According to JP Morgan, U.S. large-cap biopharma stocks have underperformed the broader market for two consecutive years, with mixed sentiment shaping investor outlook for 2025.
Morgan Stanley's wealth management division achieved steady growth, contributing $6.6 billion in Q2 2024, providing stability amid volatile investment banking and trading revenues. The company returned $1.59 billion to shareholders in Q3 2024 through dividends, showcasing a strong commitment to shareholder value and confidence in long-term growth. Revenue fluctuated over the last year, peaking at $26.3 billion in Q1 2024, driven by a 15% surge in fixed-income trading activity.
Morgan Stanley's strong Q3 performance saw a 17% non-interest revenue increase and a 37% rise in net income attributable to common shareholders. The Series E preferred shares offer a fixed 7.125% dividend, but there's a risk of the bank calling them due to falling interest rates. A long position in these preferred shares hinges on Morgan Stanley not calling them soon. Buying close to $25 mitigates call risk.
Kinder Morgan (KMI 2.33%) pays its investors well. At its current share price, the natural gas pipeline giant's dividend yields 4.3% -- several times higher than the S&P 500 's 1.2% yield.
KMI moves forward with its $1.4B Mississippi Crossing Project, aiming to add 1.5 Bcf/d gas capacity across 206 miles of pipeline in the Southeast U.S. by November 2028.
NEWARK, CA / ACCESSWIRE / December 19, 2024 / Protagonist Therapeutics, Inc. ("Protagonist" or the "Company") today announced that Dinesh V. Patel, Ph.D.
Morgan Stanley's stock (NYSE: MS) gained about 42% year-to-date. This compares to rival Goldman Sachs stock, which has seen its stock gain about 55% year-to-date.
MS joins forces with Wise to enhance its foreign exchange settlement capabilities, boost its existing product suite and offer fast-paced services to corporate clients.
MS and GS are well-poised to gain from the revival of global M&As. Read on to know whether to bet on these stocks now or wait.
Joseph Moore, Morgan Stanley semiconductor analyst, joins 'Squawk Box' to discuss Nvidia's recent stock slide, what the fair value of the company is, and more.
Whenever analysts from Wall Street's biggest banks decide to come together to boost a particular group of stocks, retail investors do well to watch the trends, attempt to reverse engineer their views and opinions, and, more importantly, where they stem from. Confident analysts often land on a bullish or bearish view of a particular industry, where select stocks will gain more market attention.
Morgan Stanley will offer its clients high-speed cross-border settlements through Wise Platform. The investment bank tapped this solution from Wise, a global technology focused on money movement, to facilitate foreign exchange international settlement for its corporate and institutional clients, the companies said in a Tuesday (Dec. 17) press release.