a blog dedicated to the discussion of MASTER LIMITED PARTNERSHIPS and the day to day news related to the group...along with perhaps a few other things...as long as the conversation is kept civil. Although i have no problem telling you what i am doing regarding my trades...PLEASE DON'T ASK ME WHAT YOU SHOULD DO REGARDING WHETHER TO BUY, SELL OR SHORT!!! i am not in the stock business.
I'm not pumping or bashing MS, and have no position either way.
Mogarn Stanley got some good press for their recent earnings.... but I wonder what would have happened if they disappointed?
(Reuters) - Several analysts raised their 2008 profit forecast on Morgan Stanley, after the No. 2 U.S. investment bank's better-than-expected quarterly results brought some relief to a rattled Wall Street, but voiced concerns that macroeconomic factors could weigh on future earnings.
Wachovia, which termed Morgan Stanley's capital position as "good," said, "Conditions remain challenging, but Morgan Stanley is an endgame winner in the industry."
The brokerage reiterated its "outperform" rating on the stock and increased its 2008 profit-per-share view on the company by 8 percent to $4.89.
But William Tanona of Goldman Sachs sees significant opportunities for the company to gain market share as a result of uncertainty surrounding rivals. He said Morgan Stanley was the most attractive name in his large-size brokerage universe.
In case no one has noticed Morgan Stanly is down $10.00 a share at 18.00 and change...
ReplyDeleteGS is down $30.00 at $102.00,
Is Morgan Stanley going down the tubes now? -35.00% today!
ReplyDeleteThe entire financial system is collapsing.
ReplyDeleteI'm not pumping or bashing MS, and have no position either way.
ReplyDeleteMogarn Stanley got some good press for their recent earnings.... but I wonder what would have happened if they disappointed?
(Reuters) - Several analysts raised their 2008 profit forecast on Morgan Stanley, after the No. 2 U.S. investment bank's better-than-expected quarterly results brought some relief to a rattled Wall Street, but voiced concerns that macroeconomic factors could weigh on future earnings.
Wachovia, which termed Morgan Stanley's capital position as "good," said, "Conditions remain challenging, but Morgan Stanley is an endgame winner in the industry."
The brokerage reiterated its "outperform" rating on the stock and increased its 2008 profit-per-share view on the company by 8 percent to $4.89.
But William Tanona of Goldman Sachs sees significant opportunities for the company to gain market share as a result of uncertainty surrounding rivals. He said Morgan Stanley was the most attractive name in his large-size brokerage universe.
http://www.reuters.com/article/marketsNews/idINBNG36379220080917?rpc=44
GOLDMAN -24% TODAY
ReplyDelete