Hints and tips:
...In a proxy filing on Friday, Morgan Stanley said it was nominating Butler, 59, to its board during a shareholder vote at its annual general meeting on May 23....
...Sentiment was buoyed by Brent crude, the international oil benchmark, trading 1.4 per cent higher to $86.60, and Morgan Stanley upgrading its view on the sector to “overweight”....
...Read the full interview with Shambaugh and deputy under-secretary for international finance Brent Neiman....
...Oil prices rose, with the international benchmark Brent crude rising 1.9 per cent to $80 a barrel. US marker West Texas Intermediate gained 2.1 per cent to $74.91 a barrel....
...Without it, investors can only look forward to a collection of binary bets (AI and energy storage stuff as well as the robot chauffeurs and butlers)....
...However, Martijn Rats, chief commodities strategist at Morgan Stanley, said last week that it remains his view that oil could have a relatively quiet year, forecasting crude will trade at about $80 a barrel...
...The event passed largely unnoticed by investors until 2022, when an analyst note published by Morgan Stanley estimated the potential liability at up to $45bn....
...Brent, the international crude oil benchmark, fell 3.8 per cent to settle at $74.30 a barrel on Wednesday, the lowest level since the end of June....
...Banks such as Goldman Sachs and Morgan Stanley are leading the charge, Bloomberg writes....
...Into the Void: From Birth to Black Sabbath — and Beyond by Geezer Butler (HarperCollins) Despite his band’s reputation for occultism, Black Sabbath’s Butler has dispensed with the services of a ghost for...
...Some would accept that their companies were not as valuable as once thought if that meant getting a deal done, said Butler....
...Job moves KKR has appointed real estate managing director Julia Butler as the first chief investment officer of its real estate investment trust (Krest)....
...Tesla rose 10.1 per cent after Morgan Stanley analysts said the electric-car maker could add $500bn in value as its supercomputer Dojo opened new markets to the company....
...The bank is forecasting that the price of Brent crude will average $90 a barrel in 2024, up from $80 this year....
...Brent crude, the international benchmark, settled 1.3 per cent higher to trade at $84.48 a barrel, while US equivalent West Texas Intermediate added 1 per cent to trade at $79.83 a barrel....
...In a research note on October 3, Morgan Stanley said it expected oil prices of more than $90 a barrel through the middle of 2024....
...Electric-car maker Tesla is the first of the tech heavyweights to report this week, alongside US lenders Bank of America, Goldman Sachs and Morgan Stanley....
...Morgan Stanley expects European stocks to fall by 10 per cent during the summer, as a “double whammy” of “much higher interest rates and much tighter credit conditions” weigh on consumers and businesses...
...Stan Zlotsky, of Morgan Stanley, on Zendesk October 2020 call....
...Further damping sentiment on Wall Street was a grim earnings forecast by Morgan Stanley analysts who projected a 16 per cent decline in earnings per share for the S&P 500 to $185 in 2023 compared to a year...
...Analysts at Morgan Stanley predicted this would lift Microsoft’s capital spending on things such as data centres and the equipment to fill them to $50bn over the next 12 months....
...In commodity markets, prices for Brent crude, the international benchmark, rose 1.1 per cent to $76.84 a barrel. West Texas Intermediate, the US equivalent, was up 1.2 per cent to $72.91....
...Oil prices fell, with international benchmark Brent crude and its US equivalent West Texas Intermediate both falling about 2 per cent....
...Morgan Stanley analyst Martijn Rats said Europe was now in a position to refill its gas storage sites — crucial for meeting winter demand — to 100 per cent of capacity even if Russian supplies were to drop...
...International benchmark Brent crude gained 0.7 per cent to trade at $86.55 per barrel while US marker West Texas Intermediate rose 0.8 per cent to reach $80.84....
International Edition