Morgan Stanley's Q2 results showed a decrease in total revenue and net profit but strong coverage for preferred dividends. Preferred shares remain a strategic part of my income-focused portfolio, despite being non-cumulative. Series E preferred shares pay a fixed dividend but may be called at any time, presenting a call risk for investors.
LOS ANGELES, CA / ACCESSWIRE / July 26, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Morgan Stanley ("Morgan Stanley" or "the Company") (NYSE:MS) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
STMicroelectronics NV (NYSE: STM) experienced a significant drop in its stock price yesterday, falling over 15% after reporting mixed Q2 earnings and slashing its 2024 revenue outlook again. The company reported Q2 GAAP EPS of $0.38, beating expectations by $0.03, but its revenue of $3.23 billion missed estimates by $40 million, representing a 25.
LOS ANGELES, CA / ACCESSWIRE / July 25, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Morgan Stanley ("Morgan Stanley" or "the Company") (NYSE:MS) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
Wall Street likes to peer into the fog of the future and guess where a stock is headed. While these stock price predictions are based on educated estimates, often based on information and models unavailable to regular investors, they are nonetheless guesses.
LOS ANGELES, CA / ACCESSWIRE / July 24, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Morgan Stanley ("Morgan Stanley" or "the Company") (NYSE:MS) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
LOS ANGELES, CA / ACCESSWIRE / July 23, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Morgan Stanley ("Morgan Stanley" or "the Company") (NYSE:MS) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
Kinder Morgan delivered relatively modest growth in the second quarter. However, the company has a number of nice growth opportunities in front of it.
LOS ANGELES, CA / ACCESSWIRE / July 22, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Morgan Stanley ("Morgan Stanley" or "the Company") (NYSE:MS) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
Kinder Morgan is a solid prospect in the pipeline/midstream industry, offering growth, low risk, and attractive multiples. Despite missing revenue expectations, Kinder Morgan's financial performance improved in Q2 2024, with increased cash flow and profitability metrics. The company continues to invest in growth initiatives, with multiple projects underway to expand pipeline capacity and generate additional value for shareholders.
Crude oil will likely be in a surplus next year with Brent crude prices dropping to the mid-to-high 70s range, analysts at Morgan Stanley (NYSE:MS) believe. In a note, the bank's analysts wrote that tightness would hold for most of the third quarter, continuing for forecast Brent crude prices of $86 per barrel.
Kinder Morgan just reported its latest earnings results, presenting an increase of 4% in adjusted earnings per share when compared to the same quarter of the previous year. I see Kinder Morgan as an attractive pick for dividend income investors who want to benefit from an appealing Dividend Yield [FWD] of 5.68% and the potential for future increases. I have included Kinder Morgan to my watch list for potential inclusion into The Dividend Income Accelerator Portfolio, due to its mix of dividend income and dividend growth.