Report title: Morgan Stanley 2Q09 Tearsheet
from CreditSights
978 word report published Aug 20, 2009

Price $150.00 available for immediate download
Report Overview
 
Search Inside
 
About CreditSights

Morgan Stanley 2Q09 Tearsheet Morgan Stanley (A2(Neg)/A(Neg)) was downgraded to A2 by Moody's on December 17, 2008, and to A by S&P on December 19, 2008. We view the company as a high-A credit, given its more balanced earnings stream...

Report Type: Tearsheet
Source: CreditSights Inc
Free Sample: Click Here to Download
Format:
HTML HTML


Enter the keyword(s) which you would like to search for within this document and click "Search"  

Also from CreditSights
  • Morgan Stanley 3Q09 Core Miss: Playing Catch-Up?  $150.00
    Morgan Stanley beats consensus by almost a dime. However, we estimate that on a core basis, the company would have missed the Street's expectations. Even as results improved sequentially, sales and trading still lags its peers. 
  • Morgan Stanley: 1-on-1 with CFO & Treasurer  $150.00
    We met one-on-one with Morgan Stanley. The takeaway message was that Morgan Stanley believes it is largely configured well to meet the challenges in the post-systemic capital markets world. Regulatory tail risk is a concern. 
  • U.S. Banks: Big Banks In Diaspora, Homeward Bound?  $150.00
    Big banks/brokers Bank of America and Morgan Stanley still wandering in the profitability desert as they restructure and recapitalize their way to balance sheet health and positive strategic performance. More confident for 2010. 
  • Morgan Stanley: New CEO = New Direction?  $150.00
    Morgan Stanley named Co-President/Head of Global Wealth Mgmt, James P. Gorman, as incoming CEO. John Mack to remain with firm as Chairman. The appointment of the new CEO may show a shift away from riskier proprietary trading 
  • Morgan Stanley 10-Q Cut: CACS Packed  $150.00
    Morgan Stanley's 2Q09 10-Q provides an update of its operating profile, capital management trends, risk appetite, and liquidity management. Morgan Stanley also detailed its corporate actions (CACS) including Smith Barney and TARP repayment. 
  • Morgan Stanley 2Q09 Core Beat: Modest Trade Gains  $150.00
    Morgan Stanley reported 2Q09 EPS of -$1.10, which missed consensus. Core results came ahead of consensus. Results held back by a relatively modest trading gains, higher comp, and a structured notes loss. Tier 1 highest amongst big banks. 
  • U.S. Banks: Repaying TARP, Off to the Races Again?  $150.00
    We review the banks which were approved to repay the TARP funds. Ten banks received approval to repurchase $68 billion in preferred stock issued under the TARP Capital Purchase Program. Related warrants remain outstanding at this moment. 
  • US Bank Stress Tests: Regulators UnCap SCAP  $150.00
    Fed white papers SCAP, its stress test's design/implementation format.Fed's base-line assessment seems too soft, while its severe in-line with our conservative case.Our severe case may be more in the picture with heavy cap structure effect 

Price: $150.00



  Can't Decide?

Purchasing premium research sight unseen can be intimidating. At Alacra we want you to know what you are getting. Visit our FAQ or ask our Customer Service Team any questions about the report you are considering purchasing.