AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
IBD'S TOP 10.(A)
Fed Raises Rates, More To Come
1As expected, the FOMC raised interest rates by a quarter-point for a 9th straight meeting, to 3.25%. And policy-makers gave no sign they're ready to pause. They said in their post-meeting statement rates remain "accommodative," so they'll continue "measured" hikes. The Fed gave a somewhat more upbeat assessment of the U.S. economy than at its May 3 meeting. More on this page
BofA To Buy MBNA For $35 Bil
2The No. 3 U.S. bank will buy stand-alone credit-card issuer MBNA for 0.5009 share plus $4.125 a share. It was a 30% premium based on Wed.'s close -- or $26.97 a share after Thurs. The merger would make N.C.-based Bank of America the world's largest card issuer. MBNA surged 24% to 26.16. BofA fell 2.7% to 45.61. More on this page
Stocks Slide After Fed Meeting
3The indexes gave up their early gains Thursday to close lower on heavier volume after the Fed raised interest rates. The Dow lost 1%, the S&P 500 0.7% and the Nasdaq 0.6%. Small caps fared a little better, as the S&P 600 shed 0.2%. Of the major indexes, only the Dow ended the second quarter with a loss. The 10-year Treasury yield fell to 3.91%. More on this page, B2
Treas., Fed See Fast Yuan Move
- John Paulus, chief economist at Morgan Stanley predicts lower long-term...
- Press release article from: PR Newswire January 8, 1987 700+ words
...economist, Morgan Stanley & Co...long-term interest rates and sluggish...Speaking at Morgan Stanley's annual...decline in real interest rates induced by...Roche of Morgan Stanley, 212-703...
- People: Andrew Garvey Abruptly Out at Morgan Stanley.
- Magazine article from: The Bond Buyer Hanson, Matthew May 8, 2007 700+ words
...Hoornweg, the other co-head of Morgan Stanley's interest rates and currencies division...s departure on Friday. Morgan Stanley's tax-exempts group is part of its larger interest rates and currencies division...
- People: Morgan Stanley Names Stratford Shields Public Finance Head.
- Magazine article from: The Bond Buyer Hanson, Matthew September 11, 2007 700+ words
Morgan Stanley on Friday announced that Stratford...Roberto Hoornweg, co-heads of Morgan Stanley's interest rates and currencies division, sent...strengths, as well as building up Morgan Stanley's presence in the municipal housing...
- AMEX ANNOUNCES STOCK SUBSTITUTIONS IN TWO MORGAN STANLEY INDEXES
- Press release article from: PR Newswire December 18, 1995 700+ words
...Cyclical Index (CYC) and The Morgan Stanley Consumer Index (CMR...McManus, strategist for Morgan Stanley. "The idea is that economically...the economy, as well as interest rates." The Morgan Stanley Cyclical Index is designed...
- DCR Rates Morgan Stanley Capital I Inc., Commercial Mortgage Pass-Through...
- Press release article from: PR Newswire March 27, 1997 700+ words
...ratings to the Morgan Stanley Capital I Inc...Rule 144A by Morgan Stanley & Co...pass-through interest rates for the Class...have variable interest rates at spreads...contributed by Morgan Stanley Mortgage Capital...
- DCR Rates Morgan Stanley Capital I Inc., Commercial Mortgage Pass-Through...
- Press release article from: PR Newswire October 7, 1997 700+ words
...ratings to the Morgan Stanley Capital I Inc...Rule 144A by Morgan Stanley & Co...pass-through interest rates for the Class...pass-through interest rates for the Class...DCR/ CO: Morgan Stanley Capital I Inc...
- Morgan Stanley, Warburg Announce Merger Talks; Pact Would Create 2nd-Biggest...
- Newspaper article from: The Washington Post Brett D. Fromson December 9, 1994 700+ words
...firms. This acquisition by Morgan Stanley would eliminate the last...Warburg may want to merge with Morgan Stanley before its competitive position...their profits plummet as interest rates have risen. Morgan Stanley is the fourth-largest...
- DCR Rates Morgan Stanley Capital I Inc.; Commercial Mortgage-Backed Securities...
- Press release article from: PR Newswire December 2, 1997 700+ words
...assigned the following ratings to the Morgan Stanley Capital I Inc., Commercial Mortgage...certificates were privately offered by Morgan Stanley Capital I Inc. The initial pass-through interest rates for the Class A, IO, B, and C certificates...