Financial Services News

Financial Services Industry News and Information

February 7th, 2007

CBRE/New England to lease Summer Street office building


Boston Business Journal – The assets were sold by Morgan Stanley Real Estate following its purchase of Glenborough Realty Trust (NYSE: GLB, GLB, PrA). The portfolio contained six Massachusetts buildings totaling 1.2 million square feet. The entire portfolio — with assets in

New Peugeot Citroen CEO sets out recovery plan
MSN MoneyCentral – It is the first time they beat consensus numbers in I think a couple of years and it may be a big enough beat to drive a modest consensus upgrade for the first time in years,” said analyst Adam Jonas at Morgan Stanley. “It’s too soon to tell but

Around the Markets: Bankers bullish on Malaysian stocks
Herald Tribune – Fund managers should hold more Malaysian equities than the country’s representation in the Morgan Stanley Capital International Asia-Pacific excluding the Japan index, Jolley said. Overseas investors held $6.21 billion of Malaysian equities at the end

UPDATE 1-Morgan Stanley launches A$850 mln 4, 10-yr bonds
Reuters – Last: SYDNEY, Feb 7 (Reuters) – Morgan Stanley (MS.N: Quote , Profile , Research ) has launched a minimum of A$850 million ($659 million) of senior Kangaroo bonds in four- and 10-year durations, an investor looking at the offer said on Wednesday. ANZ

Goodyear to step down as chairman of BHP Billiton
Herald Tribune – It’s still quite positive and quite robust,” said Craig Chambers, an analyst at Morgan Stanley in Melbourne. Finding a new chief executive is unlikely to pose a challenge either, he said, and two strong internal candidates are already being mentioned

Trident Resources cancels $300 mln IPO
Reuters – Securities and Exchange Commission, cited market conditions and changes to its financing plans as reasons to pull its IPO documents. The underwriters were Credit Suisse, Morgan Stanley and TD Securities. Salt Lake City, Utah-based Trident did not

February 7th, 2007

Fitch Upgrades 8 Classes of Morgan Stanley Capital I Trust 2003-IQ5

February 7th, 2007

Lear stock surges after buyout offer from Icahn

February 6th, 2007

Amsterdam shares close off highs as Wall Street gives up opening gains

February 6th, 2007

Overstock.com sues brokerages for $3.5B

February 5th, 2007

Morgan Stanley consultant admits to data theft

February 4th, 2007

Earnings Preview: Humana

February 4th, 2007

Success in global equities comes in picking stocks on their own merits

February 3rd, 2007

US SWAPS-Yields fall, spreads tighten after jobs data

February 3rd, 2007

Morgan Stanley Eyes Energy Acquisitions In ‘07, CFO Says