Topic: Morgan Stanley
U.S. companies amass record cash vs debt: report
Reuters US Online Report Business News
NEW YORK (Reuters) - U.S. corporate borrowers amassed the most cash relative to debt on record through the fourth quarter and will likely preserve cash levels this year, supporting corporate bonds, Morgan Stanley said on Friday. Cash amounted to just under 30 percent of debt in the fourth quarter, versus ...
General Growth shares rise in Big Board return
Reuters US Online Report Business News
NEW YORK (Reuters) - Shares of General Growth Properties <GGP.N> rose on Friday, their first day back on the New York Stock Exchange, even as the U.S. mall owner operates under bankruptcy protection. Shares of the real estate investment trust were up 2.3 percent to $14 ...
Morgan Stanley strikes deal to sell China bank stake: report
AFP Asian Edition
US banking giant Morgan Stanley has reached a deal to sell its 34.3 percent stake in investment bank China International Capital Corp., a report said Thursday, citing CICC's chairman. The sale of Morgan Stanley's entire stake in CICC is still pending regulatory approval in China, bank chairman ...
Morgan Stanley to sell China bank stake: report
AFP American Edition
Morgan Stanley has reached a deal to sell its entire 34.3 percent stake in China International Capital Corp., subject to regulatory approval, Dow Jones Newswires has reported. "Our board has approved the buyers of the stake held by Morgan Stanley," CICC chairman Li Jiange told Dow Jones. "We have ...
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