Latest Morgan Stanley News

What do weight loss drugs mean for a diet industry built on eating less and exercising more?

Apr. 25, 2024 05:54 AM EDT

NEW YORK (AP) — Ever since college, Brad Jobling struggled with his weight, fluctuating between a low of 155 pounds when he was in his 30s to as high as 220. He spent a decade tracking calories on WeightWatchers, but the pounds he dropped always crept back onto his 5-foot-5-inch frame. ...

UnitedHealth Group, Morgan Stanley rise; PNC Financial, Live Nation fall, Tuesday, 4/16/2024

Apr. 16, 2024 16:13 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Tuesday: Intra-Cellular Therapies Inc., up $15.08 to $79.84. The biopharmaceutical company made an encouraging update on its potential treatment for a depressive disorder. ...

Morgan Stanley: Q1 Earnings Snapshot

Apr. 16, 2024 07:39 AM EDT

NEW YORK (AP) — NEW YORK (AP) — Morgan Stanley (MS) on Tuesday reported first-quarter profit of $3.41 billion. The New York-based company said it had earnings of $2.02 per share. The results beat Wall Street expectations. The average estimate of six analysts...

Stock market today: Asian shares trading mixed after Wall Street’s momentum cools

Mar. 25, 2024 23:00 PM EDT

TOKYO (AP) — Asian shares were mixed in muted trading Tuesday, as buying in some markets was soon erased by profit-taking. Japan's benchmark Nikkei 225, where computer chip-related issues had interested investors early, reversed course to slip nearly 0.2% in morning trading to...