This week, Kevin Matras shows you why stocks with new analyst coverage are stocks you want to have. Learn why, how to find them and get three new stocks with new analyst coverage.
Morgan Stanley reported better-than-expected first-quarter earnings today, at least temporarily easing investor nerves. Still, overall revenues and earnings were well below last year’s levels: Net revenue was $8.3 billion for the quarter, a...
Morgan Stanley is streamlining its Global Wealth Management unit, reducing its four U.S. divisions (Northeast, South, Central, West) to two (South/West and Northeast/Central), according to an internal memo sent last week by Andy Saperstein, head...
A spokesperson for UBS denied rumors, aired by CNBC last week, that the Swiss firm is contemplating a sale of its U.S. wealth-management business in order to raise capital. UBS has written-down billions of dollars related to mortgage-securities...
Bear Stearns reached a deal Sunday to sell itself to J.P. Morgan—at a fire-sale price. J.P. Morgan will pay $2 a share for the teetering bank, less than one-tenth of the price that its shares were trading for on Friday. That day, Bear&rsquo...
This week, Kevin Matras talks about one of the screens he¹s been using to find strong sectors, and the best stocks within them. See three stocks from the best sector, and two more stocks from the second best sector and how you can get them all.
, I know everyone is debating if we’re in a recession or not. No need to debate; I have the answer: We’re not. We’re in a short-term economic slowdown, and the economy is still growing. With the dramatic interest-rate cuts (and...
Disclaimed assets pass to grandchildren, not trust. Luckily for the beneficiaries involved, the U.S. District Court for the Western District of Pennsylvania in Offner v. United States, 2008 WL 398823 (W.D. Pa. Feb. 11, 2008) was not forced to...
A combination of tax-free gifts to grantor trusts and grantor-retained annuity trusts (GRATs) can be a powerful way to transfer wealth. Sophisticated quantitative modeling and capital markets forecasting demonstrate that even a client with a very...
