Wednesday 07:52 am Morgan Stanley (MS) wins a ruling against former subsidiary Discover Financial (DFS) and will receive nearly $800M. Assuming the decision isn't reversed on appeal, the payment should be a nice boost to Morgan's bottom line this year.
Comment!
David White: Fast Money guys seem to think AA has topped (or near) after the rally Friday and the upgrade by MS. If so, steel probably similar. X down?
Mon, Dec 21, 2009
InTheMoneyStocks.com: Morgan Stanley MS continues to be under some pressure. Good intraday support at the 28.50 level. This could be a good bounce area