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Morgan Stanley is on track to resume stock buybacks and raise its dividend in 2021, CEO says

Morgan Stanley now holds between $6 billion and $10 billion in "excess capital" that should be retu…

Ben Winck   


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Twitter Adds Its First Ever Female Board Member - Marjorie Scardino

In connection with her election to the Board, Ms. Scardino was granted a restricted stock unit awar…

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1 min read

For 15 Months Of Work, Marissa Mayer's Compensation As CEO Of Yahoo Has Been $214 Million

As a result of the rise in the stock price, Equilar calculates, Ms. Mayer's $56 million package had…

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Former Citigroup CEO touts Morgan Stanley, Charles Schwab as 'really very good buys' for a financial-sector rebound

The financial sector "is in very good shape," Sandy Weill said, praising the two firms for their "b…

Ben Winck   


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US bank stocks surge after Fed clears way for up to $11 billion of buybacks

The Fed said Friday that banks can resume buybacks in 2021 so long as they don't exceed the average…

Ben Winck   


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3 mins read

Reddit users are questioning if it's really Keith Gill behind the memes that sparked the latest GameStop rally

Questions about who is behind the @TheRoaringKitty X account were sparked by a tweet on Monday that…

Matthew Fox   


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4 mins read

ACKMAN: We Didn't Cancel That Meeting With Herbalife, We 'Postponed' It

Mr. Klafter and Ms. Harbour had subsequent conversations and email correspondence that re…

Julia La Roche   


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Morgan Stanley fined $5 million by the SEC over trading fees

The bank's sold clients a "wrap fee" that was meant to cover all services, but managers allegedly m…

Ben Winck   


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1 min read

Google's April Fool's Day trick lets you play Ms. Pac-Man in Google Maps

It may not be the most original trick - Google did the same thing on the desktop version of Maps in…

Avery Hartmans   


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4 mins read

Becky Peterson   


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Stocks now in 'the painful stage' before a more balanced bull market emerges, Morgan Stanley chief US equity strategist says

Tech stocks' decline is ultimately "a healthy development for the bull market," as it drives invest…

Ben Winck   


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4 mins read

The most respected medical journal in the US just eviscerated a drug that's cost taxpayers over $1 billion

Acthar was grandfathered into FDA approval. Its primary use is to treat rare infantile spasms, but …

Linette Lopez   


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Marks and Spencer is sacrificing quality in pursuit of profits - and thats a dangerous game

Look past these figures though, and M&S's new strategy isn't working. The company is focusing o…

Will Martin   


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Marks & Spencer Is Still Failing To Convince Shoppers Its Clothes Aren't For Grannies

The TV ad was voted the winner of advertising trade magazine Campaign's annual "battle of the Chris…

Lara O'Reilly   


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Biogen shares are tanking because a 71% surge in profits just wasn't enough

"In the first quarter, we continued to gain share in the MS [multiple sclerosis] market and we beli…

Akin Oyedele   


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1 min read

17 stunning works of art created using only Microsoft Paint

For the first time since it was introduced 32 years ago along with Windows 1.0, the program won't r…

Nick Vega,Nathan McAlone   


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1 min read

A Microsoft robot just got the highest all-time score in 'Ms. Pac-Man'

The notion that this is the first time this score has been achieved is backed up by Highscore.com, …

Matt Weinberger   


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3 mins read

Morgan Stanley says it's time to sell stocks. Here are 3 reasons why the firm is the least confident it's been in 5 years.

The bottom-up, light blue line represents the average expected returns of US, Europe, and emerging …

Christopher Competiello   


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2 mins read

Marks and Spencer's UK sales rise is not enough to keep the stock from falling

While its clothing sales are down, it did report a massive rise in its website's sales for the peri…

Lianna Brinded