Wall Street Journal:
Morgan Stanley closed the book on its disastrous $6.5 billion acquisition of Crescent Real Estate Equities by handing the keys to lender Barclays. (Read More)
FOXBusiness.com:
Morgan Stanley (MS) announced on Friday that it will turn over ownership of Cresent Real Estate Equities to lending giant Barclay’s Capital. (Read More)
Wall Street Journal:
A late rally attempt fizzles as a strengthening dollar continues to hamper stocks; Europe's Central Bank begins to unwind stimulus measures; and Morgan Stanley hands over the keys of a failed real estate venture to its lender (Read More)
The Guardian:
Investors in Thomas Cook and Tui Travel must wish they could get away from it all. The two travel companies were the biggest fallers in the leading index following downgrades on both companies from Morgan Stanley. In particul (Read More)
FT.com - European Equties:
Scandinavian banks were in focus on Friday, as Morgan Stanley changed its preference for banks in the region and DnB Nor regained ground. (Read More)
The Guardian:
Investment bank under fire again as investors protest at record bonuses of $717,000 eachGoldman Sachs has had to defend itself from angry taxpayers, regulators, the government – and now its own shareholders.Some of the US inv (Read More)
New York Times:
Morgan Stanley is handing over Crescent Real Estate Equities to Barclays Capital, winning forgiveness of a $2 billion loan that financed its acquisition of the real estate business in 2007. (Read More)
Reuters: Private Equity:
LONDON/MADRID, Nov 20 (Reuters) - Carlyle, CVC and fundslinked to Morgan Stanley and Macquarie are readying binding bidsfor Gas Natural's Madrid gas-distribution assets ahead of a Nov.30 deadline, people familiar with the mat (Read More)
WSJ.com: What's News US:
Morgan Stanley closed the chapter on its disastrous $6.5 billion acquisition of Crescent Real Estate Equities by handing the keys to lender Barclays.
. (Read More)
Reuters: Mergers News:
NEW YORK, Nov 20 (Reuters) - Cadbury Plc canceled
a keynote appearance at a Morgan Stanley conference in New York
this week but sent its chief financial officer for one-on-one
meetings with investors instead.
. (Read More)
Wall Street Journal:
SAN FRANCISCO (MarketWatch) -- Barclays Capital said Friday that it has formed Crescent Real Estate Holdings LLC with Goff Capital to buy Crescent Real Estate Equities from Morgan Stanley Real Estate Funding II. It has als (Read More)
Wall Street Journal:
Morgan Stanley closed the chapter on its disastrous $6.5 billion acquisition of Crescent Real Estate Equities by handing the keys to lender Barclays. (Read More)
Wall Street Journal:
NEW YORK (MarketWatch) -- Morgan Stanley on Friday upgraded Hess Corp. to overweight from equal-weight and lifted its price target to $75 a share from $65 a share. "We are upgrading Hess on value, oil leverage, and the retur (Read More)
Wall Street Journal:
SAN FRANCISCO (MarketWatch) - Technology stocks sank Friday morning, as shares of Dell Inc. fell sharply after the computer maker posted a drop in quarterly profit. Dell was down about 8% at the opening bell, as the Nasdaq (Read More)
Wall Street Journal:
NEW YORK (MarketWatch) -- Morgan Stanley on Friday upgraded Hess Corp. to overweight from equal-weight and lifted its price target to $75 a share from $65 a share. "We are upgrading Hess on value, oil leverage, and the retur (Read More)
The Guardian:
On a gloomy Friday morning, even the prospect of holidays in sunnier climes has failed to lift Thomas Cook and Tui Travel, with suggestions the former might need to call on shareholders for cash.It was Morgan Stanley which ha (Read More)
The Guardian:
Fund manager's original plan for £1.5bn IPO were cancelled two years ago when the financial crisis hitFund manager Gartmore ended months of speculation today by announcing that it will float on the London Stock Exchange in mi (Read More)
Wall Street Journal:
LONDON (MarketWatch) -- Tui Travel was downgraded to equalweight from overweight at Morgan Stanley while Thomas Cook was downgraded to underweight from equalweight at Morgan Stanley. The broker said that it cut forecasts fo (Read More)
Wall Street Journal:
Fresh details about China International Capital's "phantom share" program illustrate the complications it poses for potential buyers of Morgan Stanley's stake in the Chinese investment bank. (Read More)
Markets RSS:
The chief executive of one of America’s biggest banks admitted that Wall
Street could not be trusted to do the right thing and needed tougher
regulation. (Read More)