MORGAN STANLEY

JC Penney Revamped: Can Ron Johnson Save Department Stores?

J.C. Penney Store Revival
JC Penney's new Chief Executive Ron Johnson thinks shoppers have dropped the coupon-hounding, sale-chasing era when department stores reigned. Retail territory has been ceded to bargain sellers such as Walmart and Target. The former Apple retail executive offered a much-hyped solution last week, mixing branding, a new pricing structure and a buoyant ethos.
Facebook Filing for $5-Bln IPO

Facebook to File $5 Billion IPO Wednesday: IFR

Facebook is expected to submit paperwork to regulators on Wednesday morning for a $5 billion initial public offering and has selected Morgan Stanley and four other bookrunners to handle the mega-IPO, sources close to the deal told IFR.
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Nikkei Ends Flat, but Has Best January in 13 Years

Japan's Nikkei share average ended nearly flat on Tuesday, but logged its best January performance in 13 years as investors remained optimistic that the U.S. economic recovery could offset disappointing domestic corporate earnings.
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Nikkei Heads for Best January Performance in 13 Years

Japan's Nikkei share average was on track to snap a three-day losing run Tuesday and headed for its best January performance since 1999, as investors took cues from optimism about the U.S. economy and shrugged off weaker corporate earnings results.
NASDAQ Market Site in New York's Times Square

U.S. Stocks Down on Stalled Greek Debt Talks

Stocks fell on Monday after Greece's efforts to reach a debt restructuring with creditors stalled, hampering European leaders' push to shift the market's focus to jobs and growth.
Convicted Criminals Use Facebook to Taunt Victims' Families

Facebook to File for $10-Bln IPO: Is $100-Bln Valuation for the Company Appropriate?

Facebook Inc., the world's largest social networking site, is getting closer to its initial public offering this week as the company is reportedly planning to file papers with the U.S. financial watchdog on Wednesday. Speculation is rife that the social media giant is aiming to raise about $10 billion, which would value the company at between $75 billion and $100 billion.
Convicted Criminals Use Facebook to Taunt Victims' Families

Facebook to File IPO Documents Soon: Report

Facebook plans to file documents as early as Wednesday for a highly anticipated IPO that will value the world's largest social network at between $75 billion and $100 billion, the Wall Street Journal cited unidentified sources as saying on Friday.
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Ford Accounting Change Signals Profit Outlook

Ford Motor Co is poised to report its biggest annual profit in 13 years on Friday after an accounting change that signals the No. 2 U.S. automaker's belief it can remain profitable.
Tim Cook

Apple CEO Tim Cook Faces a $98 Billion Problem

Apple CEO Tim Cook has a problem, a $98 billion problem. Just 18 months ago, Apple's $46 billion mountain of cash, while huge by most standards, attracted only muted complaints from investors, who did call for a dividend or share buyback, but were mostly happy with the meteoric rise in the stock price.
A man walks past an electronic board displaying Japan's Nikkei share average outside a brokerage in Tokyo

Nikkei Falls Back from 3-Month High; Fanuc Disappoints

Japan's Nikkei average retreated from a three-month high on Thursday as disappointing results from Fanuc and Fuji Electric weighed, though the Federal Reserve's signal of its readiness to further stimulate the U.S. economy provided support.

Roche Offers $5.7B, Unsolicited, for Illumina

Roche Holding AG is offering $5.7 billion in cash to buy U.S. gene sequencing company Illumina Inc in an unfriendly takeover bid that marks a major play by the Swiss drugmaker into the gene technology field.
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Roche offers to buy Illumina for about $5.7 billion

Swiss drugmaker Roche Holding AG offered about $5.7 billion in cash to buy U.S. gene sequencing device maker Illumina Inc , in a potentially hostile takeover bid to boost its position in life sciences and diagnostics.
Thorsten Heins poses for a portrait at the Research in Motion (RIM) company headquarters in Waterloo, Ontario, January 22, 2012.

RIM's New Leader Raises Doubts among Investors

The new leader at Research In Motion on Monday dismissed talk of drastic change at the BlackBerry maker, a declaration seized on by impatient investors who say Thorsten Heins has only 12 to 18 months to turn RIM around.
BSE Sensex

BSE Sensex Witnesses Highest Close in 6 Weeks

The BSE Sensex rose 0.57 percent on Friday to its highest close in six weeks, as appetite was bolstered by strong results from software services exporter Wipro (WIPR.NS) and the country's No. 3 private lender Axis Bank (AXBK.NS).
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Futures off after Google, GE results

Stock index futures dipped on Friday, indicating the S&P 500 may snap a three-day win streak after Google results fell short of expectations and as investors eyed Greek debt talks for signs of progress.
Arrangement of various world currencies including Chinese Yuan, Japanese Yen, US Dollar, Euro, British Pound, Swiss Franc and pictured in Warsaw

Nikkei Hits 2-Month High on U.S. Bank Data

Japan's Nikkei share average hit a two-month high on Friday, boosted by encouraging results from U.S. banks Morgan Stanley (MS.N) and Bank of America (BAC.N), while near-term concerns over Europe eased after successful Spanish debt auctions.

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