CORRECTED - GM likely to survive, bonds a "buy"-JPMorgan ( Tue, 18 Nov 2008 00:22:23 +0100) (In Nov. 11 story, corrects spelling of analyst name in 16th paragraph) NEW YORK, Nov 11 (Reuters) - General Motors Corp's extremely distressed debt is Read more
WRAPUP 4-Chrysler urges bailout, Washington split ( Thu, 13 Nov 2008 23:26:23 +0100) * Goldman Sachs suspends GM rating, shares down 4 percent * Chrysler: 'difficult to survive' without government aid * JPMorgan downgrades GM, cuts target Read more
WRAPUP 3-Goldman suspends GM rating, Chrysler urges aid ( Thu, 13 Nov 2008 20:18:53 +0100) * Goldman Sachs suspends GM rating, shares down 6 percent * Chrysler: 'difficult to survive' without government aid * JPMorgan downgrades GM, cuts target Read more WRAPUP 2-Goldman suspends GM rating, says bailout needed ( Thu, 13 Nov 2008 18:15:22 +0100) * Goldman Sachs suspends GM rating * Says at least $22 billion needed to turn around GM * JPMorgan downgrades GM, cuts target price * W. House: bailout Read more WRAPUP 1-Goldman suspends GM rating, sees $22 bln bailout ( Thu, 13 Nov 2008 16:10:06 +0100) * Goldman Sachs suspends GM rating * Says at least $22 billion needed to turn around GM * JPMorgan downgrades GM, cuts target price * White House says Read more
Laura Berman: Obama's win inspires boy, 8 ( Thu, 13 Nov 2008 05:00:00 +0100) Presidential hopeful Myles Morgan, now 8, is looking ahead to his own stellar future. That's in part because his hero -- the man he waited in line to see at Joe Louis Arena in June -- is now the president-elect, confirming the third-grader's view of how things ought to go. Read more
J.P. Morgan: GM likely to survive, bonds a 'buy' ( Tue, 11 Nov 2008 15:00:00 +0100) General Motors' extremely distressed debt is an attractive investment as the automaker has several options to improve its liquidity and survive the economic downturn, according to credit analysts at J.P. Morgan. Read more
GM likely to survive, bonds a "buy" says J.P. Morgan ( Tue, 11 Nov 2008 15:00:00 +0100) NEW YORK (Reuters) - General Motors' extremely distressed debt is an attractive investment as the automaker has several options to improve its liquidity and survive the economic downturn, according to credit analysts at J.P. Morgan. Read more
GM likely to survive, bonds a "buy"-JPMorgan ( Tue, 11 Nov 2008 17:15:07 +0100) NEW YORK, Nov 11 (Reuters) - General Motors Corp's extremely distressed debt is an attractive investment as the automaker has several options to improve Read more
NASCAR team owner Larry McClure indicted for tax violations: ( Wed, 29 Oct 2008 20:50:00 +0100) Larry McClure, co-owner of the Morgan-McClure team that did so well in NASCAR in the 1990s, has been indicted on charges relating to money laundering, wire fraud, mail fraud, filing false income tax returns, and obstructing a tax investigation. Read more
WRAPUP 2-VW hits No. 1 in market value amid short squeeze ( Tue, 28 Oct 2008 22:42:09 +0100) * VW market value soars amid short squeeze * Societe Generale shares sink * Morgan Stanley, Goldman tumble; rebound in market rally (Recasts to add details Read more
WRAPUP 1-Morgan Stanley, SocGen, Goldman fall on VW worry ( Tue, 28 Oct 2008 18:33:00 +0100) * VW market value soars amid short squeeze * Banks shares fall By Jean-Michel Belot and Jonathan Stempel PARIS/NEW YORK, Oct 28 (Reuters) - Shares of Read more
