Morgan Stanley 4Q profit, revenue hit by volatile markets

19 Janvier, 2019, 19:54 | Auteur: Auguste Feret
  • Volatile market hits Morgan Stanley's trading wealth managementMore

Moody National Bank Trust Division grew its position in Morgan Stanley by 0.4% in the 4th quarter. The company possesses an impressive earnings surprise history, beating the Zacks Consensus Estimate in each of the trailing four quarters. Further, mounting operating expenses is a major near-term concern for the company. "Also, earnings estimates have been going down lately ahead of the company's fourth quarter 2018 results".

Morgan Stanley's wealth management arm, which is supposed to report steadier revenues and profits, also reported declines. Morgan Stanley's earnings per share (EPS) was $0.80 a share, less than the $0.89 a share financial experts expected. Vining Sparks reissued a "buy" rating and issued a $60.00 target price on shares of Morgan Stanley in a report on Tuesday, October 16th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and nine have assigned a buy rating to the company. Morgan Stanley now has an average rating of "Hold" and a consensus price target of $56.06.

Shares of NYSE MS opened at $44.49 on Thursday. The stock has an average rating of "Hold" and an average price target of $56.06. The company has a debt-to-equity ratio of 2.67, a current ratio of 0.80 and a quick ratio of 0.80.

Quarterly pretax income was $1.01 billion, down 12% from the year-earlier quarter.

Grippe : 8 régions en pleine épidémie
C'est pourquoi Santé publique France lance jusqu'au 3 mars la campagne "Maîtrisez les bons gestes contre les virus de l'hiver". Recommandé aux personnes à risque, le vaccin reste la meilleure façon de se protéger de la grippe et de ses complications.

France: Casino cède six hypermarchés à des adhérents Leclerc
En signant des promesses de vente avec six adhérents Leclerc pour un total de 100,5 millions d'euros, Casino rompt le fil de l'histoire.

Saudi minister ‘very optimistic’ about oil market
It said the rapid rise of renewables is being driven by new technologies and falling costs, making them ever more competitive against fossil fuels.

The S&P 500 posted one new 52-week high and no new lows; the Nasdaq Composite recorded 29 new highs and 23 new lows. Like a number of other big financial companies, Morgan Stanley was hurt by difficulties in trading during the volatile fourth quarter. Wall Street was for companywide revenue of $9.3 billion for the three months ended on December 31, 2018. Morgan Stanley had a return on equity of 12.51% and a net margin of 15.93%. During the same quarter in the previous year, the firm earned $0.84 EPS.

A poor performance by Morgan Stanley's trading desks contributed to a disappointing fourth quarter for the investment bank, which undershot analysts' forecasts today. The Russell 2000 index of smaller-company stocks climbed 7 points, or 0.5 percent, to 1,462. Girard Partners LTD. acquired a new position in shares of Morgan Stanley in the 3rd quarter worth approximately $115,000. Robeco Institutional Asset Management B.V. now owns 1,246,803 shares of the financial services provider's stock valued at $58,064,000 after acquiring an additional 644,811 shares during the period. Vigilant Capital Management LLC boosted its holdings in shares of Morgan Stanley by 183.8% in the 4th quarter. FMR LLC lifted its position in Morgan Stanley by 4.4% during the 2nd quarter.

Wealth Management had net revenues of $4.14 billion, a decrease of 6%.

Conseillé:

  • Taking a Deep Dive into Technical Levels for Walgreens Boots Alliance (WBA)

    Taking a Deep Dive into Technical Levels for Walgreens Boots Alliance (WBA)

    Walgreens Boots Alliance, Inc . operates as a pharmacy-led health and wellbeing company.The company has $67.92 billion market cap. Also, EVP Kathleen Wilson-Thompson sold 52,000 shares of the company's stock in a transaction on Wednesday , October 31st.
    Jessica Simpson Just Won the 10 Year Challenge

    Jessica Simpson Just Won the 10 Year Challenge

    Simpson announced that she is expecting her third child - a baby girl - with husband Eric Johnson in September. Pregnant Jessica Simpson poked fun at her extremely swollen foot in a 10-year challenge photo.

    Wasserman Schultz opts out of Women's March: 'I can not stand alongside it'

    The Anti-Defamation League describes the NOI as having "a consistent record of anti-Semitism" since the 1930s. Mallory defended her relationship with Farrakhan on " The View " earlier this week.
  • La mobilisation des

    La mobilisation des "Gilets jaunes" suivie de près

    Macron a encore tenu plus de six heures d'échanges, tout comme mardi dans le nord-ouest". "Je vous mets en garde, monsieur le président: il ne faudra pas que ce débat devienne le grand bluff! ", a averti un maire.
    Gonzalo Higuain Preparing To Fly To England To Seal Chelsea Move

    Gonzalo Higuain Preparing To Fly To England To Seal Chelsea Move

    Higuain's arrival will pave the way for Spain striker Alvaro Morata to leave for Atletico Madrid in a deal worth about £28million. Sarri confirmed that Morata is available for the Arsenal game, but added: "Of course, for him, I think it's a very hard moment".
    Burkina Faso prime minister, government resigns

