Morgan Stanley Set to Buy E-Trade

Morgan Stanley has entered into a definitive agreement to purchase E-Trade, the popular electronic trading platform.

Investors Growing Impatient With IBM’s Cloud Strategy, Want Results

CNN is reporting that investors are growing increasingly restless with IBM’s cloud strategy and are anxious to see results. IBM may be one of the most trusted names in the tech industry, with a history going back decades, but that…

Microsoft Expected To Make Major Cloud Gains At The Expense Of—Everyone

On the heals of a survey showing Microsoft making significant inroads in the cloud industry, Morgan Stanley has even worse news for the company’s competitors, according to Business Insider. In the previous survey by Goldman Sachs—despite AWS taking in the…

Microsoft on Track to Reach $1 Trillion Market Cap in a Year, Says Morgan Stanley Report

Investors have been anticipating the close race to the $1 trillion market cap between Apple and Amazon, but analysts at Morgan Stanley are also counting on Microsoft to hit the mark within a year. The investment bank hiked its stock…

Google’s New CFO is the ‘Most Powerful Woman on Wall Street’

Google has found its new CFO. Ruth Porat, who currently serves as Chief Financial Officer for Morgan Stanley, will be joining Google on May 26. She’ll replace outgoing CFO Patrick Pichette, who announced his retirement earlier this month. “We’re tremendously…

Nasdaq Glitch Blamed for Facebook’s Abysmal IPO Performance

As we reported on Friday, Nasdaq is getting the blame for Facebook’s botched IPO launch and the subsequent poor trading performance in the days that followed. The remarks come from a court filing by Facebook and Morgan Stanley who seek…

Groupon Gets an Upgrade by Morgan Stanley Analyst from Equal Weight to Overweight

Groupon shares are on the rise this morning as after Morgan Stanley analyst, Scott Devitt, raised the company’s status from Equal Weight to Overweight. Despite closing just above $10 per share on Friday, early morning trading reached as high as…

Facebook Blames Nasdaq and Wants to Consolidate IPO Investor Lawsuits

The one month anniversary of Facebook’s much anticipated initial public offering is close at hand, and the social networking giant has yet to address investor concern or the countless lawsuits which have been filed against the Nasdaq, Mark Zuckerberg, or…

Facebook Stocks Finds New Low at $25.75

It seems like everyday marks a new low for the folks over at Facebook. Today, stock prices slipped below the $26 mark to $25.75. Considering shares started out at $38, I would say the IPO has lost almost all of…

Morgan Stanley Praised for Facebook IPO by COO

Morgan Stanley Chairman and Chief Executive, James Gorman is defending the work they did on the Facebook IPO, claiming they played it 100% by the book and that also, he isn’t aware of any dissent regarding Facebook share prices or…