10 Updates

Tata Global upward rerating unsustainable: Morgan Stanley

Source: Business Standard, Nov 19 2012, 12:19am CST

"The TGBL stock now trades at 22 times FY 14 estimated earnings (versus 17 times last five-year average 12 month forward multiple). Although we view the management change and the JV with Starbucks as incrementally positive, we expect t ...

Continue reading on: Business Standard

 
 
Update
10

3 hours ago

BSE Sensex, Nifty weak; Bharti Airtel, Rel Comm outperform

Source: Moneycontrol.com  |   Jun 17 2013, 10:46pm CDT

Moneycontrol Bureau Live Market Commentary 9:55 am Brokerage views: CLSA upgrades Tata Power to buy with a target price of Rs 105 per share. 9:50 am Macro outlook: Brokerage house Kotak Securities feels the Reserve Bank of In ...

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Update
9

3 hours ago

Expect RBI to remain on hold in next monetary policy: Ahya

Source: Moneycontrol.com  |   Jun 17 2013, 10:34pm CDT

New to Moneycontrol - Sign up now Username should be atleast 4 characters Keep me signed in Donât have an account? We think that the risk of a stronger dollar will keep currency risks alive, says Chetan Ahya, Morgan Stanl ...

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Update
8

30 weeks ago


Quote:
"There is lack of visibility in the international business for TGBL, and the international business remains vulnerable to input cost pressures. To that extent, the stock move seems exaggerated to us, and we would use this opportunity to book profits in TGBL"


Source: Business Standard

 
Update
7

8 hours ago

Morgan Stanley A Sell At The Current Price

Source: Seeking Alpha  |   Jun 17 2013, 5:56pm CDT

Two months ago, Morgan Stanley (MS) received the Federal Reserve's approval to finish buying Morgan Stanley Smith Barney, the retail brokerage that it jointly owns with Citigroup. Morgan Stanley already owns 65%. MS clos ...

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Update
6

9 hours ago

Morgan Stanley Maintains Bullish Stance on Walter Energy (WLT)

Source: Street Insider  |   Jun 17 2013, 4:48pm CDT

Morgan Stanley today maintained an Overweight Walter Energy (NYSE: WLT) with a price target of $47.00. Analyst Evan Kurtz sees huge upside in the stock and thinks shares could climb 200% even if the company announced an equity offerin ...

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Update
5

11 hours ago

ON THE MOVE-Raymond James lands adviser team from Morgan Stanley

Source: Reuters  |   Jun 17 2013, 3:02pm CDT

June 17 (Reuters) - Raymond James Financial Inc said on Monday it hired a team of veteran advisers from U.S. brokerage Morgan Stanley Wealth Management to join the company's independent broker-dealer division in Illinois. The group, led by adviser Sco ...

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Update
4

11 hours ago

Credit-Raters, Morgan Stanley Settle with Florida Over Crisis-Era Deal

Source: Wall Street Journal  |   Jun 17 2013, 2:17pm CDT

By Jeannette Neumann The two largest credit-rating firms and Morgan Stanley paid the state of Florida $9.5 million as part of a confidential settlement earlier this year, according to documents reviewed by The Wall Street Journal. Moody's Investors Se ...

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Update
3

12 hours ago

Credit-Raters, Morgan Stanley Settle with Florida Over Crisis-Era Deal

Source: Wall Street Journal  |   Jun 17 2013, 2:09pm CDT

Dow Jones Reprints: This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers, use the Order Reprints tool at the bottom of any article or visit www.djrepri ...

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Update
2

13 hours ago

Should More Firms Follow Morgan Stanley’s Lead on Bonuses?

Source: Motley Fool  |   Jun 17 2013, 1:10pm CDT

We interview Jonathan Macey, who is Yale University's Sam Harris Professor of Corporate Law, Corporate Finance and Securities Law. Jonathan has authored several books on corporations and the law, and joins The Mot ...

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Update
1

13 hours ago

Groupon Inc (GRPN) – Early Signs of a Turn: Morgan Stanley

Source: Value Walk  |   Jun 17 2013, 12:39pm CDT

Morgan Stanley (NYSE:MS) reiterates its earlier equal-weight rating on Groupon Inc (NASDAQ:GRPN), owing to the company’s sustained growth momentum in the U.S. market. In its research report published after the analysts’ mee ...

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