Morgan Stanley (MS) Posts Q4 EPS of $0.39, $0.43 ex. DVA
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Go back to Morgan Stanley (MS) Posts Q4 EPS of $0.39, $0.43 ex. DVA
January 20, 2016 9:36 AM EST
UBS maintained a Buy rating on Morgan Stanley (NYSE: MS), and cut the price target to $34.00 (from $42.00), following the company's 4Q earnings report. UBS lowered estimates by 16c to $3.00 per share in 2016, and by 12c to $3.40 per share in 2017, driven by lower FICC revenues and higher credit headwinds, partially offset by greater expense discipline. Going... More
January 15, 2016 6:36 PM EST
By Rodrigo Campos
NEW YORK (Reuters) - The dramatic selloff on Wall Street through most of the past two weeks could signal a capitulation-type blowout, giving fundamentals the upper hand for the next week even as international stocks and the price of oil continued to fall Monday while U.S. exchanges were closed for a holiday.
The current slide in stock prices, which on Friday briefly dragged the S&P 500 to levels not seen in more than a year, is reminiscent in breadth and tone of drop-downs seen during the Great Recession.
The U.S. stock... More