    Burkina Faso prime minister, government resigns

    The Canadian government has not confirmed the information, and Bibeau said only that it is not ruling out any possibilities. She said Canada is appalled and deeply saddened by Woodman's death, condemning those responsible for the crime.
  • Qatar impress as Ali double downs Saudis

    Qatar impress as Ali double downs Saudis

    Uzbekistan , who finished runners-up in the group, will next play Australia. Ali has now scored seven goals in the tournament.
    Les Inconnus pourraient bientôt se reformer, laisse entendre Bernard Campan

    Les Inconnus pourraient bientôt se reformer, laisse entendre Bernard Campan

    Si les spéculations vont bon train depuis cette annonce, il semblerait que ce projet ne concerne ni un film ni des sketches . Le 14 janvier 2019, Bernard Campan était l'invité de " L'info du vrai " sur Canal +.

    Maurizio Sarri Coy On Chelsea's Loan Swoop For Gonzalo Higuain

    And Sarri has revealed the Blues are in luck with injuries, claiming Ruben Loftus-Cheek is the only player absent. On the pitch we are really very happy with him. "They're really a very good team".
  • Australian Open: Raonic beat former champion Wawrinka

    Australian Open: Raonic beat former champion Wawrinka

    Women's singles fourth seed Naomi Osaka thrashed Tamara Zidansek 6-2, 6-4, to advance to the third round of the Australian Open . Raonic fired down 39 aces compared to Swiss Wawrinka's 28, while he topped the winners column 84-66 en route to the next round.
    Johanna Konta criticises 'dangerous' 12.30am start time in Garbine Muguruza defeat

    Johanna Konta criticises 'dangerous' 12.30am start time in Garbine Muguruza defeat

    But the pair will have to go someway yet to beat the record for the latest finish time at the Major. And a brief notion to play on Court 3 was aborted because of ... excessive seagull poo (yup).
    Très lourd bilan après l'explosion d'un oléoduc — Mexique

    Très lourd bilan après l'explosion d'un oléoduc — Mexique

    Des médias locaux ont montré des dizaines de personnes se servant auprès de la fuite d'où le carburant se déversait à jet continu. Dans certains secteurs, des stations-service officielles distribuent même du carburant volé.


Populaire

Douze interpellations à Paris à la mi-journée — "Gilets jaunes"
Des femmes "gilets jaunes" appellent à une manifestation à Paris, inspiré par l'événement pacifique qu'elles avaient déjà organisé le 6 janvier.

MS Dhoni Takes Dig At Retirement Rumours With Cheeky Gesture
That is what I tell Indians - enjoy it while it lasts. "When he goes you will see a void that will be very hard to fill", he said. I think during the Test series, he must have spoken more to MS than anyone else.

'Viswasam’ collection crosses Rs 125 crore in TN alone says distributor
The extended Pongal holiday ensured the Siurthai Siva-directorial to pull the audience to theatres on weekdays. Please note that these are estimated numbers collected from the various sources and not the official numbers .

Garcia étouffée au 3e tour, plus de Française en lice — Open d'Australie
Caroline Garcia , ex-numéro 4 mondiale aujourd'hui 19ème, était la dernière Française en lice dans le tableau féminin. La Lyonnaise de 25 ans sera opposée à l'Américaine Danielle Collins (35e) vendredi.

BURKINA FASO: Un Canadien assassiné après avoir été kidnappé
Le 10 janvier, une trentaine d'individus armés avaient attaqué le village de Gasseliki, situé non loin de Tiabongou. Le Burkina Faso est confronté depuis trois ans à des attaques jihadistes de plus en plus fréquentes et meurtrières.

Manny Pacquiao, Adrien Broner make weight for WBA title bout
Broner, who was booed on to the stage by the majority of supporters at the famous venue, went into a 19-second staredown with Pacquiao.

Roméo Elvis lance une pétition adressée à Charles Michel — MaGourdeÀMoi
Roméo Elvis avait déjà fait parler de lui il y a près de deux semaines sur Instagram avec son hashtag #magourdeamoi . Limiter les bouteilles en plastique , c'est le but de Roméo Elvis via cette initiative .

Australian Open 2019: Seventh seed Dominic Thiem limps out of Open
Popyrin will play the victor of Lucas Pouille's match against Maximillian Marterer. For tennis that's a great attitude.

Metallica, Foo Fighters perform at Chris Cornell tribute concert
Jimmy Kimmel hosted the tribute concert, which benefitted the Chris and Vicky Cornell Foundation and the Epidermolysis Bullosa Medical Research Foundation .

21 dead, dozens injured after pipeline explosion in Mexico
Another pipeline burst into flames in the neighbouring state of Queretaro, but the Mexican army reported that no one was hurt. Additional footage showed the pipeline gushing a fountain of fuel earlier in the day and people moving in with containers.