Morgan Stanley says not exposed to VW or Citadel ( Tue, 28 Oct 2008 17:29:34 +0100) NEW YORK, Oct 28 (Reuters) - Morgan Stanley , slammed by market speculation that the bank had suffered losses related to hedge fund Citadel Investment Read more
UPDATE 1-Goldman, Morgan Stanley shrs fall on VW exposure talk ( Tue, 28 Oct 2008 17:29:54 +0100) NEW YORK, Oct 28 (Reuters) - Shares of Morgan Stanley and Goldman Sachs Group Inc tumbled on Tuesday on speculation the banks might be caught on the wrong Read more
MORGAN STANLEY SAYS HAS "VIRTUALLY NO EXPOSURE" TO VW OR ( Tue, 28 Oct 2008 16:28:00 +0100) MORGAN STANLEY SAYS HAS "VIRTUALLY NO EXPOSURE" TO VW OR CITADEL Read more MORGAN STANLEY SPOKESMAN SAYS FIRM DOES NOT PRIME BROKER ( Tue, 28 Oct 2008 16:28:10 +0100) MORGAN STANLEY SPOKESMAN SAYS FIRM DOES NOT PRIME BROKER CITADEL Read more
BRIEF-Morgan Stanley downgrades Malaysia's Sime Darby ( Wed, 22 Oct 2008 06:30:15 +0200) KUALA LUMPUR, Oct 22 (Reuters) - Sime Darby : * Morgan Stanley has downgraded Malaysia's largest palm oil producer to EQUALWEIGHT from OVERWEIGHT, a fund Read more
J.P. Morgan analyst: GM, Ford losses will worsen ( Tue, 21 Oct 2008 14:00:00 +0200) Frozen credit markets will dramatically lower U.S. vehicle sales and increase losses at General Motors and Ford Motor Co., a J.P. Morgan analyst said today. In a note to investors, analyst Himanshu Patel said that for the fourth quarter, U.S. Read more
Merger can get GM cash, leverage with UAW, analyst says ( Tue, 21 Oct 2008 17:52:34 +0200) General Motors Corp. could access the cash it needs and negotiate more labor savings with the UAW by completing a merger with Chrysler LLC, a JP Morgan auto analyst said today. Read more J.P. Morgan widens loss views on auto industry ( Tue, 21 Oct 2008 14:00:00 +0200) J.P. Morgan Securities widened its fourth-quarter loss estimates for automakers General Motors and Ford Motor Co., citing what it called a fundamentally altered credit environment. Read more UPDATE 1-JP Morgan widens loss view on auto cos, cuts suppliers ( Tue, 21 Oct 2008 14:52:59 +0200) (Recasts, adds details) Oct 21 (Reuters) - J.P. Morgan Securities widened its fourth-quarter loss estimates for automakers General Motors Corp and Ford Read more
JP Morgan, Citi, Goldman cut CITIC Pacific ( Tue, 21 Oct 2008 02:26:07 +0200) HONG KONG, Oct 21 (Reuters) - JP Morgan, Citi and Goldman Sachs downgraded Chinese conglomerate CITIC Pacific after warning of potential foreign exchange Read more
WRAPUP 3-GM shares jump; Chrysler in talks with others ( Tue, 14 Oct 2008 00:49:42 +0200) * GM jumps after reported merger talks with Ford, Chrysler * Chrysler CEO says company in talks with third parties * JPMorgan sees potential gains for Read more
WRAPUP 3-GM shares jump; Chrysler in talks with others ( Mon, 13 Oct 2008 19:37:06 +0200) * GM jumps after reported merger talks with Ford, Chrysler * Chrysler CEO says company in talks with third parties * JPMorgan sees potential gains for Read more US STOCKS-Global rout, bank woes roil Wall Street ( Fri, 10 Oct 2008 16:37:45 +0200) * Global markets sell off on credit, recession fears * S&P 500 trades below 900 mark, but off worst levels * Morgan Stanley, Goldman Sachs slide on rating Read more