Latest Morgan Stanley News

Asian shares mostly lower as investors look to G-20 meeting

Jun. 25, 2019 11:04 PM EDT

TOKYO (AP) — Asian shares were mostly lower Wednesday as investors awaited developments on the trade friction between the U.S. and China at the Group of 20 meeting of major economies in Japan later in the week. Japan's benchmark Nikkei 225 slipped 0.5% to 21,088.32 in early trading, while Australia's...

Asian shares mixed over concerns about oil tankers, trade

Jun. 13, 2019 10:52 PM EDT

TOKYO (AP) — Asian shares were mixed Friday as investors weighed a variety of factors, including suspected attacks on two oil tankers in the strategic Strait of Hormuz and lingering worries about trade conflict between the U.S. and China. Japan's benchmark Nikkei 225 edged up 0.2% to 21,076.11 in morning...

Red Robin, Schlumberger and Lennar rise while Savara plunges

Jun. 13, 2019 4:28 PM EDT

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Thursday: RH, up $15.02 to $109.91 The furniture and housewares company beat Wall Street's first quarter financial forecasts and raised its profit outlook for the year. Lululemon Athletica Inc., up $3.63 to $174.52 The athletic apparel...

Investors should guard against tunnel vision on trade wars

Jun. 11, 2019 5:26 PM EDT

NEW YORK (AP) — Once this trade-war cloud gets lifted, investors should have little to worry about, right? Monday's market action makes it seem that way: Stocks around the world climbed after President Donald Trump withdrew a threat to impose tariffs on Mexico, at least for now. That leaves investors...

No-say Nissan had tech that drove Fiat Chrysler-Renault idea

Jun. 7, 2019 3:08 AM EDT

TOKYO (AP) — Nissan wasn't consulted on the proposed merger between its alliance partner Renault and Fiat Chrysler, but the Japanese automaker's reluctance to go along may have helped bring about the surprise collapse of the talks. While Nissan Motor Co. had a weaker bargaining position from the start,...

Trade war escalation puts investors in a defensive stance

May. 30, 2019 10:20 AM EDT

NEW YORK (AP) — An unexpected escalation in the trade war between the U.S. and China jolted investors into a defensive position in May. Safe-play sectors including utilities and consumer staples held up better than others and bonds gained ground this month as investors shifted their money into...

Renault talks with Nissan about Fiat Chrysler merge proposal

May. 29, 2019 3:54 AM EDT

TOKYO (AP) — Fiat Chrysler's proposal to merge with Renault was presented to Nissan on Wednesday, adding another big question to the list of uncertainties facing the Japanese automaker. Nissan Motor Co. has been slammed with nose-diving profits and a tarnished reputation since the arrest of its former...

Asian stocks retreat as China-US jitters set in

May. 28, 2019 11:34 PM EDT

SINGAPORE (AP) — Asian shares slipped Wednesday on expectations that a trade dispute between China and the United States would simmer and possibly weigh on growth. With a lull in economic releases closer to home, investors digested President Donald Trump's comments that the country was "not ready" for a...

Pennsylvania accuses financial firms of bond price-fixing

May. 24, 2019 3:42 PM EDT

HARRISBURG, Pa. (AP) — Pennsylvania's treasury department is accusing about a dozen large financial firms of working together to illegally inflate the price of bonds issued by Fannie Mae and Freddie Mac over seven years. A federal court filing by Pennsylvania Treasurer Joe Torsella cites what his office...

Tesla's bad news accelerates as Wall Street loses faith

May. 24, 2019 11:57 AM EDT

Late last year, Tesla Inc. was fully charged and cruising down the highway on Autopilot. Shares were trading above $370 each, sales of the Model 3 small electric car were strong and the company had appointed a new board chair to rein in the antics of sometimes impulsive CEO Elon Musk. But around the middle of...