JP Morgan analyst Christopher Horvers reiterated the Neutral rating on Advance Auto Parts Inc. AAP, lowering the price forecast to $43 from $55.
Kinder Morgan shares are in a bull market, up 21.74% in the past year. KMI is positioned to benefit from the growing demand for AI and data centers. KMI has improved its financial position since 2015, with the potential for continued growth and dividend increases.
Kinder Morgan remains a strong dividend stock with inflation-protected revenue streams and a 5.5% yield. KMI's business performance is solid, with steady earnings and growth opportunities in natural gas expansion and data centers' power demand. Despite not being as cheap as before, KMI remains attractively priced.
Walt Disney Co (NYSE:DIS, ETR:WDP) has tasked Morgan Stanley (NYSE:MS) executive chairman James Gorman with finding a replacement for outgoing chief executive Bob Iger. Gorman was appointed head of Disney's succession planning committee on Wednesday, having overseen such process at the Wall Street bank before he stepped down as chief executive earlier this year.
Last year, Iger, who was the CEO from 2005 to 2020 before his 2022 reappointment, said he would extend his stay through 2026 and "definitely" step down when his contract ends.
Goldman Sachs and Morgan Stanley invested huge sums into spot bitcoin ETFs during the second quarter of 2024.
$164 billion worth investment firm Morgan Stanley (NYSE: MS) has almost a hundred years of history of picking stock holdings that prove out to be winners in the long-term, with some well-known names in its portfolio.
Shares of Sphere Entertainment Co. were up 4.8% Friday, lifted by the Las Vegas entertainment venue's fourth-quarter results and a J.P. Morgan upgrade.
Friday, Pacira BioSciences, Inc. PCRX announced that the U.S. District Court for the District of New Jersey found that the company's U.S. Patent No. 11,033,495 (the ‘495 patent) is not valid.
Morgan Stanley Direct Lending Fund (NYSE:MSDL ) Q2 2024 Earnings Conference Call August 9, 2024 10:00 AM ET Company Participants Michael Occi - Head, Investor Relations and Chief Administrative Officer Jeff Levin - President and Chief Executive Officer David Pessah - Chief Financial Officer Rebecca Shaoul - Head of Portfolio Management Conference Call Participants Sean-Paul Adams - Raymond James Melissa Wedel - JP Morgan Kenneth Lee - RBC Paul Johnson - KBW Operator Welcome to the Morgan Stanley Direct Lending Fund's Second Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode.
Robinhood's entry into futures trading this year could be met with some caution by retail traders using its commission-free platform if it charges a fee, J.P. Morgan analysts said on Thursday.
Low-income consumers may be pulling back, and high-income consumers may wind up spending their excess funds by the end of the year. However, J.P.