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Morgan Stanley fund offer for PNE too low: shareholders group SdK

FRANKFURT (Reuters) – Morgan Stanley Infrastructure Partners’ (MS.N) offer for PNE (PNEGn.DE) which values the German renewable firm at 306 million euros ($337 million) is too low, small shareholders group SdK said on Tuesday. The 4.00 euro per share bid runs ... More »

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Morgan Stanley holds top spot as activist defense firm: data

BOSTON (Reuters) – Morgan Stanley was ranked as the top adviser to companies targeted by activist investors publicly for the third straight year in 2018 while Goldman Sachs vaulted past two competitors to the number No. 2 spot, according to Refinitiv data publ... More »

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JPMorgan backs away from private prison finance

NEW YORK (Reuters) – JPMorgan Chase & Co has decided to stop financing private operators of prisons and detention centers, which have become targets of protests over Trump administration immigration policies. “We will no longer bank the private prison industry... More »

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Ex-Morgan Stanley adviser gets five years in U.S. prison for fraud

BOSTON (Reuters) – A former Morgan Stanley adviser was sentenced to five years in prison on Tuesday after he admitted that he misused client funds to invest in a wind farm project and to cover his own personal expenses, including college tuition for his childr... More »

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Canada likely to buy Trans Mountain pipeline project: Bloomberg

(Reuters) – Canada is likely to buy Kinder Morgan Canada Ltd’s Trans Mountain oil pipeline and its proposed expansion project in an attempt to ensure that it is built, Bloomberg reported on Monday, citing a person familiar with the talks. The company, a unit o... More »

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Actor Morgan Freeman apologizes after accusations

(Reuters) – Actor Morgan Freeman said on Friday any suggestion he assaulted women or created an unsafe workplace is false and apologized to anyone he may have upset after media reported that women have accused him of inappropriate behavior or harassment. The a... More »

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Morgan Stanley raises targets, but Wall Street wants more

FILE PHOTO: The corporate logo of financial firm Morgan Stanley is pictured on the company’s world headquarters in New York, U.S. April 17, 2017. REUTERS/Shannon Stapleton/File Photo (Reuters) – Morgan Stanley raised key profitability and efficiency targets on... More »

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Documentarian Morgan Spurlock steps down after admitting misconduct

FILE PHOTO: Director Morgan Spurlock arrives for the premiere of the documentary film “This is Us” about British boy band One Direction in New York, August 26, 2013. REUTERS/Lucas Jackson LOS ANGELES (Reuters) – Award-winning U.S. documentary maker Morgan Spur... More »

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Morgan Stanley developing online mortgage application tool

The Morgan Stanley logo is displayed at the post where it is traded on the floor of the New York Stock Exchange (NYSE) in New York, U.S., April 19, 2017. REUTERS/Brendan McDermid Morgan Stanley is developing a new digital mortgage application tool in a bid to ... More »

Morgan Stanley to curb veteran adviser recruiting

The corporate logo of financial firm Morgan Stanley is pictured on the company’s world headquarters in New York, U.S. April 17, 2017. REUTERS/Shannon Stapleton Morgan Stanley, the biggest U.S. brokerage by head count, told brokers Tuesday that it is standing d... More »

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Morgan Stanley rates Banco BTG Pactual stock `overweight`

The logo of Morgan Stanley is seen at an office building in Zurich, Switzerland September 22, 2016. REUTERS/Arnd Wiegmann/File Photo Grupo BTG Pactual SA’s stock is undervalued based on its ability to outperform peer banks in Latin America, where investment-ba... More »

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Morgan Stanley gave some clients incorrect tax information

FILE PHOTO – The corporate logo of financial firm Morgan Stanley is pictured on the company’s world headquarters in New York, New York, U.S. on January 20, 2015. REUTERS/Mike Segar/File Photo Morgan Stanley gave some wealth management clients incorrect informa... More »

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Morgan Stanley to pay $13 million for overbilling clients: SEC

The logo of Morgan Stanley is seen at an office building in Zurich, Switzerland September 22, 2016. REUTERS/Arnd Wiegmann/File Photo Morgan Stanley will pay $13 million to settle civil charges, after it overbilled some of its wealth management clients because ... More »

Tracy Morgan performs for medical staff who treated him: People

Actor-comedian Tracy Morgan performed a show near the site of a New Jersey car crash two years ago in which he was nearly killed for an audience that included medical staff who treated him, People magazine said on Sunday. The Saturday performance at the State ... More »

Morgan Freeman visits Cairo pyramids for documentary

CAIRO – Hollywood actor Morgan Freeman paid a visit to Cairo’s Giza Pyramids on Friday as part of the filming of a documentary. The Academy Award winner is shooting the “The Story of God” series, which looks at mankind’s quest to understand the divine. The “Mi... More »