Warehouse retailer BJ’s Wholesale Club is in the process of hiring an advisor to explore a possible sale of the company to a private equity firm.
Continue reading BJ’s Wholesale Seeks Advisers for Possible Priv…
Morgan Stanley said it is divesting its 6.7% stake in investment manager Invesco. The investment bank will sell the 30.9 million shares it received as part of the sale of its Van Kampen mutual fund portfolio to Invesco, a stake…
Calls for a dip are understandably rising amid signs that the market is overbought. But evidence of performance-chasing, where fund managers who are lagging their peers take on more risk in hopes of outsize returns, are also mo…
Apple (AAPL) may see its revenue from China triple over two years as the company expands its sales network demand from consumers rise, Morgan Stanley (MS) said.
Apple’s sales in China may be worth more than $9 billion in the year ending September 2012, Morgan Stanley analysts said in a report. In the last fiscal year, Chinese sales were worth $2.9 billion.
The analysts forecast that…
Continue reading Apple’s China Revenue May Triple Over Two Years, Analysts Say
Apple’s China Revenue May Triple Over Two Years, Analysts Say originally appeared on DailyFinance on Tue, 02 Nov 2010 07:10:00.
Filed Under: Company News, Technology, Earnings, Morgan Stanley , Apple, Stock Picks, Market News
The world’s biggest brokerage posted a third-quarter net loss, hurt by special charges and declines in sales and trading activity in a low-volume market. On an adjusted basis, Morgan missed Wall Street’s forecast.
…