Kinder Morgan (KMI) reported earnings after the bell on Wednesday, providing details on its growing project backlog and constructive outlook, largely fueled by increasing demand for natural gas. The midstream company emphasized the important role of liquefied natural gas (LNG) and power generation in its future growth.
KMI meets Q2 EPS estimates as natural gas demand boosts revenues and key pipeline segments show strong growth.
Morgan Stanley (NYSE:MS) reported second quarter results that topped analyst estimates, driven by growth in trading revenue. However, rising provisions for credit losses, which jumped to $196 million from $76 million in the year-ago quarter, saw Morgan Stanley's shares move lower following the report.
MS tops Q2 estimates with strong trading and wealth management, while investment banking stays weak.
Morgan Stanley (MS) posted better-than-expected quarterly earnings, powered by higher equities and fixed-income trading revenue.
CNBC's Leslie Picker joins 'Squawk Box' to break down Goldman Sachs and Morgan Stanley's quarterly earnings results.
The strong performance was propelled by higher client activity with notable strength in equity trading.
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Mike WIlson, Morgan Stanley CIO and chief U.S. equity strategist, joins 'Squawk Box' to discuss on what recent Nvidia news means for tech companies at-large, what to expect from earnings and much more.
KMI and PAGP offer attractive yields from energy infrastructure while issuing a 1099 tax form. I compare them side by side. I share why I think that PAGP is a much more compelling investment opportunity than KMI is right now.
J.P. Morgan Asset Management launched the JPMorgan International Hedged Equity Laddered Overlay ETF (HOLA) on the NYSE Arca today. According to the prospectus, the fund is designed to provide income through a diversified international equity portfolio while hedging overall market exposure.
MS Q2 earnings are likely to have risen y/y on strong trading and higher NII, though underwriting and advisory fees may weigh on results.