Morgan Stanley’s former head of diversity sued the bank, saying it hadn’t done enough to promote people of color and that it fired her in December. The Wall Street firm rejected the allegations.
Morgan Stanley’s former head of diversity sued the bank, saying it hadn’t done enough to promote people of color and that it fired her in December for pushing for it to move faster.
Marilyn Booker spent more than 25 years at the Wall Street brokerage, where she was one of few black women at the managing-director rank, the firm’s highest. She said in a court filing that her budget for diversity efforts was repeatedly cut, that she was “trotted out” as a token minority at public events, and that she was belittled by white...
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Morgan Stanley doubles down on 'V-shaped recovery' and raises stock market forecastMorgan Stanley says it has greater confidence in a 'V-shaped' recovery from the coronavirus pandemic, citing positive economic data and policy action from health authorities, governments and central banks.
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Piers Morgan says Kate Garraway's husband's battle for life is 'unbearably sad'Piers Morgan has spoken out about his Good Morning Britain co-presenter Kate Garraway and that her husband Derek Draper may 'never come home'
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Nvidia, Intel stocks get downgraded at Morgan StanleyMorgan Stanley analyst Joseph Moore downgraded shares of Nvidia Corp. and Intel Corp. to equal weight from overweight Tuesday, writing that he's shifting his chip-sector preferences toward names that stand to benefit from a broader economic recovery. He previously showed a preference for stocks that could benefit from remote-working trends. Nvidia shares are off 0.6% in Tuesday morning trading while Intel shares are up 1.7%. Moore wrote that in a recent Nvidia note, he drew comparisons between Nvidia and high-growth software names to justify his price target. "As much as we like the longer-term growth story, that's simply not a comparison that we're totally comfortable with," he said. On Intel, Moore wrote that consensus estimates seem low for the second-half of this year but "the growth deceleration implied by consensus numbers does imply significant risk to CY21." He upgraded shares of Lam Research Corp. , Qualcomm Inc. , and Qorvo Inc. [s QRVO] to overweight from equal weight. Nvidia shares have added 84% over the past three months as Intel's stock has rallied 38%. The S&P 500 is up 32% in that time as the Dow Jones Industrial Average , of which Intel is a component, is up 31%.
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Lady Gaga Collaborator Morgan Kibby Discusses 'Chromatica' InterludesFormer M83 member Morgan Kibby explains how the “Greek chorus” of Lady Gaga’s sixth album came to life
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