisition enhances Morgan Stanley's asset management capabilities with a combined AUM of $1.2 trillion. The deal, which includes $28.25 per share in cash and stock for Eaton Vance shareholders, is seen as strategically beneficial, with anticipated cost savings of $150 million. The transaction is expected to close in Q2 2021, making it accretive to earnings per share shortly after completion.
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